Archive for October, 2011
Canadians Buying a Home in Palm Springs Receive Good News Again
Monday, October 31st, 2011The good news for Canadians buying a home in Palm Springs is that the Canadian dollar is back to, or is greater than, parity with the US Dollar. Last Thursday, October 27th, the Loonie rose above parity with our Greenback to its highest level in more than a month. Trading closed with the Canadian dollar buying $1.0092US. This [...]
Palm Springs Home Prices May Rise
Thursday, October 27th, 2011A recent article in our local Desert Sun newspaper entitled Fewer Coachella Valley Homes for Sale reported that Palm Springs home prices may rise in the not too distant future. To support this, the article stated that the Palm Springs area inventory went down by more than a 1000 homes in the last four months. [...]
Palm Springs Revitalization
Friday, October 21st, 2011Palm Springs revitalization will get a boost if we vote YES on Measure J. The Palm Springs City Council after much debate has finally taken a concrete step toward finding new funding for dynamic downtown growth. I believe the highest priority is to resolve the vexing problem in the revitalization of Palm Springs – the [...]
It’s Thanksgiving Day in Canada, Columbus Day in the United States
Monday, October 10th, 2011On the second Monday in October each year since 1957, our Canadian neighbors have officially celebrated their blessings and the bountiful harvest of the season. This public holiday is called Thanksgiving Day, or Jour de l’Action de grace in Quebec. For most of Canada, Thanksgiving is a statutory holiday, with the exceptions being the Atlantic provinces [...]
Palm Springs VillageFest Extends Its Hours
Monday, October 10th, 2011VillageFest, the weekly street fair in beautiful downtown Palm Springs, just began its fall hours last Thursday. Located along Palm Canyon Drive between Baristo and Amado Roads, this very popular street celebration will now take place from 6 to 10 p.m. every Thursday evening. Palm Springs VillageFest, organized more than 20 years ago, is an [...]
Record Low Mortgage Rates Available for Palm Springs Home Buyers to US and Canadian Citizens
Thursday, October 6th, 2011Freddie Mac announced today that for the first time in history the mortgage rate on a 30 year fixed mortgage loan has fallen below 4%. 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 shorter term US mortgages are [...]