Category Archives: Palm Springs Realtor

Palm Springs Real Estate Market Update

Novemberstats

 

Numbers/Results for November 2012
The inventory, at the beginning of December, for the cities we cover, is 2788 which is a 13% drop year over year. This includes 96 REO’s (bank owned ) and 107 Short Sales: representing 7% of the inventory for distressed properties compared to 13% year over year. (so the number of distressed properties has dropped significantly). This is bringing a raise in prices of about 5% year over year. The homes have sold on average of 95% TO 104% of the asking price. We are far from the times where we presented offers at 10 to 15% under the asking price!!!

 


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Canada Fest in Palm Springs December 8-9, 2012

In recent years, if you have noticed a discernible increase in the number of our Canadian neighbors vacationing and living in and around the Palm Springs area, you’re not alone. In fact, it’s hard not to notice, as the population of the desert cities and surrounding valley more than doubles during the winter. Over the years, a special relationship has developed between the desert cities and the influx of Canadians that has helped inject a new vitality into Palm Springs area winters.

As a result, Palm Springs will host Canada Fest 2012 on December 8th and 9th at the Palm Springs Convention Center. Canada Fest 2012 will be the first of its kind in the area, and its intent is to join Canadians and Californians in expressing their mutual appreciation for renewing the desert area as a vibrant and world-class winter vacation destination.

There will be more people, events, and activities to meet, see, and do than you can imagine, with the below being only a partial list of whom you can expect to meet and what you can expect to see or do:

  • Political Dignitaries – what’s a celebration of two countries and cultures without local and national political dignitaries making appearances? Canadian Ambassador to the United States Gary Doer, California Senator Barbara Boxer, local House Representative Mary Bono Mack, and the mayors of Vancouver (Gregor Robertson) and Montreal (Gerald Tremblay) are among the political dignitaries expected to appear at Canada Fest 2012.
  • Non-political Dignitaries – Miss Universe Canada and Miss Greater Palm Springs are both expected to appear and greet visitors. Also possible will be photo ops with two police offers on horseback, one representing the Royal Canadian Mounted Police and one the Palm Springs Police Department.
  • Booths – There will be booths representing more than 200 different vendors promoting and displaying clothes, real estate, food, drinks, seminars, and a host of other products and specialty items.
  • Prize drawings – Attendees will be given a “passport” that they can have stamped at one of the vendors in attendance. Once an attendee collects a minimum of 25 stamps, he or she will become eligible for any number of prizes from numerous drawings. Prizes will include cruises, trips, furs, jewelry, and more.
  • Food and Beverages – Attendees can relax with a brew or two at the Canadian Beer Garden. For coffee lovers, Tim Horton coffee will be served and prominently displayed throughout the event. There will be plenty of food, as well.
  • Fashion – Several runway fashion shows will be put on by top Canadian and U.S. designers, such Joseph Ribkoff, Dicker & Dicker of Beverly Hills, and more.
  • Special events
    • Children won’t be forgotten, as there will be special booths with yummy food and face painting, among other children’s favorites.
    • Autograph signings from celebrities and sports heroes.
    • Seminars on a variety of subjects presented by a throng of respected and well-known speakers and experts.
  • Music – Classic songs from American rock band Player, who will be playing a variety of their classic hits from the 1970s and 1980s.
  • Real Estate information – For anyone wishing to move to or merely vacation in Palm Springs, there will be plenty of information from the best, most trusted real estate figure in the area, Claudine Messika.

For more information on Palm Springs Real Estate and Homes, click here to speak with Claudine.



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2012 Palm Springs Veterans Day Parade

Every year on November 11, the United States commemorates those brave men and women who have served and are still serving in our country’s military with what is officially known as Veteran’s Day (note: the difference between Veteran’s Day and Memorial Day, celebrated in May, is that Memorial Day is for remembering those who died while serving and Veteran’s Day acknowledges all service members, dead or alive).

November 11 is a popular holiday around the world, as well, as it is known elsewhere as Armistice Day or Remembrance Day, marking the anniversary of the signing of the Armistice that ended the First World War. (World War I was formally ended at the 11th hour of the 11th day of the 11th month in 1918 when the Germans signed the Armistice).

The holiday has seen several incarnations, names, and even dates, but the first recognition was under President Woodrow Wilson on November 11, 1919, and it only acknowledged those veterans of World War I. In 1938, Congress made it an official federal holiday and called it Armistice Day.

