Coachella Valley Real Estate Market Report 2023 Annual Review
ANNUAL MARKET REVIEW FOR 2023 At the start of each year, we take the time to do a deep dive into the local Coachella Valley Real Estate Market. We look back at performance metrics and compare those to the year prior. We’re looking for patt...
Coachella Valley Real Estate Market
COACHELLA VALLEY REAL ESTATE MARKET Headlines day after day talk doom and gloom; inflation, rising interest rates, & some predicting a 2008 style recession and real estate market crash. We know the Headlines do more to terrify than clarify...
Desert Real Estate Market Report
DESERT REAL ESTATE MARKET REPORT The Coachella Valley Real Estate Market has Good News for Both Home Buyers and Home Sellers Research by Market Watch, LLC shows the median home price in the Valley at $670,000. A slight dip over the past two...
Why is the APR higher than the interest rate?
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 ...
Coachella Valley Real Estate Market Review 2021
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 ap...
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...