Palm Springs, CA Real Estate News

By Michael Layton, Experience and Trust
(RE/MAX Desert Properties)
Palm Springs is hot, hot, hot and we don't mean just the temperatures this time of year!National press about the resurgence of Palm Springs is almost a weekly occurrence these days.  From film festivals, music festivals, street fairs, Dance Parties, Pool Parties and movies shoots.  There are new hotels from Marriott and Kimpton on the way as well as several boutique brands.  There are new condos going up and retail space is being rehabbed and leased at a fast pace.  A big portion of Downtown is being totally rejuvenated.  Between all the great shopping, dining, gaming and parties you'll need a place to rest your head. Luckily We have that covered and out featured community today is Sunrise Villas.  A nice collection of single level bungalow type condos in South Palm Springs. Walking dis...
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By Michael Layton, Experience and Trust
(RE/MAX Desert Properties)
3833 E Calle San Antonio Palm Springs CA 92264 - Offered at $414,900Looking for a home in Palm Springs under $500K is no easy feat, in our current market.  Many homes need some work or don't have the great location you really want. This house has that covered for you and it POPS!  Functionality meets location. South palm Springs and close to everything that makes this Southern California resort such winnner! 4 Bedrooms/ 2 baths/  Pool, All New windows, flooring, cabinets, doors, landscape, and so much more.Bonus room and Laundry located in Casita in back yard. Mountain views and a convenient South Palm Springs location.  Call today or text 3833 to 760-297-4800 for more information. 
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By Kimberley Kelly, SFR, HAFA, GREEN, I do Real Estate like I played polo-to WIN!
(HK Lane, Christie's International Affiliate, 760-285-3578)
California is in a severe drought..so why am I blogging about a NEW golf course?  My low desert Valley area of Palm Springs to La Quinta sports approx. 123 golf courses!  What?  That is correct, and only 30-40% use reclaimed water.  So Why ANOTHER course?  This is a double edged problem. The new course at Hawks Landing in Yucca Valley has actually been there for quite some time, but only just re-opened 2 weeks ago.  It's heading to the new strategy of Desert Scape on surrounding areas other than the Fairway, and only two 6 hole koops.  Idea being, to use less water of course, and also to allow new players to NOT have to spend so many hours playing!  They can choose to shoot 6 holes and stop, 12 holes and stop, or 18 holes and stop.  Much more user friendly. Golf is a huge industry in my...
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By Kristin Hamilton CA Realtor, (909) 557-6966- Specialize 55+ Communties Banning
(Sun Lakes Realty)
Hollywood....And the Winner Is The notion of the Academy of Motion Pictures Arts and Sciences began in 1927 when Louis B. Mayer, head of MGM, wanted to create an organization that would mediate labor disputes and improve the industry’s image. So, on a Sunday evening, Mayer and three other studio big-wigs - actor  Conrad Negal, director Fred Niblo, and the head of the Association of Motion Picture Producers, Fred Beetson - sat down and discussed these matters. The idea of this elite club having an annual banquet was tossed around, but there was no mention of awards just yet. They also established that membership into the organization would only be open to people involved in one of the five branches of the industry: actors, directors, writers, technicians, and producers. This is the most ...
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By Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005, Call (760)799-8460. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs.)
Going on now! Through January 12th and then the 21st Annual Palm Springs International ShortFest Jun 6- 22.  If you love the arts, acting and truly enjoying some of the best theater on the planet, then these film festivals are your thing. The International Film Festival is going on now through January 12th.  It opened January 2 with Ava DuVernay's  Golden Globe nominated Selma.  This civil rights drama recounts a three-month period in 1965 when Dr. King led a dangerous campaign to secure equal voting rights for African-Americans. The event will close with the US premiere of François Girard's Boychoir,  and uplifting drama about a 12-year-old from a disadvantaged background accepted into an elite music school. On January 3, the festivals awards Gala was held with honorees including Julia...
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By Kimberley Kelly, SFR, HAFA, GREEN, I do Real Estate like I played polo-to WIN!
