Nov. 14, 2018

Palm Springs Area Home Prices Continue to Rise!

 

Inventory Constraints Continue to Ease, Sale Prices Continue to Rise

As we enter into our busiest time of year, we are seeing modest improvement in inventory levels, solid sales numbers, and a continued rise in average sale price.

 

Inventory constraints showed improvement this month, with the number of homes available for sale (-13.3%) below October of last year. That number is an improvement over the (-15%) we experienced the prior month. At the same time, the number of homes sold remained stable, while average selling prices rose nearly (+8%). 

 

Trendvision’s® most recent year-over-year, October 2018 vs. October 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 (+15.9%) increase.  Home sales dropped slightly in the Under $499,999 price point, but average selling prices in both of these categories rose last month. 

 

Homes in the $1M+ price range saw a (+8.3%) increase in number of homes sold and a substantial drop in the number available for sale, down (-15.3%), while average selling price remained virtually the same as the same time last year.

 

Low Inventory Eases yet Homes Are Selling Quicker. Our Local Market Stays Strong!

Let’s look at the three key market indicators, Average Sold Price, Number of Homes for Sale, and Number of Days on Market, for a good snapshot of the Palm Springs area real estate market and, its overall health.

  • Average Home Sold Prices rose overall in the Palm Springs area by (+8.1%) over the same month last year. The under $500,000 price range saw the biggest increase, (+6.9%) over October of last year, and the $500,000-$999,999 price range saw average selling prices rise (+3.0%). 

  • Number of Days on Market dropped (-13.5%) overall compared to October of last year, with the biggest change in the $500,000-$999,999 price range, with a (-23.7%) reduction in Days on Market over the same period last year. Homes priced $1M+ took longer to sell, with Days on Market rising by (+34.8%) to 151 days.

  • The Number of Homes for Sale, recently at a 5-year low, was (-13.3%) lower than October 2017. For homes priced up to $499,999, inventory was (-17.9%) lower than last year, and buyers looking in this price range are finding it challenging to find good properties that meet their needs.

While inventory woes have eased somewhat, as we have seen all year, buyers have fewer homes to choose from, and sellers are finding they can command higher prices for their homes if they are in good condition and properly priced.

 

Find your perfect desert home here: www.FindYourDesertHome.com 

 

City Standouts! What’s Up and Who’s Down?

 

 

Last month, as indicated above, the Number of Homes Sold in October 2018 vs. October 2017 were down in all but three of the cities, with an increase in the number of home sold in: Rancho Mirage up (+44.7%), Palm Desert up (+0.7%), La Quinta up (+11.6%). The largest percentage decline in home sales was in Bermuda Dunes (-36.4%) followed by Indian Wells with (-13.3%).

 

When looking at Average Sold Price, Bermuda Dunes saw the largest percentage increase with a (+33.2%) rise in average selling prices, with La Quinta and Indio following behind with (+15.9%) and (+13.3%) increases respectively. The largest drop in average selling prices last month was Rancho Mirage with a (-12.0%) drop in average selling prices.

 

The Number of Days on Market decreased by over 30% for four cities … Palm Desert (-35.2%), Bermuda Dunes (-34.5%), Rancho Mirage (-33.3%), Indian Wells (-32.5%) … with La Quinta and Coachella seeing an increase in time to sell of (+31.5%) and (+24.5%) respectively.

 

If you'd like a detailed market report for a specific city, just click here: 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?

Nov. 4, 2018

Cathedral City - Living Life in the Open Air

Are you looking for a place to get away for a weekend, a night, or a few weeks or months out of the year? You may be looking for an affordable yet chic place close to home, or a place to spend family vacations or couples getaways near popular Palm Springs. Cathedral City, known locally as “Cat City,” is nestled between Palm Springs and Rancho Mirage in the spectacular Coachella Valley of Southern California. The San Bernardino, Santa Rosa, San Jacinto, and Little San Bernardino mountains surround the valley in soaring natural rock; the city is named for Cathedral Canyon’s glorious rock formations which reminded Colonel Henry Washington of a cathedral in 1850.

Amenities

Cathedral City got its start in 1925, and was home to Depression-era nightclubs, including the famous Dunes. Cathedral City experienced a revitalization in 2005, including a new city hall, the Mary Pickford theater, and 130 acres of shopping areas. The Pickford theater carries on the tradition of bright, desert architecture and modern amenities, including a bar and deli. Cathedral city is home to popular golfing destinations, including the casual Cimmaron and the luxurious Desert Princess. The Date Palm Country Club is nearby, designed by Ted Robinson with 3,100 yards of golfing pleasure.

Lifestyle

Cathedral City lifestyle is geared toward families and couples, with so much to do for both. Desert lifestyle is present in outdoor activities like luxury golfing, canyon hiking, and sports. Suzanne Somers grew up in Cathedral City, and Robert Duvall, Martin Landau, and Timothy Bradley (welterweight champion) spent time here. Frank Sinatra is buried in the Desert Memorial Park cemetery, as are Jane Wyman, William Powell, and Sonny Bono. Lalo Guerrero lived in Cathedral City, as well. With such a rich cultural and historical background, it’s no wonder Cathedral City has become a destination for more than snowbirds.

Key Attractions

Cathedral City’s picturesque Hot Air Balloon Festival is coming up on November 16th-18th. Kaleidoscopic color blazing out of the striking desert landscape is a view not to be missed. The festival is a local tradition welcoming visitors and new residents with a Food Truck Mash-Up, Balloon Glow and Breakfast, a Balloon Race, and a Swing Dance with Big Bad Voodoo Daddy at Mission Hills Resort and Spa. An outdoor market and hot air balloon rides are also included.

If you like to stay outdoors during the cooler months in Cathedral City, hiking the many stunning Canyons in the area is the perfect way to spend time with your family, spouse, or companion, enjoying Cathedral Canyon, Indian Canyons, Tahquitz Canyon, and the Cactus to Clouds Hike in the San Jacintos. Wrap up the day at the Coachella Valley Brewing Company in nearby Thousand Palms.

Real Estate Options

If you love Cathedral City as much as so many others do, and decide to purchase real estate in the area, options range from modern single family homes to low-maintenance condominiums with sweeping golf course and mountain views. 

