Carmel, Pebble Beach and our surrounding markets are directly connected and dependent on the health of the overall Northern California Marketplace. Approximately 65% of all buyers in our area come from Northern California so we keep a good eye on our markets to the north. In fact, over the years the northern markets have been a leading indicator of things to come on the Monterey Peninsula. To this end I have included for your review the latest remarks from Rick Turley, President of Coldwell Banker , Northern California.

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