Palm Springs, CA Real Estate News

By Rick Tourgee, Provincetown and Cape Cod
(Robert Paul Properties, Inc.)
I live in Provincetown on Cape Cod.  However, I have a second home in Palm Springs, CA which I several times a year.  During my visit to Palm Springs, I always go to El Mirasol Mexican restaurant for dinner - It is probably the best Mexican restaurant in Palm Springs!!  I really enjoy the cheese Queso for starters, which is melted Mexican cheese placed between flour tortillas (I am a cheese lover!).  My favorite dinner plate is the chicken burrito- stuffed with lots of chicken and large enough to bring left-overs home for a midnight snack!!It locally owned and operated and is certainly a local favorite!The restaurant itself is very relaxing and decorated southwest style.  I have been going there for 3 years now, and I am pleased to see that the majority of the wait-staff if the original...
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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 )
Imagine the noise, the crowd is going wild, the smell of fresh cooked hot dogs, roasted peanuts, and popcorn is everywhere!  Where are you?  Palm Springs Stadium is where you should be, completely losing yourself in the joy of one of America's favorite past times -- baseball. Palm Springs Power Baseball has formed teams annually, with returning players helping to earn the love of fans all over.  They play baseball and collect toys among many other things.  Most recently was their "Christmas in July" game that requested the help of fans to gather loads of toys to be sent to Toys for Tots for Christmas.  With the help of their mascot, Rocky the Ram, and all the "power fans", dozens of toys were gathered to give. The Palm Springs Power compete in the Southern California Collegiate Baseball...
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 Happy New Year to one and all!!!  I just got back a couple of days ago from my vacation to Buenos Aires, so I have not been up to date on my blogging activities.  I had the best of intentions to do some blogging but hey, I'm was on vacation!!!The month of December in Palm Springs was filled with lots of merriment and holiday cheer.  There were so many more parties this year, that I had to turn down a few of them.  Sorry Guys!!  Besides leaving for my vacation on the 15th of December, the highlight of the holiday season for me was the Festival of Lights Parade.  It was so much fun seeing all of the lights on the floats, drinking hot apple cider, and seeing the joy of the holidays on everyone's face.  It was a magical moment.   The month of December was also a busy time for the Palm Spri...
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By Rick Tourgee, Provincetown and Cape Cod
(Robert Paul Properties, Inc.)
I live in Provincetown on Cape Cod.  However, I have a second home in Palm Springs, CA which I several times a year.  During my visit to Palm Springs, I always go to Manhattan in the Desert - It is probably the best authentic New York style deli around!!  The sandwiches must be aboutleast 5 inches thick with your choice of fresh meat!  Usually the sandwich is so big, that I leave fully satisfied while taking half of my sandwich home!Not only do they have great sandwiches, the have a breakfast menu and serve dinner as well!  Oh, if you have a sweet tooth and enjoy carrot cake......the carrot cake is a MUST!The restaurant itself is very open, light and bright!  I have been going there for 3 years now, and I am pleased to see that the majority of the wait-staff if the original staff from w...
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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 )
Are you searching for a new way to liven up your life?  Maybe experience something you have never done before? Desert Adventures' Red jeep tours is waiting to take you on a truly amazing journey, located mainly within 15 minutes from most Palm Springs resorts.  Whether you are the company CEO, and looking for a way to build your employees' team work rating, or you are on holiday at one of the fabulous resorts located around Palm Springs, Indian Wells, or La Quinta, to name a few, Desert Adventures' Ranch has something to keep everyone content.  The desert may seem plain and somber to an outsider looking in, but here at Desert Adventures, you will have a chance to view the desert through a new set of eyes.  Explore the beauty and might of the beautiful desert, journeying with us on a red...
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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 )
The Modernism of Palm Springs' Renowned Architect, Albert Frey Palm Spring's own Albert Frey (1903-1998), an internationally-renowned architect, left his signature throughout the desert during his career. Many of his projects, whether they were schools, public buildings, commercial sites or ranch style combined his ideas of modernism and commercialism. As he often stated, he could not have practiced his lifetime devotion to his profession without keeping his business's door open. He lived in Palm Springs from 1934 to his death, from a time when there were 1500 residents in the bustling city it is today. He became involved in the city through a partner. When he arrived, he fell in love with the area, especially the Santa Rosa Mountains. He never left Palm Springs. He married a local bel...
