760) 861-0625 - http://www.YourDesertHomes.com   24 Hour Market Watch for Palm Springs & Nearby Desert Cities Tuesday, November 20, 2012 New Listings: 52 Back on Market: 23 Went Under Contract: 64 Sold: 37  Extremely busy day for Palm Springs area real estate with over 100 properties going under contract or closing escrow.   The Year in Review for Palm Springs & nearby desert cities: Number of homes for sale January 1, 2012 = 4,835                                   End of March, 2012 = 4,472                                     End of June, 2012 = 3,103                            End of September, 2012 = 2,820   INTERESTED IN HOMES AN CONDOS FOR SALE IN AND NEAR PALM SPRINGS? CLICK HERE TO SEE WHAT'S FOR SALE NOW! 11/20/2012

Do you want to own the most iconic home in PALM SPRINGS? Bob and Dolores Hope's iconic mushroom-shaped home is now on the market for a rumored "45 Million".  According to real estate agent David Mossler, the estate is listed through Partners Trust out of Beverly Hills. The two-story, 22,000 square-foot steel, concrete and glass structure, perched atop the mountains on Southridge Drive, has just hit the market for the first time. The “spaceship” looking house, with its mushroom-shaped roof, was originally designed by John Lautner in 1973 and built in 1979. It is said to have cost the Hopes $2 million to build the home. It has six bedrooms and 10 bathrooms. Incorporating the natural surroundings into the home, a huge bolder juts out of the floor of the living room. There are also 3 golf h... 11/19/2012

The Bob Hope House in Palm Springs True or False......?I've just heard that the 1973 John Lautner designed Bob Hope House in Palm Springs is about to hit the market for a mind-boggling $45 Million! The two-story concrete and glass structure with 6-Bedrooms and 10-Bathrooms is perched atop the mountains on Southridge Drive, Palm Springs. The house is estimated to be over 20,000 sq ft in size. This 3 acre property is on the same street at the famous iconic Elrod House. 11/19/2012

(760) 861-0625 - http://www.YourDesertHomes.com/search     24 Hour Market Watch for Palm Springs and Nearby Desert Cities   Monday, November 19, 2012   New Listings: 27   Back on Market: 8   Went Under Contract: 25   Sold: 13   The Year in Review for Palm Springs & nearby desert cities:   Number of homes for sale January 1, 2012 = 4,835   End of March, 2012 = 4,472   End of June, 2012 = 3,103   End of September, 2012 = 2,820   INTERESTED IN HOMES AN CONDOS FOR SALE IN AND NEAR PALM SPRINGS? CLICK HERE TO SEE WHAT'S FOR SALE NOW! 11/19/2012

(760) 861-0625  http://www.YourDesertHomes.com   24 Hour Market Watch for Palm Springs and Nearby Desert Cities Saturday, November 17, 2012 New Listings: 69 Back on Market: 12 Went Under Contract: 59 Sold: 54   Very high numbers in 3 of the 4 categories, new listings, under contract and number sold. The Palm Springs real estate market is extremely active right now. Interested in seeing what's available for sale in Palm Springs and the other desert cities? Click here to see! 11/17/2012

(760) 861-0625 http://www.YourDesertHomes.com   See Palm Desert Homes and Condos For Sale Here     24 Hour Market Watch for Palm Springs & Nearby Desert Cities Friday, November 16, 2012 New Listings: 71 Back on Market: 15 Went Under Contract: 49 Sold: 32   The new listings figure of 71 is higher than normal and is a good sign. Our local market has had an extremely low inventory of homes for sale so new listings coming on the market increases the choice of desirable homes for buyers. If you are interested in seeing what's available throughout the desert cities click here!     11/16/2012

Penn Properties Palm Springs - Property Pick of the Week - 1075 W Cielo Dr., Palm Springs Listed at $3,000,000 Magnificent Desert Views from this Mid-Century compound set high on the hill overlooking Downtown Palm Springs. This 3-Bed 3-Bath home is set on a 2-acre parcel of land and features a classic kidney-shaped pool.       Pics courtesy of the CLAW MLS - Listed by Louse Hampton - Prudential CA Realty 11/15/2012

Click here to see the newest listings for sale in Palm Springs.   24 Hour Market Watch for Palm Springs & Nearby Desert Cities   Monday, November 12, 2012   New Listings: 13   Back on Market: 5   Went Under Contract: 17   Sold: 6 11/11/2012

