Category Archives: Palm Springs Realtor

Winter in Palm Springs, a Wonderland to Canadians

Harsh Winters at Home Can Be Hard to Take

Shoveling snow can make one long for warmer weather, but that’s not likely to happen any time soon when winter begins in Edmonton or Montreal or just about any place in Canada. The only recourse that is real is to relocate. When searching for a sunnier site, many Canadians settle on Palm Springs. This renowned resort region typically has highs in the 70’s all through the winter months.

When Canadians come to check Palm Springs out, they are often astonished to be able to wear short pants and T-shirts while Christmas carols are playing in local stores. It is easier to relax here outdoors than it would be up north where staying outside can be a struggle for survival.

Cold weather can be especially hard on seniors who may feel the chill in their bones. While it is important to stay active as one ages, this can be tough when it’s frigid, and the sidewalks are invisible beneath a blanket of snow.

Flying South for the Winter Now Common for Canadians

It has long been a custom among many Canadians to head south in winter. Their travels often take them to Palm Springs. Realizing that this will be an annual occurrence, a lot of them are now taking the plunge and purchasing a place to reside in. This gives them the security of knowing where they will stay and that it will always be open and available.

Purchasing property in Palm Springs is also an excellent investment. Value here is high, and property appreciates considerably over the years. This is due to the lure the desert has over travelers. The region has long been a magnet for people wishing to relax and enjoy the warmth and hospitality the area has to offer. Palm Springs is also freeway close to Los Angels, a metropolitan region with millions of residents.

The Canadian consulate in Los Angeles reports that they get large numbers of inquiries from Canadians regarding the Palm Springs area. Recent unrest south of the border has made Mexico a less attractive destination and so Palm Springs has become a better option for tourists.

Time is Right for Buying into the Good Life

Favorable exchange rates make this a strategic time for Canadians to buy. The Canadian dollar is currently strong compared to the dollar so prices are lower than one might expect to pay. This can be particularly true when it comes to housing which has suffered from price drops of late. While the market has stabilized and has begun to show signs of an upswing, there are still many bargains to be had.

Some Palm Springs realtors have begun placing ads in Canadian newspapers seeking a share in a growing market. Canadians who move to Palm Springs find that more and more of their countrymen are calling the place home as well. They understand the value that having a place in the sun can bring. It makes no sense to suffer through another winter of discontent.



Bookmark & Share

Newest Housing Data Signals Improvements

The latest round of real estate data shows home-builder confidence is soaring as homes in the United States become more affordable. In California, prices and sales appear to be on the mend.

In a note back in May, Ian Sheperdson, chief U.S. economist for High Frequency Economics, wrote that the improvements in the housing market may be a result of credit loosening. The lack of readily available home loans has been a significant hindrance and one of the stumbling blocks to a rising market, he wrote.

Reacting to the rise in builder confidence, Sheperdson’s note further stated that the key factor is improving access to mortgage finance versus the level of rates, which have been very low for a long time. After a credit event, availability of credit is an important factor to real recovery; housing is on the cusp, he wrote.

Also in May, the National Association of Home Builders reported that its index of confidence in the market for newly constructed single-family homes climbed to a level of 29, the gauge’s highest reading since May 2007.

The West was the only region that saw a decline, down two points to 29. The Midwest and South were up five points each to hit 27 and 28 respectively, and the Northeast was up six points to 32.

In many housing markets, builders are reporting that sales and buyer traffic have picked back up after a pause this past April, Barry Rutenberg, chairman of the builders association, said in a news release.

It appears we have resumed the gradual upward trend in confidence that started at the beginning of this year, as excellent affordability and stabilizing prices encourage more people to pursue a new-home purchase, he stated further in the release.

A separate index produced by the National Association of Realtors indicated that homes in the United States reached a record level of affordability in the first quarter of this year. According to research, the index shows a family that earns the median annual income of just under $61,000 can afford a home costing $325,500.