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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 )
Eating is one of America's favorite pastimes and here in Palm Springs there is definitely no shortage of excellent restaurants available for your dining pleasure.  Whether you crave something fast, cold and fulfilling or something hot, spicy and satisfying; we have it all and we have narrowed it down for you to the top 3 restaurants in Palm Springs.  These 3 give you a wide selection of sensory pleasing food to choose from while enjoying the ambiance of each different surrounding area.  Read on for a breakdown of  some of the best eating establishments here in Palm Springs.   For an authentic taste of Mexican cuisine, your choice would be Las Casuelas Terraza, recently ranked among the 50 best Hispanic restaurants across America, by the Hispanic Magazine.  Here you are treated like fami...
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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 )
Where is the place to be every Thursday evening?  In historic, downtown Palm Springs, where you can find some of the most eclectic, and amazing artisans anywhere.  Only here can you immerse yourself in sensory delights that border on spectacular, and the lure of more to come keeps the weekly visitors returning every Thursday evening.   Offering a variety of sights, sounds, and smells ranging from familiar to unknown, the Palm Springs Villagefest promises to make your weekly expedition to downtown Palm Springs a delightful one.  Visitors from all over are making this a must-see on their travel agenda, to experience some of the local culture as well as foreign.  Finding so many different artisans in one organized setting can be a definite challenge, but here you get exactly that.    As a...
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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 )
So many people visit Palm Springs each year that it is hard to go anywhere in the world without people knowing about the city. Most of the people that come to Palm Springs to live or buy a second home or vacation home are merely tourists who visited and fell in love with it here. Who wouldn't fall in love with Palm Springs, as there is so many activities here, but you probably already know that. What you may not know is that the Palm Springs Air Museum, next door to the Palm Spring's Corporate Jet Center and across the runway from the main completely remodeled air terminal is a flying museum. Nearly all the antique and WWII vintage aircraft fly. These aircraft fly often and there are frequent events going on all the time. The Air Museum also hosts traveling exhibits like the Leonardo Da...
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By Keith Markovitz
(Pacific Union/Christie's Great Estates)
Real estate transaction require so much attention and nurturing from all sides in order to insure a smooth transaction to be had by all. I find there are some situations that are best avoided. I have a rule that carries to both buyer's and seller's and that is- They are not to meet under any circumstances during the showing process or once the escrow process has started. When showing your perspective buyer a house, or another agent is showing your listing to their buyer, Keep the seller away.When a buyer is walking into a house, we want them to see it as their home, NOT THE SELLERS.This is why we do things like take all personal photos out of the home, so the buyer can visualize it as their home. Plus what if the buyer doesn't like the seller? Nothing positive can come out of their meet...
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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 )
There is always something happening in Palm Springs, and it is happening every single day. Just looking at the local newspaper the number of events and activities going on can make you dizzy and in Palm Springs, there is never a dull moment. Just look at some of these events coming up on the Famous Palm Springs Events Calendar in January and February 2008: January: Palm Springs International Film Festival, Palm Springs Dog Show Bob Hope Chrysler Classic Golf Tournament Southwest Arts Festival February: Steve Chase Humanitarian Awards Ceremony Tour de Palm Springs Riverside County Fair and National Date Festival Palm Springs Modernism Week Frank Sinatra Countrywide Celebrity Golf Invitational, Black History Parade and Townfaire And we are not even out of December yet, there are four lar...
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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 )
 You can read any local newspaper or magazine, you can turn on any TV station or sit back and listen to any radio show and you will get a pretty good idea that the life in Palm Springs is about as good as it gets. The news outlets in this case are merely mimicking the perception that pervades the Coachella Valley. Being a resident myself, I have to agree and even smile when I hear that truth being spoken or written. From T-shirts to Bumper Stickers, "Everyone Loves Palm Springs!"It is no doubt that those who come to visit, often say; I want to live in Palm Springs, I don't ever want to leave. Many of them wish to do a little bit of home shopping while they are here. Generally, they are pleasantly surprised that homes here are presently within their grasp. Of course, this is the current ...
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By Charles Dismuke, Palm Springs Mortgage Guy
(Amerifund Lending Group)
 In todays market the REALTOR / MORTGAGE relationship has never been more needed.  With guidelines changing and banks closing shop, realtors need to know that they have a solid mortgage professional on their team.                                                                                                                                 A good Realtor and a knowledgeable, professional mortgage broker are the "one, two punch" for prospective buyers. As a mortgage guy in the Palm Springs area...over the years I have heard many different perspectives from realtors regarding mortgage brokers and their expectations of them. When I got in the mortgage business I was told that, "there are no loyalties with realtors in this business" and "to realtors, you are only as good as your last closin...
