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Harold Watts' Palm Springs Real Estate Blog

Palm Springs' Most Expensive Home Sales for October 2009

When you think of Palm Springs, what comes to mind? Palm trees, large estates, swimming pools, movie stars? Oh wait, that's the Beverly Hillbillies!! Jethro and Ellie Mae would have been right at home here in Palm Springs. Ever wonder about what these luxury homes in Palm Springs are selling for?

Here's some information about the most expensive home sales in Palm Springs for October 2009. All information was obtained through the Desert Area MLS.

Overall, there were 3 Palm Springs home sales topping $1 million during the month of October 2009, out- pacing the 2 homes sold in September and the 2 home sales in August 2009.

Currently, there are 98 homes on the market in Palm Springs with list prices topping $1 million. Despite all the activity of the lower priced homes in town, the luxury real estate market in Palm Springs is starting to gain some momentum.

Search for Homes in Palm Springs

Here are the 3 homes that sold for over $1M dollars in Palm Springs in October 2009:

3223 E. Bogert Trail- $1,500,000- 3 bedroom, 4.5 bath, 5000sf Desert Contemporary home sitting on 1/2 acre of land in the Andreas Hills neighborhood of S. Palm Springs. This home closed escrow on 10/13/09.

855 Via Las Palmas- $1,049,000- This 5 bedroom, 4 bath, 2800sf Mid-Century home is one of 15 "Swiss Miss" homes that were built in the Vista Las Palmas neighborhood. High ceilings, walls of glass, and views to die for are some of the features of the special home. Closed escrow on 10/30/09.

898 N. Avenida Palmas- $1,020,000- 3 bedroom, 3.5 bath, 3257sf home on a 1/3 acre lot in the Movie Colony district of Palm Springs. Home was built in 1999 and is within walking distance of Downtown Palm Springs.

Photo courtesy of Flickr

About the Author:

Harold Watts of Scott Lyle Realtors has been a REALTOR in Palm Springs since 1999. Focusing on the 2nd & Vacation home market, Harold has been helping Real Estate Buyers and Sellers achieve their real estate goals. If you want to know what is happening with the Palm Springs Real Estate market, give Harold Watts a call at 760-218-8209 or email him at Harold.ScottLyleRealtors@gmail.com

Palm Springs, CA- Foreclosed Homes in Palm Springs Continues to Dominate the Real Estate Market- Homes Sales in Palm Springs for October 2009

Palm Springs Foreclosed HomesYesterday, it was officially announced the Federal Homebuyer Tax Credit of $8000 for first-home buyers has been extended past its expiration date of November 30, 2009.

Based on the information that is available, homebuyers have until April 30, 2010 to purchase a home and it must close escrow no later than June 30, 2010.

This is good news for the real estate community and for the many people who have been "sitting on the fence" and waiting for the perfect deal.

I have preaching to everyone since January 2009 that the time to buy real estate in Palm Springs is NOW.

Foreclosed homes have been driving the Palm Springs real estate market since the beginning of the year and the prices here "bottomed" out in August. Does this mean you have missed your chance on buying a home? No, it just means that the prices of homes has leveled out. Here is a look at the homes sales for the month of November in Palm Springs:

November 2009 Home Sales: 68 Foreclosures Sold= 34 Short Sales (Pre-Foreclosures)= 6

Avg. List Price: $381,814 Avg. Sold Price: $362,337 Avg. Price Per Sq. Foot: $171 DOM= 100

November 2009 Condo Sales: 50 Foreclosures Sold= 11 Short Sales (Pre-Foreclosures)= 2

Avg. List Price: $184,296 Avg. Sold Price: $171,215 Avg. Price Per Sq. Foot: $136 DOM= 82

As you can see, 50% of the homes purchased in the month of November were foreclosures and sold for 95% of the listing price.

Now is the time to take advantage of the extension of the Federal Homebuyer Tax Credit and buy the home of your dreams in Palm Springs.

Photo courtesy of Flickr

About the Author:

Harold Watts of Scott Lyle Realtors has been a REALTOR in Palm Springs since 1999. Focusing on the 2nd & Vacation home market, Harold has been helping Real Estate Buyers and Sellers achieve their real estate goals. If you want to know what is happening with the Palm Springs Real Estate market, give Harold Watts a call at 760-218-8209 or email him at Harold.ScottLyleRealtors@gmail.com

Palm Springs Calendar of Events for November 2009

The fun and festivities of Halloween have come to a close in the city of Palm Springs. Last night, Downtown was packed with many people celebrating the one night they can be who they want to be & forget about the problems in their life and the world. I saw people dressed as pirates, drag queens, the Colorado "Balloon Boy", and a multitude of Hollywood celebrities.

Now that the revelry has died down and people still trying to tak off their makeup, it is the time to start going through my recipes and start planning the annual Diebley-Watts Thanksgiving bash.

