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Address

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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Week of July 24th - July 30th


Property Tips and Tricks

Luxury Real Estate Carmel California

Classic Hits

When embarking on a room remodeling project, it's easy to get caught up in the latest trends and modern design elements. While contemporary styles have their appeal, there's something undeniably captivating about classic materials and colors that stand the test of time. If you want a space that exudes timeless elegance and sophistication, consider incorporating classic materials like tile and the color white into your design.

Tile is well-known for its durability and versatility, and it is easy to incorporate tile into bathrooms and kitchens. Tile can effortlessly adapt to various design styles and is rather low maintenance.

When it comes to color, white reigns supreme in the realm of classic elegance. White is a timeless choice that never goes out of style. White opens up a space, making it feel bright, airy, and spacious. It also serves as a blank canvas, providing the perfect backdrop to showcase other design elements and accessories. Whether you're aiming for a traditional, contemporary, or eclectic look, white complements any theme flawlessly.

As you contemplate a room remodel, keep in mind that trends may come and go, but classic materials and colors remain eternally stylish. By incorporating timeless elements like tile and the color white, you're not only investing in the beauty of your space but also creating an enduring sanctuary that will be cherished for years to come. Plus, picking a timeless design that you can enjoy, but also can appeal to buyers when/if you sell your home can end up saving you money in the long run.


Real Estate News

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#CaliforniaStrong

Recent data came out surrounding the mortgage delinquency rates (people behind on their mortgage payment) across the country and California has 4 out of the top 5 lowest delinquency rates, and 5 out of the top 10. Furthermore, the mortgage delinquency rates on the West Coast are almost 70% below their historic averages.

The unemployment rate in the state is around 4.6%, which is near the lowest level on record. When people have jobs, they pay their mortgage, makes sense, right? As long as the job market remains strong, there will continue to be little inventory hitting the market due to distress. While overall homebuyer demand is still relatively low compared to the past several years, there is a historic collapse in new listings, which continues to suppress inventory.

What does this mean? It remains hard to see a situation that causes inventory to open up in the next couple of months, and as I previously reported, inventory could tighten up further as we get closer to the fall.


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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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