Author Archive
The ‘Move Up’ Market Segment
Another sign of an improving market we've noticed is that prices seem to be stabilizing for homes and luxury condos priced from $500,000 to $999,999. In our breakdown by city below, note that three out of four of these desert cities showed a pr...Palm Springs Real Estate Update: Desert Luxury Properties
The luxury market above $1 million and super luxury market over $2 million continues to attract premium bargain hunters. Year-to-date 156 homes have sold for over $1 million in the valley. The top sales price was $11 million at Bighorn Golf Clu...Foreign Sales Of Palm Springs Real Estate Surges
Buyers from outside the U.S. accounted for a growing percentage of Palm Springs area sales as these buyers took advantage of the combination of lower prices and the low U.S. dollar. Canadian buyers became the most frequent non-U.S. buyer of U.S...