Rising Home Prices, Multiple Offers, and Limited Inventory. Home Buyers are Asking, “Are we in a Housing Bubble and is Now a Good Time to Buy? We say No We’re Not in a Housing Bubble and Yes, It is a Good Time to Buy ….. and Here’s why ARE WE IN A HOUSING BUBBLE? 1) […]
Cotino Storyliving by Disney in Rancho Mirage The Cotino, a new community slated for development near Sunnylands is a newly approved mixed use development. A Master Planned Community on 618 acres with as many as 1,932 residences from condo’s to custom home sites. Being developed by DMB Development LLC of Scottsdale, Arizona, on vacant land […]
Palm Springs Modernism Week returns in 2022 One of the Desert’s Annual Signature events, Palm Springs Modernism Week is a celebration of midcentury modern design, architecture, art, fashion and culture. This exciting festival takes place every February in the Palm Springs area. An 11 day festival featuring more than 350 events including Palm Springs Modernism […]
Real estate has been described as the basis of all wealth. Without considering income or investment property, buying a home to live in is an incredibly powerful way to build wealth or financial net worth. A home is an asset measured by the size of the equity. Equity is simply the difference between the value […]
Two commonly known ways to lower your mortgage payments are to make a larger down payment especially if it eliminates private mortgage insurance and improve your credit score before applying for a mortgage. Another way to lower your payment would be to buy down the interest rate for the life of the mortgage with discount […]
We have all heard this expression that implies that had a person known earlier in life what they know now, they would have done things differently. The subject possibilities are endless While no one has a crystal ball to see into the future, it may be possible to learn from people who have experienced similar […]
The concern about inflation is the sustained upward movement in the overall price of goods and services while the purchasing value of money decreases. Tangible assets like your home consistently become more valuable over time. In inflationary periods, your home is a good investment and a hedge against inflation. Money in the bank loses purchasing […]
The difference between Interest Rate and Annual Percentage Rate (APR). Why is APR higher than the interest rate? The APR accurately reflects the cost of the mortgage including the rate of interest, financing fees and charges based on the term of the mortgage. Annual percentage rate, APR, calculates the interest rate and loan fees over […]
Thankfully, we can put 2021 behind us and we’re happy to say the 2022 real estate market is off to a great start. A MIXED BAG FOR 2021 Looking back at 2021, it was a Great year for homeowners. If you were selling a home, you enjoyed huge appreciation in your home’s value and Home […]
2022 Top Home Design Trends Many of the Top Design Trends in 2022 are iterations of past concepts. Not from a lack of imagination, but more from our need for the tried and true. As the pandemic has dragged on, keeping us in a state of uncertainty and at home more than ever. We’re all […]
