Real Estate Market Report for the Coachella Valley Third Quarter 2021
REAL ESTATE MARKET REPORT FOR THE COACHELLA VALLEY 3RD QUARTER WHAT A DIFFERENCE A YEAR MAKES Market activity during the summer of 2020 was one of the best we’ve ever had. Strong Buyer demand and limited inventory created bidding wars amo...
Buy Before You Sell Options
The decision to buy first or sell first, has always been a little of the "What came first: the chicken or the egg?" type of question. Is it better to buy another home before you sell your current one or sell the current one before you buy t...
Step Up Cost Basis and Inheriting Real Estate
STEP UP COST BASIS AND INHERITING REAL ESTATE The step up cost basis is a way of adjusting capital gains tax. This means that for the purpose of capital gains tax, the IRS re-sets the cost basis of the property to its value when the asset is...
Measuring Home Equity – The Price you Ask and the Agent You Select
Home Equity Measuring Home Equity; A Homeowners equity in their home is the difference between what the home is worth and what they owe. At any point in time, it's an estimate because value is subjective until the home actually sells. If...
Common Home Seller Mistakes
Most Home Sellers will say a successful home sale maximizes their proceeds. On that we can all agree; however, even in a market that favors Home Sellers, that doesn't mean you can shortcut some of the most important steps on the way to maximi...
Lessons from a Pro When Selling Your Home
THE STAGERS HOME Lessons from a Pro When Selling Your Home - A professional home stager recently decided to sell the 4,000+ square foot home she lived in with her husband. It was well maintained and by most standards, could have gone on the ...
The Chandi in Palm Desert
The Chandi Palm Desert City Council voted Thursday to approve The Chandi, located at the north/west corner of Fred Waring and San Pablo. The Chandi Group USA will have 8 months to secure full financing and can extend 6 months if needed. T...
Palm Desert and Drive Thru’s
The Palm Desert City Council voted Thursday to extend the ban on drive-thru's at fast food restaurants on Highway 111. This is the third time since February, the Council has considered lifting the ban. But in a 3-2 vote on Thursday, the Coun...