Real Estate Market Updates

100% Sales Growth Y-T-D In 2012!

100% Sales Growth Y-T-D In 2012!

Let’s get right to the point. Real estate sales here in the desert continue to increase and things just seem to be getting busier by the month. Our local escrow company reported last week that new purchase contracts that were opened in Fe...

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Just 70 Bank Owned Homes Listed!

Just 70 Bank Owned Homes Listed!

People ask me everyday about our local real estate inventory. And I tell them that our local desert inventory continues to shrink. That said, real estate is local and varies from community to community and certainly by price segment. Her...

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Toscana Country Club

Million Dollar Bank Owned Properties

Inventory of bank owned homes listed at $1 million and higher in the Palm Springs area real estate market continues to tighten up. As of today there are only five properties owned by banks that are listed in this luxury price segment. ...

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Driving through the Hideaway Golf Club in La Quinta

Traditional Sales Zoom, Distressed Sales Slow

51% of our sales so far during 2011 have been traditional non-distressed property sales. Not to long ago our home and condo sales were equally split at 1/3 traditional, 1/3 bank owned and 1/3 short sales. Here’s the sales breakdown so far...

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September Palm Springs Area Home Sales Up 9.4%

September Palm Springs Area Home Sales Up 9.4%

Coachella Valley home sales rose 9.4% in September compared to September 2010, outpacing home sales throughout other parts of Southern California, a new report from Data-Quick Information Systems shows. The valley's strength as a second-...

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