Coachella Valley Real Estate By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!
Coachella Valley Properties By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!

Market Reports

Kimberley Kelly’s real estate activity

Real Estate Sales are up in the Coachella Valley, California.

Real Estate Sales are up in the Coachella Valley, California.

Kimberley Kelly, local Coachella Valley realtor, is having a busy summer!  My colleagues report the same..activity is UP in our desert valley.  In my 16 years of real estate experience in our Coachella valley cities, it seems that when the builders return to building New Homes, resale properties follow suit.  My “Best Buy” homes under $100,000, to the luxury home on the lake at PGA West, to Equestrian Estates in high and low deserts, the buyers have returned!  One of the new Palm Springs housing developments on the old Palm Springs golf course, has just received approval..Serena.  

Recent Farm Sales, and continuing activity around investment Land, farms, and luxury Equestrian Estates, also signal that buyers are serious.  If you’re looking to buy, Sell, or just get more information, give me a call at 760-285-3578.

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Summer Sales are Sizzling!

PGA West TURNKEY home on the fairway for sale; $1,450,000

PGA West TURNKEY home on the fairway for sale; $1,450,000

Summer Sales are Sizzling in the Coachella Valley!  I know it’s not because the air temperatures have cooled down because we are pretty much guaranteed triple digits every day.  I suspect it’s more a leveling out of all the negative news from the first quarter of 2016..crashing oil prices, Asian Stock Market crash, Canadian dollar crash, and we cannot forget that it’s an election year.  All these things combined to help buyers put on the brakes for the first Q of 2016.  The second Q was smokin however, for our Coachella Valley summer sales, and the third Quarter summer sales are starting out the same.  Desert Home Sales jumped approx. 12% in June. I’m finding that all my listings are getting activity, or are in escrow, from the ultra affordable Condos below $100,000 – luxury Equestrian estates at 3-4 million.  With Loans lower than ever (thank you Brexit!), it’s a great time to buy the Coachella Valley, give me a call at 760-285-3578.

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Desert Property Sellers are getting Serious!

Coachella Valley real estate market recent price reductions

Coachella Valley property

Desert Property Sellers are getting serious about moving their Coachella Valley properties as we near the end of the winter season, states Kimberley Kelly, local Realtor with HK Lane/Christie’s International. Some major price reductions have been taken recently for those Sellers intent on moving from their current properties, while others are re-considering earlier offers that they may have thought were too low! Our Coachella Valley Real Estate Market remains relatively stable, but our Inventory levels at most price points remains high. If you are looking to buy or sell in any of our 9 Desert cities, give Kim Kelly a call at 760-285-3578.

It used to be said that the HOT desert summers hindered buyers from touring properties for sale here in the beautiful Coachella Valley.  However, recent studies show that almost HALF of our yearly sales now occur in the summer!  Are summer sellers just desperate???  Not so fast. Many sellers who intend to use their Golf Course Properties, or Seasonal homes during the summer, pull them off the market. That used to be the norm.  Now that our summer foot traffic is steady ALL summer, serious sellers continue to market, show, and negotiate deals on their desert property, throughout the year. Here are some terrific recently reduced, and aggressively priced, desert properties to consider:

  1.  80908 Calle Azul in La Quinta at Puerta Azul.  The largest model at 1730+ sf., 3 beds/3 baths, reduced to just $345,000.
  2. 79300 Liga, La Quinta, located at The Citrus golf course, this fairway home has been reduced $50,000 to just $849,000.
  3. 80875 Via Portofino, La Quinta.  Custom homesite at The Hideaway Golf Club.  Listed at $1,199,000. BRING OFFER!
  4. 54475 Tanglewood, La Quinta at PGA West Palmer Private.  2 bed/2 bath Condo reduced to $249,000 TURNKEY FURNISHED, with rental history.
  5. 9574 Black Rock Cyn., Yucca Valley.  HUGE reduction from $1,350,000 to $899,000!!  Illness forces sale.  Custom home on 14 acres by National Campgrounds.

Just Listed STEAL:  47395 Monroe St., #197, Indio, CA.  $139,000. 2 bed + den and 2 bathroom Condo. CLEAN, upgraded, + detached single garage. WON’T LAST!

Perhaps the BEST deal in La Quinta is now TALLY RANCH, located at 55075 Monroe St., La Quinta.  Sellers are serious, and are accepting offers! Custom home with 6,000 sf ft. Barn on 4 Acres. Private entry, secure and discreet, this estate is not to be missed! Call Kim Kelly at 760-285-3578 to schedule a tour. Take the tour here –

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Indio Real Estate Market; What’s up??

Ferris Wheel at the Coachella Music Festival!

Ferris Wheel at the Coachella Music Festival!

The Indio Real Estate Market is steady, states Kimberley Kelly, local realtor with HK Lane/Christie’s International.   Home and Land prices have remained stable for the past 18 months or so, Inventory has remained steady, and price/sf. has also.  Land and Equestrian Properties continue to draw interest.  Commercial Land in the North Indio area is also seeing sales.  Now that the Stagecoach Music Festival is over, the traffic will also settle back into it’s normal rhythm.  Indio draws buyers through the summer months..no matter how hot!  Our Coachella Valley can now claim that approximately 50% of our yearly sales come during our summer months.  It’s not too late to list your Indio Home or Ranch for Sale; Call Kim at 760-285-3578 for your FREE property consultation and evaluation.

