Good News in the Desert!
After more than two years of consistent year-over-year declines in the number of active listings available for sale, the inventory shortage has shown consistent signs of improving in recent weeks.
Posts Tagged ‘California Real Estate Market’
Getting Back to Normal in the Desert
Getting Back to Normal in the Desert. Payrolls jumped a stunning 467,000 jobs in January. Wow!!! That is a huge number folks. Employment levels are getting back to pre-pandemic numbers and that means normalizing rates.
Buying a Home Before Interest Rates Go Up
Buying a Home Before Interest Rates Go Up. It’s no secret interest rates have increased, flirted with going down, but then went up more than it went down.
PURCHASING IN AN ASSOCIATION
PURCHASING IN AN ASSOCIATION – IS THERE A DIFFERENCE BUYING A HOME IN AN ASSOCIATION?
If you are thinking about purchasing a home in an Association in the Palm Springs or surrounding areas, there are some things you will want to do BEFORE you sign that offer. You may become the master of the castle, but the Association rules the condo.
Weekly California’s Market Minute
of homes available for sale and a market that isn’t as “red-hot.” And, unlike last year, they may find sellers more motivated to sell.
Staging a home sells faster
Staging a home sells faster and for more money than if it was empty; in fact, a vacant home sells for an average of $11,306 less and stays on the market longer.
However, what is the best way of staging a home to sell – physically staged or virtually staged?
What Are Your Worse Fears for the Rest of 2022 and Beyond?
ncreasing interest rates and the value of your purchase will continue to increase the longer you own your home. Win – Win.
Market Minute for June 20th, 2022
Recent data suggests that inflation is becoming increasingly entrenched in the economy. High inflation is eroding real income and will weigh on consumer spending growth in coming quarters. In an attempt to keep inflation under control, the Federal Reserve has become more hawkish.
The Real Estate Market is Changing
The real estate market is changing … Mortgage Bankers Association reports new mortgage applications have been falling over the last three months.
Look like You’re Home when You’re Away
Look like You’re Home when You’re Away. Whether you live in the Palm Springs/La Quinta area full-time or visit periodically, you will be leaving one of your homes vacant and vulnerable to break-ins. Why? Because it may look empty and an easy target.