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California Association of REALTORS Market Minute

Market Minute for March 28th, 2022

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.

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Building Permits in the Desert

Building Permits in the Desert

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?

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Summer is Hot in the Desert

Summer is HOT in the Desert

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.)

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GET YOUR FREE CMA!!

GET YOUR FREE CMA!!

GET YOUR FREE CMA!! You see this headline all over Palm Springs local real estate websites, social media, and emails. FREE CMA!! So what IS “CMA”?

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California Association of REALTORS Market Minute

California Association of REALTORS Market Minute for March 21st

n 40 years. The move, along with the narrative, prompted interest rates to climb, with the average 30-year fixed rate mortgage surging above 4% for the first time since May 2019. Higher rates and the ongoing geopolitical conflicts will no doubt create challenges for the economy and the housing market for the rest of the year. Despite recent rate increases, the latest housing report suggests that the market is still strong, and the momentum could continue in 2022. With new and existing housing supply expected to improve in the near term, California will likely experience a solid homebuying season in the upcoming months.

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VIDEO AND AUDIO SURVEILLANCE LEGAL ISSUES

Video and Audio Surveillance Legal Issues

ce Legal Issues. Smart phones and wireless cameras make it easy for homeowners to keep eye on their property. But when that home is listed, real estate professionals needs to know the legal considerations when surveillance devices are present on a property.

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Moving Time is Near!!

Moving Time is Near!!

Moving time is near!! WHOO HOO!! You’re going to pack up all your things and move into your new Palm Springs home!! Grab some boxes and newspaper and start packing!! However, there are a few things you will want to make sure is done before you start the big move.

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