(HK Lane, Christie's International Affiliate, 760-285-3578)
With 15 years as a Realtor here in the beautiful Palm Springs Valley, I have seen several cycles in the real estate world.  We appear to have pretty much wrapped up our Short Sale frenzy, and I am closing my last short sale listing of 2014.  Foreclosures are few and far between, and are not priced a heck of a lot below Fair Market Value anymore. The most recent "cycle" appears to be two pronged. 1.  ANYTHING Mid-century Modern, no matter the condition it's in..will sell!  Investors are still buying them, renovating them, and re-selling.  Palm springs and Rancho Mirage have the most of this style home.  Our Celebrity clientele from Los Angeles, as well as Russian and Asian buyers are really drawn to these homes.  I couldn't be happier to see them being brought up to par.  A gorgeous hous...
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By Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005, Call (760)799-8460. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs.)
Sundial Condos Palm Springs CA  What's the neighborhood like? Sundial Condos is a gated community located off East Tahquitz Canyon Way in Palm Springs, California. The neighborhood is within walking distance to the Palm Springs International Airport.  The Sundial Condo  community features condos and townhomes with 2 bedrooms ranging from 1102 square feet to 1379 square feet.  The neighborhood has 4 community pools and spas, 2 tennis courts, and a clubhouse for private gatherings. The condos in Sundial were built in 1980 and many have been updated with newer kitchens and open floor plans. Some condos also feature  fireplaces in the living area. With only 79 units in the community, it's quiet & convenient place to call home. Looking for a Condo in Sundial? Click here for the most current ...
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By Kimberley Kelly, SFR, HAFA, GREEN, I do Real Estate like I played polo-to WIN!
(HK Lane, Christie's International Affiliate, 760-285-3578)
Interested in adding some GREEN features to your home?    The very first step would be to have an energy assessment, or audit performed on your home. This assessment would include:   ·       Where and how energy is wasted. ·       The air flow of your home and any points of leakage. ·       Your energy consumption. ·       Moisture issues.   And then the auditor will issue you recommendations based on their findings.   And energy assessment can be conducted in several different ways. The first and probably most accessible audit, can often be obtained from your local utility company. Here in the Palm Springs Valley, we have two major utility companies: Imperial irrigation District, (IID), or Southern California Edison, (SCE).  They do have free assessments offered, and a visit to their w...
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By Lori Bowers, The Lori Bowers Group
Vallera new home in Palm Springs, California is a great deal! It is within 3 blocks of downtown Palm Springs in a quiet gated neighborhood. These new homes feature great room plans with 2nd floor guest suites with incredible mountain views. The community has a commmunity pool and low HOA dues. The homes are 2000+ sq. ft. with a 2 car garage and are priced from the high $400,000's. Comparable new homes in the area are selling for over $800,000. Now is the time to get a prime property in a prime location at a bargain price. Call me now for your Palm Springs dream home!   Lori Bowers, Broker #01293735 The Lori Bowers Group ph: 760-831-1595   email:theloribowersgroup@gmail.com  
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By Lori Bowers, The Lori Bowers Group
Are you looking for an urban setting that is low cost with fabulous mountain views, lots of nightlife, great restaurants, mid century modern designer shopping, biking, hiking, skydiving, golfing, and lots more too? This is the hot new place for vacationing and living too. Whether you are looking for a get away vacation home, a rental investment property, or year round living, Palm Springs, California is hot, hot, hot. With over 350 days a year of sunshine in a safe and fun environment, Palm Springs is the place to be. For any questions or information regarding homes and activites in Palm Springs, please call me. I am your 'go to' real estate broker for the Palm Springs area. Lori Bowers #01293735 The Lori Bowers Group ph:760-831-1595 email:theloribowersgroup@gmail.com
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By Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005, Call (760)799-8460. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs.)
Did someone say "Parade"? Yes! A Parade of Planes, no less! How is that possible? Well, anything aeronautical is possible at this year's Aviation Expo happening October 30 - November 2 at the Palm Springs Convention Center.  It's not often you can land a plane through the city streets but this next weekend will be a spectacular event! Located at 277 Avenida Caballeros in Palm Springs, the 3-day show will be one of the most unique events in the area. Visitors and locals alike will line the streets along the parade route from East Alejo Rd to North Avenida Caballeros to witness a truly high-flying scene. Everything starts on Thursday and by Sunday, the parade is reversed as pilots taxi back to the Palm Springs international airport. Aircraft arrive on Wednesday at the airport and the even...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
470 Camino Norte, Palm Springs For Sale at $2,150,000 Call Exclusive Listing Agent: Stewart Penn Associate Broker Windermere Real Estate Direct: (760) 618-1822 stewart@stewartpenn.com  
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By Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005, Call (760)799-8460. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs.)
