Mary's Blog

March 22, 2013 By Mary Williams   It’s a Big Comeback – Resurgences in Jumbo Loans help Revive the Luxury Housing Market in the Desert. While the rest of the housing industry is making some modest (and in some areas significant) strides luxury markets in the local La Quinta and surrounding area....

  March 19, 2013 By Mary Williams   2    

If you have been looking to purchase in the La Quinta and surrounding area, you soon find out there are fewer homes on the market as in the past. Why does the Desert have low Inventory? 29% mortgages are still underwater = some sellers just can’t sell yet 80% of investors are buying and holding a...

It has been a long time coming, but it does look like La Quinta and the Desert Area housing market is making a recovery – and this time, it may stick around. January, the median price for all existing Desert area condos and newly built homes increased 32.9% to $220,000 from last year, San Diego-b...

31st La Quinta Arts Festival March 7 to 10th, 2013 78495 Calle Tampico, La Quinta, 92253   The 31st Annual La Quinta Arts Festival returns to the visually stunning setting of La Quinta’s Civic Center Campus in the greater Palm Springs area – Southern California’s preferred desert resort location...

February 26, 2013 By Mary Williams Right now, there is an inventory shortage of homes listed on the market. As of January, total national inventory fell 4.9% representing a 4.2 month supply of homes on the market. This is the fewest number of homes on the market since 2005. Raw unsold inventory ...

  Read the January 2013 Press Release A Palm Springs Life event, Integrated Wealth Management Fashion Week El Paseo 2013 is presented by Integrated Wealth Management with sponsorship support from the City of Palm Desert, El Paseo Merchant’s Association, Plummers, The Gardens on El Paseo, El Pase...

  Indian Wells Tennis Garden 2013 BNP Paribas Open March 4 - 17th A $78 million, 89 acre state-of the-art tennis stadium, considered to be one of the most spectacular settings in the world, it is the second largest tennis stadium with 16,100 seats. The site includes a total of (22) courts, a year...

The 2012 California real estate market really saw a healthy recovery after so many deflating years. According to DataQuick, “The number of homes that sold for $5 million or more in California in 2012 set a record. 697 homes sold for more than $5 million; the previous record was 491 in 2011. Othe...