In 1945, World War II veteran hatched the idea that November 11 should recognize veterans of all wars, not just those of World War I. In that form, recognizing all veterans, dead or alive, of all wars, Congress formalized the holiday on May 26, 1954. Less than a week later, Congress amended the holiday to its current name of Veterans Day.

From 1971 until 1978, Veterans Day was recognized on the fourth Monday of November, but was then moved back to its original, and still current, date of November 11.

Being a federal holiday, most schools and many businesses are closed in observance of the holiday. When the holiday falls on a Sunday, as it does in 2012, there will be many festivities and parades on that Sunday, but the holiday will be on Monday, November 12. Federal workers will be given that Monday as a paid day off, no mail will be delivered, and most non-essential federal government offices will be closed. Free meals will be offered to veterans at many restaurants and fast food chains.

And, of course, a great many cities and towns across the country commemorate the day with a parade and other gala events.

Palm Springs Veterans Day Parade

Since 1988, the City of Palm Springs has proudly presented the Palm Springs Veterans Day Parade. As has been the case for years, Palm Springs is a Regional Site for the Observance of Veterans Day, as designated by the Department of Veteran Affairs.

Assisting in this year’s Veterans Day Parade is Roadshows, Inc., as they have been doing since 2008. The parade will consist of all branches of the United States Military. There will be more than 80 entries and 2,000 participants in the parade, and a crowd in excess of 40,000 is expected to turn out and honor the veterans.

Military bands, veterans organizations, color guards, and area high school marching bands will take part in the parade, which will begin at 3:30 pm in downtown Palm Springs. There will be pre-parade static exhibits as well as a post-parade concert featuring the 1st Marine Division Band from nearby Camp Pendleton. Following the concert will be a fireworks finale downtown at the intersection of Palm Canyon Drive and Amado Road.

 



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McCormick’s Classic & Exotic Car Show and Auction (November 16-18)

If you’re into classic and/or exotic cars – or even if you’re into cars of all kinds – then you’re bound to know about McCormick’s Classic & Exotic Car Show and Auction held twice a year in Palm Springs, California.

And if you don’t know, you should. You’ve been missing out.

Hundreds of beautiful, gleaming autos are on display – sports cars, classics, antiques, and even special interest vehicles. And over the course of each 3-day event, scores will be sold through the Auction block.

The next event, Auction 53, will be at the Palm Springs Spa Hotel & Casino from November 16th to 18th, 2012. There will be parties and auctions all day and into the night. You’ll find classic Ferraris, Rolls Royces, and Cadillacs, among others, as well as muscle cars like Mustangs and Pontiac GTOs.

Brief History

In the early 1980s, British entrepreneur Keith McCormick realized a long-held dream and moved his family to Palm Springs from his native United Kingdom. From there, he relentlessly devoted his time to his family and his cars, hosting his initial Palm Springs exotic car auction in 1985. Because of his tireless dedication, the Palm Springs Exotic Car auctions have become world-famous events and a steadfast local tradition held twice a year – in November and February.

Auction 53 Information

The following is basic auction information:

  • Friday admission is free
  • Saturday & Sunday are $15.00 each or $25.00 for both days
  • Vehicle entry fees:
    • Friday Lot Nbrs: $300
    • Saturday Lot Nbrs: $300 or $400 for Prime Time (11:30a – 2:30p)
    • Sunday Lot Nbrs: $300 or $400 for Prime Time (11:30a – 2:30p)
  • Regular Bidder Fee $30
  • VIP Bidder Fee $100
    • VIP Bidder card is valid for two (2) consecutive events. It includes photo ID card/lanyard, admission tickets for two people, free food Friday for two people, and VIP red carpet seating up front.

November 2012 Schedule of Events

  • Thursday, November 17th
    • 8:00-6:00: Vehicle check-in, especially for Friday cars
  • Friday, November 16th (free admission)
    • 2:00 – 3:00: check-in and free champagne happy hour
    • 3:00 sharp: 120 cars crossing the block (until 8:30pm)
  • Saturday, November 17th
    • 8:00: Gates open
    • 10:00: First car crosses the block (225 cars will run – until 7pm)
  • Sunday, November 18th
    • 8:00: Gates open
    • 9:00-10:00: Free Bloody Marys and Mimosas for all bidders and cosignors
    • 10:00: First car crosses the block (175 cars will run – until 5pm)

