Palm Desert Luxury Home Sales

The Orchard, Indio CA Real Estate Report

The Orchard, Indio CA Real Estate Report

The Orchard in Indio, California is a small, gated community located in south Indio, just steps from La Quinta. Built by Family Development, The Orchard offers single family homes ranging from 2500 - 4100 sq.ft. with single and two-story floor plans.

Most of the homes in The Orchard have lot sizes starting around 13,000+ sq.ft., with some lots offering more than a half acre for ultimate in privacy. A few unique features with homes in The Orchard are the four car tandem garages, double islands in the kitchen, and two fireplaces in the living areas (in select floor plans.)

There is currenlty only one home for sale in The Orchard and it is bank owned. The property at 48825 Pomegranate ST, Indio, CA is listed for sale at $348,000.

48825 Pomegranate ST, Indio, CA offers 5 bedrooms and 4 baths plus a powder room. The home is just under 3000 sq.ft. The kitchen offers solid granite counters and stainless steel appliances.

This home is sure to disappear fast. Contact me to schedule a showing today!

Pending Sales
48855 Pear St, Indio, CA $425,000

Recent Sold Comps
80596 Tangelo Ct, Indio, CA $356,500
80556 Apricot Ln, Indio, CA $382,000
80574 Apricot Ln, Indio, CA $480,000

If you are looking to buy or sell, contact me for a FREE market analysis and start moving.

Palm Desert Short Sale Relocation Assistance Program

Palm Desert Short Sale Relocation Assistance Program - Receive $2500 - $30,000 in relocation assistance when you short sale.

Palm Desert homeowners who qualify for a Bank of America short sale may be eligible to receive more money back in their pockets! Bank of America just announced that for a limited time, they will be offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 - $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property.

Determining your eligibility is easy:

• Once your Realtor initiates the short sale of your home, Bank of America will evaluate you to determine if you qualify for the enhanced relocation assistance.
  
• You must participate in one of the preapproved price short sale programs, such as HAFA (Home Affordable Foreclosure Alternatives) or Bank of America's proprietary program. Specific investor participation and eligibility criteria do apply to these programs.
  
• The relocation assistance will be paid at closing.

Frequently Asked Questions:

Q: How can I find out if I qualify for this limited time offer?

A: Call me or work with an experienced short sale Realtor and ask them about the Bank of America short sale relocation assistance program. This is a limited-time offer.

Q: If a short sale is initiated with an offer, will it qualify for this relocation assistance?

A: No. This relocation assistance is only available on preapproved price short sale programs. Short sales initiated at the time an offer is received do not qualify for the enhanced relocation assistance funds.

Q: Will the relocation assistance funds be reported on the HUD-1?

A: Yes, funds received at closing will be documented on the HUD-1, and a 1099-MISC will be issued.

Q: Can the relocation assistance funds be used to pay off existing liens?

A: Yes, you may use funds to pay off existing liens or to help with relocation expenses.

Q: Is the relocation assistance added to any other incentives, such as the HAFA or Bank of America proprietary program incentives?

A: The homeowner incentive will be inclusive of the $3,000 HAFA incentive. For example, if you are eligible for a $5,000 homeowner incentive, $3,000 will be from the HAFA incentive, and $2,000 will be from the homeowner incentive.

Q: Is the enhanced relocation assistance available for other programs?

A: Currently, the enhanced relocation assistance is only available to short sale programs initiated without an offer.

Call me at (760)799-8460 for more information on this program or to disucss short sale optitions available to you.

Talavera Indio - Real Estate Market Update

Talavera Indio - Real Estate Market Update

Ready, Set, GO!

Would you consider selling your house? Now is the time! Inventory is at an all time low in Talavera and I have buyers who want to buy in your neighborhood.

Talavera neighborhood market report:

Active listings for sale: 5
Pending home sales: 22
Homes sold since January: 26

I need homes to sell. Short Sale or Regular Sale, it doesn't matter! Call me today to get started (760) 799-8460.

 Contact me at (760) 799-8460 for a free Market Analysis on your home in Talavera.

Palm Springs Area Real Estate - Low supply of inventory working in favor of some sellers and new home builders.

Palm Springs Area Real Estate - Low supply of inventory working in favor of some sellers and new home builders.

What's happening in Palm Springs area real estate? Seems like we might be seeing some positive signs and moving more towards a "normal" real estate market; a positive change at least for sellers and new home builders in the Coachella Valley.

