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Sheri’s Palm Springs Area Blog

Whether it be real estate updates, restaurant reviews, events, or highlights of unique homes in Palm Springs, follow Sheri as she covers all that Palm Springs and the surrounding area has to offer.

Yes, Things Are A Bit Different Here Today

Yes, Things Are A Bit Different Here Today

If you’re a regular visitor to our site you’ve likely noticed our spiffy new website redesign. After six months of planning, designing and testing, our web team ‘pulled the switch’ yesterday. Fine-tuning several hundred web pages of content including over 3,000 photos and thousands of links followed over the next two days.

Possible IE6 Web Browser Issues

If you are using an older Windows web browser such as Internet Explorer 6 we highly recommend you upgrade to Internet Explorer 8 or 9 for a better user experience. The new site works equally well on mobile applications including smart phones and of course iPads.

Kudos to my husband Bill (Director of Sales And Marketing) who headed up this big project with the help of our web and design team members headed by Luke. If you experience any issues while using the new website please email Bill with the details.

Our goal is to provide you with a great online user experience, helpful real estate information and of course, excellent client service.

Just 70 Bank Owned Homes Listed!

Just 70 Bank Owned Homes Listed!

Bank owned home at Griffin Ranch, La Quinta

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.

Here’s an interesting fact. As of this moment in time there are only 70 bank owned homes listed in our market at $200,000 or higher! The luxury market is even tighter as you’ll see only 14 homes listed at $500,000 and up.

Here’s the list of bank owned homes for sale (live MLS feed subject to change). A direct link to bank owned home listings is also available direclty on my website in the right side links under “Featured Communities And Listings".

PS: The above photo shows one of my top REO picks for this month.

Data source: MLS listings for the cities of La Quinta, Rancho Mirage, Indian Wells, Palm Desert, Palm Springs and Indio priced at $200,000 and higher.

Water Sports On Your Own Private Desert Lake

Water Sports On Your Own Private Desert Lake

Shadow Lakes Estates is one of the deserts best kept secrets. Property owners at Shadow Lakes can take advantage of their own 45-acre active water sports lake with two slalom water ski runs, boating, sailing and fishing.

Real estate opportunities at Shadow Lake Estates include gorgeous custom estate homes and custom lots both on and off the lake. This private community is just 10 minutes from PGA West in La Quinta and 20 minutes to the El Paseo shopping district in Palm Desert.

Links to luxury properties available at Shadow Lakes Estates:

40963 Lake View Drive / 4,946 Sq. Ft. Offered at $3.895M

83073 N Shore Drive / 3,774 Sq. Ft. Offered at $2.195M

83078 S Bay Drive / 5,425 Sq. Ft. Offered at $3.2M

Large lakefront custom lots are also available from the low $400’s.

Listings courtesy of Windermere

Million Dollar Bank Owned Properties

Million Dollar Bank Owned Properties

Toscana Country Club, Indian Wells

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.

  • 75583 Via Cortona, Indian Wells at Toscana Country Club / $1,799,900
  • 75256 Desert Park Drive, Indian Wells $1,195,000
  • 40700 Paxton Drive, Rancho Mirage at Thunderbird Terrace
  • 73956 Desert Garden Trial, Palm Desert at The Reserve
  • 533 Mesquite, Palm Desert at Bighorn Golf Club

During the last six months just six bank owned million dollar homes sold in the desert.

Million Dollar Short Sales

Million Dollar Short Sales

Hideaway Golf Club, La Quinta

Like bank owned homes, the inventory of available million dollar short sale properties seems to be tightening up as well. As of today there were just six short sales listed at $1 million or more. And yes there certainly are some opportunities for the right buyer.

Please let me know if you would like information or would like to view any of these luxury properties.

Our Buyer & Seller Clients Win Another Award!

Over 400 agents are affiliated with Keller Williams Realty here in the desert, and yesterday was the annual Keller Williams awards extravaganza. For the second consecutive year, my associate and I were presented with the award for being the number one small team in the desert. We transacted more business than any other small team (3 agent team members or less) by a factor of two to one.

We Accept This Award On Behalf Of Our Clients

While awards are cool,  I feel that this award is really all about our clients. As two of the busiest agents in the desert, we visit more properties in more communities and work at negotiating more transactions for our clients than the vast majority of agents. We feel that our being busy can result in a smoother and more profitable real estate transaction for our clients.

So the real winners of our #1 award are our clients. Congratulations and thank you!

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