Hot Desert Real Estate Information & News

Get hot information about all the desert communities around the Palm Springs and Palm desert areas. You can get market updates of how the real estate market is fairing in all the areas plus interesting things going on.

Nov. 18, 2017

Open House: Luxury La Quinta Resort-Like Estate

When: Sunday, Nov. 19th From Noon To 2:00 PM

Where: 79420 Briarwood, La Quinta, CA (The Estancias Community - Off Of Ave 50)

 

Please click on the image to view our short video tour

Less than a 2 hour drive from Los Angeles, Orange County or San Diego, this luxury estate, located in the guard- gated Estancias community in central La Quinta, was designed for the resort indoor/outdoor living that the Desert is so famous for. The large two-thirds of an acre lot features multiple patios surrounding the main entertainment area, with a resort style waterfall and swimming pool/spa, firepit, fireplace and outdoor kitchen featuring an Italian professional grade pizza oven. Inside the home, which was entirely remodeled in 2009, you’ll find three bedrooms (each with its own bathroom) and six bathrooms, in 5,055 square feet of living space. The spacious living room features a large sunken wet bar with a granite slab counter top, large ceiling beams, dramatic cedar vaulted ceiling and huge natural stone fireplace. The ranch style gourmet-kitchen is a chef’s dream, with a large slab granite topped prep island, built in Sub-Zero wine cooler and refrigerator, Wolf professional gas range, and two Asko dishwashers. The kitchen opens to a family-room area featuring a natural stone wood-burning fireplace with a beautifully hand-honed plank hardwood mantle. Elsewhere in the home, the master-bedroom-wing has separate his/hers bathrooms and closets, an adjacent den/office that could be converted to a fourth bedroom and a bonus room that is currently being used as a home gym but that could also be converted to a second office, sitting area or fifth bedroom. Most of the home, other than the bedrooms, features travertine stone tile floor laid in a Versailles pattern. The home is being sold furnished, subject to Seller's inventory. 

MLS# 217021398 | Listed at $1,795,000 | For more information and pictures, including a link to a 3D Virtual Walkthrough Tour, please visit: http://www.79420BriarwoodLaQuinta.com

For more information or to schedule a showing, please contact The Briggs Group team member Nimy Reager at (760) 408-0719 or nimy@bhhscaproperties.com 

Posted in Our Listings
Nov. 17, 2017

CareerBuilder Challenge Announces Concert Series Line Up

 

 

To Watch our short video, please click here: https://youtu.be/Syl-Ev1BmAU

Organizers of the CareerBuilder Challenge PGA Golf Tournament announced earlier today that Huey Lewis and the News will perform on January 19th as part of the 2018 CareerBuilder Challenge and the Goo Goo Dolls will perform on January 20th. Huey Lewis and the News have sold over 20 million albums worldwide, with 12 top ten singles. The Goo Goo Dolls have sold over 10 million albums in the U.S. and more than 12 million records worldwide, with 19 top ten singles.

The CareerBuilder Challenge began as the Palm Springs Classic back in 1960, with Arnold Palmer as the very first champion. The tournament has also been known as the Bob Hope Classic and Humana Challenge. The tournament is part of the PGA tour's early season "West Coast Swing." It is the only tournament on the PGA circuit that features Pro-Am play along with tournament play for the first 54 holes. 

The 2018 CareerBuilder Challenge tournament, which runs from January 17th to January 21st, 2018, will feature 156 professional golfers playing at the Stadium and Jack Nicklaus Tournament Courses at PGA WEST and La Quinta Country Club. Fans can receive discounts by purchasing tickets online on the CareerBuilder Challenge website by January 14th, 2018.

