Carmel Pacific Grove CA Real Estate Molly McGee REALTOR Monterey Bay Properties for Sale

<h1>Carmel Pacific Grove CA Real Estate Molly McGee REALTOR Monterey Bay Properties for Sale</h1> <p>Pacific Grove CA Real Estate, Real Estate of the Monterey Bay. Molly McGee is your resource for finding your California Dream Home. Find a property in Big Sur, Monterey, Carmel, Pebble Beach, Pacific Grove, Carmel Valley, Seaside or Marina. Molly McGee, REALTOR with Keller Williams Realty, will help you sell or purchase a home, or land anywhere on the Monterey Peninsula. find reos in seaside, sear</p><table width="100%" height="100%" border="0" cellpadding="0" cellspacing="0"><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=6052&ID=3581">Surf Way Condos</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5487&ID=3581">Help for Homeowners</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5485&ID=3581">SEARCH Pre-Foreclosures</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3437&ID=3581">Short Sales/REOs</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=1146&ID=3581">Local Events</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3562&ID=3581">Rentals</a></td></tr><tr><td height="26"><a class="menuItem" href="/HomeValue.aspx?ID=3581">What's My Home Worth?</a></td></tr><tr><td height="26"><a class="menuItem" href="/Search/Default.aspx?ID=3581">Property Search</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=1369&ID=3581">Market Stats</a></td></tr><tr><td height="26"><a class="menuItem" href="/PerfectProperty.aspx?ID=3581">Find The Perfect Property</a></td></tr><tr><td height="26"><a class="menuItem" href="/Schools.aspx?ID=3581">Schools</a></td></tr><tr><td height="26"><a class="menuItem" href="/toolkit.aspx?ID=3581">KW Alert</a></td></tr><tr><td height="26"><a class="menuItem" href="/OpenHomes.aspx?ID=3581">Open Homes</a></td></tr><tr><td height="26"><a class="menuItem" href="/Listings.aspx?ID=3581">Featured Listings</a></td></tr><tr><td height="26"><a class="menuItem" href="/OfficeListings.aspx?ID=3581">Office Listings</a></td></tr><tr><td height="26"><a class="menuItem" href="/Buyer/BuyerInformation.aspx?ID=3581">Buyer Information</a></td></tr><tr><td height="26"><a class="menuItem" href="/Seller/SellerInformation.aspx?ID=3581">Seller Information</a></td></tr><tr><td height="26"><a class="menuItem" href="/Calculators.aspx?ID=3581">Calculators</a></td></tr><tr><td height="26"><a class="menuItem" href="/movingTips/MovingTips.aspx?ID=3581">Moving Tips</a></td></tr><tr><td height="26"><a class="menuItem" href="/RealEstateGlossary.aspx?ID=3581">Real Estate Glossary</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=1267&ID=3581">Community Links</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=2599&ID=3581">Blog</a></td></tr><tr><td height="26"><a class="menuItem" href="/Testimonials.aspx?ID=3581">Testimonials</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3515&ID=3581">Monterey Bay Attractions</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3561&ID=3581">GREEN Topics</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3563&ID=3581">Lenders</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3603&ID=3581">Hotels</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=3712&ID=3581">Vacation Homes</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=4064&ID=3581">Local Issues</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=4435&ID=3581">1031 Exchanges</a></td></tr><tr><td height="26"><a class="menuItem" href="/About.aspx?ID=3581">About Me</a></td></tr><tr><td height="26"><a class="menuItem" href="/Contact.aspx?ID=3581">Contact Me</a></td></tr><tr><td height="26"><a class="menuItem" href="/CustomContent.aspx?fp=5502&ID=3581">Weather</a></td></tr> </table> <p>Your Monterey Bay Real Estate Advisor</p><p><div><span style="font-family: Verdana"><span style="font-size: 10pt"><span style="font-family: Verdana"><span style="color: red"><span style="font-family: Verdana"><span style="font-size: 10pt"><span style="font-family: Verdana"><strong>*NEW* </strong><span style="color: #000000">Struggling to make your mortgage payments? Find out if you qualify for a loan modification or refinancing program. Click on the <span style="color: #003366"><strong>Help for Homeowners</strong> </span>link to the left to find out. </span><strong> <br /> *NEW* </strong></span></span></span></span><strong>Search for pre-forclosure, auction, and bank-owned homes on the Central Coast of California by clicking on the <span style="color: red">SEARCH PRE-FORECLOSURES</span> link to the left.</strong> <br /> Welcome to your resource for Monterey Bay California Real Estate! Search quickly & easily for your next home or investment property in Carmel, Carmel Valley, Big Sur, The Highlands, Monterey, Pacific Grove, Pebble Beach, Marina or Seaside, California. Search by city or by price. <span style="color: red"><a href="http://www.mollymcgee.net/search/results.aspx?ID=3581&searchID=1976756" target="_self">Search for Short Sales and REOs!