June Newsletter
missed it or have not joined my mailing list, click the link below to read the latest market news, real estate market, and what is going on in the Desert. Enjoy!
Posts Tagged ‘Living in Rancho Mirage’
La Quinta & Palm Springs Area Real Estate Market
about a possible government default have had negative effects on both interest rates and consumer sentiment and are directly impacting the housing market. While new home sales continued to improve as tight supply remained an issue in the existing housing market, demand could dip in the short term as rates remain elevated. With consumer spending staying solid and inflation not easing in the latest reading, the housing market could face additional headwinds as the Fed contemplate on having another rate hike in their June meeting.
Figuring Portion-size When Planning Your Party
Figuring Portion-size When Planning Your Party. When planning a party or other fun gathering, figuring out the portions can be a “guess and by-golly,” many times, it’s either too much, or you run out. Either one is not exactly what y...
Good Interest Rates and Homebuying Financing
Good Interest Rates and Homebuying Financing options for buyers who qualify and are interested in using a Jumbo Loan to purchase their home. Rates have jumped quite a bit this week as the 10-year Treasury has now cleared over 3.701% at tim...
May is “National Home Improvement Month.”
May is “National Home Improvement Month.” And what better way to celebrate than to find the Joy Levels in home remodeling projects?
The National REALTOR Association recently sent out a study of the costs of home remodeling projects vs Joy-specific home remodeling projects bring.
What does it mean to be in a “Seller’s Market”?
What does it mean to be in a “Seller’s Market”? Let’s review what the difference is between a Buyers’ Market and Sellers’ Market: Buyers’ Market: There are more houses on the market than Buyers. (Favors the Buyers) Sellers’ Market: There are more Buyers than Houses in the Market. (Favors the Sellers)
Real Estate News in Brief
Real Estate News in Brief – Existing home sales jumped in February, the first increase in 13 months, as buyers took advantage of 30-yr rates that were briefly near 6% in January. An inflation-focused Fed raised rates for the 9th-straight time, but suggested a pause from here is possible.
Palm Springs Top Destination Spot!
Palm Springs Top Destination Spot! Don’t you just love being here in the Desert? Whether you live here all year, some of the time, or just visit, this IS the best place to rest, relax, enjoy fine dining, and of course, play golf and/or tennis all year round. Who doesn’t love the Palm Springs area?
Denver Buyer Scammed out of $200,000
where a retired teacher and her daughter in Colorado who were getting ready to close on their new home were scammed out of $200,000? They were sitting at the closing table only to find out the title company DID NOT receive their funds for closing.
What’s Stopping You from Selling Your Home?
at’s Stopping You from Selling Your Home? In the Palm Springs area, as with many of the United States, current homeowners are not listing their homes for sale for several reasons. Perhaps they fear the unknown market, and potential higher interest rates, or they just love their home and will own it forever. However, if and when someone lists a home, it usually has many showings and multiple offers within hours and days after listing.