Palm Springs real estate market trends September 2013 showed that we are beginning to see our seasonal population increase toward a probable peak in January/February. It’s been fairly quiet through September/October with a few early arrivals and our usual tourists. Now in November we will see a much larger influx of snow birds coming to Palm … [Read more...]
Palm Springs Real Estate Market Trends September 2013
Palm Springs real estate market trends September 2013 showed that as fall arrives, we are beginning to see our seasonal population increase toward a probable peak in January/February. It’s been fairly quiet through September/October with a few early arrivals and our usual tourists. Now in November we will see a much larger influx of “snow birds” … [Read more...]
PALM SPRINGS REAL ESTATE MARKET TRENDS March 2013
We are exposed to a lot of general information on real estate market trends - on a macro scale nationally, state by state, and even regionally. For these reports and today I focus specifically on Palm Springs real estate market trends March 2013. If you are interested in another valley city, I would be happy to expand the report. Inventory trends … [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...]
Record Low Mortgage Rates Available for Palm Springs Home Buyers
Freddie Mac announced today that for the first time in history the mortgage rate on a 30 year fixed mortgage loan has fallen below 4%, creating record low mortgage rates available for Palm Springs home buyers. The 30 year mortgage rate was 3.94% today. This benchmark 30 year rate is now available to US Citizens. See NYT Summary Box. Low rates on … [Read more...]
Palm Springs Status Report to Canadians Buying US Real Estate
Today I’m writing an update to my Status Report on October 17, 2010, when I blogged that the Canadian dollar had climbed until it was above parity to the US dollar. I emphasized the reasons then why it made good sense for Canadians to go ahead and invest in Palm Springs real estate. I’m still tracking the values, and the same reasons I gave almost … [Read more...]
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