The Monday Minute

July 19, 2021

The Monday Minute - July 19, 2021

 

We are definitely starting to see a shift in the Palm Springs area real estate market. The number of homes available for sale has been rising over the last few weeks.

That rise has been driven primarily by a reduction in buyer activity as listing activity is still below ...

View More
July 12, 2021

The Monday Minute - July 12, 2021

 

Do this week's numbers signify a shift in the Palm Springs area real estate market? We'll be watching the numbers in the coming weeks to see if the hot seller's market continues.

Scroll down to view the charts from this update, and you'll find our ...

View More
July 4, 2021

The Monday Minute - July 5, 2021

New listings, closed escrows, and average selling prices were up this week in the Palm Springs area. Will inventory start its return to normal? Find out with our weekly update every Monday.

Scroll down to view the charts that accompany this update, and don't hesitate to call if you ...

View More
June 27, 2021

The Monday Minute - June 28, 2021

 

The Palm Springs real estate market has entered a "new normal" characterized by near-record low inventory, strong buyer activity, and rising prices. This trend has continued over the last 3 months and there is currently no indication this will change.

Scroll down to view the charts from this video ...

View More
June 20, 2021

The Monday Minute - June 21, 2021

The Palm Springs real estate market continues to be great for sellers and challenging for buyers. Home selling prices are continuing to trend upwards driven by low inventory and strong buyer demand. 

Homes are selling well at all price points and the luxury market is seeing strong sales as ...

View More
June 13, 2021

The Monday Minute - June 14, 2021

 

We're still in a strong seller's market in the Palm Springs area, but the number of homes for sale is down over the last 3 months, as are new escrows. Selling prices are remaining stable as we move into the summer selling season

Will inventory return to ...

View More
June 6, 2021

The Monday Minute - June 7, 2021

 

New listings are trending slightly downward in the Palm Springs area over the last few weeks, but inventory is remaining stable. Part of that is due to a slightly reduced number of new escrows.

Will that trend continue? Come back each Monday to find out, and don't forget ...

View More
May 31, 2021

The Monday Minute - May 31, 2021

Inventory remains near record lows as we move into the summer selling season in the Palm Springs area. As a result, selling prices remain higher than normal and it’s still a challenging market for our buyers.  

If you're looking for a home in the Palm Springs area ...

View More
May 23, 2021

The Monday Minute - May 24, 2021

 

The Palm Springs real estate market continues to show strength. The average sale price rose 10.1% this week and inventory is lower than it was a month ago. Will this trend continue? We're watching the numbers every week so you'll be the first to see any ...

View More
May 16, 2021

The Monday Minute - May 17, 2021

 

Conventional wisdom says that our low inventory is due to people afraid to list their homes for sale during COVID. But the numbers don't bear that out. Find out what's really causing our inventory shortage.

 

And don't forget to scroll down to view all of ...

View More