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Hello from sunny, and currently windy Palm Springs! I hope this newsletter finds you and your loved ones in the best of health and spirits! Oh what a first quarter it has been! It seems as though everyone is wanting to call the Desert home, so much so that Disney has decided to build a 24 acre residential housing development right here in Rancho Mirage. https://www.storylivingbydisney.com/cotino.html As we move into the 2nd quarter, the local housing market remains steady and strong. Yes, interest rates have increased; however our local market is heavily driven from our SoCal buyers located in Orange and LA County along with your typical Resort market buyer. I am seeing more inventory come on market and I anticipate this trend to stay through the second quarter as folks are taking advantage of the equity in their home along with moving forward with their plans pre-2020. If you have any questions about the local housing market or real estate in general, please feel free to reach out as I would love to chat :) Sending you my warmest regards, Amirah |
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Desert Housing Report Check out these numbers! |
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On April 1 st Valley inventory stood at 678 units. This compares to 742 a year ago. There was no seasonal increase in inventory this year, something that usually happens between October and April. |
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A great article in The New York Times, regarding the short term rental craze in Joshua Tree. A short-term rental gold rush is fueling concern for the area’s signature trees and debates about whether the nature of life in the desert of southeastern California is changing forever. |
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Local Events |
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5 Things to Do in Greater Palm Springs This April (That Aren’t So Typical) With sunshine year-round and mesmerizing mountain ranges, the desert is the perfect destination for a springtime escape. But this warm-weather region isn’t just all golf courses and pools—Greater Palm Springs plays host to a slew of exciting springtime events! Read more here for our five favorite things to do in April (that you probably didn’t know about). |
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April is Music Festival Month in the Desert April is music festival month in the desert anchored by Coachella and Stagecoach, but don't forget the WhiteParty Palm Springs and SoundCheck Earth in Joshua Tree. Read more here for more events to attend. |
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Active Rentals |
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