The Coachella Valley has reached a low supply of inventory of homes working in favor of some sellers and new home builders. Inventories of resale homes in the Coachella Valley have dropped to a 3.9 month supply, the lowest level in many years.

What's happening? Is the economy getting better? A panel of experts at last week's Desert Valleys Building Association economic update meeting declared "housing the best bet for new growth." For Riverside & San Bernardino counties, construction jobs peaked in 2006 at 127,500 jobs, which now stands at a mere 56,100 jobs five years later.

What we are seeing here in the Coachella Valley and the Palm Springs area are developers buying up residential lots at stalled or foreclosed housing projects that have sat over the last few years. With inventories declining in communities priced below $200,000, we will probably see more new homes being built in the next year or two.

Projects recently purchased and in the works are:

La Entrada - 2200 acres south of I-10 and east of the All-American Canal near Coachella was recently purchased by one developer. The area was previously slated for 9000 new homes.

Alta - Toll Brothers has purchased this project in Palm Springs, as well as lots in Rancho Mirage.

Griffin Ranch - Toll Brothers has partnered with another developer, Oak Tree, in finishing Griffin Ranch, an equestrian community in La Quinta.

Villa Portafino - Family Development has been purchasing up stalled projects throughout the valley. Villa Protafino is a 55+ community of condos in Palm Desert.

Escena - A Beverly Hills developer, the Alta Verde Group, acquired this development in Palm Springs.

Other promising projects in the Coachella Valley include the $434 million renovation at College of the Desert and its satellite campuses. The University of California Riverside desert extension is also promising to bring in a freshman class to start a full 4 year program available in the desert for the first time. In retail projects, a national retailer is expected to take over the recently vacated Borders location at The River in Rancho Mirage.

The Desert Valleys Building Association panel concluded with suggestions that new home construction could double by next year, accounting for about 14 - 15 percent of home sales.

Do you have more questions on the Palm Springs and surrounding Coachella Valley? For more information on the real estate market in the Palm Springs area, please feel free to contact me.

Source: The Desert Sun, The Valley Economy: Construction. Panel: Housing the best bet for new growth. 4/13/12

Indio Real Estate Market Report

Buyers, buyers, and more buyers. That’s the current condition of the Indio & surrounding area real estate market. Low prices and low interest rates along with the seasonal influence of second homeowners have driven home sales in Indio and the neighboring cities.

To give you an idea of the competition among home buyers, last week I submitted offers on two properties in Indio and one property in Coachella. The home in Coachella had 15 offers with the offering price going 12% above the listed price. Of the two of homes in Indio, one home had 11 offers and the other home in had 3 offers.

It’s a competitive real estate market in the Coachella Valley right now with buyers competing against each other for good homes. Sales of homes and condos across the Coachella Valley rose for the eighth consecutive month. Investors are taking advantage of distressed properties and cash buyers are looking for bargains but best of all, the affordability for families has allowed a lot of first time buyers to also be a part of the real estate market. As the economy continues to improve, more people are realizing it is costing them more to rent than to own.

According to the Desert Area Multiple Listing Service, the valley’s inventory of homes for sale fell to 4,642 in February from 6,199 in February 2011. The largest area of demand is for homes priced under $300,000, which is where inventories are declining. There are also fewer foreclosed properties. Foreclosure activity in the valley fell 17.1 percent in February.

The main thing for buyers to do right now is to put their best foot forward from the get go when submitting an offer. Also, working with an experienced buyer’s agent is going to get you a lot further.

For the first time in a long period, seller’s can start to consider putting their home on the market and not have to compete with so many distressed sales. We are seeing more and more “normal” home sales.

Contact me to help you with your next home purchase or sale.

Single Story For Sale in Tri Palms Estates

Pride of Ownership

• 1,344 sq. ft., 2 bath, 3 bdrm single story - MLS® $149,900 - Golfer's Delight

Tri Palms Estates, Thousand Palms  -  Tri Palms Estates - Pride of ownership shows in this home of 3 bedrooms & 2 baths. This spacious home has two living areas plus dining area and breakfast bar. Many upgraded features including newer dual pane windows, slab granite countertops in kitchen and bathrooms, separate laundry room, extra large garage with room to park up to 4 vehicles plus a bonus room that could be used as den, office, exercise room, etc. Great curb appeal with inviting courtyard. Completely fenced in for a pet friendly home. Come see this amazing home for yourself. Residents enjoy UNLIMITED golf, 3 pools, 2 spas, tennis courts, clubhouse and more for a low monthly fee of $182. This home is located on a nice, quiet cul de sac in the family section of Tri Palms Estates.

