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.
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Although the macroeconomic headwinds continue to rise, California’s economy and housing market have yet to slow their upward trajectory.
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.
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.
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.
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.
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 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.)
ips for Buying Your Vacation Home in the Palm Springs Area. If you have ever visited the Coachella Valley during the winter months, you’ll want to come back year after year.
Keep up to date with the latest market trends and opportunities in La Quinta, Caliifornia