Whether you’re looking for a perfect place to get away from the snow for six months out of the year or a relaxing, low-key vacation in an inviting yet historical place, Cathedral City’s current affordability and rapidly growing real estate market has what you’re looking for.

Call 760-625-7229 or email dan@thehamiltonregroup.com 

To explore neighborhoods and homes on your own, visit www.TheHamiltonREGroup.com 

The Hamilton Real Estate Group. Experience the Difference!

Oct. 29, 2018

Desert Lifestyle Report - November 2018

Celebrate in Style with Fall-themed, Fabulous Activities for All! 

Palm Springs is really the place to live and visit as the weather in other parts of the country starts to get colder and more unpleasant. Until springtime, the desert lifestyle reaches new heights, including classic car and home show events; art and musical performances; a popular pride parade and hot air balloons; comedy; and pickelball, horses, and craft beer. If you’re looking for entertainment, you’ve come to the right place! Venture out into the spectacular fall weather and experience everything the greater Palm Springs area has to offer...and then some! See you out there!!! 

 

HITS Coachella Desert Circuit Horse Show, Oct 31-Nov 11 

Experience eight weeks of the National Sunshine Series I and II and USEF premier-rated hunters and jumpers with prizes of almost $3 million at the best Southern California show grounds. Located in Indio.

http://www.hitsshows.com/national-sunshine-series/national-sunshine-series-510  

 

Palm Springs Pride Festival, Nov 2-4 

Experience one of the best pride festivals in the country with a parade and Pride Week. The whole she-bang kicks off on November 1st at 5:00 pm. The Spirit of Stonewall Street Party starts at 6:00 on the 2nd, and the parade in on the 4th.

https://pspride.org

 

National Pickelball Championships, Nov 3-11 

The Margaritaville Championships includes any and all previous medalists from other championships. The events are held in Indian Wells, California.

https://www.usapa.org/2018-usapa-national-championships/ 

 

Joshua Tree Improv/Comedy Festival, Nov 9-11 

Featuring award-winning stand-up comedy and improv troupes and workshops, the opening gala starts at 6:30, followed by THE VERY NICK & ZACH SHOW and Adam Yenser. Also featured are Jepherson Guevera, Jen Murray, and Patrick Bucher. Tickets are $15-$35.

http://jtimprovfestival.org/ 

 

McCormick’s Classic Car Show & Auction, Nov 16 

McCormick’s is a local family-run classic and exotic car business that sponsors this even every year. Friday is fee all day and Saturday and Sunday are $15 per day or $25 for both days. Tickets can be purchased at the gate. Call 760-320-3290 fore more information or go to http://www.classic-carauction.com.

http://www.classic-carauction.com/Auction-65

 

Desert Living Home Show, Nov 16-18 

If you’re looking to remodel, landscape, or redecorate a home in the Palm Springs area, this show is for you. It’s also great for builders in the Greater Palm Springs Area, contractors, and design pros who want to get the word out and offer great advice to clients. Helpful hints for homeowners abound and tickets are only $8.

https://desertlivinghomeshow.com

 

Props & Hops Craft Beer Festival, Nov 17 

Sponsored by Babes Brewery, Hot Purple Energy, and P.S. Resorts, this festival features more than 25 craft breweries, aircraft rides, food trucks, and live music. This one’s only for those over 21 years of age, and features a VIP hour from noon to 1 pm. General admission tickets are $40, and a vintage P-51 Mustang Ride will run you $1,895 (beer festival ticket included). A ride on a C-47 Skytrain is $225.

https://palmspringspropsandhopsfestival.com/ 

 

Star Party at the Monument, Nov 17 

Friends of the Desert Mountains and the Astronical Society of the Desert conduct sky tours and direct observations of the night sky through the Society’s telescopes and giant binoculars. This event is family-friendly and minors must be accompanied by a parent or guardian. For more information call 760-862-9984 or visit http://www.astrorx.org. All parties start at sundown.

https://www.visitgreaterpalmsprings.com/event/star-party-at-the-monument/287/

 

Hot Air Balloon Festival, Nov 16-18 

This annual Cathedral City festival features balloon rides, balloon glows, food trucks, concerts, and an outdoor market and runs for two days. It all kicks off at 5:00 a.m. in Big League Dreams Sports Park. Balloons are inflated from 5 to 6 and the races start around 7. Tickets are $12 and include hot breakfast. Balloon flight tickets are $200.

https://www.hotairballoonfest.com/ 

 

22nd Annual Palm Springs Veterans Day Parade, Nov 11 

http://www.palmspringsca.gov/government/departments/parks-recreation/18th-annual-palm-springs-veterans-day-parade 

 

Stunt Dog Experience, Nov 4 

Christ Perondi’s Stunt Dog Experience is held at the McCallum Theatre and features both human and dog performances for all ages. Big air stunts, comedy, dancing, and athletic feats will all be a part of this fantastic show -- but please don’t bring your own dogs. Tickets are $10 to $25. 

http://www.mccallumtheatre.com/index.php/shows/2018-2019-season/all-shows/stunt-dog-experience 

 

 

Inventory Shortages Eased a Bit, But Strong Sales Continued Last Month 

While inventory was still (-15%) below September of last year, that number is an improvement over the (-25%) we’ve been experiencing over the last few months. At the same time, sales softened slightly, while average selling prices continued to rise. 

Trendvision’s® most recent year-over-year, September 2018 vs. September 2017 Report show that the largest increase in home sales last month took place with mid-range homes priced $500,000 to $999,999. Homes sales in this price range increased on average by (+21.9%) over the same period last year. 

The two other home pricing categories showed moderate declines in the Number of Homes Sold, (-9.3%) for homes priced Up to $499,999, and (-5.9%) for homes priced 1M+. At the same time, average sale prices rose slightly for homes under 1M, with the largest percentage price increase in homes priced up to $499,999, with a (+5%) increase in average selling price. 

Give us a call at (760) 625-7229, or visit www.DesertMarketUpdate.com to view the full Market Update Report.

To learn more about life in the different cities in the Palm Springs area, click HERE.

