May Sales Stats In The Coachella Valley

As if low interest rates were not enough reason to get serious about buying look at these numbers! 

Exceeding all expectations the May 2011 real estate sales numbers reflect a growing trend. Over 900 homes sold - AGAIN!  This time 911. Once again a new  milestone - breaking the 900 mark for  homes sold in one month for only the third time in the last 2 years! You will also be surprised to learn that while 1274 homes came on the market in May 2011 another 1286 moved into escrow by going under contract.  Essentially wiping out the gains of the new homes listed.  Supply and demand seem to be leveling out.

More good news as the median price has risen 23% since May of 2009. While prices are still low and pockets of resistance still exist there is no question that exceptional values are becoming a little more scarce.  In general we can say that for homes in great condition prices are headed up not down on average.

Most importantly the months supply of inventory is dropping like a stone! Month supply of inventory is figured by assuming that the current sales rate continues and no other home is listed for sale. That would mean we only have 3.8 months inventory left!  Not only is that the lowest in more than two years but it represents a steady decline since December of 2010 when we had a 10 month supply. These are numbers that can't be ignored. A change is in the air. If you are looking to buy real estate it would be hard to beat the timing of this market.

County Document Scam Alert

Many home owners in San Bernardino County and Riverside County (Where Palm Springs is located) are receiving very official looking documents in the mail saying they need to order a copy of their grant deed to avoid foreclosure proceedings and prove that they own their home.

Like most scams it is designed to play on your fears and get you to pay money you do not have to spend. You may, at anytime get a copy of your Grant deed from a title company or the county for a very modest fee. Most everyone already has a copy of this in their final closing package from the Escrow/Title company.

Be careful of these bogus resellers of public information. If you receive any document, that pertains to your property, and are unsure what it means please check with a trusted local expert such as your Realtor, an attorney or your tax professional.

UPdated Mobile Search Site

IPads, Tablets, Smart phones - today many of us access the internet with equipment other than a traditional computer. I am pleased to be able to offer a tool for your mobile device that will make home searches easier when you are on the go. Try it out today.

http://palmsprings.realbird.comScan me with your smartphone to bookmark
our mobile website at http://palmsprings.realbird.com

Moving Day - Keller Williams Palm Springs Relocates to A New Office

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The 2nd of June was a big day at Keller Williams Realty in Palm Springs.  We relocated our office from Tahquitz Canyon way to 435 N Palm Canyon Drive.

Our new home is located in the former Madison Jewelers building.  It has been remodeled into beautiful new offices for the fastest growing national real estate franchise in North America.  Exciting too is the fact that we have received the Luxury Homes designation.  While able to service the full spectrum of real estate sales the Luxury Division is a great addition to all the services we can provide to you.

The really good news is that nothing has changed except our street address.  All phone fax and email remain exactly the same.  Even the zip code is the same.  So change your address book while you are thinking of it to 435 N Palm Canyon Drive Palm Springs CA 92262.

Next time you are by the office please stop in we would love to show it to you. If you have any trouble finding it we are next to Hamburger Marys and the Elizabeth Taylor Walk of Fame Star is right at our entrance.

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Palm Desert Debuts New Aquatic Center This Month

Civic Center Park in Palm Desert will be home to the spectacular new Aquatic Center .  Originally scheduled to open in the first part of the month the opening has been delayed to the 25th of June because some of the equipment was delayed in arriving

The center is to be located in the north west corner of the Park which is off of San Pablo and Magnesia Falls Rd in Palm Desert. The center will complete a park that already includes 4 Baseball fields, A skate park Concession/Restroom Building , An Amphitheater, 6 Tennis Courts, 4 Volleyball Courts, 3 Basketball Courts, 5 Picnic Pavilions, A Playground, a Dog Park and lots of grassy areas. The park also includes a Holocaust Memorial and a Peace Memorial. There are ponds with turtles, ducks and swans.

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Palm Springs Short Film Festival June 21-27, 2011

A unique feature of our summers in Palm Springs is the always entertaining Short film festival.  Great programs offered up and hey, lets face it it is a short film how long could it last?  Come in out of the heat and enjoy these unique programs.  Just another fun thing about living in Palm Springs.

Click on the popcorn to be taking to the website for the festival times, tickets and more information!