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NEIGHBORHOOD MARKET TRENDS


Get Poletti & Company’s local market trends for Monterey County, California.

WHAT’S NEW?

Real Estate 2014

December 30, 2013; 01:24 PM There was nothing ho-hum about 2013’s real estate scene. Home prices got off dead center as early as February, and climbed like the California Screamin’ roller coaster ride at Disney California Adventure Park. Unpredicted price escalation took hold for the rest of the year. Foreclosure filings took a steep fall. […]

Does Your Realtor do Internet Marketing?

Does your real estate have an aggressive internet marketing campaign?  We’re not talking about how a realtor markets their business on the internet – we’re talking about how your realtor promotes your property listing on the internet. In our opinion, it’s not enough to put the listing in the multiple listing service (“MLS”) and wait […]

Softening Housing Market Pushes Key Mortgage Rates Down

Fixed-rate mortgages continued to trend downward for the second consecutive week and are now at their lowest levels since June. The average rate on a 30-year, fixed-rate mortgage dropped  0.03 percentage point from the previous, according to the latest survey by mortgage buyer Freddie Mac. Previously at 4.13 percent, the 30-year average is now trending at 4.1 […]