 

Selected Best Concerts and Live Performances

Don Henley, Nov 2
https://www.hotwatercasino.com/don-henley

Foreigner, Nov 10
https://www.hotwatercasino.com/foreigner

Paula Abdul, Nov 17 

http://www.fantasyspringsresort.com/prod/entertain/entertain.php#paula_abdul

Johnny Mathis, Nov 17
https://www.hotwatercasino.com/johnny-mathis

Lea Delaria, Nov 8 

http://www.mccallumtheatre.com/index.php/shows/2018-2019-season/all-shows/lea-delaria

The Ten Tenors Dates, Nov 20-25 

http://thetentenors.com/tourdates/the-ten-tenors-us-tour-palm-desert-ca-2/ 

The Hamilton Real Estate Group. Experience the Difference!

 

 

Oct. 18, 2018

La Quinta - Life Simply Extraordinary

Are you looking for an amazing vacation spot or place for a second home in southern California? Well look no more! Rancho La Quinta, California (or La Quinta as it is more often known), has become a lovely, lively destination city in Riverside County for second vacation homes and retirement homes.

People from the West Coast, the Pacific Northwest, and even Canada are flocking to the Greater Palm Springs area city to experience everything it has to offer. La Quinta, the “Gem of the Desert,” features historic areas, zoos, gardens, recreation areas, spas, and golf clubs among other popular amenities. Situated in the spellbinding Coachella Valley and surrounded by the San Jacinto and Santa Rosa Mountains, La Quinta exists alongside Palm Springs, Palm Desert, Rancho Mirage, and Indio, and has a sparkling historical charm that pervades the quaint resort town. Below we’ve listed some amenities, details about the La Quinta lifestyle, and real estate options for buyers in the area. Dive right in and take a look! 

 

Amenities

La Quinta is known for its extensive, resort golf courses which are spread out among 42 swimming pools and a vast orchard of orange and grapefruit trees at the La Quinta Resort. If you’re just visiting and want to do more La Quinta is excellent for that. It’s also a hot place to buy property at the moment -- so get yours while you can! The Eldorado Polo Club, and the Empire Polo Club are also within five miles if you want to try something different. The Indian Wells Tennis Garden and Golf Club are also nearby, and the La Quinta Museum houses activities for kids, historic photographs, and information on La Quinta. The museum is focused on the Cahuilla First Nations people who originally inhabited the Coachella Valley area, and visitors to La Quinta call it a must- see. 

The Waldorf Astoria La Quinta Resort & Club is luxury at its finest with extremely well-appointed suites and Spanish-style casitas. Suites include bathrooms to die for, historic architecture fitting for La Quinta, plus fireplaces, separate living and dining area, private outdoor patios, and hot tubs. Some suites even have kitchenettes and private pools. The 1920s casitas and villas are even more private, with more space and outdoor fireplaces. Seven restaurants, an indulgent spa, fitness classes, and chic boutiques located onsite will keep you busy. If you don’t have enough time to explore everything, two of the leading real estate and leasing agencies in the area can help you live the resort lifestyle all year round. 

 

Lifestyle

The lifestyle in La Quinta is laid back and relaxed, more so than it’s Coachella Valley neighbors. The desert lifestyle is just as much about beautiful architecture and grounds as it is about experiencing culture and tradition -- and no place demonstrates this more than La Quinta. Old Town La Quinta is a historical part of town that brings Old California to life in its architecture and sleek outdoor shopping and dining area. This area will be you you’re looking for a perfect place to get away from the snow for six months out of the year or a lavish, Spanish-style vacation in an inviting yet historical place, La Quinta’s current affordability and rapidly growing real estate market has what you’re looking for. 

 

Real Estate Options

If you do decide to stay longer than a few weeks for vacation, there are many real estate options in La Quinta, ranging from luxury condominiums to million-dollar homes nestled at the foot of the sweeping mountain ranges that ring the Coachella Valley. Whether you’re looking for a perfect place to get away from the snow for six months out of the year or a lavish, Spanish-style vacation in an inviting yet historical place, La Quinta’s current affordability and rapidly growing real estate market has what you’re looking for. 

To see the most recently listed homes for sale in La Quinta, click HERE.

The Hamilton Real Estate Group is Your Key to La Quinta Homes and its Extraordinary Lifestyle

The City of La Quinta is a very special community. Contact Dan or Reuben to find out what makes this City so distinctive and one of the very best places to live in the Palm Springs area.

Call 760-625-7229 or email dan@thehamiltonregroup.com 

To explore neighborhoods and homes on your own, visit www.TheHamiltonREGroup.com 

The Hamilton Real Estate Group. Experience the Difference!

Oct. 12, 2018

Home Sales Remain Strong Going Into High Season!

Inventory Shortages Eased a Bit, But Strong Sales Continued Last Month

While inventory was still (-15%) below September of last year, that number is an improvement over the (-25%) we’ve been experiencing over the last few months. At the same time, sales softened slightly, while average selling prices continued to rise.

Trendvision’s® most recent year-over-year, September 2018 vs. September 2017 Report show that the largest increase in home sales last month took place with mid-range homes priced $500,000 to $999,999. Homes sales in this price range increased on average by (+21.9%) over the same period last year.

The two other home pricing categories showed moderate declines in the Number of Homes Sold, (-9.3%) for homes priced Up to $499,999, and (-5.9%) for homes priced 1M+.  At the same time, average sale prices rose slightly for homes under 1M, with the largest percentage price increase in homes priced up to $499,999, with a (+5%) increase in average selling price.

Low Inventory Eases yet Homes Are Selling Quicker. Our Local Market Stays Strong!

Let’s look at the three key market indicators, Average Sold Price, Number of Homes for Sale, and Number of Days on Market, for a good snapshot of the Palm Springs area real estate market and, its overall health.