For more information and to purchase tickets, please visit: https://www.careerbuilderchallenge.com

 

Nov. 16, 2017

Elvis Presley's Palm Springs Honeymoon Hideaway On The Market

 

The Los Angeles Times’ Lauren Beale writes that the Palm Springs Midcentury Modern home, known as the Elvis Presley Honeymoon Hideaway, has come on the market, listed at $5.9 million. This unique home, located in the Vista Las Palmas neighborhood, was designed by famed architect William Krisel and built by the era’s renowned custom home builder, Robert Alexander, in 1960. While Elvis never owned the property, he did lease it starting in 1966, one year before marrying Priscilla Wagner in 1967. If it looks familiar, you might have seen it in the TV movies "Elvis & Me" and "Elvis by the Presleys", which were filmed there. 

The 5,000 square foot, 5 bedroom, 5 bathroom house is made up of four circle-shaped living and features curved walls of stone, a round kitchen island, a circular fireplace in the center of the living room and stunning mountain and Coachella Valley views. Outside, the roughly 1.25 acres of grounds (consisting of three buildable lots of roughly 18,000 square feet each) include an oversized swimming pool, tennis court and fruit orchard. 

To read Lauren Beale’s original article and view the accompanying photos, courtesy of The Los Angeles Times, please visit: Elvis Presley's Palm Springs Honeymoon Hideaway Returns To The Market

Listing courtesy of Rodeo Realty

  

Nov. 15, 2017

Brew In LQ Craft Beer Fest Returns Saturday, November 18th From 4 To 9 PM

 

The Brew In LQ Craft Beer Fest, La Quinta’s Craft Beer Festival, is back on Saturday, November 18th from 4 to 9 pm. This event combines craft beer from a wide variety of local and regional breweries, nature (with spectacular Santa Rosa Mountain views from the venue), music from Manuel the Band and DJ Francesca Harding, food from Big Easy Sandwich, Da Big Show BBQ and The Food Dood, games, and art. This year’s event will be held at the La Quinta Civic Center Campus at 78-495 Calle Tampico.

Participating Breweries: La Quinta Brewing Co., King Harbor Brewing Company, Towne Park Brew Co., Coronado Brewing Co., Brew Rebellion, Golden Road Brewing, Bootlegger’s Brewery, Desert Distilling, Speakeasy Ales & Lagers, Karl Strauss Brewing Company, Firestone Walker Brewing Company, Coachella Brewing Company, Inland Empire Brewing Company and The Good Beer Company.

Tickets:

  • General Admission purchased before Nov 17th - $30 (+ $2.64 fee)
  • At The Door - $35 (+ $2.92 fee)
  • Designated Driver Admission - $10 (+$1.54 fee)

The Fine Print:

  • 21+ Only
  • Rain or shine
  • Event pass must be worn at all times
  • Wristbands void if tampered with or removed
  • Line up / set times subject to change
  • Breweries list subject to change
  • Beer tasting tickets are non-transferable
  • Everyone subject to search upon entry
  • No pets allowed.
  • Last call will be at 8:45 pm
  • Organizers reserve the right not to serve anyone for any reason
  • Tickets are non-exchangeable, non-refundable, and non-replaceable 

For More Information: Please visit: http://www.playinlaquinta.com/brew

Nov. 10, 2017

Coming Soon: Central Palm Desert Family Pool Home

To view our quick video, please click here: Coming Soon: Central Palm Desert Family Pool Home 

Beautiful 2,873 sq ft, 3 bedroom + den, 4 bathroom home located on a quiet cul-de-sac in the heart of Palm Desert. Spacious kitchen with double ovens, center island with cook top and granite counter tops. The kitchen opens to the family room, perfect for entertaining with its wet bar and fireplace. The main living areas of the house are open, have 10 foot ceilings and newer 18 inch tile floors, laid diagonally. Large private backyard with pool, spa and covered patio, perfect for desert living. Three car garage. Located within minutes from great schools, shopping and dining on El Paseo and at Westfield Mall, shopping at the College of the Desert Street Fair, Bristol Farms, Albertsons and Costco, entertainment at McCallum Theater, Desert Crossing Movie Theater and Aqua Caliente Casino and great golf at Desert Willow (at reduced Palm Desert resident rates). Best of all, no HOA's. Call today for an appointment to see this fine home!

