In a recent Inman News article it was stated that owners of luxury property are likely to see future changes in the tax code raising taxes on the wealthy. These proposed changes are motivating a number of ultra high-net-worth individuals to sell before the changes take effect.
President Joe Biden is proposing these modifications to the tax code as a way of funding the $1.8 trillion America Families Plan to help families with young children struggling with poverty.
Read the Inman News article below for all of the details.
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 wasunprecedented.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
1230 Silver Court, Pebble Beach Offered at $5,595,000
Hosted by Susan Clark, Carmel Realty Company
Pebble Beach Golf Links Photo taken by Bob Borden
This week we welcome the AT&T Pro Am Golf tournament along with thousands of golf enthusiasts. If they hadn’t thought about it before, I’m sure many of our golf visitors are wondering what it would be like to live on the Monterey Peninsula. For example, imagine living in this amazing home close to the Lodge at Pebble Beach and Spy Glass Hills. Come on by and take a look.
Open House/Saturday 2/8 2:00-5:00pm
1230 Silver Court, Pebble Beach Offered at $5,595,000
Hosted by Susan Clark, Carmel Realty Company
1230 Silver Court, Listed by Carmel Realty Company
Sleek lines, sophisticated modern living, and so close to everything “Pebble Beach”. Whether you golf, ride horses, hike, or hang out at the Spa, you’ll love this home, the location, and the Pebble Beach Lifestyle.
1230 Silver Court Listed by Carmel Realty
In the living room the Isokern wood-burning fireplace surrounded by split face limestone creates the perfect setting for relaxation or entertainment.
Listed by Carmel Realty Company
The gourmet kitchen is perfect for entertaining and beautiful with its euro-sawn oak cabinets and Taj Mahal honed quartzite counters.
Listed by Carmel Realty Company
The kitchen opens onto the family room which flows out onto the deck to enjoy our delightful Monterey Peninsula sunshine!
Listed by Carmel Realty Company
The home is 4,825 square feet with four bedrooms, four full baths, and two half baths. The lot is 16,700 square feet.
The Master bedroom boasts a double door entry, see through linear gas fireplace with birch log set and a surround of hand chiseled limestone.
Listed by Carmel Realty CompanyMaster Bedroom, listed by Carmel Realty CompanyMaster bedroom, listed by Carmel Realty Company
This incredible home has three additional bedrooms, a library, a study, 3-car garage, and so much more!
Come by and see it today or call me for a private showing!