  • Average Home Sold Prices fell for homes priced 1M+ to an average of $1,505,000, (-3.3%) less than last September. Prices rose by (+5%) and (+2.6%) over last year, for homes priced Up to $499,999, and homes priced $500,000-$999,999.
  • Number of Days on Market continue their downward trend this month. Homes Up to $499,999 saw days on market drop by (-13%) to 80 days, and continue to be our “best sellers”. Homes 1M+ sold in (-6.7%) fewer days on market, followed by Homes priced $500,000-999,999 selling in (-5.5%) fewer days. Overall, properly priced homes are selling in under 3 months throughout the valley.
  • The Number of Homes for Sale continues to remain low, with (-15%) fewer homes for sale than this time last year. We did see 121 new homes come on the market in September, a small (+4.6%) increase over the prior month.

All three of these indices reveal that, as we have seen all year, on average, there are still fewer homes on the market, and the ones that are sell quicker and at higher prices compared to September a year ago.

City Standouts! What’s Up and Who’s Down?

For the most part, as indicated above, the Number of Homes Sold in September 2018 vs. September 2017 were down in  about 1/2 of the cities, with four cities showing increased home sales: Rancho Mirage up (+21.8%), Palm Desert up (+2.3%), Bermuda Dunes up (+116.7%), and Coachella up (+6.7%). 

When it comes to Average Sold Price, Palm Springs stood out with a strong (+27%) increase over last September, and Coachella prices increased (+14.3%). Only Indian Wells and Rancho Mirage experienced decreases in sold price percentages.

The Number of Days on Market decreased for every city EXCEPT Bermuda Dunes, Indian Wells and Coachella. Double-digit percentage declines as high as (-29%) for Palm Desert, (-15.6%) for Rancho Mirage and (-14.3%) For La Quinta. Then there is (-9.2%) for Palm Springs, (-7.3%) for Desert Hot Springs, (-3.4%) for Cathedral City and (-2.5%) for Indio.

If you'd like a detailed market report for a specific city, just click here: 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?

 

The Hamilton Real Estate Group. Experience the Difference! 

Sept. 27, 2018

Desert Lifestyle Report October 2018

Throw Open the Doors, and Step Out to a New Season of Fun! 

Fall is here, and it’s time to call forth your friends and venture out into a new season of high times. For the next seven-months, the desert cities of the Palm Springs area will transform themselves into venues for perpetual, spectacular parties, festivals, grand prix sporting events, fashion and movie galas, Holiday jubilees and fiestas, unlike any other place in the world. So, what are you waiting for? Get Ready…Set…Go!!!

Modernism Week Fall Preview, Oct 18-21

Buy your tickets now. www.ModernismWeek.com

One of the most anticipated of the Fall events, Modernism Week Fall Preview is only a few weeks away.  Tickets have been on sale since August 1st, and it’s a safe bet that seats are booking fast. 

For lovers of all things modern and mid-century this 4-day event is an absolute must. Palm Springs is ground zero for all things modern and mid-century. Artists, architects and designers from all corners of the world come here to engage in the city’s historic architecture, art, fashion, furnishings and home décor. 

More than just, a passive experience true modernist enthusiasts get to immerse themselves in the actual living history of the post-war era modernism design movement. Shops, hotels, homes, restaurants, theaters, even commercial banks are material examples of the modernist movement and to this day are glorified by the City and its residents as an exemplary and iconic image they enjoy and deeply value. 

Modernism Week Activities – More than 50 Activities and Events

Modernism Week Fall Preview this year has over 50 activities scheduled including, popular mid-century and modernism architecture and design lectures, lavish cocktail parties at some of Palm Springs’s most iconic homes, bike, bus and walking tours of local mid-century modern architecture and buildings. For Modernism lovers, this 4-day event sparks a heightened level of energy and excitement that carriers them right through to Modernism Week in February.  

What do Bob Hope and James Bond Have in Common?

Bob Hope’s dramatic John Lautner-designed, 23,366-square-foot Palm Springs residence, although built in 1979 rises like a giant mushroom cloud high on the horizon. John Lautner is also famous for having built The Elrod House in 1968, an example of free architecture. Anyone that’s seen the James Bond film Diamonds are Forever will remember the scenes of the organic, mountain rock embedded living room, swimming pool and an interior room of the Willard Whyte's mansion. 

Highlighted below are just a few of the many amazing events taking place. Visit www.ModerismWeek.com for a complete schedule and tickets.  

  • La Vie En Rose: Modernism Week veteran designer Christopher Kennedy returns to Fall Preview with La Vie En Rose, a 1958 renovated home that backs up to the San Jacinto mountains in the posh Vista Las Palmas neighborhood. Tours run from 9 a.m. to 1:30 p.m. Oct. 19–Oct. 21. Cost is $30.  A sunset cocktail party is also planned for the home from 6 to 8 p.m. Oct. 20. Cost is $70.
  • H3K Design’s Green Gables: Designed by Palmer-Krisel and built in 1958 by the Alexander Construction Company, this three-bedroom, two-bathroom home sits at the gateway to the Twin Palm development and is undergoing a complete renovation by H3K Design.  It features walls of glass, dramatic ceilings and natural stone walls. This is the public debut of the house. Tours run from 9 a.m. to 1:30 p.m. Oct. 20 and Oct. 21. Cost is $30.

Home Tour with Vintage Car 

  • Cul-de-Sac Experience: At Canyon View Estates #4, this tour combines vintage automobiles artfully displayed on the driveways of six homes designed by William Krisel in a quaint cul-de-sac in South Palm Springs. Access to all homes will be provided on the tour. At 10 a.m. Oct. 21. Cost is $65.
  • Steel x Three Tour: A rare opportunity to visit three of the iconic Steel Development Houses (Steel #1, #2 and #4) designed by the architectural firm of Wexler & Harrison in 1962. The homes highlight the combination of architectural imagination and factory-built components that continues to inspire today. This tour is organized by the Palm Springs Preservation Foundation. From 10 a.m. to 1 p.m. Oct. 20. Cost is $50.

Parties - Folks in retro attire pose by the Sinatra pool during a Modernism Week event.

