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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Our Desert real estate market shifts to a buyers’ Market..
Is this a Buyers Market? Here in the Coachella Valley, which translates to our 9 desert cities, it sure does appear that the tables have turned! The past few seasons have definitely been a Sellers’ Market, but as our season progresses, it appears to be a buyers’ market. Palm Springs on the West side of the Valley is still seeing some strong sales this past quarter, but even there, things are cooling off. Price/sf. has stopped climbing up, up, up, and seems to be moving laterally now. What is causing the change to a buyers’ market in our Real Estate Market?? Kim Kelly’s perspective is that there has been a perfect storm beginning in January of this year. First off, we are in an election year..no matter why, but elections always cause people to shy away from making any decisions they don’t absolutely HAVE to! The plunge in the oil market, the corresponding drop in our stock market, coupled with the rocky Asian Stock Market, and top that off with the decline in the Canadian Dollar!
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PGA West Short Sale at 80775 Weiskopf
Are Short Sales making a comeback in the Coachella Valley? Being a certified Short Sale Agent here in the Coachella Valley, California, I am definitely seeing an uptick in distressed homeowner activity. More calls from tentative sellers. More requests for short sale information. More inquiries regarding the Short Sale process with a particular lender. Throughout the Valley, Short Sales have remained relatively low over the past 3 years or so. Our housing market has stabilized to a large degree, so why the gradual increase in activity? I suspect there are several things that are happening in our economies that are converging to create a perfect time for the Short Sale process to once again gain momentum. If you have questions regarding a potential short sale, give me a call for your FREE consultation at 760-285-3578.
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Estate home at 80775 Weiskopf, PGA West in La Quinta, CA.
Short Sale at PGA West in La Quinta, CA. Premier Location and outstanding Southern VIEWS! We don’t see that many Short Sales any more, so they get alot of attention! This estate home certainly deserves it. Touting all the most desirable qualities for a premier Coachella Valley winter destination property on the golf course at PGA West, including Southern VIEWS over the Pool to the Lake, to the double fairways, to the Santa Rosa Mountains beyond. This home will NOT sit, so call me for your private tour today at 760-285-3578. The best thing about this particular Short Sale?? It’s been meticulously maintained, and pre-approved at the List Price of $1,556,000.
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The Citrus Club in La Quinta, Calif.
La Quinta Neighborhood of the Week; The Citrus. The beautiful Citrus Golf Club in central La Quinta remains a favorite for Buyers seeking a gated, La Quinta Golf Course Community. Entry gates are manned, and there are two of them for easy access. One gate is off of 52nd St. right across from the Public Silverrock Golf Course, and the other is off of Jefferson St. HOA’s are low, the clubhouse is friendly and recently remodeled, streets are lined with Citrus trees, and views to the surrounding Mountains are mesmerizing..
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Call your Local Realtor and get your home SOLD!
5 Tips to Prepare Coachella Valley Homes to SELL! Which one of our Desert Cities do you call Home? Whether you live in the Western side of the Coachella Valley in Palm Springs or the center of the Valley in Rancho Mirage, Palm Desert or Indian Wells, you have to do the same critical things to get your home SOLD! Maybe you own a home or Equestrian property in one of our Eastern cities, La Quinta, Indio, Coachella or Thermal, don’t just list your home, SELL it!!
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Coachella Valley, especially the Eastern cities welcome horses!
5 Tips to SELL Coachella Valley Equestrian Properties! Listing and selling an Equestrian property is different, yet has similarities, to selling your Residential Coachella Valley home. Equestrian Properties are larger of course, with more land, and that means that the Coachella Valley cities with the most Equestrian Properties are in our Eastern end. The cities of Indio, Thermal, Coachella and Vista Santa Rosa. The High Desert cities of Yucca Valley and Morongo as well as the Mountain Center area of Hemet and Garner Valley are our other hot spots for Equestrian sales. Wherever you have a property in our Coachella Valley, or if you’re looking to buy Land or Equestrian Properties, give me a call at 760-285-3578, and be sure to follow these tips….
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Coachella Valley closed Sales!
Coachella Valley Properties that SOLD over last month! It’s fun to check out what’s been selling amongst our Coachella Valley cities. Today, I’ve chosen 5 properties that closed over the past 30 days or so..all closing at $1,000,000 or more. Our priciest sale (per the MLS) was at The Vintage Club in Indian Wells. I’ve also gone over the hill to Temecula as it’s a HOT area right now. Vintners and Equestrians are heading to Temecula!
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La Quinta Cove; known for diversity
La Quinta Cove; A favorite of Locals and Visitors. The “Cove”, as Locals refer to it, has been a favorite of mine since my Polo playing days. When I, and maybe one or two other players needed a seasonal place to stay, we almost always chose the La Quinta Cove. We could find a nice home, in a beautiful area, that was reasonably priced, and just far enough away from the Polo fields to give us a bit of autonomy. It still remains a favorite today. The Cove is an eclectic collection of single family homes, approx. 1200 of them, that hug the base of the mountains in one of the prettiest Coves in the desert.
No HOA’s here, and it’s very obvious! Homes can be any architectural style, and a wide range of Colors. The Cove is also home to approx. 28 “Casitas” that were built in the 1930’s – 40’s, and originally sold as retreats for many of Hollywood’s celebrities of the time. Classic adobe, with red tile roofs, white stucco walls, and original wood doors, the original Casitas were built in the style of the La Quinta Hotel, and are still much in demand.
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Ma Rouge in Yucca Valley, CA.
Black Rock Campground in Yucca Valley, Calif. What is so magical about this Campground? The first time I saw it, I just could not believe it. It’s like being out in the middle of the high desert, think Joshua Tree Park, yet there is a specific area to park your horse trailer and keep your horses! Sweet.
On your way up, you’ll pass the newly re-opened, (2015), Hawk’s Landing Golf Club. Designed for people who don’t have the time for an entire 18 hole game, it is designed with two 6-hole loops..meant to bring the fun back into the game! Side note here..there is an events co-ordinator at the club so if you have a special event coming up, you might consider this beautiful high desert setting. On to Black Rock…
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