Property information

Andalusia at Coral Mountain La Quinta Home Sales

Andalusia at Coral Mountain La Quinta Home Sales

Andalusia at Coral Mountain, a premier golf community located in south La Quinta, has had strong home sales for the first part of the year. Andalusia is an exclusive guard gated community offering a resort lifestyle in an exquisite setting amongst the Santa Rosa Mountains.

During the last six months, Andalusia has had 8 home sales ranging from $751,000 to $1,900,000. The lowest priced sale was 81555 Carboneras, La Quinta at $259.14/sq.ft. The home is 2898 square feet with 3 bedrooms and 3.5 baths. It was a bank owned sale originally listed at $950,000. It was on the market for 217 days.

The highest priced sale was 58659 Jerez, La Quinta at $371.31/sq.ft. The home is 5,117 square feet with 4 bedrooms and 4.5 baths. It was a home sold by the developer, The Drummond Company. It was originally listed at $1,972,000 and was on the market for 452 days.

I just sold the home at 81455 Carboneras for $825,000. It was a bank owned home listed at $849,000. It was on the market for 16 days and sold for $269.70/sq.ft. The home is 3,059 square feet and has 3 bedrooms and 3.5 baths.

The average selling price per square foot for single family homes in Andalusia at Coral Mountain is $300.16.

There are currently 15 homes available for sale in Andalusia starting at $995,000 and listed up to $$1,949,000.

Andalusia is a private club with the social membership included in the monthly HOA fee of $621 and golf memberships privileges available for a separate fee. Read more information on the social club and golf course here. Email me more information on Andalusia at Coral Mountain, La Quinta, CA.

Please contact me for a current list of homes available for sale that are exclusive to your criteria.

Sun City Shadow Hills January Home Sales Report

Sun City Shadow Hills January Home Sales Report

January homes sales in Sun City Shadow Hills held strong for a total of 22 homes sold according to the Desert Area Multiple Listing Service (MLS.) The 22 homes sold at Sun City Shadow Hills does not take into consideration new homes sold by the builder that are not marketed on the MLS. The same month last year had 20 homes sales reported on the MLS.

The home at 40764 Corte Los Reyes was the lowest priced home to sell at Sun City Shadow Hills during January for $180,000 or $114.58/SqFt. The home is 1571 square feet with 2 bedrooms and 2 baths. The original list price was $185,000 and the home was on the market for 97 days. It was a short sale and sold to a cash buyer.

81566 Avenida Estuco was the highest priced home to sell in January for $499,000 or $167.96/SqFt. The home is 2971 square feet with 3 bedrooms and 3.5 baths. The original list price was $516,990 and the home was on the market for 75 days. It was a regular sale with a financed conventional home loan.

Today's Realty Group sold 80637 Avenida Santa Carmen for $319,000 in January or $151.04/SqFt. It was a regular sale on the market for 165 days originally listed at $339,900. This home sold to a cash buyer. The home is 2112 square feet with 3 bedrooms and 3 baths.

January home sales in Sun City Shadow Hills continues a strong selling trend for 55+ active adult communities.

If you are looking to buy or sell your home in Sun City Shadow Hills, please contact me for a free consultation.

PGA West La Quinta Golf Courses

World famous PGA West in La Quinta is home of the upcoming Humana Challenge, formerly known as The Bob Hope Classic, January 16-22, 2012.

PGA West consists of 2200 acres of championship golf courses surrounded by a wide range of single family homes and condos for every lifestyle. PGA consists of six golf courses - 3 private & 3 public - along with three clubhouses, tennis and fitness facilities.

Arnold Palmer Private Course
The Arnold Palmer Private course, host of many Bob Hope Classic's, is challenging yet inspiring for all levels of play with five sets of tees. Nestled up against the Santa Rosa Mountains, this course offers breathtaking scenes with rolling fairways and large lakes.

Jack Nicklaus Private Course
Rated as one of the best courses in the desert, the Jack Nicklaus Private Course is ranked by Golf Magazine as one of the top courses in the world! This course was built specifically for the Ryder Cup and then held private for members use only.

