Palm Springs Real Estate price trends have been a bit of a surprise so far this quarter. Since inventories have grown by over 50% in the last six months, you would think that prices would be under some downward pressure. However, that is not the case. Prices over the last six months have, in fact, increased over 11% since last August, although they … [Read more...]
Palm Springs Real Estate Market Trends – Through January, 2013
In my last analysis of Palm Springs real estate market trends on October 18, 2012, we showed inventories of Palm Springs homes for sale at a low not seen since at least 2000. Since we were just entering our snowbird season, I predicted a rise in active listings. Historically over the last ten years, an increase in active property listings in … [Read more...]
The Future of Retro Palm Springs
In case you missed it, this month’s issue of Food and Wine (October 2012) ran a four page tribute to our “famously retro California resort town”. The title was intriguing – The Future of Retro Palm Springs. The author points out that while we are known for the Rat Pack and Hollywood celebrity era and our Mid-Century architecture, some of our young … [Read more...]
Palm Springs Real Estate Market Trends, October 18, 2012
Recently I did a study for a client who asked the simple question, “Are Palm Springs real estate prices rising, falling, or steady?” My answer to the question was determined by evaluating all Palm Springs properties for sale and sold in on our Desert Area MLS for the last twelve months. I included both single family homes and condos. An analysis … [Read more...]
Palm Springs Hosts the AOPA Aviation Summit
This Wednesday, October 10, Palm Springs hosts the AOPA Aviation Summit* with their kick off of an exciting Parade of Planes, a signature event of their summits. Dozens of planes will taxi under their own power from the Palm Springs International Airport through the streets of the city over a two mile route to the Palm Springs Convention Center. … [Read more...]
Palm Springs will host Canada Fest
Palm Springs will host Canada Fest 2012, the first event of its kind in Palm Springs, to celebrate our special relationship with our Canadian neighbors. The other desert cities will join with us in welcoming Canadians and Californians at Canada Fest 2012, to be held on December 8-9, 2012 at the Palm Springs Convention Center. Canada Fest will be … [Read more...]
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