Sheri’s Blog
Palm Springs Real Estate Sales Up 33% So Far In ’09
The Palm Springs area real estate market is on the rebound, a new housing analysis indicates. Home sales activity surged 33 percent during the first six months of this year, with 4,615 valley-wide sales - 2,598 were sold in the second quarter. ...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...