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Story from CARMEL,CA


               
2009 Nov 30, 2:43am   4,201 views  21 comments

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On my recent visit to Carmel(by the sea), I was intrigued to find   many 'for-sale' signs all over the town.  Some are even by the ocean.. millions of dollars worth or properties for sure.  But usually these would have been scooped up  in a matter of days.  Now they are just sitting in the market.

An anectodal story to say the high-end housing is in trouble....

 http://www.redfin.com/city/2908/CA/Carmel-by-the-Sea

Just thought I'd share with Patrick readers....

#housing

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21   Bap33   @   2009 Dec 3, 1:10pm  

When the Salinas crowd moves back to Salinas, and Seaside looks like more like it used to, then Carmel will be ok.

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