Sheri’s Blog
Luxury Home Sales Increase
Sales of higher-end homes are up this year in several desert cities. In Indian Wells, 23 homes priced at more than $1 million sold during the April - June second quarter, up from five homes during the same period last year. In La Quinta, 83 hom...Hot Community Update: Legacy Villas, La Quinta
When the price is right buyers respond! 50 Legacy Villas condos and luxury Town Homes have re-sold during the past 12 months including 20 during the last six months. Legacy Villas continues to be a sought after ‘lock n’ leave’ vacation co...Local Inventory Betters National Averages
If you’re like me you do a lot of research before investing in any large purchase. And if you’ve been reading our Blog or subscribing to our email newsletter you likely know that we’ve been reporting on differences in our desert property ...June Real Estate Quick Facts For The Palm Springs Area
The city of Palm Springs led the valley with 192 homes sold in June, followed by Palm Desert with 169 and La Quinta with 148 The valley's median sales price of $207,000 was above the national median sales price, which rose 2.3 percent to $...
Good News For Buyers From $200,000 to $350,000
As many of you know, we keep a close watch on our local market stats. Trends develop which many times help us spot opportunities early. As you may know, the first time homebuyer tax credit expired recently. The federal tax credit had spurre...
Question of The Month – HOA Rental Rules
Enclave Mountain Estates, La Quinta Question) Do most communities allow short or long term rentals in the desert? Answer) Each community HOA has their own rules and regulations including rules regarding renting your property. Some HOA’s...$360 Million in La Quinta Sales Last 6 Months
During the last six months in La Quinta, 594 homes and condos were sold totaling over $360 million. This puts the average La Quinta sale so far this year at $606,322. Of the total, $55 million were bank owned property sales and $38 million w...