Market Minute for April 18th, 2022
Although the macroeconomic headwinds continue to rise, California’s economy and housing market have yet to slow their upward trajectory.
Sellers
Did You Look Under Your Stove Vent Recently?
Did You Look Under Your Stove Vent Recently? Whether you have just moved into your home in the Palm Springs or La Quinta area, lived in your Desert home a while, or are thinking about cleaning your home to list, there are many ugly places you may not even think about cleaning.
Coachella Valley’s Second-Home Market
With the increase of interest rates and loan fees, the second home market seems to be slowing. The good news is that housing analysts predict the demand for second/vacation homes will remain above pre-pandemic levels and are still 13% above what they were before 2020.
Coachella Valley Water District Makes Adjustments
Coachella Valley Water District Makes Adjustments. Here is an update from my earlier post - the CVWD made some adjustments to their Conservation Measures Tuesday, April 12th, 2022. https://youtu.be/TJqfMe8wWRs According to NBC Palm Spr...
Fair Housing in Coachella Valley
April is Fair Housing Month and as a member of the California Association of REATLORS, we are committed to protecting and expanding the opportunity for all communities to sustainably own, use and transfer real property.
Market Minute for March 28th, 2022
While the data measuring current and recent economic conditions continue to hold up well in the face of rising headwinds, more forward-looking measures show a rising level of concern about the future. Home sales, employment, unemployment claims, and market competitiveness remain robust, but rates have risen substantially, and mortgage applications have dipped below 2019 levels for the first time since the onset of the pandemic.
Building Permits in the Desert
lding permit when constructing a new home, but did you know you need to get a building permit if you are going to do any renovation, even if you do the work yourself?
Summer is HOT in the Desert
Summer is HOT in the Desert and you’ll really understand HOT when you go out to golfing in the Summer. (How can you NOT golf while you’re in the Desert even when temperatures are close to 115.)
GET YOUR FREE CMA!!
GET YOUR FREE CMA!! You see this headline all over Palm Springs local real estate websites, social media, and emails. FREE CMA!! So what IS “CMA”?
California Association of REALTORS Market Minute for March 21st
n 40 years. The move, along with the narrative, prompted interest rates to climb, with the average 30-year fixed rate mortgage surging above 4% for the first time since May 2019. Higher rates and the ongoing geopolitical conflicts will no doubt create challenges for the economy and the housing market for the rest of the year. Despite recent rate increases, the latest housing report suggests that the market is still strong, and the momentum could continue in 2022. With new and existing housing supply expected to improve in the near term, California will likely experience a solid homebuying season in the upcoming months.