  • Mod Mirage’ Sunset Party: This is a rare opportunity to visit ‘White Shadows,’ one of the oldest hillside homes in Thunderbird Heights in Rancho Mirage. The home was designed in 1957 by Henry Eggers of Eggers & Wilkman (previously a partner with Gordon Kaufmann). ‘White Shadows’ has never before been open to the public.  From 5-8 p.m. Saturday, Oct. 21. Cost $100.
  • Moroccan Midcentury Modern:  Check out and learn about the recently renovated Sands Hotel & Spa in Indian Wells. The hotel was built in the 1950s but recently reimagined in 2018 by interior designer Martyn Lawrence Bullard. Includes a cocktail and a bite from the Pink Cabana, the hotel’s ultra-stylish new restaurant. From 2 to 4:30 p.m. October. 19. Cost is $60.

Popular Bus Tour

  • Premier Double Decker Architectural Bus Tour:  All weekend long these 2 1/2-hour tours showcase significant buildings as well as iconic homes.  Daily tours depart from the parking lot of H3K Home, 501 S. Palm Canyon Drive in Palm Springs. Modernism Week will have a box office there where attendees may purchase tickets to Fall Preview events. 
  • Lost, Saved & Endangered: Architectural enthusiast Gary Johns with the Palm Springs Preservation Foundation will discuss and detail the many architectural treasures in the Palm Springs area that have been preserved, destroyed or that face an uncertain future. At 9 a.m. Oct. 21 at the Palm Springs Woman’s Club.  Free but must RSVP in advance.

JOSHUA TREE MUSIC FESTIVAL, OCT. 4-7

 joshuatreemusicfestival.com

Ethereal and uplifting, the Joshua Tree Music Festival is filled with inspiring rhythms and beats from musicians sharing stories of their lives and experiences from around the globe. Each year the event grows larger as more people learn about the richness of diversity and talent that is uncommon most anywhere else. Today, more than 2,500 men, women and children descend on the high desert of Joshua Tree to play, sing and frolic under clear skies.  The festival is open to all, offering fun experiences for everyone in the family to enjoy, including: special child-friendly programs, yoga and healing sessions, art installations, local artisan and farm-fresh food vendors.  

Summer Heat Took a Toll on Palm Springs area Home Sales, But There’s More to The Story

Trendvision’s® most recent report of year-over-year August 2018 vs. August 2017 show that home sales increased on average by (+5%) for mid-range homes priced $500,000 to $999,999. 

The two other categories showed declines in the Number of Homes Sold, (-8%) for homes priced Up to $499,999, and (-19%) for homes priced 1M+.  While this seems like it is significant, the fact is that homes are still selling, and there are other market forces at play that provide a better indicator of the health of the real estate market in the Palm Springs area. 

Low Inventory, Higher Sold Prices, Fewer Days on Market. Signs of a Healthy Market

The market data that really counts, Average Sold Price, Number of Homes for Sale, and Number of Days on Market, offer us better insight into the underpinnings of the Palm Springs area real estate market and, its overall health. It also gives us a better perspective on where the market may be headed. 

Average Home Sold Prices were up for homes priced 1M+ reaching $1,979,000, (+17%) more than last August. Prices rose by (+6%) and (+5%) over last year, for homes priced Up to $499,999, and homes priced $500,000-$999,999.

Number of Days on Market was down significantly. Homes priced $500,000-999,999 took a dive of (-34%), homes 1M+ sold in (-23%) fewer days on market, and homes Up to $499,999 decreased days on market by (-11%) to 83 days

The Number of Homes for Sale also decreased by double-digits across the board. 

All three of these indices reveal that as in the past eight months, on average, there are still fewer homes on the market, and the ones that are, sell quicker and at higher prices compared to August a year ago.

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. 

October Entertainment Schedule 

Fantasy Springs Casino

  • Chicago |  6
  • Steven Ma & Nancy Wu |  13
  • Boz Scaggs |  19
  • Christina Aguilera |  24
  • Michael Flatley’s, “Lord of the Dance: dangerous Games |  26

For box office tickets click here Fantasy Springs Resort

Agua Caliente Casino

  • MY TAM-NGUOI HAY QUEN EM DI |  7
  • Sting & Shaggy |  12
  • HRAG & Friends |  13
  • Toby Keith |  27

For box office tickets click here Agua Caliente Entertainment

Morongo Casino

  • Becoming Kareem |  5
  • Regine Velasquez |  7
  • Tyler Henry |  26

For box office tickets click here Morongo Casino 

Spotlight 29

  • Amor Eterno |  6
  • Gran Baile Con Banda El Recodo |  20

For box office tickets click here Spotlight 29 Casino

McCallum Theatre

  • Aida Cuevas Totalmente Juan Gabriel | 2
  • Willie Nelson and Family | 15
  • 7th Annual Family Fun Day | 21
  • Marlinsky Orchestra | 24
  • Classic Albums live – Pink Floyd’s Dark Side of the Moon | 27

For box office tickers click here McCallum Theatre

Palm Springs VillageFest, Thursdays; Oct. 4, 11, 18, 25; 7:00PM-10:00PM; Downtown Palm Springs transforms into a diverse array of artists, artisans, entertainers, and purveyors of fresh fruits and veggies, flowers, jewelry, snacks and sweets. Palm Canyon Drive, Palm Springs. www.villagefest.org

College of the Desert Street Fair, Every Sat. & Sun. 7AM-Noon. Merchandise and services for all ages and any budget, the Street Fair offers more than 300 merchants, artists, Farmer’s Market, entertainment, food, and more. 43500 Monterey Ave., Palm Desert, 760-636-7957; www.codaastreetfair.com

The Hamilton Real Estate Group. Experience the Difference!

 

Sept. 22, 2018

McCallum 2018-2019 New Season of Stars and Spectacles!

McCallum Theatre  

73000 Fred Waring Drive, Palm Desert, CA 92260; Box Office Tickets are available by phone: (760) 340-2787 • Toll Free: (866) 889-2787 or at www.mccallumtheatre.com

Since its opening in January 1988 the McCallum Theatre has taken center stage as the most entertaining and influential cultural arts center in the Palm Springs area. The theatre has 1127- seats, superb acoustics and hi-tech sound system.  According to the Theater’s website, ticket sales consistently place the McCallum in the top 50 theaters in the world.  Its Education programs have served more than 400,000 local schoolchildren, educators and community members, while top entertainers praise the venue and its audiences

The McCallum Theatre’s mission is to entertain and educate the public by offering a variety of performing arts experiences that reflect the diversity of people, interests, and tastes of the Palm Desert/Palm Springs communities and constituents served by the Theatre.

