2150 McManus
Great Mid Century in Central Palm Springs now Just $529,900. Large lot on a quiet street. They don't make them like this anymore.
Virtual Tour:
Sunday, September 23, 2007
Thursday, September 13, 2007
Growing, Growing.....A Whole New World
I recently ran across some interesting statistics. It seems the whole country is on the move. The number crunchers that track this sort of stuff have come up with some amazing statistics that will, once played out, change the face of our nation for a long time to come.
First we hear from the Brookings Institute that the baby boomers - and one is turning 60 every 7.5 seconds - are moving OUT of the North the East and the Mid-West. Growth is taking place in staggering numbers in the West and the South.
Bringing it down to a local level we find that almost half of California's population will live in Los Angeles, Riverside, San Diego, San Bernardino and Orange Counties.
Looking at actual numbers - not projections - Since 2000 La Quinta has grown by 68% and Desert Hot Springs by 38%. The county of Riverside grew by 1/3 rd.
So as we drive around and say "they sure are building a lot of stuff around here" now we know the reason why!
Perhaps there never has been a better time to buy Real Estate?
Wednesday, September 12, 2007
Short Sale or Foreclosure?
A serious subject for serious times:
With all the talk of troubled loans and troubled lenders do you know the lingo in this market place? Should you be looking at homes that are in foreclosure or where the seller is trying to do a short sale? What could this mean to your bottom line? If you are the buyer it means something much different than if you are the seller.
Buyers: Beware the foreclosure or the short sale. Ask your agent if they have the experience in these complicated transactions to help you understand the process. If you are on a time table or need to move in by a certain date this is the worst possible scenario you could put yourself in. There are no time frames that can be guarunteed. There are some specific siuations where these situations might work for you but extreme caution is needed. Don't forget this is a BUYERS market. You hold the upperhand and with your fianncing in place you are good as gold. You can negotiate from a position of strength.Breat Article on Short sales: Short Sales
Sellers: Finding yourself in a foreclosure situation or an upside down equity position is very stressful Be sure you are getting all the information. A qualified real estate agent can show you the steps you can take to make the most out of these situations. There are legal and tax consequences to almost every action you take in these situations be sure you have the right information. Sometimes lisitng your home is the worse thing you can do! Don't be scared - be smart. Call me so we can go over your options before you are left without any.
With all the talk of troubled loans and troubled lenders do you know the lingo in this market place? Should you be looking at homes that are in foreclosure or where the seller is trying to do a short sale? What could this mean to your bottom line? If you are the buyer it means something much different than if you are the seller.
Buyers: Beware the foreclosure or the short sale. Ask your agent if they have the experience in these complicated transactions to help you understand the process. If you are on a time table or need to move in by a certain date this is the worst possible scenario you could put yourself in. There are no time frames that can be guarunteed. There are some specific siuations where these situations might work for you but extreme caution is needed. Don't forget this is a BUYERS market. You hold the upperhand and with your fianncing in place you are good as gold. You can negotiate from a position of strength.Breat Article on Short sales: Short Sales
Sellers: Finding yourself in a foreclosure situation or an upside down equity position is very stressful Be sure you are getting all the information. A qualified real estate agent can show you the steps you can take to make the most out of these situations. There are legal and tax consequences to almost every action you take in these situations be sure you have the right information. Sometimes lisitng your home is the worse thing you can do! Don't be scared - be smart. Call me so we can go over your options before you are left without any.
Tuesday, September 11, 2007
Living the Dream
It's so easy in the daily grind to forget that I am living the dream many people have. Eternal sunshine, a relaxed resort lifestyle great friends and wonderful opportunities to experience the awesome beauty of nature everyday.
Palm Springs is an exciting place and I hope I can share some of that excitement with you in this my very first blog. I love photos so there will be many of those and lots of updates on what is going on in the valley. We have a great diverse community here with something for everyone.
On of my favorite things is our very own local bookstore Peppertree book store. Click on the link under my photo. So forget those souless chains support your local bookstore! You'll be glad you did.
Palm Springs is an exciting place and I hope I can share some of that excitement with you in this my very first blog. I love photos so there will be many of those and lots of updates on what is going on in the valley. We have a great diverse community here with something for everyone.
On of my favorite things is our very own local bookstore Peppertree book store. Click on the link under my photo. So forget those souless chains support your local bookstore! You'll be glad you did.
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