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6th Avenue 2SW of, San Carlos St.
Carmel-By-The-Sea, CA 93921

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831-747-0310

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[email protected]

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What’s the Latest?

Week of May 1st-May 7th


Property Tips and Tricks

origin (17)-min

Focus on the two Ls - light and location

This week, I am sharing an article from Bloomberg with helpful advice on where and how to invest in real estate. One takeaway is to forgo chasing after more square footage and instead, focus on light and location. Plus, one of the contributors mentions Carmel, CA as an area to purchase a home. I'll place a link to the article below, it is about an 8-minute read and should be accessible without running into a paywall:

Local News and Events

origin (16)

Rainy start, but prep for heat

After experiencing a very wet winter and cool temperatures so far this Spring, one thing I have been paying attention to is that weather is becoming more and more unpredictable. As we move closer to summer, the inland areas will start to heat up, drying out the wet ground, trees, and brush, and increasing the chances of a fire. Now is a good time to review best practices for reducing wildfire risks so I am linking a useful flyer provided by Firewise USA with a checklist to get your property ready for the fire season...handy to reference this document later or pass it along to your gardener/landscaper and have them run down the punch list.

Real Estate News

origin (15)

Home sales fall to an average of 4.4 Million homes per year

Last week, I discussed inventory shortages, and this week I want to highlight the state of home sales across the country, including Monterey County. Did you know that in a strong year, nearly 7 million homes are sold in the United States? Due to the current economic conditions, this number has dropped by over 30% to an average of 4.4 million homes sold per year. Even in Monterey County, home sales volume has fallen by almost 50% compared to the peak last year. Keep in mind that home inventory is still down, giving homebuyers fewer choices; combined with higher interest rates and a changing macroeconomic environment, fewer transactions are happening.

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Jonathan Balog Luxury Realtor Carmel Pebble Beach

Jonathan Balog

DRE# 01980970
Broker
M: 831.747.0310
[email protected]

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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Carmel and Pebble Beach Real Estate

JONATHAN BALOG

Broker Associate

831.747.0310

[email protected]

DRE 01980970

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This website is not the official website of Compass, Inc. Compass, Inc. does not make any representation, warranty, or endorse any information, including without limitation its accuracy or completeness, contained on this website. Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation

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