It Took Hard Work, Dedication and Perseverance 

Hard as it is to believe, it took a group of Coachella Valley business, education and cultural leaders 15 years to make their vision of The McCallum performing arts center a reality. Serious fundraising began with thirteen sold-out performances by Fred Waring and, a $1 million contribution by local developer Terry Hahn. Things really began to pop when in the mid-1980’s former President Gerald Ford joined the board of directors and convinced Bob Hope to contribute.

All-star Opening Night Tribute to Bob Hope

Palm Springs Life was on hand to document the fever pitched excitement and energized performances. In the audience that night were many of the original Friends of the Cultural Center, Inc., notable celebrities, and politicos including, Ronald and Nancy Reagan, Gerald and Betty Ford, Walter and Leonore Annenberg. 

Van Cliburn Jr., American pianist who at the age of 23 won International Tchakovsky Piano Competition in Moscow in 1958, inaugurated the McCallum’s new Steinway piano. In typical fashion, Lucille Ball had guests teary-eyed from laughing. Sarah Brightman sang a tune from Andrew Lloyd Webber’s Phantom of the Opera a month before it opened on Broadway, and the Alvin Ailey dancers had everyone at the edge of their seats

A Spectacular 2018-2019 Season – October 2 – April 13  

The McCallum’s season kicks-off October 2 with Aida Cuevas Totalmente Juan Gabriel and ends April 13 with Chris Botti. In between, there are many amazing acts, shows and concerts, too many to mention all here.  Below is a list of upcoming acts for October. For months November through April, visit the McCallum Theatre box office and subscribe to our upcoming issues of The Hamilton Real Estate Group’s monthly Desert Lifestyle Report. 

October 2018 Shows

  • Aida Cuevas Totalmente Juan Gabriel | 2
  • Willie Nelson and Family | 15
  • 7th Annual Family Fun Day | 21
  • Marlinsky Orchestra | 24
  • Classic Albums live – Pink Floyd’s Dark Side of the Moon | 27

McCallum Box Office www.mccallumtheatre.com 

The Hamilton Real Estate Group is a Top Seller in the Palm Springs Area!

The Hamilton Real Estate Group specializes in the purchase and sale of the distinctive homes of the Palm Springs area, and are one of Coldwell Banker’s top producing real estate teams. 

If you are interested in learning more about Palm Springs, call Dan or Reuben at (760) 625-7229, and visit our website www.TheHamiltonReGroup.com to search for your new home. 

The Hamilton Real Estate Group. Experience the Difference!

Sept. 14, 2018

Fundamentals of a Seller’s Market Are Still In Play

Summer Heat Took a Toll on Palm Springs Area Home Sales, But There is More to The Story

Trendvision’s® most recent year-over-year, August 2018 vs. August 2017 Report show that home sales increased on average by (+5%) for mid-range homes priced $500,000 to $999,999. 

The two other home pricing categories showed declines in the Number of Homes Sold, (-8%) for homes priced Up to $499,999, and (-19%) for homes priced 1M+.  While this seems significant, there are other market forces at play that provide a better indicator of the health of the real estate market in the Palm Springs area. 

Low Inventory, Higher Sold Prices, Fewer Days on Market. Signs of a Healthy Market

The market data that really counts, Average Sold Price, Number of Homes for Sale, and Number of Days on Market, offer us better insight into the underpinnings of the Palm Springs area real estate market and, its overall health. It also gives us a better perspective on where the market may be headed. 

  • Average Home Sold Prices were up for homes priced 1M+ reaching $1,979,000, (+17%) more than last August. Prices rose by (+6%) and (+5%) over last year, for homes priced Up to $499,999, and homes priced $500,000-$999,999.
  • Number of Days on Market was down significantly. Homes priced $500,000-999,999 took a dive of (-34%), homes 1M+ sold in (-23%) fewer days on market, and homes Up to $499,999 decreased days on market by (-11%) to 83 days
  • The Number of Homes for Sale also decreased by double-digits across the board. 

All three of these indices reveal that as in the past eight months, on average, there are still fewer homes on the market, and the ones that are, sell quicker and at higher prices compared to August a year ago.

City Standouts! What’s Up and Who’s Down?

For the most part, as indicated above, the Number of Homes Sold in August 2018 vs. August 2017 were down in all cities EXCEPT, Cathedral City, up (+3%), and Indian Wells, up (+13%), and Desert Hot Springs, up (+20%). 

When it comes to Average Sold Price, La Quinta stood out with a whopping (+32%) increase over last August solds, and Thousand Palms prices increased (+26%). Cathedral City and Desert Hot Springs increased by double digits. Only Indian Wells, Bermuda Dunes and Rancho Mirage experienced decreases in sold price percentages.

The Number of Days on Market decreased for every city, EXCEPT Desert Hot Springs. Double-digit percentage declines as high as (-29%) for Palm Springs, (-22%) for Bermuda Dunes, Indian Wells and Palm Desert. Coachella and La Quinta sold homes quicker by (-19%) and, (-17%).

If you'd like a detailed market report for a specific city, just click here: 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?

The Hamilton Real Estate Group. Experience the Difference! 

 

Sept. 9, 2018

Palm Springs. Rich in Beauty and Diversity

Two hours east of Los Angeles and San Diego, Greater Palm Springs flows like an oasis along the base of the San Jacinto and Santa Rosa Mountains. Ragged eight-thousand foot pyramids rise from the Valley floor and serve as a breathtaking backdrop to the city of Palm Springs. With its large gatherings of palms, date and citrus trees laden with ripened fruit, the City is more reminiscent of an ancient oasis in Mesopotamia than the United States.

Throughout the day, sunlight and moon-glow transforms shapes, textures and colors minute by minute lulling all into a relaxed semi-transcendental state. From the moment you arrive in Palm Springs it is obvious why so many people choose to own a home there.  

Palm Springs History is Being Written by a New Generation 

During the previous few decades Palm Springs was considered a haven mostly for retirees, but within the last five years the downtown has turned a new leaf, and a younger more creative and energetic crowd has moved in.  Fueled also in part by a generation of work weary techies seeking weekend and vacation getaways, the city is bustling with renewed vigor and the temperature on fun has been turned way up! 