We usually will have 12-16people come over and enjoy good food, good conversation, and being grateful for all the good things in our lives.

Life in Palm Springs is not all about dinners and parties during the holidays, it is about getting out and participating in all the activities that this town has to offer.

Here is just a sample of what's happening in Palm Springs during the month of November 2009:

Nov 2nd- Palm Springs Follies- The 19th season of the Follies opens with “Let The Good Times Roll”

For performance schedule & tickets, go to psfollies.com

Nov 3rd- Palm Springs Local Elections- Go and cast your vote at the many polling

stations throughout the city. For locations of the different polling stations, go

to the Registrar of Voters website and search by zip code & street name.

Nov 5th- Palm Springs VillageFest- Every Thursday night 6-10pm in Downtown Palm

Springs. For more information, go to the website at palmspringsvillagefest.com

Nov 6-7th- Palm Springs Gay Pride Festival- The annual Palm Springs Gay Pride

Festival is being held at the Sunrise Park Stadium. For more information,

go to the Pride Festival website at pspride.org

Nov 7th- Palm Springs Gay Pride Parade- The parade starts at 10am. The route starts at

Alejo Rd., and ends at Ramon Rd. For more information, go to the Pride Parade

website at pspride.org

Nov 11th Annenburg Theatre- Rita Moreno, Academy Award winning actress, per-

forms her one-woman show at the Annenburg Theatre starting at 6pm. For tickets

and information, go to the website at psmuseum.org

Nov 11-14th- Palm Springs Air Museum- Veterans Celebration & 13th Anniversary. Join the Palm Springs Air

Musuem as they honor America's veterans. In addition to the T-34 air shows, they will be having

demonstrations of their P-63 and T-33 throughout the weekend, along with reenactments, activities for the

kids, and plenty of food vendors. For more information, go to the website at

palmspringsairmuseum.com

Nov 11th- Veteran’s Day Parade- Palm Springs celebrates Veteran’s Day with a parade.

The parade starts at 3:30pm, on Palm Canyon Dr. in Downtown Palm Springs.

Nov 20th-22nd- McCormick’s Classic Car Auction- Drool over you favorite cars from the

50’s, 60’s, & 70’s. The auction is being held at the Spa Resort Hotel. For

more information, go to the website at classic-carauction.com

Nov 26th- HAPPY THANKSGIVING!!!

Nov 27th-29th- Desert Arts Festival- See over 100 artists exhibit their work at Frances Stevens

Park. The park is located at the corner of Alejo Rd. & N. Palm Canyon Dr.

The hours of the festival are 10am-4pm.

About the Author:

Harold Watts of Scott Lyle Realtors has been a REALTOR in Palm Springs since 1999. Focusing on the 2nd & Vacation home market, Harold has been helping Real Estate Buyers and Sellers achieve their real estate goals. If you want to know what is happening with the Palm Springs Real Estate market, give Harold Watts a call at 760-218-8209 or email him at Harold.ScottLyleRealtors@gmail.com

Dead Owner Chooses Buyer- A True Halloween Real Estate Story

Amityville Horror House

To get into the spirit of the Halloween Weekend that is upon us, I wanted to re-tell my own "haunted house" story that I wrote about a 1 1/2 years ago here on ActiveRain. It's not exactly "The Amityville Horror" scary, but it is an experience I will never forget. Let me set up the story for you. I was reading a featured article written by Shirley Byrd-Solem of Roseburg, OR, and the title was "And Someone Was Murdered in my Garage"

Her story was about a home she had sold to her buyers and the call she gets 1 year later. The buyers inform Shirley that the neighbors told them that there was a murder committed in the home.

Nothing was in the original disclosures, Shirley calls the listing agent, who contacts the previous owners, and they don't know anything about a murder. The police are called, and they tell Shirley that there was not a crime committed at that address. The buyers are informed, and everything is fine.

A few months later, Shirley gets another call from her buyers. They inform her that they have been "hearing things at night", sleep disturbances occurring, and the family has been sick. Another call is made to the police department about the house, and it turns out that there was a murder in the home 5 years prior to them moving in.

This story got me thinking about one of my first listings that I procured nearly 10 years ago. It was a golf course condo in Palm Springs, and the estate was being handled by the attorney. The owner of the home was named Betty, and she recently passed away from lung cancer. Her husband had passed away several years before.

One of the first questions I asked, "Did either of the owners die in the home?" The attorney answered no, and I received the keys to the condo.

I opened the door and I understand why Betty died of lung cancer. The smell of stale cigarettes is overpowering.

I stepped into the condo and rush of cold air enveloped me. The hairs on the back of my neck stand up, and a chill went down my spine. The next thought that pops into my head is "I have to clean the patio" I grab a broom and I start sweeping.