What a strange feeling it is to be here in Palm Springs, California yesterday with termperatures in the high 80's, low 90's, (much higher than our norm), and talking to my brother in Conn. where he and his family are holed up.  He's a teacher, but all classes were cancelled and he made a good point to me.  "They keep calling this a once in a lifetime storm..I guess they already forgot that last winter was called the same when we got 14 ft. dumped on us"   Hmmm..we are messing with nature, no doubt there.  I suspect that as with our desert yesterday..it's very hard to "get" what's happening on the other coast when it's so gorgeous here.  I hope FEMA is able to help families that lose their homes and businesses.  We all need to be aware that no matter where we live, it could be us!  We ar... 10/29/2012

Canada Fest 2012 in Palm Springs California has set the dates for the weekend of Dec 8 & 9th.   For only $ 10 admission this festival is sure to be enjoyable for all age groups. Held at the Palm Springs Convention Center there will be shopping, Beer Garden, Giveaways, Entertainment and much more.   With over 350 vendors participating in Canada Fest 2012 there will be a lot to see and do.   Be sure to come say hi to The Desert Dream Team , we will be there at The Today's Realty Group booth.   We will be offering information on real estate here in the Coachella Valley.  For more information on Canada Fest 2012  go to www.bettekingproductions.com Canada Fest 2012 is presented by Bette King Productions 10/25/2012

The Palm Springs Valley is a resort destination.  Our winter temperatures cannot be beat- day time temps are normally near 80 degrees and the evenings cool to about 40 throughout the winter months.  It really is special here. Buyers continue to invest in our local market.  Investors swept through during the trough, particularly in the entry level market when it was $150,000 and below.  Those days appear to be gone.  When a home hits the market priced that low, it doesn't last and generates multiples.  The entry level price has risen, though still below $200,000 making it very affordable.  Yesterday's local paper, The Desert Sun, had an interesting article on the regions decling inventory. On the street, I am finding that my buyers generally still have to be outbid on a home or two befor... 10/25/2012

Looking for a great way to enjoy your Sunday, October 28th in Palm Springs, California? Then come early to find yourself a great seating area at this year’s 2012 Golf Cart Parade because the parade route fills up quickly. This festive event started in the 1960’s and it’s been a favorite around town every year since. You need to bring your portable chairs, blankets, and cameras, because there is a lot to see! The parade starts at 1:00 pm, but many have “claimed” their seating area hours beforehand. There is a full list of activities planned for the day, including the Palm Desert Rotary Pancake Breakfast, face painting, rock climbing, clown entertainment, the Golf Cart Parade itself with Marching Bands and golf carts decorated like you’ve never seen a golf cart like that before! There is ... 10/22/2012

Last year was Florida's year for Investors.  My area, the Palm Springs Valley, is definately very similar to the resort and retirement communities in Florida and I am seeing the trends mentioned below.   When the pattern became clear in the August data, it was easy to assume the Florida Phenomenon had simply moved west. There certainly were similarities. California, with its high housing prices, has virtually the same number of underwater homeowners as Florida, about 2 million. It also has as large number of investors, though mostly domestic, not foreign. Residential real estate investing as we know it today has its roots in the California-centered subprime crash of 2006 that ignited the national housing crash. Like Florida, California markets suffered peak-to-trough ratios well over 5... 10/17/2012

There seems to be a multitude of real estate scams lately, and just as frightening is Email Hacking. Both can cost you financially and emotionally.Many real estate scams involve con artists pretending to be lenders or short sales specialists. They often prey on the elderly and those less educated. The important thing here is to carefully check these people out and NEVER give them any “up-front money” in lieu of work they are promising to do for you.For many years now I have been subscribing to ASK LEO, an Internet Newsletter written by Leo Notenboom.  Here’s an article I read regarding Email Hackers! The article states:It seems like not a day goes by where I don't get a question from someone that boils down to their email account having been hacked.Someone, somewhere has gained access t... 10/16/2012

