Excitement is building for the 20th annual Palm Springs International Film Festival which will run this year from January 6-19, 2009. We recently received in the mail our "Festival Lover" ticket order form. The Festival last year offered more than 230 films from over 65 countries, and according to their official press release, Palm Springs … [Read more...]
A Palm Springs Landmark Reborn
After a major renovation, the famed Riviera Resort and Spa has reopened to wow locals and visitors alike, so we decided to go explore it for ourselves. Originally opened in 1959 in the style of Las Vegas hotels such as the Sands, Flamingo, and Stardust, the Riviera was frequented by a host of the rich and famous. Now the Riviera Resort and Spa is … [Read more...]
For Real Estate Investors – A Measure of Value?
I read an article recently in the New York Times entitled “Home Prices Seem far From Bottom”; one part of the article struck me as particularly interesting. It described a way of determining the relative value of a home by calculating the property’s “price-to-rent ratio”. This ratio is determined by taking the asking price of a home and dividing it … [Read more...]
Cheeta, Palm Springs Icon
Local resident Cheeta, of the classic MGM Tarzan films made during the 1930's and 1940's in which he starred as the sidekick of Johnny Weissmuller, is being featured this week in Entertainment Weekly. The article heralds a new unofficial "autobiography" coming out in February 2009 called "Me Cheeta". See their video of Cheeta Reading his … [Read more...]
For Qualified Investors Only
All right, you have heard this here before. I don’t want to sound like a broken record, but THIS IS A GREAT TIME TO BUY REAL ESTATE. So if you are tired of hearing this message and think it’s just a self-serving diatribe, just stop reading now. The banking and financial crisis that we are presently experiencing has brought about what might very … [Read more...]
Palm Springs Style Lures Vacationers – An Afterthought
As a followup to yesterday's article on Palm Springs Style, if you are thinking about buying a home in Palm Springs, it's good to know that the rental market here is strong. Renting your home seasonally is a one good way of offsetting your fixed costs. A possible downside is that rentals here are quite popular, and you might find it a challenge at … [Read more...]
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