Palm Springs Restaurant Week June 3-12

If you have been to the Desert recently you know our culinary landscape is popping with revamped favorites and many new ones. For 7 days in June many of the Palm Springs areas best eateries are participating in a fun event called Restaurant Week. Diners will have a choice of three course meals at fixed priced of either $24 or $36, depending on the restaurant. What a great opportunity to try out some new places and revisit old favorites. Get more information by clicking on the event logo.
Bon appetit!

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Ruth Hardy Park Sales Statistics for first half of 2011

Ruth Hardy Park is a large and diverse neighborhood in Central Palm Springs.  Just minutes from everything in town and yet full of quiet residential streets with everything from grand estates to mid-century bungalows.  There is also a large park and the Kathryn Finchy Elementary school on the edge of it.

Sales Activity in the neighborhood has been very brisk this year with 21 homes already sold and another 12 in escrow.  Notably 3 of the homes in escrow were originally priced at over one million dollars.
Be sure to see and search for homes in Ruth Hardy Park on our webpage devoted to the neighborhood.

Red Day Thursday May 12th

RED DAY -

WHAT IS RED DAY?

RED Day (Renew, Energize and Donate) is an initiative dedicated to celebrating Keller Williams Realty’s year-round commitment to improving our local communities.  Each year, on the second Thursday in May, tens of thousands of associates from across the United States and Canada participate in a wide range of projects, devoting their time to renewing and energizing aspects of the neighborhoods in which they serve.

RED Day initiatives run the gamut: From rebuilding homes, refurbishing local parks, giving to local food shelters, hosting blood drives, beautifying beaches and so much more. Projects are chosen by each individual market center based on a need they see within their community.

Recognizing her leadership in guiding the culture of our company, RED Day is held in honor of Mo Anderson, vice chairman of the board, Keller Williams Realty. This event is an entrenched part of Keller Williams Realty’s culture and displays the extraordinary effect a company can have when individuals come together to work as a team for the greater good of everyone.

This year the Keller Williams offices in the Coachella Valley (Palm Springs, CA) will be helping refurbish and freshen up a group home for project Angel View in the community of Thousand Palms, CA.  Hundreds of agents, support staff and industry partners will help put a fresh face on a residence that Project Angel view operates for disabled adults.

Ask me how you can help!

May 7th Evening Under the Stars Featuring the B52s

Downtown Palm Springs

The 18th year for this annual event  benefits the AIDS Assistance Program.  Ann Walker (of Palm Springs cult movie Sordid Lives fame) will be Mistress of Ceremonies. 

 

This Year the event is an '80's party with the music of popular new wave rockers The B-52s, who have been making great music since their debut in the 80's.  The fun, which includes a silent auction and dinner all starts at 6 p.m. at O’Donnell Golf Club in Palm Springs.

Past entertainers have included Liza Minelli, Lilly Tomlin, Barry Manilow and Suzanne Sommers.

Great Fun and a worthy Charity make this a must attend event!

New Statistics on Short Sales, Foreclosures and Regular Sales

The California Association of Realtors has released new data on the percentage of sales that are short, bank owned or traditional.  In a two year study - January 2009 to January 2011 what they found was this:

In January of 2009 the break down was:

Bank Owned: 51%  Short Sale: 10% Traditional Sale: 39%

Bank owned sales began declining in April of 09 and continued that trend with only a small uptick in June of 2010
Short Sales during the same time period began a steady climb that has not stopped while traditional sales actually surged above 50% for most of 2010.

According to the study January of 2011 saw the numbers at:

Bank Owned: 34%  Short Sale 24% Traditional 42%

It is clear that short sales are going to continue to be a big part of the inventory of homes for sale.  With foreclosure rates falling off it seems as though bank owned home sales will continue to level off. The main thing that could change that is if the banks have large inventories of unsold homes that they have not released yet.

For more information on Short Sales be sure to visit that page on my website PSagent.com

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