New listings and buyer activity in the Palm Springs area remain consistent this week, but we are not seeing the normal seasonal increase in new listings. That is putting continued upward pressure on selling prices and making buyers compete for the best homes as soon as they hit the ...

New listings and buyer activity in the Palm Springs area have recovered after a rather dramatic slump over the holidays. Upward pricing pressure continues as inventory remains near record lows.

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The holidays have definitely impacted the Palm Springs real estate market. With big drops in new listings and new escrows, but a big jump in average selling prices.

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The Palm Springs area real estate market remains strong through this holiday season. The big issue is lack of available inventory, and that continues to drive up home prices and is making it a challenging market for buyers.

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Home prices are on the rise in the Palm Springs area are on the rise due to one overriding factor, the lack of available inventory. 

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Did we see a rebound in buyer activity after the drop over the Thanksgiving weekend? Watch our latest video to find out.  

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Last week was a holiday week for many people, and it looks like the Palm Springs area real estate market was on holiday as well! Virtually all numbers were down this week -- by a lot -- and that was likely a direct impact of our long Thanksgiving weekend.

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The Palm Springs area real estate market is showing no signs of cooling down. While inventory remains low, buyer activity bounced back this week with a +23% increase in new escrows, and closed transactions were up +49.6%.

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This week the story remains the same ... inventory constraints continue and selling prices continue to trend upward. A slight post-elections slowdown in sales was expected, and we saw that

I would expect that to be a temporary situation as many buyers continue their exodus from the big cities, and historically ...

Will we experience the typical post-election dip in sales in the Palm Spring area real estate market? Watch our weekly update to find out!

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