And finally, home prices and sales appeared to improve in the Golden State as well, according to the California Association of Realtors. The statewide median price rose above $300,000 for the first time, and sales were at their highest level in more than two years, the group said.

A record-high housing affordability coupled with a brighter economic picture, pushed the Spring home buying season off to a strong start, LeFrancis Arnold, president of the association, said in a news release.

With interest rates declining to new record lows in recent weeks as well as a continually improving economy, we should see a steady improvement in the housing market throughout the end of the year, Arnold said further.

The California real estate group also reported that the amount of inventory on the market remained low. About four months and just under a week’s worth of homes were available for sale on the market, according to the association’s inventory index. Around six to seven months is considered a healthy market.



Bookmark & Share

Mesquite Golf and Country Club – Palm Springs

The Mesquite Golf and Country Club was established in 1984 and ever since that period, its architect Bert Stamps has managed to make it stand out as one of the most spectacular golf courses in Palm Springs. When one is golfing at the Mesquite, one can’t help but admire the beautiful and spectacular tropical scenery that hits them. From the majestic San Jacinto and Santa Rosa mountain range to the tree lined fairways and the 5 lakes found on the grounds, Mesquite golf country club has one of the most beautiful golf courses in the US.

Reasons one should join the Mesquite Golf and Country Club

 

There are various reasons why one should join the Mesquite Golf and Country Club some of which include;

  • The Mesquite golf course has a beautiful 6,400 yard field that is both challenging and eye catching. This will sure appeal to all golfers who love beautiful scenery and enjoy a challenging game of golf.
  • The Mesquite golf course features a traditional 18 hole championship layout that was designed by renowned architect Bert Stamps.
  • Mesquite golf course also has 5 lakes that are strategically placed within the field to create a more challenging field for the club’s golfers. A feature that members of the Mesquite golf country club enjoy and love.
  • The Mesquite Golf Course is lined with mature trees that give it a certain picturesque appeal that is both appealing and attractive to all of its members.
  • Mesquite Golf and Country Club also features a fairly large grass practice facility for its members coupled with a driving range.
  • The Mesquite clubhouse has being beautifully crafted in a Spanish style that makes it stand out from other clubhouses. This Spanish clubhouse boasts of a lot of culture and uniqueness that most people find hard to resist.
  • The Mesquite clubhouse is huge with over 15,000 square feet, and has an elevated fully established restaurant that serves some of the best cuisines in the region.
  • While at the Mesquite Golf and Country Club one gets to enjoy the awesome views of the mountains and lush fairways that are characteristic of the unique landscape at the Mesquite Golf and Country Club.
  • The clubhouse also has a banquet area, a cocktail lounge, pro shop, two racquetball courts, and a patio that gives one a chance to enjoy the breathtaking views that are at Mesquite golf country club.
  • The Mesquite Golf Country Club is located just a few miles from Downtown Palm Springs, which is close to some of Palm Springs most famous hotels, airports, and casinos.
  • The Mesquite Golf and Country Club has hosted several local PGA and Golden State Tour events, this has made it gain recognition as one of the best places to golf.
  • Bob Hope has also frequented the Mesquite Golf and Country Club. This has served as proof of how beautiful and good the golf course and clubhouse at the Mesquite Golf Country Club is.



Bookmark & Share

Taquitz Country Club

cropped1

 

Located in Palm Springs, Taquitz country club is like an undiscovered pearl in the heart of the Palm Springs area. The Taquitz country club consists of two scenic 18-hole golf courses that both have spectacular views of Palm Springs and were even rated by Golf Digest as ‘one of the best places to play’.

