What are the best neighborhoods in Palm Springs? This is a question a client asked me recently as we were just starting his home search. Of course, there are many variables such as preference for single family home or condo, priorities such as proximity to downtown , great views, fee land or lease land, and so on. I created this list of "Best … [Read more...]
Palm Springs – Modernism’s Giant Showcase
Palm Springs is no stranger to the pages of the New York Times. Once again our star shines in its pages. The article is entitled Palm Springs Modernism's Giant Showcase, suggesting that the city itself is the showcase for the show and for the entire Palm Springs Modernism Week. The event began 14 years ago to celebrate Modernism and is running … [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...]
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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