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Indian Wells Country Club Market Update

 

Indian Wells offers gated & non-gated housing options

Indian Wells offers gated & non-gated housing options

Indian Wells Country Club in Coachella Valley in Calif. market update.  A luxury resort as well as a Residential community in our Coachella Valley, the city has only 5,165 (2013) residents.  Small size; HUGE Amenities!  Incorporated in 1967, Indian Wells became California’s 400th city.  Known for it’s country Club Lifestyle, and it’s world class Tennis and Golf, the City is perfectly located between La Quinta to the East, and Rancho Mirage to the West.  The city  is famous for it’s Resident Perks..some of the best in the Coachella Valley!  The Indian Wells Country Club is known throughout the Golfing community, as one of the best deals around; to live and to golf!  If you’re thinking about buying at the Country Club, give Kim Kelly a call at 760-285-3578 to set up your personal tour today.

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Desert Condominiums can be Investments!

Indian Palms CC Condos in Indio, CA.  from approx. $85,000- $107,000

Indian Palms CC Condos in Indio, CA. from approx. $85,000- $107,000

Desert Condominiums can also be Investment properties.  Kimberley Kelly, with HK Lane/Christie’s International states that although Condos aren’t the lifestyle for everyone, they sure do have their advantages!  Condominiums typically have higher HOA dues, and that often scares potential home buyers off.  Be sure to examine these dues carefully.  Often, by the time you get done paying monthly for all that the HOA covers, it’s a break even situation, but you save yourself the headaches!  Condo developments range from older condos in the heart of Palm Springs, Rancho Mirage, Palm Desert and Indian Wells to brand new Developments.  Ultra modern developments are springing up in Palm Springs to the West and La Quinta to the East.   If you’d like to schedule a tour of investment Condominiums, give Kim Kelly a call at 760-285-3578.

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Time to Land Bank for the future?

Vineyards in the Coachella Valley

Vineyards in the Coachella Valley

Is it a good time to Land Bank in the Coachella Valley?  As our Peak Season comes to an end in our desert cities, Kimberley Kelly, Land & Equestrian Property specialist in the Coachella Valley, thinks it is!  Investments in real estate on an International level, are certainly off the charts.  Chinese investors, have merged together to pick up properties, in San Francisco, Beverly Hills, our coastal cities, Canada, and Texas.  What’s driving the Residential and land investments in real estate?  Locally, there are several things driving the investors to pick up Land and Equestrian Properties here in the desert cities.  Check out our local Land stats  here, and give me a call at 760-285-3578 to schedule your Land tour..

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Short Sale Specialist; Coachella Valley

Kimberley Kelly, Short Sale Specialist for HKLane/Christie's International

Kimberley Kelly, Short Sale Specialist for HKLane/Christie’s International

Short Sale Specialist for the Coachella Valley:  Kimberley Kelly, Certified Short Sale Specialist for the desert cities, has put together the Short Sale statistics for the past 6 months.  The peak of our last phase of bank defaults, and consequent “settled for less than amount owed.”, began in 2009, and screamed through 2011.  At that time, the Lenders were as clueless as their mortgagors.   Now. however, it is a much more efficient system for the lien holders, and with a Certified, and even more importantly, EXPERIENCED, Short Sale Realtor, if you find yourself upside down, or even near upside down on your property payments, do not panic!  Pick up the phone, and call for your free property value, and consequent option possibilities, at 760-285-3578.

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Desert Cities Summer Sales Numbers

Stalking a local Desert City Agent in the summer

Stalking a local Desert City Agent in the summer

Summer Sales in the Desert Cities of the Coachella Valley, are much different than many Sellers may think, according to local real estate agent, Kim Kelly.  Living in the desert year round and working as a local real estate agent, gives you a unique perspective on Summer Sales here in the desert.  There are fewer showings, true, but the season no longer ends after the Coachella Music Festivals leave town.  Palm Springs Life has kindly gathered market statistics for the desert cities of Indian Wells, La Quinta, Palm Desert, Palm Springs and Rancho Mirage.  These are our largest desert cities, so remember that our summer sales in Cat City, Indio, Coachella and Thermal are not even considered..and there are summer sales in all those cities as well!  To schedule your tour of any Desert Cities homes, give Kim Kelly a call at 760-285-3578.

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Is Palm Springs the new Hamptons???

The Movie Colony in Palm Springs, CA.

The Movie Colony in Palm Springs, CA.

IS PALM SPRINGS THE NEW HAMPTONS?  Kim Kelly, Coachella Valley Realtor, heard this reference over the past week, and it has inspired some market status inquiries.  Socially, it could very well be true. Palm Springs, our most Westerly lying Coachella Valley city, is HOT!  I don’t mean temperature either, but rather in demand for Real Estate.  Why?? Chalk it up to Modernism Week, and our Valley’s close proximity to Los Angeles, (movie star land).  We have been “discovered”.  Seems so funny as I’ve lived here for 35 years, and knew all those years ago, how incredible our desert valley is.  What’s happening in Palm Springs?  What’s selling, and for how much? Interested in a tour of available Palm Springs area properties for sale..give Kim a call at 760-285-3578.

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