 

Directions to Taquitz country club

  • If one is at Palm Springs, take the Palm Canyon drive from downtown heading East and take a left turn onto Golf drive, the entrance to Taquitz country mile is located just one mile to its left.
  • If one is on the East Interstate 1-10, they should exit at the Gene Autry exit towards Palm Springs Airport exit and turn right. One then turns left on Ramon road and right on Crossley road. From here, the golf course entrance will be one and a half miles to the right.
  • If one is on highway 111 heading towards Palm Springs, turn right on to golf club drive and the Taquitz Country Club entrance will be one mile to the left.
  • If one is headed west on interstate 1-10, exit at the Ramon road exit to Palm springs and turn left towards the Aqua Caliente Casino onto Ramon road. From here, branch into Palm Springs and turn left after approximately 6 miles. The golf course entrance will be just one and a half miles to the right.

 

Taquitz country club golf courses

 

The Taquitz Country Club has two unique golf courses each with the following characteristics;

 

Legend Course

 

This spectacular course was designed by renowned designer Billy Bell in the late 50’s and it has some of the most beautiful landscapes in the area. The Legend course was renovated not too long ago by Palmer Course Design Company. This course is huge and extensive and stands at a whooping 6815 yards with 60 bunkers. The Legend Course at the Taquitz country club is also a par- 72 course that has the traditional golfing layout that is commonly liked and used by most golfers.

It also features greens that are heavily sloped from front to back making the playing experience on this golf course highly challenging. The Taquitz Country Club at the same time also offers the player picturesque mountain views and fairways lined with trees that create the perfect back drop to the golfers as they play.

 

Resort Course

 

This elaborate golf course was designed by Ted Robinson Jr. who made it using the links style and technique making the resort course into what it is today. The Resort Course found at the Taquitz country club features a par- 72, 6705 yard course that has four sets of tees. This course is the more recent of the two courses at Taquitz country club owing to the fact that it was opened to the public in 1995.

The Resort golf course features a perfect blend of spectacular architectural design and natural desert beauty, which most golfers relish and enjoy. This desert design coupled with the magnificent waterscapes, and spectacular mountain views will leave golf players enjoying the game and wanting more of the breathtaking scenery.



Bookmark & Share
</a

Desert Modernism – Palm Springs

The European Bauhaus construction style is the inspiration behind Southern California and Southwestern U.S. architecture, also known as the Desert Modernism design philosophy. The angular lines, neutral shades, and stone accents are complementary to the arid, sunny weather.

Homes that are designed in Desert Modernism style have expansive glass windows and streamlined, uniform structure.  Many of the homes created in a Desert Modernism construction format include high, dramatic rooflines and a combination of materials; for instance, wood and stone, or steel and plastic are often paired in cabinetry, doors, and window paneling. This regional take on International-style architecture also features landscape additions like large rocks, trees, and cacti, which makes Desert Modernism a customized style of construction. An outdoor living or recreational space is also included in homes that are designed based on Desert Modernism.

Architects that are associated with the Desert Modernism style include Richard Neutra, William F. Cody, John Lautner, E. Stewart Williams and Donald Wexler.

Examples of Desert Modernism architecture are evident all throughout the Southwest region of the U.S. and the Southern portion of California, but elements of this school of design are especially concentrated in Palm Springs, California. Landmark buildings in the area include the Grace Lewis Miller House, which was built in 1937, with Richard Neutra as the architect. Albert Frey is responsible for the construction of Frey House II, which was erected in 1963; Frey was also the architect behind the Loewy House, which was completed in 1946. E. Stewart Williams designed the faed Edris House in Palm Springs in 1954, as well as the Tramway Upper Station in 1963; Williams was also the architect who headed the building project for the Palm Springs Desert Museum, now the Palm Springs Art Museum, in 1976. John Lautner built the Arthur Elrod House in Palm Springs in 1968.

The Alexander Houses, a construction staple in Palm Springs, are especially sophisticated homes built by Alexander Construction Company that further illustrate Desert Modernism. These homes are adorned with tall, slim palm trees, wood paneling in modest shades of brown and gray, angular roofs, and grass cut in geometric shapes.

