New Carmel Valley community spreads just 73 homes across a whopping 891 acres

Large-scale residential development isn’t exactly easy to pull off on the Monterey Peninsula these days. That makes the arrival of ONE Carmel particularly notable. Spread across 891 acres in Carmel Valley, California, the newly launched private residential community will contain just 73 homesites and residences, leaving considerably more land around each home than the typical luxury...

$32M Carmel Valley estate crowns a 10-acre hilltop in Clint Eastwood’s private Tehama community

There are plenty of compelling reasons to live in the hills above California’s Monterey Peninsula. At 38 Tehama, the view from the top might be the biggest one. The $32 million estate occupies more than 10 acres atop what the listing describes as Tehama’s highest and most distinctive crest, opening the property to sweeping views toward both the Pacific Ocean and Santa Lucia Mountains. Its...

On acoustics: why expensive homes often sound cheap

You walk into a house that does everything right. Twenty-foot ceilings, a wall of glass facing the water, honed stone underfoot, a kitchen island cut from a single slab. The listing photos undersold it. Then the agent starts talking, and her voice comes back off the glass a half second later, thin and hard, and for a moment the room sounds less like a home and more like the lobby of a mid-tier...

U.S. Mortgage Rates Climb Again in September

Iran War, Inflation Concerns Keep Pressure on Homebuyers Mortgage rates moved higher again this week, adding another layer of uncertainty for Americans considering a home purchase as financial markets continue to wrestle with persistent inflation, rising energy prices and the prospect of tighter Federal Reserve policy. The national average rate for a 30-year fixed mortgage reached 6.91%, up from Friday,...

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