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Market Update

April 21, 2014

Spring is here and what gorgeous weather were having. The market is showings signs of momentum although we continue to see higher levels of inventory & volatility which has slowed sales numbers over the past 2 months of this year. If May 2014 i...

May 12, 2014

We continue to see movement in the market, with median sale priced homes selling quickly… all much better than 2 years ago. Aggressive pricing remains an issue as inventory is up in most price points 75% higher than just 6 months ago. The hig...

May 28, 2014

Knowing 2013 was an exciting year, we all expected 2014 would be even better (especially in the luxury home market), although we didn’t expect the high levels of inventory we’ve experienced this season. So many bottom feeders in the luxury ...

June 9, 2014

Please find attached year 2013 over year 2014 sales numbers. These numbers reflect my areas of expertise as follows; Rancho Mirage, Palm Desert, Indian Wells, and La Quinta. For the most part we continue to see gradual improvement with 2014 sal...

June 17, 2014

Another gorgeous desert spring morning… cool mornings along with warm days, I’m not sure it gets any better than this ? The market continued to be somewhat flat last week with relatively the same amount of new listings hitting the market a...

June 25, 2014

YES… It’s getting hotter in the desert! The summer is here with daily temps above 100 degrees, and the market appears to be heating up. I’m seeing positive and much needed changes in the market. Over the past week my daily review of th...

July 14, 2014

Well… the DOG days of summer are not what they used to be 2-3 years ago. Summer sales in my areas of expertise; RM, PD, IW, LQ continue to move in a positive direction with relative strong sales, and the previously mentioned high levels of i...

June 30, 2014

Wow… July is already here, amazing the first half of 2014 is over, how time flies. No big changes in the market over the past week other than a continued positive decline in inventory, which is historical in the summer months, again a BIG pos...

September 17, 2014

The market and weather remain HOT! Temperatures remaining above 105 degrees (I’m looking forward to that cooler fall weather) and the market continue to march on. Homes sales below the $500,000 price points are selling within 90 days, homes s...

September 30, 2014

How refreshing it is to see our fall desert weather cooling, opening doors and letting the fresh air in, I love this time of the year. Our real estate market continues to chug along in a positive direction. No big changes over the past coupl...

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