BB's 28TH ANNUAL HALLOWEEN BASH- 2012! BB hosts the best parties in the desert... and his HALLOWEEN BASH is LEGENDARY!   Show off your SPOOKY or SEXY Costume and party the night away!   The premier event of the fall season, the legendary Halloween Bash at the spectacular Palm Springs Convention Center. This year's 28th Annual Bash promises to be even bigger and more outrageous than last year's party, which had over 5,000 in attendance and was again nominated for "Event of the year" in the Desert Sun's "Best of the Valley" awards! BB is returning to a world class venue & adding more rooms, definitely MORE BARS, more DJ's, & for those of you that work late in the service industry, more time!   The party will continue on til 4 am, or until Dracula sleeps!  (no bar service after 2am but foo... 10/14/2012

             THE 2012 PALM SPRINGS FOOD TRUCK FESTIVAL     SATURDAY, OCTOBER 27TH 2012 - 12 NOON TO 5 PM     SPA RESORT CASINO - 401 EAST AMADO ROAD - DOWNTOWN PALM SPRINGS. Tickets are on sale now for this fun and delicious event in the heart of Palm Springs!  You can also purchase VIP tickets this year to enter the event early at 11:00am.  Also VIP's can hang out in the VIP tent with tables & chairs, complimentary water and snacks!  We attended last year and really had a great time-  we shared and sampled from many trucks and they were all delicious!  This year they promise to provide more seating and tables to enjoy all the great bites! Tickets and info: PalmSpringsFoodTruckFestival.com For updated info follow the Food Truck Festival Palm Springs page on Facebook! Promising to be big... 10/13/2012

Oktoberfest Palm Springs is a unique European-style festival showcasing more than 40 food, wine and beer tasting booths on October 13 from Noon-6:00p.m.. Nothing says "FALL" more than Oktoberfest! Pretty girls, cold beer, delicous brats and sausages, pretzels, and schnitzel! Live entertainment on 2 stages will include polka bands, jazz and modern music to fit everyone's taste. It wouldn't be Oktoberfest without Belgian and German Beers like Beck's, St. Pauli's Girl, Stella Artois, Leffe, Hoegaarden and many, many more. This inaugural event will benefit CASA (Court Appointed Special Advocates), Les Dames d'Escoffier (Providing scholarships for female chefs) and the Palm Springs Chamber of Commerce. The only one of its kind in the Inland Empire, this event will be a crowd pleaser with ve... 10/12/2012

The annual reports are out for August in the Palm Springs Valley.  This report reflects sales in all the Valley cities.. Palm Springs, Cathedral City, Rancho Mirage, Indian Wells, Palm Desert, La Quinta, Indio, Coachella, Bermuda Dunes and Desert Hot Springs.  Single Family Homes:  581 homes sold in August with average prices of $357,600.  (Last Year it was $331,000) Condos:  187 Total Units sold in August with average Sales Price of $178,500  (Last Year it was $118,100) The entire Palm Springs Valley (Coachella Valley is the same thing), had a drop in Inventory in just one month..July Inventory for Single family homes was 1923 units.  August was 1860 total. What about the Bank owned homes?  How did their numbers hold up in August of 2012? Single Family homes accounted for 43% of August... 10/08/2012

There’s been a lot of talk lately about guns. Personally, guns frighten me, but there are other ways to protect ourselves when we find ourselves confronted with danger. If you don't have a gun, here's a more humane way to wreck someone's evil plans for you. (I guess I can get rid of the baseball bat.)Following are a few suggestions I received via email for protecting yourself:  WASP SPRAY   A friend who is a receptionist in a church in a high risk area was concerned about someone coming into the office on Monday to rob them when they were counting the collection. She asked the local police department about using pepper spray and they recommended to her that she get a can of wasp spray instead.   The wasp spray, they told her, can shoot up to twenty feet away and is a lot more accurate, ... 10/08/2012

The Coachella Valley is HUGE!  It is interchanged with the Palm Springs Valley...both names mean the same area in the desert.  Basically West from Palm Springs proper, through Rancho Mirage, Indian Wells, Palm Desert, La Quinta, Indio and East Valley to Coachella and Thermal.  Keeping that in mind, it has been interesting to read about all the studies regarding Foreclosure numbers throughout the United States.  This one from Corelogic caught my eye... In August 2012, 57,000 homes were lost to foreclosure, down from 58,000 in July and 75,000 a year ago, according to the report. The yearly decrease represents a 24 percent decline.  “August marks the fourth month in a row there were fewer completed foreclosures, which is more evidence that the housing industry is finding its footing,” said... 10/05/2012