The real estate market in the Desert is seeing some changes. Earlier this year and last year, listings were only on the market for hours, with multiple offers and, many times, no contingencies or inspections. Wild times and you’re lucky if the seller accepted your offer.
to wait until September 13th to determine if the proposed changes to short-term rentals throughout Riverside County will go into effect.
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.
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. 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 – 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.
From permits to purchases, being able to identify your property lines accurately makes it much easier to complete a project or move forward with a transaction.
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 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?
ncreasing interest rates and the value of your purchase will continue to increase the longer you own your home. Win – Win.