Tag Archives: Carmel Realty Company

Real Estate on the Monterey Peninsula ~ Looking back on 2020

 

2020 Annual Report ~ Real Estate on the Monterey Peninsula

Susan Clark, realtor, Carmel Realty Company

Message from Susan – Click below

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It’s a New Dawn, a New Day, and a new 2021!

       Annual Report ~ 2020 Real Estate on the Monterey Peninsula

As realtors we always look back at the end of the year in preparation for going forward.  As I am sure none of you need to be reminded, 2020 was  unprecedented.  With a global COVID pandemic raging, along with social and political unrest, the country had its “hands full”.  Locally here in March stay-at-home orders were mandated and real estate came to a screeching halt for the next couple of months.  As realtors we adapted to the “No Showings” order by using additional video, virtual tours, Matterport 3- D tours and extensive Social Media. Out of necessity we found additional means to showcase our sellers’ properties.

When the order was lifted for essential services in May, showings by appointment only were allowed with buyers wearing booties, masks, and rubber gloves.  We did everything possible to keep everyone safe.  The pent up demand took off and the local real estate market experienced a major surge in business.  All 9 markets my company tracks had a significant increase in demand with multiple offers becoming the norm when properties would come on the market.  Our annual report is attached. The statistics and commentary tell this story – each market a little different, but all showing significant increases. I encourage you to take a look.

What’s in store now is everyone’s question. In my view, it’s a new dawn, a new day, and a new 2021! I’m very optimistic.  Yes, January has begun slower than we’d like and there is still a stay-at-home order in place, but interest rates are still low and the country is making strides on getting people vaccinated for Covid.  The new Administration is making this a top priority and there is an additional stimulus bill on the horizon.  The silver lining of the pandemic may be that many of our buyers have found they can live on the Monterey Peninsula and work remotely increasing the number of full time families in our community.

If you seek to explore new changes in your life real estate-wise, I’m here to assist in any way I can. Call me to talk or just say hello.  I love hearing from my clients and friends.

Just Listed! 1222 Shafter, 3BR/2BA Offered at $1,000,000

Just Listed!  1222 Shafter, Pacific Grove, 3BR/2BA

Offered at $1,000,000 ~ Showing by Appointment

 

Real Estate on the Monterey Peninsula ~ What now?

Dear Clients, Friends, and Associates,

This past month has been very challenging for all of us.  We have all been impacted in different ways, however, for none of us has it been life as usual.  I know some of you have been unable to see elderly loved ones, and many of you have become “teachers” to your young children.  Some of you have been able to work from home and others have been furloughed or have had your small business forced into closing.  My whole-hearted thanks go out to all of our essential businesses that have been keeping us safe, healthy, and fed. 

Mary Aliotti from Victorian Corner in Pacific Grove serving a Take-out order

Thank you to all of the police officers, doctors and nurses and other health care workers, our grocery stores, and our restaurants serving take-out orders.  During a Shelter-in-place order we quickly find out how many people we depend on daily to take care of our basic needs.  Thank you all, for being there for us!

Just Sold! 23675 Determine Lane (Represented the Buyer)

So how has the “shut down” affected Real Estate on the Monterey Peninsula I keep being asked?  To begin with we had a very strong first quarter and the Q-1 statistics are attached.  Most of the sales that were in escrow when the SIP order took place did proceed to close. 

First Quarter Report ~ by Carmel Realty Company

But what now?  Yes, that is the $64,000 question.  At this time, no one wants to forecast an exact answer to this question, because there are still so many variables.  There are a number of key drivers at play –  both positive and negative.  At Carmel Realty Company we are working to accentuate the Positive with new sales tools and new channels of messaging to reach our prospective buyers and sellers.  

Adwerx, a digital advertising campaign, is just one of the ways we reach out to prospective clients

As a Realtor with 33 years experience in both San Francisco and on the Monterey Peninsula, I have seen our real estate market survive many crises.  I remember the AIDS epidemic in the late 80’s and early 90’s, the Stock Market crash of 1987, the Loma Prieta Earthquake in 1989, the dot com boom and then crash in 2001, the crazy upwards rush of prices ending in a crash in 2007 and the housing collapse in 2008 with foreclosures and short sales becoming common place.  What I have learned is that “this too will pass”. 

Susan with husband, Allan, on the Rec Trail in Pacific Grove.

What I know for sure is that we live in one of the most desirable communities in the world with a limited inventory of homes.  We’ll get through this crisis like we survived the others.  In time our community will return to become healthy and vibrant with appreciating real estate values and an extraordinary quality of life.

Susan Clark, Realtor 831-320-6801

Take care, stay safe, stay healthy.

Q-1 Report

 

I Live Downtown! ~ in Carmel-by-the-Sea

Dolores & 7th, Carmel-by-the-Sea ~ Courtesy of Alain Pinel Realtors

Living downtown in Carmel-by-the-Sea

Carmel is not only a tourist destination, but a home for many people.  Just ask them!

Our downtown residents are involved in a myriad of occupations –  business, art, professional services, and those lucky people who are retired and just doing whatever their heart desires.  This video was made as a reply to a comment someone said that not many local people lived downtown.  These residents would beg to differ.

“I Live Downtown”

by Chris Sanders