The Lori Bowers Group Desert Properties
Come see what Old Town La Quinta has to offer. You won't be disappointed! Old Town offers restaurants, Farmers Market, Art Under the Umbrellas, moonlight movies, La Quinta Playhouse and a unique shopping experience. There is something for everyone in Old Town La Quinta. For more information visit www.oldtownlaquinta.com.
La Quinta's median single-family home price is reporting at $393,000 this week. The median price per square foot is $198 and average days on the market are 119.
Reports show inventory is tightening and days on market are falling. The Market Action Index shows demand is heating up.
Prices appear to have settled but don't expect prices to significantly move from these levels anytime soon. It is still a buyer's market no doubt with several months of inventory still available. However, I am finding that there is not a lot of "GOOD" property available right now.
For a copy of the complete report, please email me.
Source: California Title Company, Altos Research Corp.
Search All Palm Springs Area Real Estate; Search Golf Course Homes
It doesn't get any better than this. Enjoy snow covered mountain tops and a warm, sunny blue sky! Where do you get all of this and more? Only in the Palms Springs area! There's no better time than now to buy with home prices down 40 - 50% in some areas. It is a buyers market right now! Don't miss your opportunity to own a piece of this paradise.
As of October 17, 2008 Palm Springs owners of vacation and event homes will have to register their home and pay occupancy taxes to the city of Palm Springs.
Owners will have 60 days to comply with the new regulations and register their homes with the city of Palm Springs. Some of the rules include:
Limits on number of people staying overnight and occupying the house during the day.
The owner or someone representing the owner must be available at all times and respond to complaints within 45 minutes.
Trash must be stored in city containers and only visible on Palm Springs trash collection days.
Each property's owner must pay bed taxes each month to the city.
For Palm Springs residents not complying with the new law, fines will start at $250 for the first offense and four or more violations within a two year time period could result in the vacation-rental certificate being revoked.
To find real estate in Palm Springs, please visit www.deserthotbuys.com.
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