Real Estate Market Updates
Loonie Rides Past Parity With US Dollar. Canucks Follow!
The Canadian Dollar rose above par with the US Dollar today as investors cheered an agreement reached by European leaders on a plan to resolve the euro zone’s debt crisis. The strengthened Canadian Dollar represents a five percent savi...
Desert Bank Owned Homes Selling Near Listing Prices
Banks don’t want to own homes that they’ve foreclosed on and so they generally price them to sell. Early on in the mortgage meltdown we saw banks give many properties away at well under market values. Banks have gotten a better handle ...
47 Bank Owned Homes Listed, 14 Remain In 16-Days!
Everyone loves a bargain and a bank owned home usually offers buyers a great opportunity and value. Regular readers of my blog know that banks don’t want to own homes. Banks want to sell foreclosed properties and they want to sell them qu...
Local Real Estate Reporting: Read Between The Lines!
I browsed the local paper today, which took about five minutes. One headline proclaimed “Palm Desert Home Prices Rising.” The story went on to make several broad statements about local real estate that I thought I’d check out. I'll help y...
The Winter of 2011: Great Marketing For Sunny Palm Springs!
Fortune Magazine reported last April that “people selling second homes in sunny locations couldn’t have asked for a better marketing pitch than the winter of 2011.” To date our personal sales numbers reflect that as we sold 49 propert...31 Desert ‘Super Luxury’ Properties Sold Last 6 Months
Sold by Sheri at Bighorn Golf Club, Palm Desert In the Palm Springs Real Estate Market, super luxury properties are those that sell for $2 million and higher. In the last six months 31 properties sold for $2 million or higher in the desert...
New Construction on Luxury Resort at SilverRock in La Quinta
La Quinta Mayor Linda Evans breaks ground with Montage International and Pendry Hotels developers for La Quinta's Silverrock Resort development project, Monday, May 1, 2017. (Photo: Zoe Meyers/The Desert Sun La Quinta crossed a milestone mor...
Palm Springs Area Home Buyers Going Nuts As Sales Increase Again!
Well, maybe our desert homebuyers aren’t actually going nuts but our local sales trends and our sales activity this year seem to be very contrary to what’s going on elsewhere in the country. Why do you think buyers keep coming to the...