</a></span><span style="color: red"> </a></span></a>Want to learn more about REOs & Short Sale properties? Check out the links to the left for more information.<br /> </span></span> </span></div> <div><span style="font-family: Verdana"><span style="font-size: 10pt">There's a wealth of information here: Monterey Bay Hotels, Motels, Lodges & B&Bs, a list of Local Events in the Monterey Area, Community Links, Local School Information, Things to Do & See in the Monterey area, Monterey Area Market Stats, Rental information and much more. </span> <div> </div> <div style="font-family: Verdana; font-size: 10pt">Most home buyers claim they're picky. And why shouldn't they be? The real estate they buy will be home. It needs to provide more than just a roof over their head. It needs to satisfy emotional needs that aren't easily quantifiable. The home is a reflection of the self, which makes the quest for the right place to buy complicated.<br /> <br /> Since the home-buying experience is intermeshed with the psyche of the person in pursuit, there's a psychological component to consider. For example, let's say you have been searching for the right home for years. You haven't seen too many properties that fit the bill, and have only made an offer or two during that timeframe. The property you really loved turned out to be entirely too expensive. You lost out in a multiple-offer competition on a property that was listed too low. <br /> <br /> You've come close to making an offer several times, but have backed away after reconsidering. Each property had defects in terms of your ideal wish list. You weren't willing to compromise.<br /> <br /> HOUSE HUNTING TIP: Buyers who find they've been looking for the right house for more than six months should pause to consider whether their expectations are in line with reality. For instance, if you want a bay view and a level lot, you may find that you'll wait forever. Bay views tend to be available only in homes that are built on hills. Home buying involves making compromises if you're serious about buying.<br /> <br /> In order to decide how you will compromise, you need to research the local housing stock to discover what is realistically possible. In other words, you need to do your homework. The perfect house won't just magically appear. To save time, use my site to whittle down the list of homes for sale until you find the ones that suit your needs. Then make a point of visiting these in person, call me and I'll arrange an appointment.<br /> <br /> Buyers with pressing needs usually have less of a problem finding the right home to buy. For example, if you live in an area with a school district you don't like and you have children who are about to enter school, you need to move if you can't afford private-school tuition. You have an urgent reason to move that preempts the desire for a perfect house. You'll settle for the right number of bedrooms and baths, a yard and a good school district. You may be willing to give up on the Old World charm or character that you were hoping to find. <br /> <br /> You may be getting out and seeing the listings that might work for you and still aren't having success. In this case, you could be suffering from approach-avoidance. This syndrome can keep you from making a decision, even when you see the right house to buy. You come close to making an offer but never carry through. <br /> <br /> Buying a home can be frightening, particularly if you are doing it on your own. It's a big commitment, perhaps to a lifestyle that you're not used to. It's helpful to consult with advisors when you find that you're getting nowhere. Talk to a trusted financial advisor to see if you're looking in the right price range. If you're over your head financially, scale back to a level that feels comfortable.<br /> <br /> It can be useful to reconsider your wish list in terms of what you've learned about your local market and what to expect. By realigning your expectations and readjusting to a comfortable price range, you may feel more comfortable moving ahead.</div> </span></div> <div><span style="font-family: Verdana"><span style="font-size: 10pt"><span style="font-size: 10pt"> </span></span></span></div> <div><span style="font-family: Verdana"><span style="font-size: 10pt">Allow me to help you with your real estate needs!</span> <div> </div> <div> </div> </span></div></p><p><font size="3"><span style="font-size: 10pt"><span style="font-family: Verdana; font-size: 10pt"><span class="article_title"><span class="article_title"><span class="article_title"><span style="color: #003366"><span style="font-family: Verdana"><span class="article_title"> <p class="date_page"><span><span></p> <div class="date_page"><span>The Associated Press • June 15, 2009 <br /> </span></div> <div class="date_page"><span><span style="color: #000000">SACRAMENTO, Calif. (AP) — California is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect Monday.