In the Winter 2013 issue of Unique Homes, writer Camilla McLaughlin lists the top 12 markets to watch this year, and happily, Carmel, California makes that list.
With Silicon Valley and San Francisco both showing signs of a rebounding market, the higher end homes on the Peninsula are slowly beginning to see a similar effect, driven in part by a spike in interest from out of state and foreign buyers.
Two other California cities made the list, Newport Beach and San Francisco.
In fact, according to McLaughlin, some experts consider the Bay Area market to be the best in the country, with all indicators -- price, sales, number of jumbo loans and new construction -- on the rise.
And that's a trend we definitely want to see continue!
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