Tom Weiskopf Private Course
This Scottish links-style course has wide fairways making the Tom Weiskopf Private Course great for higher handicaps. With expansive mountain views and beautiful brooks running throughout the course, it is as peaceful as it is beautiful. The Tom Weiskopf Private course has been known to host the PGA Tour Qualifying School Finals.

TPC Stadium Golf Course
Designed by Pete Dye, the TPC Stadium Course hosted the Skins Game for more than 5 years. This course is challenging but worth the effort.

Jack Nicklaus Tournament Course
Also a host to the PGA Tour Qualifying School Finals, the Jack Nicklaus Tournament Course is challenging yet a favorite among members. The marvelous mountain views are interconnected with the lakes on the course and bordered by railroad ties.

Greg Norman Course
The only "desert-scaped" course in PGA West, the Greg Norman Course offers members a different type of scenery with crushed white marble bunkers and wild flowers along the green fairways.

Membership fees and rates at PGA West are more affordable now than ever before. Please inquire for the latest membership details.

Real Estate prices for condos in PGA West in La Quinta currently start in the mid $100's. Looking for something bigger? PGA West offers all sizes of homes to accommodate your lifestyle and budget!

Sun City Shadow Hills Model Homes - Pick Your New Kitchen

Sun City Shadow Hills Model Homes - Pick Your New Kitchen

Sun City Shadow Hills recently opened ten new model homes for its third phase of development in the Del Webb community exclusive for those 55+. The new designs have more square footage and more options than ever before. The new models at Sun City Shadow Hills are built with the upmost codes and regulations including discreet sprinkler systems throughout the homes.

The only hard part is picking your favorite kitchen and floor plan from the 10 new model homes! All of the plans have an open feeling with great rooms. The gourmet kitchens come standard with white thermofoil, raised panel cabinetry with satin nickel knobs, 36" upper kitchen cabinets, granite kitchen countertops with 6" backsplash, stainless steel kitchen sink, Moen kitchen faucet with pull-out spray, & whirlpool appliances in choice of white or black.

What's your favorite kitchen? The Living Well Collection at Sun City Shadow Hills Starts at $195,990 with base prices going up to $391,990.

Schedule a Home Tour

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Sun City Shadow Hills - The Socialite

Sun City Shadow Hills - The Socialite

Announcing one of the newest floor plans at Sun City Shadow Hills by Del Webb - The Socialite! The Socialite is one of ten new model home floor plans recently released at Sun City Shadow Hills.

The Socialite is the largest of the ten floor plans with 2955 square feet. It presents 3 bedrooms, 3 baths, and a two-car garage. It has a formal dining room and a great room layout with center island kitchen, covered patio and lots of options to make the Socialite specific to each homeowner's lifestyle.

With the Socialite, new owners will have several options to choose from including optional covered patio extension, sun or hearth room, sliding glass door in master bedroom, fireplace or dual-sided fireplace, wet bar, wine storage, and optional courtyard. The Socialite even has an option to include an entry door on the third bedroom from the courtyard making a casita option available. The Socialite has three exterior design choices of Spanish Colonial, Desert Prairie, or Rancho Hacienda.

This is the third phase of development for Sun City Shadow Hills, which will offer 36-holes of golf at completion. The new models, The Living Well Collection, were designed with causal and comfortable living in mind. New owners now get more square feet for the money and more features than ever before available.

The Socialite starts at $391,990. For more information on The Socialite or other floor plans please contact me now.

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28320 Horizon Rd, Cathedral City Just SOLD

28320 Horizon Rd, Cathedral City Just SOLD!

Today's Realty Group just sold 28320 Horizon Road in the Panorama area of Cathedral City for $163,000. This home previously sold for $255,000 in 2002. The home did require some repairs as reflected in the sale price but for $61.72/sqaure feet, the purchase is sure to be a good investment for the new homeowner. This two-story home features 3 bedrooms and 3 baths with 2641 square feet. The home also has a formal dining and livng area, family room, fireplace, 3-car garage and a beautiful pool and spa for those hot summer days.

Cathedral City has been a hot spot for buyers looking for great value. The Panorama area of Cathedral City currently has 30 homes listed for sale priced between $109,000 to $295,000, 17 of those homes have pools. There have been a huge number of sales in Panorama during the last six months! 76 homes have sold ranging between $80,000 and $330,000 for an average selling price of $84.45/square feet. 38 of those sales were homes with pools - the average selling price of homes with pools was $91.70/square feet.

