About Me
- The Desert Real Estate Blog
- De gustibus non est disputandum - There's no excuse for good taste. Living Well Begins At Home. As the broker of choice for countless celebrity clients and Fortune 500 CEOs, I take pride in a level of service, experience, and discretion that is without peer in the communities of La Quinta, Rancho Mirage, Indian Wells and Palm Desert. Searching for a residence of uncommon distinction and grace? Share your wishes with me and reap the benefits of an insiders’ knowledge of the upscale desert communities. And if you are planning to place your home on the market, no one is more skilled at providing exposure and finding qualified buyers across the nation and the world. I specialize in luxury homes and fine golf properties within the Coachella Valley.
Wednesday, March 10, 2010
La Quinta Events in March
5:53 AM | 
Posted by
The Desert Real Estate Blog
The La Quinta Art Festival starts this week.
28th La Quinta Arts FestivalThu Mar 11th, 10am - Sun Mar 14th, 5pmLa Quinta Civic Center Campus
Art Under the UmbrellasSat Mar 27th, 10am - 4pmOld Town La Quinta
Art Under the UmbrellasSat Apr 10th, 10am - 4pmOld Town La Quinta
Tennis Tournament Starts this week.
March 19–21, 20102010 BNP Paribas Open Trilevel Championships
To visit any homes go to http://www.luxurydeserthomes.com/ or call me at 760-574-7676
28th La Quinta Arts FestivalThu Mar 11th, 10am - Sun Mar 14th, 5pmLa Quinta Civic Center Campus
Art Under the UmbrellasSat Mar 27th, 10am - 4pmOld Town La Quinta
Art Under the UmbrellasSat Apr 10th, 10am - 4pmOld Town La Quinta
Tennis Tournament Starts this week.
March 19–21, 20102010 BNP Paribas Open Trilevel Championships
To visit any homes go to http://www.luxurydeserthomes.com/ or call me at 760-574-7676
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Monday, March 08, 2010
Not all the real estate news for 2010 is doom and gloom.
Not all the real estate news for 2010 is doom and gloom. Sure, the foreclosures are predicted to continue and even increase in 2010, and stabilizing home values will depend on the area in which you live. These three trends to expect in 2010 should help balance out the increasing foreclosures and home values:
3. 99% of short sales do not go through to closing. The other 9% are those where the lender has ALREADY approved the short-sale amount. I only work with this type of short sale as all the parties concerned at least know where they stand in a relatively short period of time rather than wondering how long before an answer is received and how much the market could change upwards to downwards. La Quinta, Palm Desert,Rancho Mirage and Indian Wells offer many approved short-sales and these can be found on http://www.luxurydeserthomes.com/ .
We currently have an approved short sale that was originally listed for $2.595 million in the Tradition available for $1.5 million!
2. More Buyers in 2010 - Expectations are for more home purchases in 2010. With the Home Buyer tax credit (originally slated to end in November of 2009) extended until April 30, 2010, the next few months should find an increase in home purchases. Additionally, the tax credit now applies to some existing homeowners, and also to some higher income owners. The market will not only see new buyers purchasing a home, but some current home owners buying up as well. And, since the Fed has kept interest rates at the current all-time low, mortgage rates are another reason for well qualified buyers to jump into the market now!
1. Continued Buyer’s Market – With the large inventory of homes on the market today, the buyer is securely in the driver’s seat. Sellers must be on their toes and always trying to entice buyers into their "move-in-ready" homes. In this type of market, many owners will offer a price reduction on properties that have been on the for-sale list over 30 days. Well qualified buyers can negotiate with these owners for a lower price, can request contingencies, request credit clauses for worn out carpets and the like, ask the seller to share closing costs, and ask for a home warranty. Actually, that is just the beginning of the list of perks a buyer can request in this market!
3. 99% of short sales do not go through to closing. The other 9% are those where the lender has ALREADY approved the short-sale amount. I only work with this type of short sale as all the parties concerned at least know where they stand in a relatively short period of time rather than wondering how long before an answer is received and how much the market could change upwards to downwards. La Quinta, Palm Desert,Rancho Mirage and Indian Wells offer many approved short-sales and these can be found on http://www.luxurydeserthomes.com/ .
We currently have an approved short sale that was originally listed for $2.595 million in the Tradition available for $1.5 million!
2. More Buyers in 2010 - Expectations are for more home purchases in 2010. With the Home Buyer tax credit (originally slated to end in November of 2009) extended until April 30, 2010, the next few months should find an increase in home purchases. Additionally, the tax credit now applies to some existing homeowners, and also to some higher income owners. The market will not only see new buyers purchasing a home, but some current home owners buying up as well. And, since the Fed has kept interest rates at the current all-time low, mortgage rates are another reason for well qualified buyers to jump into the market now!
1. Continued Buyer’s Market – With the large inventory of homes on the market today, the buyer is securely in the driver’s seat. Sellers must be on their toes and always trying to entice buyers into their "move-in-ready" homes. In this type of market, many owners will offer a price reduction on properties that have been on the for-sale list over 30 days. Well qualified buyers can negotiate with these owners for a lower price, can request contingencies, request credit clauses for worn out carpets and the like, ask the seller to share closing costs, and ask for a home warranty. Actually, that is just the beginning of the list of perks a buyer can request in this market!
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