Real Estate Market Updates

Sales Zoom at 14 Popular Desert Communities

These gated golf and non-golf communities recorded the largest sales gains during the first quarter of 2010 versus the same period of '09: Santa Rosa Cove, La Quinta: Up 600% Woodhaven Country Club, Palm Desert: Up 600% Tradition Golf Cl...

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Desert Real Estate Update – March 2010

The real estate world was very different in the Coachella Valley just five years ago. Prospective buyers streamed through crowded model homes while the builder's agents poked pins onto maps to reflect growing sales - some homes posting $10,000 ...

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Monster Sales Gains At PGA West, La Quinta In 2010!

It should be no surprise that the largest golf community in the desert scored the largest total sales numbers. Real estate sales within PGA West totaled $102 million in 2010, with 96 homes and 65 condos sold. Our forecast is that 2011 will ...

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Investors Returning To The Market

Savvy investors are often the first to jump at a potentially profitable housing market and a new national survey indicates things are heating up. More than 12 percent of home buyers today plan to purchase a home or condo as an investment, compa...

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Not A Typical December Market

Last month I wrote “traditionally we see a short pause in real estate activity from the middle of November until the second week in January. The holidays in November and December usually prompt desert-dwellers from other places to temporarily...

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Sales of Previously Owned Homes Up Again

On December 12th I reported here that we were experiencing an exceptionally busy December. The usual lull between Thanksgiving in November and the second week of January has not occurred. Today the news media reported record November re-sale...

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Seasonal Opportunities

Indian Wells Country Club Traditionally we see a short pause in real estate activity from the middle of November until the second week in January. The holidays in November and December usually prompt desert-dwellers from other places to temp...

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Palm Springs Real Estate Update

In the Palm Springs area these past six months we've seen a slight but significant increase in sales. More importantly we have seen the inventory of available properties shrink from a bloated 26 months supply to just five months of inventory. ...

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Shrinking Palm Springs Real Estate Inventory

As summer morphs into fall we can assuredly report that there has not been a slowdown of buyers or sales in the Palm Springs real estate market. The latest numbers show less than six months of residential real estate inventory in the valley - t...

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