MORE Evidence of a Housing Recovery: Building Permits on the Rise

building permit stats

Reprinted with PermissionFilings for the most building permits in three years bode well for the nation’s long-suffering housing market. Home builders are preparing for the upcoming construction season with cautious optimism.Issued to home builders as they prepare to break ground on a new work site, single-family permits are often seen as a barometer for the current state of the housing market. In February, the government reported the strongest reading since October 2008; which marked … [Read more...]

Riverside County Home Sales for March 2012

Riverside County March 2012 Sales

Here are the March Sales for Riverside County.  … [Read more...]

Foreclosure Sales Continue to Plummet

There Really IS Something About Mary!

Guest Blog post from newsletter - Foreclosure RadarFor the second month in a row we've seen a dramatic drop in the number of properties sold at foreclosure, or "trustee sale", auctions. Foreclosure sales in California are down 16.7 percent from February to March 2012 and down 53.1 percent from March a year ago. A total of 86,487 sales were scheduled to occur in California, but of those 80.0 percent postponed, and 10.6 percent were cancelled, leaving just 8,392 that were actually sold. Third … [Read more...]

Tax Payer Relief Act – There are advatages for owning two homes!

There Really IS Something About Mary!

Many people had thought against marrying or remarrying for tax purposes due to the lack of tax advantages for home ownership.  However, recently the tax advantages changed greatly so this isn't a reason to stay single anymore.Many year ago, each person over the age of 55 was allowed a one-time tax exclusion of $125,000 on the sale of their personal residence.Those who entered into a new relationship already owning a home would choose to sell one of the homes before remarrying.  At that … [Read more...]

Happy Easter!!

happy-easter peace dove and eggs

  … [Read more...]

3 reasons why it’s a good time to list your home in the Desert!

Ask Mary About PGA WEST Palmer Private

February was the eight month in a row where the sales of homes and condos have increased in the Desert. Much of the sales were contributed to distressed homes at bargain prices, but those have to get off the market before we can really see a real estate turn around.According to a recent article in the Desert Sun, “There are a lot of bargain hunters, a lot of cash buyers,” said Kevin Stern, president of the Palm Springs Regional Association of Realtors. “But there are also a lot of … [Read more...]

Has it been FIVE years?

d0ef_back_to_the_future_mark1_delorian

Think back how you were feeling about the economy five years ago .... it was a pretty dark time, wasn't it? Well - fast forward those five years and now according to a survey by Thomson Reuters/University of Michigan, Consumer Sentiment Index IS the highest since 2007!The job outlook is much more optimistic than it was back five years ago and is actually turning the economy in the right direction. Since the first of the year, there has been an uptick in job growth and more are joining the … [Read more...]

Housing is starting to Stabilize!

What great news!! California is off to a great start for housing sales for 2012! Prices are starting to stabilize and there are many cash buyers. The supply of home inventories are not as many months as they have been in the past. It is an even better report than it was last month.Things are looking better and better!! Contact me to see how our real estate market effects you! … [Read more...]

Old Town La Quinta Activities You Won’t Want to Miss!!

Taste+of+LQ+2012

3rd Annual Taste of La Quinta As mentioned in my March Newsletter, this was previously scheduled for March 17th, but due to our high winds, it has been rescheduled for Saturday APRIL 7th! Same time 1 pm to 4 pm at the Old Town La Quinta Event Lawn.March 31st is the LAST Art Under the Umbrellas!! Next Saturday, March 31st, is the last day for Art Under the Umbrellas in Old Town La Quinta for 2012. This was their 30th Anniversary for the La Quinta Arts Foundation.  … [Read more...]

Riverside County February Sales

Riverside County February Sales

For Printable Copy … [Read more...]