Real Estate Market Updates
New Home Construction At Stonefield Estates
Three new luxury homes are currently under construction at Stonefield Estates at Santa Rosa in Southwest Indio. Each of these La Quinta adjacent homes are being customized to the tastes of the soon to be new owners, who have reserved these ...
Not Exactly The Right Price
People that know me know that I complete a lot of real estate transactions. Not bragging here, just the way it is. So I’m kind of like a doctor at a cocktail party. People usually have questions about real estate and I do my best to respond t...
Palm Springs Real Estate: Looking Back 3-Years Ago This Month
Flash Back To May 2012: Bank Owned Home Inventory Down In May of last year I posted an article here about how our local inventory of Palm Springs area bank owned homes was slowly disappearing from the desert. One year later foreclosure ...
Palm Springs Area Real Estate Update For March 2013
At the risk of repeating myself again this month, single-family home prices in the Palm Springs real estate market are continuing to rise while the available inventory of homes and condos continues to decrease. Five of six valley cities recorde...
Ground Broken At Stonefield Estates For Next Phase Of New Homes
Stonefield Estates At Santa Rosa is a gated community of just 41 luxury homes (10 completed and sold to date) on impressive home sites averaging one half acre. Semi-custom homes at Stonefield Estates range in size from 3,515 to over 4,800 s...
On The Other Side Of The Fiscal Cliff
Palm Springs Area Buyers Coming Forward In Increasing Numbers A number of recent buyers shared with me last month that they were in stand-by mode until our fiscal cliff and tax situations were somewhat resolved here in the U.S.. Now thes...
Palm Springs Area Heading Towards A Sellers Market?
Forbes Magazine reports that a sellers market is developing as housing inventory hits a 13-Year low. Here in the desert that's already happened in several price segments as the market continues to improve in all price segments. For us th...
Sales of New Homes Strong Nationally & Locally
Sales of new homes rose 4.4 percent in the U.S. in November from October to the fastest sales pace in more than 2-1/2 years. New home sales have also increased 15.3 percent over the past twelve months. And here in the Palm Springs area n...