According to Palm Springs Life Magazine, not since the heyday of its Hollywood origins, when stars like Bob Hope, Frank Sinatra, Marilyn Monroe, and Elvis Presley roamed the streets, has there been such an explosion in local tourism, commercial, retail, and residential growth.

A new batch of entertainment industry types from Leonardo DiCaprio to Sia has once more made Palm Springs a favorite among fun and sun-seekers. They and high profile industry leaders like Larry Ellison, CEO Oracle (owner of the Indian Wells Tennis Garden) are investing into the Coachella Valley, and raising its profile in the national and international markets. This in turn is spurring further investment and giving rise in the downtown corridor to many new shops, hotels, restaurants and housing development.  An open, freedom loving mix of people and cultures, including the LGBT communities, hipsters, young families, and retirees, are giving rise to an enriched quality of life for all. 

See the latest Palm Springs homes available for sale at this link: Palm Springs For Sale.

Amped Up Modernism

Developers, home buyers and entrepreneurs are restoring and re-purposing Palm Springs 70’s era mid-century properties, and building new homes, high-end shops, hotels, cultural, and entertainment centers,  with a fresh, new contemporary look.

Homes in various organic shapes and those with clean linear lines are dominating the Palm Springs Homes and interior designs. Many home buyers are renovating the 1950’s and 60’s mid-century modern homes, maintaining the integrity of the home structure, but adding in more efficient and energy saving materials and appliances, finding ways to cut costs with solar and water-saving devices. 

People looking for the traditional desert homes—Mediterranean, Spanish and Mission styles will be glad to know that there are plenty of those both new and original to go around. 

Palm Springs Market: Low Inventory and Higher Prices

The growth and popularity of the Palm Springs housing market is making it difficult for home buyers. It may take more patience, time and a bigger budget than planned to get the home they are after. Fewer people are moving so the inventory of homes is low by comparison to years past. Because of this it is more important than ever, to work with a real estate agent that is very knowledgeable about the area, housing market and where to ferret out the better deals. 

Call Dan or Reuben for more information on how to find exactly the right home for you in Palm Springs and surrounding areas. 

Palm Springs Events – Like No Other in the World

Palm Springs is the epicenter of some of the world’s most amazing and entertaining events. From Fall to late Spring, there is no better place to be. The sheer number of activities, events, concerts and shows can make your head spin. The most frustrating of all, is not being able to get to all of them. 

With millions of people from every corner of the world make their way here to attend the most popular events. They plan their events a year in advance, so getting tickets to the best seats in the best events can take some planning. 

Some of the most popular events in and around Palm Springs:

  • Modernism Week Fall Preview October, and Modernism Week in February
  • Cinema Diverse: LGBTQ Film Festival
  • International Film Festival
  • ShortFest, Arthur Lyons Film Noir Festival
  • American Documentary Film Festival
  • Native American Film and Art Festival 
  • International Festival of Short Films
  • Tour de Palm Springs Cycling Benefit
  • Fashion Week at El Paseo

Find out what's happening this month in the Palm Springs area here: Palm Springs Events

Call Dan or Reuben. Let us show you how we can turn your real estate goals into reality.  760.625.7229 or email:dan@thehamiltonregroup.com

The Hamilton Real Estate Group. Experience the Difference!

Posted in Real Estate News
Aug. 31, 2018

Desert Lifestyle Report - September 2018

Sunnylands’ Free Outdoor Films on the Great Lawn. 

For Three Fridays in September, You Get to Enjoy Life Like a Celebrity!

Rancho Mirage is well-known for its exceptional homes and extraordinary lifestyles, and Sunnylands, home to former Ambassadors Walter and Leonore Annenberg, represents one of the finest examples of a sophisticated lifestyle.  U.S. Presidents and world leaders continue to meet there for conferences and international summits on matters of significant consequence.  

Sunnylands’ Films on the Great Lawn, Friday night outdoor movie series, offers us the opportunity to enjoy family, friends and amazing films in the same place where U.S. Presidents, Kings and Queens, Ambassadors, and celebrities of all kinds have come before us. How cool is that!   

Upcoming Film Highlights.

Sep. 14: The Eagle Huntress tells the story of a 13-year-old girl from a nomadic tribe in Mongolia takes on a traditionally male role by raising an eagle and teaching it to hunt for meat and fur. This 2016 film is the winner of nine film awards and was nominated for nineteen. Rated: G, Running time: 1 hour 27 minutes

Sep 21: The Birds, Birds suddenly begin to attack people in this classic, 1963 thriller from director Alfred Hitchcock starring Tippi Hedren and Rod Taylor. Nominated for an Oscar, The Birds is a winner of a Golden Globe and recipient of an Edgar Allan Poe Award. Rated: PG-13, Running time: 1 hour 59 minutes

Sep. 28: A Birder's Guide to Everything, a group of teenage birders embark on a quest to find a bird that’s thought to be extinct. The 2013 adventure film is a winner of two international film festival awards. Rated: PG-13, Running time: 1 hour 26 minutes

Films on the Great Lawn are presented in partnership with the Palm Springs International Film Festival

Bring lawn chairs, blankets, and small picnic items. Large coolers, alcohol, smoking, and pets are not permitted. Please see information about Sunnylands policies regarding pets and picnics. With limited parking, carpooling is strongly advised. Admission is free.

No reservations are required. Gate opens: 7:00PM; Film begins: 7:30PM; Sunnylands Center & Gardens, 37977 Bob Hope Drive, Rancho Mirage, CA 92270; 760.202.2234.

A Bit of Desert Star Gazing Brings the Kid Out in Us All! 

Observatory Tours • Stargazing Parties • Observatory Programs

With the many big time celebrities and movie stars trekking around here, we often forget that there are many more stars, billions in fact, swirling around just above our heads.  Thank goodness, the folks at the city and library of Rancho Mirage have thought about that, and with the construction of the Rancho Mirage Observatory, we get to remind ourselves of the exquisite beauty and symmetry of the world and universe that surrounds us.  

