Real Estate
« Previous Entries Next Entries »Tracking Price Trends
Friday, October 23rd, 2009Are homes going to get much cheaper? In a recent article at CNN Money.com entitled Homes about to get much cheaper, the author stated: If you thought home prices were bottoming out, you may be wrong. They’re expected to head a lot lower. The author goes on to say that the national median price is [...]
From Palm Springs to Vegas
Monday, October 19th, 2009We low desert dwellers occasionally find a reason to go up to Las Vegas. This time we were going to attend a wedding at Graceland Chapel. For our drive, we chose a different route; rather than jumping into Friday afternoon traffic toward LA, then going north past Victorville, we went by way of Yucca Valley, [...]
Time to Invest
Monday, September 14th, 2009We’re having a feeding frenzy! If you haven’t been following the real estate market lately, you might have just missed a market bottom go by, here in Palm Springs. If you are a potential investor, don’t wait! I get the impression that if we haven’t hit bottom for properties at the low end of this [...]
Canyons, Palms, and Water
Friday, August 7th, 2009Last week some of our family from the East Coast came for their annual summer visit. They find our desert home with closeup mountain views and our pool, spa, palms, and other flora all rather exotic. Sunny days, along with our mister cooling system, invite them out to swim and read all day. They’re amazed [...]
From Trickle to Torrent
Monday, July 13th, 2009Lender owned properties are dominating our market A year ago, on July 9, 2008, I blogged about investors entering the Palm Springs real estate market. Spurred on by an increasing number of foreclosures, that market trend presented low prices and thus a good opportunity for investors. With our economy in turmoil and foreclosures on the [...]
Discoveries
Wednesday, July 1st, 2009When you buy a house, they can’t tell you everything. Some things you just discover over time. In our case, that extra something was the endless entertainment in watching our hummingbirds. They keep very busy feeding right up until dark. Our dominant bird often stations himself near his preferred food source, a bed of red [...]
Use Tax Credit as Your Mortgage Down Payment
Monday, May 25th, 2009In a blog on February 5, 2009, I expressed some hope that we would soon see new congressional proposals that would offer incentives to everyone interested in buying property and thus provide a means by which sales would increase and excess inventory would be sold off. As it turned out, the final congressional bill, although [...]
Coachella Valley will Have a Second Area Code
Tuesday, April 28th, 2009Palm Springs and the rest of the Coachella Valley will soon be required to use ten digits to make all local calls, even if it’s to your next door neighbor. This change comes as the result of the California Public Utilities Commission having determined that we will be running out of new phone numbers for [...]
Palm Springs is a Destination for Laid-Back Cool
Friday, April 17th, 2009On Sunday, April 12, the NYT Travel Section lauded Palm Springs as a destination for laid-back cool and as a place finding balance between the past and the present. Called 36 Hours in Palm Springs, the full page article by Erica Cerulo goes on to propose some of our restaurants such as Johannes, our hotels [...]
The Palm Springs Dark Tradition Continues in 2009
Tuesday, March 31st, 2009Among other activities, our Palm Springs lifestyle includes the opportunity to see many great films during our annual festivals. One of these – the Film Noir Festival, returns to the Camelot Theatres May 28-31 under a new name – The Arthur Lyons Film Noir Festival. An eclectic mix of Classic Film Noir “B” movies are [...]
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