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By Harold Watts, Palm Springs Real Estate Blog
(Teles Properties)
 Every city across America has a neighborhood that everyone says it is the most charming neighborhood they have ever seen.  Palm Springs is no different in that respect.One the most established and sought-after neighborhoods in the city of Palm Springs is Old Las Palmas.The line from the TV show, "Beverly Hillbillies" comes to mind when I drive through this neighborhood everyday:  "Swimming Pools, Movie Stars" Movie directors and entertainers have been making Old Las Palmas their home since the 1940's.  It is an eclectic mix of the Old Hollywood Estates of yesteryear, to the more modern Mid-Century designs.  This was and still is, the place to live.Liberace House- Corner of Alejo & Belardo The Old Las Palmas neighborhood is bordered by Alejo Rd to the north, Stevens Rd. to the south, ea...
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By Charles Dismuke, Palm Springs Mortgage Guy
(Amerifund Lending Group)
When I started working in the mortgage industry many years ago.  Here in the Palm Springs, Coachella Valley area the were only a handful of mortgage brokers working here.  Less the 40.  Around 2002 and 2003 when the Coachella Valley was in the midst of its housing boom and rates were ridiculously low, the "fly by nighters" in the mortgage profession came to the valley in droves to set up shop and make a quick buck or million.  By 2004, there were over 200 mortgage brokers doing business here in the Palm Springs area.  Employing unlicensed personnel, individuals uneducated in mortgage or real estate and there was a "just get in the way and you will make money", mentality.  Lending guidelines were lenient and all that a person needed to know was how to take a loan application in order to ...
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By Harold Watts, Palm Springs Real Estate Blog
(Teles Properties)
 Did you ever have one of those moments when you have so many thoughts going on in your head that you can't think? Imagine what homeowners are going through when they make the decision  to put their home or condo on the market to sell.  The current condition of the real estate market, rising foreclosures, Mortgage Meltdown 2007, and the overall negative media coverage of everything, it's no wonder that home sellers in Palm Springs have so many questions.  When interviewing your potential Realtor, ask this question:  "What is the absorption rate of homes in Palm Springs?"   If they hesitate or cannot answer the question knowledgably, run.  Any real estate professional "worth their salt" will know the answer to this question.  Absorption rate is a simple mathematical equation that demonst...
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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 )
Palm Springs is famous for many things, such as it championship golf course, resorts, and world class restaurants. After all, many of the restaurants have all or part ownership with famous movie stars, actors and musicians. The Golf Courses, well those too, many top PGA players have designed the golf courses here, folks like Greg Norman, Jack Nicklaus and Arnold Palmer to name a few. Of course, the promoters spared no expense in putting their name on them either. Still, with all the celebrity status around here, it is refreshing to know that the wind above blows away any smog and keeps the sky clear. Meanwhile some green entrepreneurs many decades ago decided to use that wind to generate electricity. Thus, Palm Springs is known as the Wind Generator Capital of North America. The Wind Ge...
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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 )
Palm Springs offers tremendous opportunity in residential real estate compared to other California real estate markets. If we look at Los Angeles and Orange County, we see there are not many foreclosures available. This is because those areas were pretty much built-out before 2005 and 2006 when the irrational exuberance took place at the top of the real estate bubble. Still, the prices are off from the 2006 highs by as much as 35% in some areas and it could be 8 or more years until they return to those highs again. There are many good deals on the foreclosures in places like Riverside, Las Vegas and Phoenix real estate markets, but the worse there is still yet to come say bankers and real estate brokers in those markets. These were some of the fastest growing real estate markets during ...
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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 )
  Most buyers of real estate looking to invest in their home or secondary residence in the Coachella Valley do not understand that what they really need is not just a Real Estate Agent, rather they need a consultant who understands the Valley here. And believe me there is a lot to know and it is paramount to keep up on the changes in the local market. Each city has its own dynamics, growth, way of living and within those cities are micro-communities. You can have whatever you want, its all here, but you need someone who knows the feel of these neighborhoods to attain that dream life you are looking for. You see there is quite a mix of potential properties from high-end 15,000 square foot and up super mansions to condominium communities. There are up-scale snowbird Motor Coach communitie...
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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 )
It is just amazing the number of well-known business personalities that live here in Palm Springs and La Quinta.It seems everyone you meet is someone, and with all the celebrity status around here and in Palm Springs just a few miles away, it is neat that everyone just treats everyone else like regular folks. We do not have the paparazzi out trying to get pictures of everyone or anything like that here. When the big PGA golf tournament is in town, there are more famous people out cruising around town than one can count.Still, it is just another day in Palm Springs - that is just the way things are around here. Folks are so very respectful, polite and the service is great, at all the businesses in town, as they never know who they might be waiting on. More Corporate Executives retire her...
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