Where are interest rates heading and other Real Estate News – Palm Springs CA

Where are interest rates heading?

Where are interest rates heading?   One only has to look to history to find out where are interest rates heading..... It was only 4 years ago that mortgage rates were at 6.5%, compared to today's rates of 3.625%, almost twice as high! This is a great chart to and is a reminder that today's borrowing costs … [Read more...]

Why Buy A Palm Springs Home Now? Why Not? Palm Springs Homes For Sale

buy a Palm Springs home now

Why buy a Palm Springs home now? Why not?  I read a lot.  So when I say the time to buy is now, it's not just me saying it, its blogs like KCM Blog.  We've had many posts on why you should buy a Palm Springs home soon.  The items below will show you why, based on prices, mortgage rates and soaring rents, we think the party may soon be over for those … [Read more...]

October 2012 Palm Springs Market Report – Real Estate Market News

October 2012 Palm Springs Market Report

October 2012 Palm Springs Market Report What is the October 2012 Palm Springs Market Report?  How are conditions for buying and selling as the season here gets under way? You have questions?  We have answers! I'm happy to report the state of the Palm Springs Market Report is excellent!  Why? Well for starters: … [Read more...]

September 2012 Market Report For Palm Springs CA | Prices continue to firm up

September 2012 Market Report

  September 2012 Market Report For Palm Springs CA | Prices continue to firm up   The indicators are up in the housing market in the September 2012 Market Report For Palm Springs CA.   July saw California home prices hit a four-year high with all signs pointing to a revived housing market in The Golden State. Much of the increase was a … [Read more...]

What’s Up And Coming This Week- We Have Three New Palm Springs Listings

Three New Listings In Palm Springs August 2012

What's Up And Coming For Ron and Vic This Week- We Have Three New Palm Springs Listings Coming! We have Three New Palm Springs Listings coming on the market very soon and we want you to be the first to know about them. Here's the scoop.....(more photos to follow when we post the listings.)   1212 Martinique Circle Palm Springs, CA 1212 … [Read more...]

Last Week We Set Out To Find What 250K Will Buy In Palm Springs

What 250K Will Buy

So Let's See What 250K Will Buy In Palm Springs We decided we were going to go "window shopping," not intending to buy but to seriously see what for sale, or better yet On Sale.  So let's see what 250K Will Buy In Palm Springs? Wow were we surprised.  We found our client a beautiful 2038 SqFt home, 3 bedrooms, 2 baths, with a pool and spa, Covered … [Read more...]

Are The Signs Of A Housing Turnaround Really Here? In Palm Springs?

Supply Shortage Intensifies Market Competition

Is the Housing Turnaround Really Here? In some areas, its been a struggle for four years as prices fell and rose in false hope.   If a housing turnaround is really here, is it time to buy now? What is going on around the US and in Palm Springs? Well the signs and indicators are all up again but will it last this time and why?   … [Read more...]

Bidding Wars Catch Palm Springs Home Buyers Off-Guard

Palm Springs Sceneery

Bidding Wars Catch Buyers Off-Guard According to the Wall Street Journal, buyers all around the country are getting caught off guard in bidding wars on certain houses that are a good deal.  And even worse, some buyers think that a less than full price offer is justified if the house isn't really perfect.  Result?  They don't get the home. … [Read more...]

Should I Buy Newer Palm Springs Condo Or One Built In The 70′s or 80′s?

FHA Condo Lending Rules

Why Buy Newer Palm Springs Condo? You're in the market for a Palm Springs condo so the question becomes Should I Buy Newer Palm Springs Condo?  Or maybe one built in the 70's or 80's? Great Question!  So let's answer it. As with any question about architecture and age, it's a matter of taste and preference but there are a few things to consider that may … [Read more...]

Home Buyer Reality Check- Have Some Buyers Lost Touch?

Oasis Resort

Why are SOME buyers expecting to offer a lower than asking price and then expect to have the offer accepted? Is a Home Buyer Reality Check needed?   This is your Home Buyer Reality Check!   Have some buyers lost touch with the market and how to buy a home when prices are already discounted?    In a word- YUP! So let's be realistic. … [Read more...]