The Rancho Mirage Observatory is the first public telescope in the Coachella Valley. Located at the Rancho La Quinta Library, it is an automated state of the art research level Observatory offering professional and amateur astronomers the ability to view our Galaxy!

Go see for yourself! 71-100 HWY 111, Rancho Mirage, CA; (760) 341-7323; info@ranchomiragelibrary.org

In Indian Wells the Living is Easy...and, Classy!

The crown jewel of Coachella Valley, Indian Wells is the most visually striking and beautiful. It is a favorite global business and vacation gathering spot for executives, celebrities and athletes.

Indian Wells is home to four luxury hotel resorts, featuring acclaimed events, fine dining, spas, and recreation.  The Indian Wells Golf Resort offers two top-ranked 18-hole public courses. 

For tennis buffs, the 122-acre, Indian Wells Tennis Garden, owned by Larry Ellison of Oracle, is home to the BNP Paribas Open.

Homes and Neighborhoods of Distinction

The homes and properties of Indian Wells are stunning and steeped in luxury. From custom classics and inspired mid-centuries, to elegant contemporaries, homes there are as beautiful, as any imaginable.  

Equally impressive are the neighborhoods, lush with vibrant gardens and each oriented around either, a Golf, Tennis, or Spa Resort. The spectacular vistas of the Santa Rosa Mountains, makes it hard to believe that Indian Wells is real, and not just the backdrop of a movie set. 

View the most recent homes available for sale in Indian Wells at this link: Indian Wells For Sale. 

 

Cinema Diverse: LGBTQ Film Festival Sep. 22-25

Opening Night Screening: The Long Road to Freedom: The Advocate Celebrates 50 Years. Sep. 20,  7:30PM – 9:15PM  

Narrated by Laverne Cox with music by Melissa Etheridge, this moving documentary tells the story of LGBTQ lives through the pages, covers and first fifty years of THE ADVOCATE. The documentary focuses on major events and turning points in LGBTQ history through never-seen archival footage and engaging interviews with (Ricky Martin, Darryl Stephens, John Waters, Gloria Allred, Gavin Newsom, Dustin Lance Black, Margaret Cho, Robbie Rogers, and many more). Starting with the Black Cat, the film covers Stonewall, the 70s and the sexual revolution that continued from the late 60s, the disco years, the saga of the AIDS crisis, equal rights, marriage equality, and the trans movement to present day. We’ve come a long way, but we’ve still got a long way to go.  Sponsored by HERE TV.

For a complete schedule of times, events and box office visit www.cinemadiverse.org or call: 760.325.6565. Camelot Theatres, 2300 E. Baristo Rd., Palm Springs 

In Coachella Valley, Low inventory is Driving Home Prices Higher, and Buyers are Paying Them!

It seems that more of our Coachella Valley neighbors are staying put, resulting in far fewer homes on the market in July 2018, as compared to July 2017. Whatever the reason…great weather, shopping, entertainment, the result is, that there are fewer homes on the market.   

Good news is, the flow of home shoppers and buyers into the Palm Springs desert has not ebbed, and in fact, seems to be increasing. What this means is that home prices are rising in response to the reduced inventory, and even better, buyers are paying the higher prices!

Is Coachella Valley Headed Towards a Seller’s Market?

While no one can predict what will happen in the long term, it seems that people have been buying into a higher priced market for the past 6 months, and the homes for the most part, continue to sell quicker. All indicators thus far are favorable for many home sellers. Of course, it is not so in every city or every neighborhood, but overall the Coachella Valley residential real estate market is looking pretty solid. 

Typically, people are willing buy into a market and pay higher prices when they are confident about the area’s future economy. Without a thorough study, it’s impossible to tell what is driving current home buyer decisions, but optimism about the future of the Coachella Valley’s economy must be a part of them. And, that’s something we can all rally behind!

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. 

September Entertainment Schedule 

Fantasy Springs Casino

  • Martina McBride |  Sep 8
  • TLC with En Vogue |  Sep 15
  • Albatross |  Sep 22

For box office tickets click here Fantasy Springs Resort

Agua Caliente Casino

  • Purple Reign: The Prince Tribute Show |  Sep 1
  •  The Greatest love of All: Starring Belinda Davids |  Sep 8
  • Styx |  Sep 28
  • An Evening with Mel Brooks |  Sep 29

For box office tickets click here Agua Caliente Entertainment

Morongo Casino

  • Australia’s Thunder from Down Under |  Sep 6 & 7
  • The Maverick and Los Lobos |  Sep 14
  • JK Kim Dong UK |  Sep 16
  • Salt N Pepa |  Sep 20
  • Boy George & Culture Club, The B-52’s; Thompson Twins’ Tom Bailey |  Sep 28
  • Finis Henderson |  Sep 29
  • Breakfast with the Beatles, Hosted by Chris Carter |  Sep 30

For box office tickets click here Morongo Casino

Spotlight 29

  • Marsiela |  Sep 6
  • Ramon Ayala |  Sep 15
  • Chris Jansen (21+) |  Sep 29

For box office tickets click here Spotlight 29 Casino

Palm Springs VillageFest, Thursdays; Sep. 6, 13, 20, 27; 7:00PM-10:00PM; Downtown Palm Springs transforms into a diverse array of artists, artisans, entertainers, and purveyors of fresh fruits and veggies, flowers, jewelry, snacks and sweets. Palm Canyon Drive, Palm Springs. www.villagefest.org

College of the Desert Street Fair, Every Sat. & Sun. 7AM-Noon;  Merchandise and services for all ages and any budget, the Street Fair offers more than 300 merchants, artists, Farmer’s Market, entertainment, food, and more. 43500 Monterey Ave., Palm Desert, 760-636-7957; www.codaastreetfair.com

Sunnylands, Films on the Great Lawn—free outdoor movie series, presented on three Fridays in September. No reservations are required. Gate opens: 7:00PM; Film begins: 7:30PM; Sunnylands Center & Gardens, 37977 Bob Hope Drive, Rancho Mirage, CA 92270; 760.202.2234; email education@sunnylands.org. (details above)

The Hamilton Real Estate Group. Experience the Difference!