Featured Auction Cars

  • 2011 Audi R8 MT6 Spyder
  • 1976 Lincoln Mark V
  • 1953 Jaguar XK120 Roadster
  • 1966 Volkswagen 21-Window Microbus
  • 1970 Ford Mustang Boss 302
  • 1949 Chevrolet 5-Window Pickup
  • 1952 Studebaker Starlight
  • 1972 Plymouth Cuda
  • 2010 Shelby Cobra Replica
  • 1962 Austin Healy 3000
  • 1953 Chrysler Town & Country Station Wagon
  • 1981 Delorean Time Machine
  • 1963 Porsche 356B Coupe
  • 1969 Mercedes Benz 280 SE

If you don’t see a car above that you favor, don’t worry – there are plenty of other cars up for auction, including a 1965 Ford Mustang, a 1975 and a 1979 Chevrolet Corvette, a 1982 Rolls-Royce Silver Spirit, a 1956 Ford Thunderbird, a 1978 custom Firetruck, a 1998 Ferrair 355 Spyder, a 1953 MG TD Roadster, and more. Surely, there’s a car (maybe two) for you, if not to buy, then at least to see and enjoy.

 



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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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Casual Concours Palm Springs IV

  • Location: 28-555 Landau Boulevard Cathedral City, CA 92234, Desert Princess Country Club
  • When: Oct. 19-21
  • Hours: 10 am – 3 pm
  • Tickets: $5

 

Those who are into cars will surely love the Casual Concours in Palm Springs, a classic car show on its 4th edition. It will take place between October 19 – 21, from Friday to Sunday. Individuals who are interested in participating in this unique event must register by mail or online. Additionally, tickets can be purchased at the door on the day of the event.

The main highlight of the event is the special charity car show brought by the Great Autos of Yesteryear. There will also be various other interactive and exciting events along the way that will make this weekend an unforgettable one. The past 3 editions have been interactive and tremendous and this year will be no exception. The actual show will be organized on October 20, Saturday, at the lovely Desert Princess Country Club. This new location is spectacular. Donations from this unique show will go to the animal shelter “Friends of the Palm Springs”. Thus, the organizers are expecting numerous animal lovers to the show to display their support for abandoned cats and dogs.

The Casual Concours will also have a host hotel, Doral Desert Princess Resort. This hotel is situated right next to Desert Princess Country Club. The resort fee is $10 and a room is $99 / night. That weekend will be full of events, so it might be a great idea to reserve a room in advance.

Those who want to participate in the amazing car show will have the chance to win a Ford Thunderbird dating from 1973. This will be used on the day of the event by the Great Autos of Yesteryear. This is a once in a lifetime opportunity, so you might want to take part in the race. The events start on October 19th, Friday, with the Welcome Reception. The reception will be held at the Animal Shelter, at 4575 E Mesquite Avenue. Participants will serve hors d’oeuvres and drinks and will have the chance to see the shelter. This special event will welcome Great Autos members only. Even though there is no entrance fee, the guests are encouraged to make donations.

On October 20th, Saturday, there will be the famous Casual Concours Car Show. It will kick off at 10 am and will last until 3 pm. The event will take place in Cathedral City, at 28 – 555 Landau Boulevard. Registered participants are invited to come at 7.30 am to arrange their cars. Until 9.30, all cars have to be placed. The vehicles have to be preregistered and the registration is $25. Spectators must pay $10 to see the show. After the car show, at 5.30 pm, there will be a cocktail reception and the award ceremony at Leon’s Restaurant. The last event will be on October 21st, on Sunday when the Farewell Breakfast will be organized at 9 am. Overall, the Casual Concours Car Show is an engaging event for everyone in Palm Springs. If you’re fond of cars and you want to admire the most gorgeous types, you are definitely invited to attend.

For more information on Palm Springs Real Estate and Homes CLICK HERE to speak with Claudine.



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Palm Springs, CA 92264 Market Report for the Week of October 8, 2012

The median list price in PALM SPRINGS, CA 92264 this week is $699,000.

Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

Supply and Demand

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer’s market to a Seller’s market.

Price

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

CLICK HERE to download the full Palm Springs, CA 92264 market report!

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



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Now why are you doing that?

SANYO DIGITAL CAMERA
This what I want , you see that sky? I was already shutting down my A.C. for the year…and what again way over the 90’s today??? Please Please don’t do this. I am ready for clouds and even a little rain, you see I do compromise…I am sure you hear me..and thank you



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