The best buys currently in the Desert due to oversupply are as follows:

Toscana in Indian Wells

Rancho La Quinta - La Quinta

PGA West - La Quinta

The Citrus - La Quinta

The Hideaway - La Quinta especially in lot availability

The Most Solid Developments still are:

Bighorn Golf Club - Palm Desert

Mirada - Rancho Mirage

Mountainview Country Club - La Quinta

The Tradition - La Quinta

Please call me or email with any questions and for a list of the best opportunities available in these developments.

Live out your imagination, not your history.
~ Stephen Covey

If you don't like something, change it. If you can't change it, change your attitude. Don't complain.
~ Maya Angelou

Happiness is not having what you want, but wanting what you have.
~ Rabbi H. Schachtel

There is no scarcity of opportunity to make a living at what you love; there's only a scarcity of resolve to make it happen.
~ Wayne Dyer

Got no check books, got no banks. Still I'd like to express my thanks - I got the sun in the mornin' and the moon at night.
~ Irving Berlin

Let us be grateful to people who make us happy; they are the charming gardeners who make our souls blossom.
~ Marcel Proust

We have not really budged a step from home until we take up residence in someone else's point of view.
~ John Erskine

Once a human being has arrived on this earth, communication is the largest single factor determining what kinds of relationships he makes with others and what happens to him in the world about him.
~ Virginia Satir

A lot of people like snow. I find it to be an unnecessary freezing of water.
~ Carl Reiner

The Coachella Valley's housing market continues in an equilibrium phase, moving in favor of buyers. But the region is far from a bargain-hunter's paradise, with only 10 percent of local households able to afford the median-priced home based on working income, according to the California Association of Realtors.

Home sales in the Coachella Valley hit a four-year low in February, while in the same month the median price of a home hit an all-time high.

The median sales price reached $418,500 - up 21 percent from a year ago, according to newly released figures from DataQuick Information Systems.

High-end homes dominated the ranks of those sold locally in February. Continuing a trend of the past several months, the 312 homes sold in the over-$400,000 range outnumbered the combined totals of four other lower-priced categories.

Resale single-family homes, resale condos, and new construction homes all saw year-over-year drops in total sales, with resale condos down 42.3 percent. Still, all three categories saw rises in median price, led by new construction homes, up by 20.3 percent to $446,500.

Lou Hirsch -The Desert Sun -6.23

You've no doubt heard the saying "A wise man learns from his own mistakes, and a really wise man learns from the mistakes of others". Here is a rather painfull real life lesson that a local seller just learned. Their home was put on the market at $1,300,000 about 30 days ago (I changed the price slightly to protect their privacy). They had several people look at the home the first week it went on the market, and received an offer immediately for $1,250,000. Of coures, the seller thought that since they had so many buyers look at it, that they would no doubt get multiple offers, and more than the asking price. So they decided to wait and not respond to the offer.After waiting two more weeks, no other offers materialized. Worse yet, the original buyer, no doubt offended at the lack of response from the seller, had moved on. Now the home has been on the market for more than 30 days, and they had to reduce their price to $1,200,000 or $50,000 below the offer they had on the table. Often you hear the old adage "the first offer is always the best offer". That is often true, and it was certainly true in this case. I can think of 50,000 reasons why they should have taken the first offer.

Don Johnson, the star of Miami Vice and Nash Bridges, is apparently in default on his 10.6 million dollar loan on his aspen estate. A lot of things happen when you don't make your payments, and most of them are bad...