Category Archives: Palm Springs Condos

Palm Springs Country Clubs Are World Famous

Palm Springs Country Clubs offer the very finest in community living. With a wide range of real estate surrounding championship golf courses, its easy to see why so many people have chosen to buy homes in one of the many country club communities located in this luxurious desert community.

 

Which of Palm Springs Country Clubs is Right for You?

 

Palm Springs has one of the most appealing year-round climates which makes it an ideal place for country club communities to thrive. Golf enthusiasts will love the area, as 365 days of sun makes it easy to get out and play on any number of the area’s award-winning and celebrated courses. Each of the communities offers breathtaking scenery with majestic mountain vistas, beautiful lakes and ponds, gorgeous landscaping and mature tree-lined fairways and streets.

All of the Palm Springs country clubs feature a wide array of amenities. At any one of the communities you can expect to find one or more 18 hole championship golf courses designed by the best architects in the business; tennis courts lighted for night play; resort style swimming pools and hot tubs; top of the line salons and spas with full slate of services; amazing clubhouses with event facilities; casual and fine dining options with world famous chefs; a full social calendar with seasonal activities; clubs and organizations for all types of interests; hiking and biking clubs; and continuing education opportunities and seminars.

Many of the clubs offer exclusive membership opportunities to their residents. You’ll also find both gated and non-gated communities, most with 24 hour security and on site maintenance. Condos and single family homes are both available, depending on the community. You’ll also find homes in a wide range of architectural styles (many designed by world-famous designers and architects) with diverse floor plans. You’ll find everything from one-bedroom condos to palatial estates at virtually every price point.

Here’s a look at the Palm Springs Country Clubs that are available in and around the area:

  • Andalusia Country Club
  • Bighorn Golf Club
  • Citrus Country Club
  • Desert Falls Country Club
  • Desert Horizons Country Club
  • Heritage Palms
  • Hideaway
  • Indian Ridge Country Club
  • Indian Springs Golf and Country Club
  • Indian Wells Country Club
  • Ironwood Country Club
  • The Lakes Country Club
  • La Quinta Country Club
  • Mission Hills Country Club
  • Morningside Country Club
  • Mountain View Country Club
  • Palm Valley Country Club
  • The Palms Golf Club
  • The Club at PGA
  • The Quarry Golf Club
  • Rancho La Quinta Country Club
  • The Reserve
  • The Springs
  • Sun City Palm Desert
  • Shadow Hills
  • Tamarisk Country Club
  • Toscana Country Club
  • Thunderbird Country Club
  • Trilogy Country Club
  • Tradition Country Club
  • The Vintage Country Club

 

Palm Springs Activities

Not only do the Palm Springs country clubs provide a wealth of dining, shopping and entertainment options, residents will also find many wonderful options in the city of Palm Springs. The city is host to several world class museums such as the Palm Springs Art Museum. There are also many places to enjoy the outdoors and the splendid views such as the Palm Springs Aerial Tram. Palm Springs also hosts Village Fest every Thursday night when downtown is transformed into a bustling center of activity featuring artists, performers and vendors of all kinds.

To learn more about Palm Springs Country Clubs ,CLICK HERE to contact Claudine.



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Palm Springs, Market Report for the Week of August 27, 2012

The median list price in PALM SPRINGS, CA 92262 this week is $319,900.

Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

Supply and Demand

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Price

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Click Here to download the full Palm Springs, CA, market report!

For more information regarding luxury homes in Palm Springs, CA, contact Claudine Messika.



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Snowbirds season ending in Palm Springs..

End of the season for Realtors in Palm Springs

Not only the heat that started quite early this year but the snowbirds flocking out of the area kind , and as a Realtor …I have this kind of relief feel, the tour guide season is over for us REaltors too.

We do love the snowbirds and the full activity and buzz that they bring with them to our area. But as a seasoned Realtor, I know that we have to get in gear for the SERIOUS BUYERS…the people that mean business …the ones that are ready to fly in to look at properties and that are ready to write an  offer.

The numbers we can show for the last 5 to 6 years confirm that our best numbers are reached during the summer…too hot to golf …so they stick with us…and we get the business taken care off.

So yes we are ready for you guys and despite the heat we will get into our cars and take the time to show you around…

I am of those Realtors that stay in for the whole summer and will not complain. Just love Palm Springs in all weather and season



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Palm Desert Country Club Condos

We're sorry, but we couldn't find MLS # I12022233 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Buyers'market turning into a sellers'market in Palm Springs Real Estate?

Palm Springs Real Estate market is changing and for the better

In my previous blog I was showing the numbers for our inventory in Palm Springs and the Desert Cities by price range and also showing the number of bank owned properties for each category SOLD and ACTIVE.