After leaving the condo, I'm walking to my car and I run into one of the neighbors. I introduce myself as the Realtor, and the neighbor starts talking about Betty.

She tells me how nice Betty and her husband were, how long they lived there, and that Betty was a neat freak. She also informed me that her favorite spot of her was the patio. She kept it immaculate. I just cleaned the patio.

Now I start hearing the Twilight Zone song playing in my head.

Normally, I don't believe in the paranormal but strange things started happening. When potential buyers would come into the home, they also felt "the cold". Doors would slam shut when there was not any wind. And on several occasions, people were nearly hit with golf balls while standing on Betty's patio.

The condo was not selling after 2 months, and I was in a quandary.

I was talking to a friend about what was happening at the condo, and he told me about a woman he knows, who is "in tune with the spirits". I agreed to meet with her at Betty's condo to give me a "spiritual evaluation"

She immediately felt Betty's presence upon entering the condo. The "medium" informed me that Betty didn't "like" any of the people who were looking at her home, and that she couldn't let go. A ritual smudging needed to be performed.

The ritual of smudging can be defined as "spiritual house cleaning." In theory, the smoke attaches itself to negative energy and as the smoke clears it takes the negative energy with it, releasing it into another space where it will be regenerated into positive energy.

We wrap together pieces of lavender and sage, light it with a match, and we go through every room to cleanse & purify the home. The ritual of smudging and chanting lasts for about 45 minutes.

2 days later, I show the home to a lovely couple from the East Coast. They immediately fall in love with the condo, especially the view from the patio. I silently "speak" to Betty and tell her that these people love & will take care of your home.

I told the couple about Betty, the smudging, everything. Later that day, a contract was signed & escrow was opened. Betty had chosen the owners of her home.

The moral of my ramblings: Whether you bury a St. Joseph's statue in the yard, perform a smudging or exorcism, we Realtors do what we have to do to get a home sold. Happy Halloween!!!

Pictures are compliments of Flickr

About the Author:

Harold Watts of Scott Lyle Realtors has been a REALTOR in Palm Springs since 1999. Focusing on the 2nd & Vacation home market, Harold has been helping Real Estate Buyers and Sellers achieve their real estate goals. If you want to know what is happening with the Palm Springs Real Estate market, give Harold Watts a call at 760-218-8209 or email him at Harold.ScottLyleRealtors@gmail.com

A Palm Springs Thanksgiving- Gratitude, Balance & Serenity

The holidays are a time of reflection for me. It is a time to think of where I've been, and where I want to go in the future. Thanksgiving is one of my favorite holidays. It's a time to give thanks for everything I have, no matter how much or how little. It's a time to celebrate and share your life with the people most important to you. I call this my Season of Gratitude.

I celebrate all the wonderful things in my life: friends, family, and health. I am very grateful for everything I have in my life. It's not about how many "toys' I have or how much money has been made, but the peace & serenity that has taken me most of my life to find.

Given the current economic climate, it has been difficult for me sometimes to look at the positive side of life. But I have to remember to that there are others who are suffering much more than I am.

My friend Sean, and his partner Jason, plan the entire Thanksgiving menu, while Jeff (my partner) and I supply our home for the festivities. There's turkey, ham, oyster dressing, and my world famous Roasted butternut squash soup. We invite all of our friends, and people who may not have anywhere to go during the holidays.

Last year, we had 16 people at our home, and but this year I anticipate a smaller crowd as people are staying closer to home. Its all about food and good times with the ones I love.

Creating balance with work and my life during the holidays can be a challenge, but not impossible. Time management skills are imperative, and sometimes saying "No" to people is a must. We can't be everything to everyone.

Here are some of my ways I will maintain my Holiday Balance (or sanity):

  • Giving Back to the Community- Being grateful means giving back to the communities we live in. I give food to the local food banks (Well in the Desert) to feed the homeless and the the less fortunate of our community. As a kid growing up growing up, it was the Salvation Army that helped my family when we hit one of "life's little bump in the roads" I have never forgotten this.
  • Set Boundries With My Clients- I set clear boundries with my clients on when I will be available for business, and when I am not. Realtors are professionals, and should treat their business as such. Try calling your Dentist or your Lawyer and say "I going to be in your office in 15 minutes to see you" and they don't have an appointment. See how far you get with that one.
  • Take Time for Yourself- With the onslaught of holiday parties & events, one must make time for yourself. Take the time to refocus & re-energize your life. Whether it's a day at the spa, riding a bike, or reading a good book, take the time to be good to yourself.

So during this holiday season, remember what's important in your life. Grab your wife, husband, your kids, your life partner, and give them great big hug and tell them how much you love them. Find the balance in your life during the holidays, and just remember how blessed you are. The economy will turn around and our businesses will flourish once again. Happy Thanksgiving to everyone!!!