Archive | February, 2014

Home-buying Competition Picks Up in January, Still a Far Cry From Last Year’s Frenzy

by Rachel Musiker | February 20, 2014 58.1% of Redfin Offers Faced Competition in January, Down From 70.4% Last Year Bidding wars across Redfin’s 22 markets increased in January for the first time since the peak of the 2013 home-buying frenzy in March 2013. Redfin agents faced competition in 58.1 percent of offers they wrote in January, up […]

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January pending and distressed sales report

February 26, 2014 Pending home sales reverse two-month decline; inventory loosens heading into spring homebuying season LOS ANGELES (Feb. 26) – With the statewide housing inventory slowly improving, California pending home sales picked up steam in January and reversed a two-month decline, but pending sales were still down from a year ago, the CALIFORNIA ASSOCIATION […]

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Here’s Why You Should Make An Extra Mortgage Payment

Posted February 25, 2014 By Scott Gamm NEW YORK (MainStreet) — For homeowners, one of the most burdensome financial albatrosses is mortgage debt, especially during retirement. Your mortgage is likely your largest expense. Aside from hoarding money in an IRA or a 401(k), paying off your mortgage prior to retirement is critical. Once you enter retirement, healthcare costs are […]

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SOLD – $64,800 – 1Br/1Ba Condo in Palm Springs

  Beautiful upstairs unit with laminate wood floors, white kitchen remodeled with new appliances 5 years ago & new A/C Compressor on the last year. Tasteful and very comfortable condo! Balcony facing east with nice views of the distant mountains. This is a perfect get away unit, starter home or rental. Unit is sold unfurnished. […]

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SOLD – $669,000 – 2Br/2.5Ba – Contemporary Home at Escena in Palm Springs

  Stunning Lennar Circa golf course home (Bloodgood, Sharp and Buster architects) with expansive western views of the beautiful Escena Golf Course & San Jacinto Mountains. Largest Circa floor plan on one of the best view lots in the entire gated complex. Large rear yard with 12′ x 36′ salt water pebble finished pool, raised […]

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SOLD – $280,000 – 3Br/2.5Ba – Custom Home in La Quinta

  Located in the desirable neighborhood of Mira Flores. Close to shopping, restaurants and schools. This home sits on one of the largest lots with wonderful outdoor living space which includes an in ground spa and mountain views. The home has three bedrooms plus a den, two and one half baths, formal dining, living room […]

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SOLD – $211,000 – Quiet Golf Course Condominium in La Quinta

  Welcome to the Villas of La Quinta where friendly neighbors and their guests enjoy carefree living along the fairways of the exclusive La Quinta Country Club. This large 3 bedroom, 2 bath unit enjoys incredible west facing views on the 5th fairway with additional views across 3 fairways. You can almost touch the mountain […]

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SOLD – $550,000 – 3Br/2Ba – Gorgeous Spanish Style Home in Central Palm Springs

  Turnkey furnished Ruth Hardy Park/Movie Colony East completely rebuilt Custom spanish home. Originally a small 700 sq ft residence expanded to an 1831 sq ft Hacienda in 2004. Incredibly private with so much charm & character throughout. Featuring 2 granite islands, formal living room with fireplace & rear family room with adjoining large Dining […]

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SOLD – $455,000 – 3Br/2Ba Beautiful Spanish Style Home in South Palm Springs

  This South Palm Springs home on Fee land is priced to sell. Full of charm & character this property will pull at your heart strings. Gorgeous south facing yard with lovely pool and mountain views. Privacy and ambiance throughout along with citrus trees, roses, and beautiful gardens. If you are looking for a vacation […]

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Mortgage rates creep down toward 4%

  By Les Christie  @CNNMoney February 6, 2014: 10:48 AM ET NEW YORK (CNNMoney) Maybe the days of rock-bottom mortgage interest rates aren’t numbered, after all. Once again, rates are creeping down towards 4%. Rates dropped 0.09 percentage point this week to 4.23% for a 30-year, fixed -rate home loan, according to the latest weekly report from Freddie Mac. […]

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