During the last week and in the lower “entry level” price range , meaning up 300K. I found myself in a bidding position each time. Reminds me of the good years ..
I am not saying that we are recovered and certainly not considering that the banks are just as difficult in giving out money. But I did find myself in this situation in many years bidding on properties which are regular equity sales and not even bank owned.

I am full of hope and happy for all my clients who bought during the last year they will see prices go up.

Still some good ones out there..



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Investing in Palm Springs? While sitting on the fence here some interesting reading

Mistakes housing investors make
With traditional investments delivering low returns, some are considering buying rental housing.  However, potential investors should do their homework and avoid the following common mistakes.

Here are the SIX mistakes housing investors make. The traditional rent, investors would like to see is 1% of the sales price (an annual gross return of 12%), but after expenses it is more like 5% to 6% . Nothing wrong with that and certainly more than some other investment options.

  • Mistake number 1 : confusing a cheap deal for a good deal.

It is true that you can buy some properties in certain areas  at a ridiculously low price (generally in overbuilt deserted areas)  – it does not mean that you can rent them out. In deserted subdivisions homes not attractive to buyers can also be not attractive to renters. But Palm Springs as a resort area offers properties (condos or free standing homes) generally in  gated communities well kept and attractive.

  • Mistake number 2 : overlooking key costs such as repairs and closing costs – as well as resale costs when time comes. But in Palm Springs , many of the homes are second homes and generally sold turnkey furnished ready to go.
  • Mistake number 3: Forgetting that “time is money” – calculate the potential time of occupancy. But in Palm Springs, most of the “investment properties” rent only for the season (December thru end of April) at a price which is 2 to 3 times the price of a long term rental for the same size property. This would be equivalent to the return that long term annual rental would bring. And there are never enough of those rentals available
  • Mistake number 4: assuming that you will sit back and collect money : tenants also lose their jobs and it is hard to get them out of the property. But in Palm Springs, seasonal renters pay you in advance for the whole length of their stay and you never have to deal with late payments or no payments.
  • Mistake number 5 : underestimate repairs costs : advice : set aside 6 months of rent to cover repairs. In Palm Springs too this would have to be taken into account though your typical tenants are couples with no children, retirees coming to enjoy their winter here, eating out most of the time. Also you can always offer your cleaning team to maintain the home every two weaks and make it part of the conditions.
  • Mistake number 6 : assuming that owning a rental is the same as owning a home: tenants are more demanding than owners and you might want to contract a management company  But with seasonal rentals- a good concierge and cleaning company – your own advertising on www.VRBO’s.com  is another option for management company.

NEW


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Selling Real Estate under 115 degres heat in Palm Springs

Mid August, the hotest time of the year and buyers are buying real estate in Palm Springs

 

I can’t believe that our best selling month for this year is going to be August. We have been showing properties to clients everyday single day since the beginning of August and coming up we have appointments set up everyday, sometimes two buyers per day.

 

Most Realtors  flee the area during the summer months

 

Alvin and myself always make it a point of staying in Palm Springs because by experience we have seen that the strongest months for serious buyers are the summer months.

 

Need to educate those buyers to avoid frustration and disapointment

 

Again because of the media, potential buyers from out of the area, get the wrong impression and have to reconsider their budget after seeing what the market really has to offer.

Prices came down 30% to 40% since the 2005 years and that is where to look for deals.

Our market has not been flooded and is not flooded with huge inventory of new built (over built) homes. Prices in fact have stabilized and went up month over month for the last quarter.

 

We are here for the rest of the summer (this is until the end of September). Give us a call



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Not blogging but not out of the loop!

What’s doing in Real Estate in Palm Springs? Who is selling what?

10 days , 10 days I did not write anything..not that I was on vacation or something like that. Just that I was busy out showing properties, taking care of inspections for ongoing deals. You name it…I was doing it.

Selling condos sight unseen in country clubs

So we are mid-May and still potential buyers flying in. One of them, bought a property sight unseen. Got to sell it because it was just such a good deal and I wanted to have one of MY clients take advantage of it.

Palm Valley Country Club in Palm Desert

In Palm Valley Country Club in Palm Desert, 2 bedroom /2bath, bank owned, in good shape (now after the inspection I can say that with assurance), a killer view and an unbelievable price!

A realtor working for my clients

When I see a deal (I cannot buy everything myself) I just contact a few potential buyers who I know will be in town less than 2 weeks away and I sell …I sell until I get it undercontract. And up to now , I never had a buyer step out of such a transaction.

I guess I inderstand what my potential buyers are looking for whether it is in a country club or just a single family home, and I look and look and when it is there I make sure we write that offer.