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Pending Home Sales Surge to Five Year High

The industry index measuring pending home contracts to purchase existing homes surged 5.2 percent in October from September. Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring pending hom...

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US homebuilders confidence at 6-year high

Confidence among U.S. homebuilders rose this month to its highest level in six and a half years, driven by strong demand for newly built homes and growing optimism that the housing recovery will strengthen next year. The National Associati...

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Sculptures invite visitors to El Paseo in Palm Desert

Since 1996 Palm Desert has used the El Paseo median as an outdoor art museum of sorts, showcasing sculptures by artists from all over with its El Paseo Invitational. “We always have artists from all over the country, but this year we have ...

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Mortgage rates hit another record low

Mortgage rates hit another record low according to mortgage giant Freddie Mac, the average rate on the 30-year fell to 3.34%, 0.06 percentage point lower than last week. The 15 year fell 0.04 percentage point to 2.65% The new lows reflec...

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