Say “Good-Bye” to 2018. Get a Fresh Start! Welcome 2019!

 

It’s that time of year … we reflect on the year that was … and we look forward to the year ahead. 

 

When we reflect on our local real estate market, it’s been a fantastic year for sellers, with strong buyer activity resulting in homes selling faster and at higher prices than the year prior.  And while inventory is low, buyer’s are still finding fantastic homes at prices that make them a really good value. 

 

Our business has been strong this year  — our team successfully closed 37 transactions in 2018 for nearly $16M in sales — and we are looking forward to another busy year in 2019. We appreciate the trust our sellers and buyers have put in us, and to everyone who has referred business to us last year, we say a big “Thank You”!

 

As more people discover the beauty and active lifestyle of our many desert communities, our communities become more vibrant. Whatever your interests, you’re sure to find plenty to do as we move into the new year. January kicks off our high season with a variety of quality shows, concerts and sporting events ...  we wish everyone all the best in the coming year!

 

International Film Festival, Jan 3-14

 

Palm Springs kicks the season into high gear each year with their internationally acclaimed film festival, and the 30th year of the film festival promises to be it’s best ever! Showcasing over 200 films from 60 different countries, there’s something for everyone! And don’t miss the awards gala where award recipients, Spike Lee, Glen Close, Olivia Colman, Bradley Cooper, Rami Malek and others will grace the stage. 

 

Click HERE for the Film Festival event calendar and tickets. 

 

Sunday Polo @ Empire Polo Club, Jan 6 - Mar 31

 

It’s back! There’s nothing like a relaxing afternoon watching some the world’s best polo players at the Empire Polo Club on a Sunday afternoon. You can bring own food and beverage and tailgate, or opt for the VIP experience — for only $30 per ticket - which includes a reserved seat in the shade and available food and beverage service.

  

Click HERE for more information on the Empire Polo Club and to buy tickets.

 

Desert Classic Golf Tournament, Jan 16-20

 

The Desert Classic golf tournament — formerly known as the Career Builder — returns to the desert this month. Featuring play by some of the world’s best on the PGA West’s Stadium & Jack Nicklaus Tournament Resort Courses, and the La Quinta Country Club, this year’s event includes classic rock from Sammy Hagar on Jan 18 and Bad Company on Jan 18

 

Click HERE for more information and to purchase tickets to the tournament.

 

Salton Sea Bird Festival, Jan 19 - 20

 

Bird watching enthusiasts make note! The annual Salton Sea Bird Festival takes place this month and it’s your chance to observe many of the over 400 species of birds that make the Salton Sea their permanent or winter home! Birding is available by land or kayak.

 

Click HERE for more information.

 

Kennel Club of Palm Springs Dog Show, Jan 5-6

 

Kick off the new year with the first big dog show of the season. Featuring more than 170 AKC-recognized breeds, judging starts at 8am, admission is $10, and parking is free. Held at the Empire Polo Grounds.

 

 

For more information on the dog show click HERE.

 

Rancho Mirage Writer’s Festival, Jan 30 - Feb 1 

  

Often described as “Coachella for the Brain”, the Rancho  Mirage Writers Festival brings over 50 authors to the Rancho Mirage Library for 3 days of talks and story telling by a wide range of authors, including well known names Governor Jerry Brown, Sally Field, Susan Eisenhower, Maureen Dowd &  Tom Hanks. The event is currently sold out, but you go online to join the waitlist.

 

Click HERE for more information and to join the waitlist.

 

Guys and Dolls, Jan 18 - Feb 10

 

Set in Depression-era Times Square, Guys and Dolls is about a couple of big city gamblers and the women who love them. Catch this classic musical at the Palm Canyon Theatre.

 

For tickets to Guys and Dolls click HERE.

 

 

Home Sales Down, Inventory Woes Ease, Sale Prices Continue Their Rise!

 

December is often the slowest month for home sales in the Palm Springs area, and we experienced the typical slight downturn in sales that comes as many of our buyers turn their focus to family for the holidays.

 

Inventory constraints showed improvement for the third month in a row, with the number of homes available for sale (-8.6%) below November of last year … much lower than the (-25.0%) we had seen over the summer. The number of homes sold is down slightly (-9.1%), not unexpected for this time of year, while average selling prices rose nearly (+11.5%).

 

 

Trendvision’s® most recent year-over-year, November 2018 vs. November 2017 Report show that the largest increase in home sales last month once again took place with mid-range homes priced $500,000 to $999,999, with a (+24.8%) increase.  

 

Home sales in the Under $499,999 price point dropped by (-16.8%) while the $1M+ price band saw a (-8.6%) drop in sales, but average selling prices in both of these categories rose by (+7.1%) and (+11.9%) respectively.

 

For more information on specific cities go to Desert Market Update, or click here for information on a specific city: Send Me A City Report.

     

Give us a call at (760) 625-7229, or visit www.thehamiltonregroup.com, for an easy-to-use home search, and for information on how we can help you with all your important real estate needs.

     

 

The Hamilton Real Estate Group is evolving to meet all of our customer’s real estate needs. If you are ready to sell, call or email us, or for a FREE instant home valuation report, click here: What's My Home Worth?

 

Selected Best Concerts and Live Performances In January

 

 

McCallum Theatre

  • Lily Tomlin, Jan 12
  • Jersey Boys, Jan 15-20
  • Ségio Mendes, Jan 23
  • Bernadette Peters, Jan 24
  • The Wizard of Oz, Jan 25-27
  • Paul Anka, Jan 31

 

For more information and tickets click HERE.

 

Fantasy Springs

  • Back to the 90s (Vanilla Ice, Coolio, Tone Loc, C+C Music Factory), Jan 12
  • The Temptations & the Four Tops, Jan 19
  • Kenny G, Jan 25

For more information and tickets click HERE.

 

Agua Caliente Casino

  • Burt Bacharach, Jan 12

For more information and tickets click HERE.

 

Morongo Casino

  • Bell Biv Devoe, Jan 4
  • Evelyn “Champagne” King, Jan 11

For more information and tickets click HERE.