Palm Desert, CA Real Estate News

By Elaine Stewart, RE/MAX Desert Properties
(Elaine Stewart is the #1 Individual RE/MAX Agent for 12 years straight in the Coachella Valley. (760) 668-2399 )
                                 PGA West, LA Quinta CA Just a couple of years ago I wouldn't have thought I'd live to see the words "lease option" uttered again, at least not in regards to the Palm Springs Real Estate Market. But as I've said before, the only rule is there is no rule these days. And lease options are sprouting up all over the valley like mushrooms in a meadow after a thunderstorm.If you've never considered an option perhaps this is the time to ask your Palm Springs Real Estate Broker if it might be right for you. Typically the scenario is that you invest a non-refundable sum of perhaps ten thousand dollars or more, alongside lease monies, for a year or more while you prepare to finance the home. Some folks consider the surrendered payment a small price to pay if the ar...
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By Clayton Baldwin
(Coldwell Banker)
New updated and improved website. Please go to my website and see it, let me know what you think. I love to get any feedback! -Clayton Baldwin 
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By Sue Margiotta
(Power Brokers International)
Palm Desert, April 2007 MLS Data for Palm Desert, April 2007  Total new listings for April: 211Total Expired Listings during April, 2007: 131Total SFR & Condominiums Sold during April, 2007: 141Average Days on Market: 78Single Family Residence (Including Big Horn)Total SFR Sold: 69Median Price of Sold Single Family Residence: $489,000Total Dollar Amount Sold: $48,860,900 Average Days on Market: 77.72 Condominiums:Total Condominiums Sold: 72Median Price of Sold Condominiums: $391,500Total Dollar Amt Sold: $29,630,935   This data  is based on the data supplied by Desert Area Multiple Listing Service and its member Associations of Realtors, who are not responsible for its accuracy  
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