If you are looking to buy a home in Cathedral City, let Today's Realty Group help you! Contact us today and move into your new home tomorrow. We service Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, Indio, & Coachella!

Sun City Shadow Hills by Del Webb New Model Homes Now Open

Sun City Shadow Hills by Del Webb New Model Homes Now Open

Sun City Shadow Hills by Del Webb has opened 10 new model homes for its third phase of development in the community located off I-10 in north Indio. The preliminary release of The Living Well Collection starts at $195,990 and goes up to $391,990 for the largest floorplan called The Socialite, which is my favorite design.

The new collection of homes at Sun City Shadow Hills was designed with casual and comfort in mind. The new models range in size from 1321 square feet up to 2955 square feet with options including a den, covered patio extensions, sun room or hearth room, retreat, wet bar, and/or golf cart garage.

The new floor plans offer 10' ceilings and 8' raised-panel interior doors. Just a few of the interior features include recessed spot lighting, raised panel cabinetry with satin nickel knobs, 36" upper kitchen cabinets granite kitchen countertops with 6" backsplash, stainless steel kitchen sink, Whirlpool appliances in choice of white or black, and under-cabinet task lighting.

With the release of the new model homes in Sun City Shadow Hills also came the opening of the new clubhouse in October. The community of Sun City Shadow Hills now has two clubhouses for residents to use at their leisure. The third phase of the development also includes an 18-hole par 3 golf course. That is in addition to the 18-hole championship course and an 18-hole putting course.

The official grand opening of the new model homes in Sun City Shadow Hills is still to come with plans for the celebration to be in January 2012. If you're interested in more information on these models homes or resales, please contact me now. I will be happy to answer any of your questions and show you what Sun City Shadow Hills has to offer for active adults 55+.

Provide me with information on a new home at Sun City Shadow Hills

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Sun City Shadow Hills, Indio CA - Model Home Just Sold!

Sun City Shadow Hills, Indio CA - Model Home Just Sold!

Another beautiful home has just been sold in Sun City Shadow Hills by Del Webb. This former model home has 3 bedrooms and 2 baths and sold for $277,000. The new homeowners are delighted and enjoying their new space as we speak. As a previous model home, the home features include many upgrades such as tile floors, great room layout, fireplace, rear landscaped backyard, designer furniture, upgraded appliances, and much more.

My clients told me they must have looked at more than 100 homes before finding me and thus finding Sun City Shadow Hills by Del Webb. If you're looking for your new dream home, contact me now so you can move into your new home next month.

You may have missed out on this amazing deal for a model home but you still have an opportunity to purchase a home in the 3rd phase of Sun City Shadow Hills by Del Webb. Plute homes just finalized construction on 10 new model homes for the 3rd phase of the development. Please contact me for more information and to schedule an exclusive home showing that fits your criteria.

Ironwood Country Club, Palm Desert CA Condo Sales

Ironwood Country Club, Palm Desert CA Condo Sales

Ironwood Country Club is an exclusive golf course community located in south Palm Desert  and offers a wide range of condos for a variety of budgets and lifestyles. Condos vary in size from just over 1,000 square feet up to 2,000 or more square feet. During the past six months, real estate sales for condos in Inronwood have been strong.

There have been 22 condo/townhome sales in Ironwood Country Club since June 2011. Only 3 of these sales were bank foreclosures and 2 were short sales. The lowest priced sale at $150,000 was at 73440 Dalea Lane. It is a 2 bedroom, 2 bath condo with 1,271 square feet. It was on the market 113 days. The highest priced sale was at 73447 Irontree Dr and sold for $565,000. It is 2 bedrooms, 2 baths and 1,951 square feet.

There are currently 3 condos pending sale in Ironwood Country Club and 34 condos listed for sale. The 2 bedroom, 3 bath condo at 73415 Foxtail Lane, Palm Desert is the lowest priced condo currently listed for sale in Ironwood Country Club at $145,000. It is 1,502 square feet and has been on the market for 98 days; it is a short sale requiring third party authorization. The highest priced condo for sale is listed for $775,000 at 73355 Oriole Ct, Palm Desert. It is 2,182 square feet with 2 bedrooms and 3 baths. It has been on the market for 28 days.

The average selling price per square foot for condos in Ironwood Country Club is $165.71.

Ironwood Country Club is a private club with social and golf memberships privileges available for a separate fee. Read more information on the social club and golf course here.

Please contact me for a current list of condos available for sale that are exclusive to your criteria.