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...
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 ...
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...
Palm Desert Barnes & Noble Donates Books to Local Charities
Palm Desert Barnes & Noble at Westfield Mall is holding its annual Holiday Book Drive, giving customers an opportunity to donate books to Coachella Valley BookPALS and SafeHouse of the Desert through Jan. 1. “The Holiday Book Drive is one ...
Palm Desert College of the Desert dedicates new Veterans Center
More than 200 people, including Riverside County Supervisor John Benoit, military personnel and faculty, turned out for Palm Desert College of the Desert’s dedication ceremony for its new Bighorn Golf Club Charities Veterans Resource Cent...After housing crash, people want new styles of new houses
As the real estate market starts to recover from its epic crash, home builders, especially those in hard-hit California, are betting that many buyers will want new houses that are different from the big suburban tract homes that proliferated du...California Association of Realtors 2012 Annual Home Sales Survey
Favorable home prices and record-low interest rates combined with high demand and a severe shortage of available housing have created a highly competitive housing market in California, with nearly six in ten home sales receiving multiple offers...Home Prices Rise in 81% of U.S. Cities as Markets Recover
Prices for single-family homes rose in 81 percent of U.S. cities as the property market extends a recovery from the worst crash since the 1930s. The median sales price increased in the third quarter from a year earlier in 120 of 149 metr...