</span></span></div> <div class="date_page"><br /> <span><span style="color: #000000">The law is expected to make lenders try harder to keep borrowers in their homes. Loan companies must prove they tried to modify the delinquent loans before they can begin foreclosing.</span></span></span></span></div> <p class="date_page"><span><span><span></span></span></span></p> <p class="date_page"><span><span><span><span style="color: #000000">But supporters acknowledge the California Foreclosure Prevention Act won't stop thousands of foreclosures from eventually happening. There have been more than 365,000 foreclosures in California since early 2007, with many more already scheduled.</span></span></span></span></p> <p class="date_page"><span><span><span></span></span></span></p> <p class="date_page"><span><span><span><span style="color: #000000">The bill passed in February is similar to the Obama administration's Making Home Affordable Program that began in March.</span></span></span></span></p> <p class="date_page"><span><span><span></span></span></span></p> <p class="date_page"><span><span><span><span style="color: #000000">Both encourages lenders to cut interest rates or rewrite loans to affordable levels.</span></span></span></span><br /> <br /> <strong>Housing Analysts Predict the Bottom Is Near</strong></span> </span></span></span></p> <div class="date_page"><br /> <span style="font-family: Verdana">Daily Real Estate News  <strong>|  </strong>April 28, 2009</span> </span></div> <div class="date_page"><br /> <span style="font-family: Verdana"><font size="2">The bottom of the housing decline is near, predicted analysts and home builders attending the National Association of Home Builders’ semiannual Construction Forecast Conference last week.</font><br /> <br /> <font size="2">Mark Zandi, chief economist of Moody’s Economy.com, facetiously picked a date when home prices would stop falling: Dec. 15, 2009. Other observers weren’t so precise, but they did generally agree that the federal government’s efforts to shore up the market would take effect by the end of 2009 or early in 2010.</font><br /> <br /> <font size="2">Analysts also predicted that consumers will spend less on remodeling. Eric Belsky, executive director at Harvard University’s Joint Center for Housing Studies, predicted that spending on remodeling would fall 12.3 percent by the end of this year compared to last.</font><br /> <br /> <font size="2">Analysts project that the credit crisis will loosen, although people with blemished credit records may continue to have trouble getting mortgage loans.</font><br /> <br /> <em><font size="2">Source: The Wall Street Journal, June Fletcher (04/24/2009)</font> <div> </div> </em><br /> </span></div> <div class="date_page"><span style="font-family: Verdana"><strong style="color: #003366">11% Drop in Defaults</strong></span></div> <div class="date_page"> </div> <div class="date_page"><span style="font-family: Verdana">BY LESLIE GRIFFY • lgriffy@thecalifornian.com • April 22, 2009 </span></div> <div class="date_page"><span style="font-family: Verdana"> </span></div> <div class="date_page"><span style="font-family: Verdana">While the number of Californians defaulting on their home mortgages jumped throughout the state in the first quarter of 2009, fewer Monterey County homeowners received default notices than between January and March of the previous year.<br /> </span></div> <div class="date_page"><span style="font-family: Verdana">Notice of default is the first step in the foreclosure process, although it doesn’t mean foreclosure is inevitable.</span></div> <p class="date_page"></p> <p class="date_page"><span style="font-family: Verdana">According to real estate tracking firm MDA DataQuick, statewide bank notices of default jumped 80 percent in the first quarter of this year compared to the last quarter of 2008. Over first quarter 2008, the statewide number climbed 19 percent.</span></p> <p class="date_page"></p> <div class="date_page"><span style="font-family: Verdana">DataQuick records show that 1,305 Monterey County homes and condos received notices between January and March of this year, down from 1,468 in 2008, about an 11 percent drop.<br /> </span></span></span></span></span><br /> <span style="font-family: Verdana; font-size: 10pt"><span style="font-family: Verdana"><font style="color: #003366; font-size: 10pt" size="3"><strong>FHA Making A Comeback</strong></font><br /> Have a less than desirable credit score? Only 3 1/2% down? FHA might be the choice for you. Whereas FHA loans were previously a small percentage of California mortgage loans, they are becoming more common because of: (1) increased loan limits, and (2) the reduction in the average sale price of California homes. In some areas of California, FHA loans are now a majority of the loans being made. </span></span></span></span></span></div> <div><span style="font-family: Verdana"> </span></div> </font></p>