Although Desert Modernism became popular at the beginning of the 20th Century, many homeowners continue to request home accents and construct additions in this style.



Bookmark & Share

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



Bookmark & Share

Palm Springs Real Estate – where do we stand at the beginning of the season?

Interesting results I wanted to share with you regarding Palm Springs Real Estate

 

Here are the statistics covering ONLY the cities of : Palm Springs Proper, Rancho Mirage, Palm Desert, Indian Wells, Sun City Dell Webb and La Quinta.

The numbers in the chart   are showing the sales for April 2011 compared to October 2011. The table also shows the inventory in April compared to inventory up to date.

The total number of sales are 62% lower. This is “normal” because April would reflect the sales which happened during the month of March which is the height of the season while October shows the sales that happened during September which is still our low season.

What is important is that prices did not drop more than 1%   which shows a stable market at the lower end.

On the other hand , in the high end market, the  median price dropped almost 26%  (but only 4 homes sold)

Inventory :There is  50% less inventory for condos below 200K and 14% less inventory for single family homes below 300K : so the lower end is selling fast

Percentage of distressed properties active : 30% at the lower end below 200K  and only 5% at the higher end of the market

This season has already started strong, this is still a buyers’market – money is cheap out there.

Maybe some of your friends want to buy…let us know JJ

Total Sold April

Total Sold October

Distressed Properties
Sold April

Distressed Properties Sold Oct.

Median Price Sold
April

MedianPrice Sold
October

Total Active April

Total Active
Oct.

Distressed
Properties
ActiveNov.

% Distressed
inventory

Condos up to
200K            
   

108

79

47

39

125,000

114,000

785

393

119

30%

Condos 200K
and up

129

39

8

5

285,000

280,000

576

877

50

5.7%

Single Family
up to 300K

135

125

59

67

185,044

197,500

523

439

151

34%

Single Family
300K to 600K

114

70

19

17

437,931

426,500

777

687

95

14%

Single Family
600K to 2M

77

45

3

13

808,000

806,000

938

772

41

5.3%

Single Family
2M and up

8

4

2

0

  3,200,000   

2,350,000

259

197

5

2.5%

Total

569

362

121

141

 

3858

3365

 

 

 

 



Bookmark & Share

How about a guide for summer living in Palm Springs?

Looking for a list of tips to make through the hot summer in Palm Springs

 

We know that soon very soon we will be able to buy ice cream and take it home before it melts.

Yes indeed we have to shop and live very strategically during the summer in Palm Springs: when do you walk your dog? well unless you want to hold him/her in your arms so that he does not burn his paws, you have to walk your dog before 7AM during the summer months.

When you go shopping you have to create your shopping itinerary and leave the dairy items for just before you get home (they would turn bad) or frozen items.

So I was thinking of creating a guide for tips for the new full time residents in Palm Springs. Tips on how to deal with the heat and get around it for 3 months.
I am looking for your tips if you live here or for your questions (that would help me too).
Let’s start with the first question : how do you deal with your pool staying at over 90 degrees for days and feeling like getting in hot bath tub when all you want is to cool off in your pool?



Bookmark & Share

Canadians Buyers in Palm Springs CA and the Heat

Summer in Palm Springs and Real Estate Facts with Canadian Buyers

That’s it Palm Springs and the Heat of the Summer giving us temperatures of at 110 on a daily basis. Not anything new to us the locals !!! But what is new this year is the that the Buyers for Real Estate , condos properties or even larger homes are not showing up this year compared to the previous couple of years.

Are the Canadians running out of money? Have we seen already the majority of potential Canadians buyers for our area?

The Canadian Looney is still at its high, the prices for homes in Palm Springs are indeed very attractive and affordable. So why am I  not seeing all of you future owners of properties in Palm Springs down here enjoying our great weather?

And what about the US buyers ? Well they are here looking at homes and buying them…

If you have a different angle to bring to the table I will be very interested in hearing it.



Bookmark & Share