Friday, October 31st Halloween Parties - Must Be 21+ Costume Party at JW Marriott Desert Springs Resort & Spa in Palm Desert, CA - starts at 9:00 p.m. Costas Lounge at the world renowned JW Marriott Desert Springs will host a costume party for those 21 or better. The festivities are free to anyone dressed in costume or $10 without costume. The best costumes have a chance to win prizes so schedule your zombie make over today. Of course the night will feature dancing with your favorite DJ! BB's 30th Annual Halloween Bash at the Hard Rock Hotel, Palm Springs, CA Quite possibly the largest Halloween Party in Southern California! This year BB's Halloween event is at the newly unveiled Hard Rock Hotel in Palm Springs, CA. Guests travel from all over just to attend this party so be sure to arr...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
STEWART PENN - BROKER ASSOCIATE / REALTOR® Bennion Deville Homes, Palm SpringsDirect: (760) 618-1822stewart@stewartpenn.comwww.stewartpenn.comFor all your Palm Springs Real Estates needs call Palm Springs Realtor Stewart Penn 
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
STEWART PENN - ASSOCIATE BROKER / REALTOR® Windermere Real Estate, Palm Springs Direct: (760) 618-1822 stewart@stewartpenn.com www.stewartpenn.com
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Windermere Homes & Lifestyles Magazine To receive a complimentary copy of our latest edition, please email me: stewart@stewartpenn.com STEWART PENN Associate Broker Windermere Real Estate Southern California Direct: (760) 618-1822
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
There's an exciting new community being developed in Palm Springs, California. Sol Palm Springs Homes A new development of 46 luxury detached homes located at the corner of Avenida Caballeros and Amado Drive in Central Palm Springs.    Pics & Floor Plans Courtesy of The MLS IDX  
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By Michael Layton, Experience and Trust
(RE/MAX Desert Properties)
In Palm Springs California there are multiple types of property. We have a large percentage of Condos as we are a big vacation resort destination spot.  In addition to that we have lease land issues because a big percentage of the land we are on is actually owned by the Indian Tribe.  So a house on lease land that is the same as a House on FEE LAND are not equal in value. Interestingly, for a resort known for Golf there are really not that many courses in Palm Springs. A much larger percentage of the golf courses are located "Down Valley" as we say in cities like Rancho Mirage, Palm Desert and La Quinta. So often times people that do not know will look for golf course properties in Palm Springs only to be surprised that there are very, very few. As our market has improved and Inventory ...
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By Elaine Stewart, RE/MAX Desert Properties
(Elaine Stewart is the #1 Individual RE/MAX Agent for 11 years straight in the Coachella Valley. (760) 668-2399 )
Known throughout Palm Springs as one of the most prestigious addresses in the area Andreas Hills is one of the most sought after communities in the area. With scenery provided by the San Jacinto Mountains in the Indian Canyons at the south end of Palm Springs this upscale community offers unique modern residences thoughtfully placed in a serene and relaxing environment. Some of the homes have panoramic views of the mountain range. It is indeed one of the most scenic neighborhoods in Palm Springs. Located on the Indian Canyon Golf Course this fabulous community is a haven for golfers and non golfers alike. The homes of Andreas Hills offer the best in indoor and outdoor entertaining. Modern amenities abound throughout the estates in the neighborhood. Some homes have gyms, outdoor and indo...
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By Kimberley Kelly, SFR, HAFA, GREEN, I do Real Estate like I played polo-to WIN!
(HK Lane, Christie's International Affiliate, 760-285-3578)
I've closed dozens and dozens of short sales here in the Palm Springs Valley.  From the Western city of Palm Springs, through Indian Wells, Rancho Mirage, Palm Desert to the Easterly cities of Indio, Coachella and Thermal.  The peak year was probably 2012.  In 2013, the numbers of distressed Sellers I helped dropped dramatically..great!  My equity Sales were booming, so it made sense that the Short Sale numbers were decreasing.  So far, in 2014, it's felt pretty stable..the market in general.  But, the past 2 months have seen a large increase in the volumne of calls from underwater homeowners again!  What's going on?  Two things I think.. 1.  The HAMP loan mods that were taken out in 2009 are resetting this year.  They will reset by as much as 1% this year, and continue to reset each y...
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