Please note: This home is also being offered for a long term lease at $3,150 per month.

MLS# 217030798 | Listed at $589,000 | For more information and photos, please visit: Central Palm Desert Family Pool Home

  

Posted in Our Listings
Nov. 9, 2017

Coming Soon: North La Quinta Esplanade Family Home

 

Please watch our quick video slideshow on this home, at: North La Quinta Esplanade Family Home

Truly a home for family and friends, located in the desirable, gated Esplanade community in north La Quinta. This well maintained 2,112 sq ft, 3 bedroom plus den, 2 bathroom home features an open floor plan, high ceilings, a stacked stone faced fireplace in the great room, stacked stone accent walls and tile floors throughout the main living areas of the home; perfect for entertaining. The home has a warm inviting kitchen with granite counter tops, stainless steel appliances, a breakfast nook and two breakfast bars. The master bedroom suite offers his and her vanities, a large tub, separate shower and large walk-in closet. At the rear of the house is a large fenced yard, with plenty of room for a pool and spa. The rear yard backs onto one of Esplanade’s greenbelt and walking trails. Esplanade is close to La Quinta area schools, restaurants and shopping, with convenient Interstate 10 access. Call to make an appointment to see this home today!

MLS# 2170030268 | To Be Listed At $389,000 | For more information and photos, please visit: North La Quinta Esplanade Family Home

  

Posted in Our Listings
Nov. 6, 2017

October 2017 Market Watch LLC Desert Housing Report

Local real estate market experts, Market Watch LLC, have just released their October 2017 market update. Some of the highlights include:

 

The October Coachella Valley detached home median price was $350,000 ($10,000 or 2.9% above a year ago). Market Watch pointed out that median price increases for detached homes have settled just below the 4% growth curve as they tend to do every autumn.  

The median price for Coachella Valley attached homes and condominiums in October was $235,000, ($8,125 or 3.6% above a year ago). Market Watch felt that this is particularly encouraging for the attached housing market, because in the previous four years there was zero to negative year-over-year median price change in October. Market Watch noted that attached home and condominium median prices might finally break above the long term 3% growth curve this spring buying season.

The year-over-year change in detached home median home prices for the nine cities in the Coachella Valley shows overall strong gains but also wide variation in the numbers (ranging from a 16.2% increase in Desert Hot Springs to a 4.3% decrease in Indian Wells). In the case of attached homes, there is an even wider spread in year-over-year median price changes (ranging from a 23% gain in Rancho Mirage down to a 29% decrease in Desert Hot Springs, perhaps due to an unusually low number of sales in Desert Hot Springs). This chart also shows the detached home median price remains more than 30% off 2006 highs in Palm Desert, Rancho Mirage, Indian Wells and La Quinta. In terms of attached homes, median prices remain more than 40% off 2006 highs in Palm Springs, Cathedral City and Desert Hot Springs. 

The 12-month average of home sales, which takes out seasonality and also highlights the long-term perspective, is 15% higher than last October for detached homes and 14% higher than last October for attached homes. Market Watch noted that since sales in the off season have been a good predictor of how sales in the spring season will be, current sales numbers are pointing to 5% to 10% sales increase in 2018 over 2017.

Eight cities had higher October sales when compared to last year, while three had slightly lower sales,  with the largest percentage sales increases (21%) in Cathedral City and Rancho Mirage. In Indian Wells sales were up 18% year-over-year and in Palm Springs sales were up 3% year-over-year. Sales decreased slightly in Bermuda Dunes, Coachella and Desert Hot Springs.

In terms of sales by price range, compared to a year ago, sales increased in all but one of the brackets. The largest increase in sales was in homes priced from $300,000 to $400,000. The only decline in sales were those homes selling between $200K and $300K (due to the lack of supply in this price range).

Market Watch noted that on November 1st, Coachella Valley housing inventory appears to have started its normal seasonal rise, with a 384 unit increase in inventory from October 1st to November 1st. Market Watch felt that this was a positive, primarily due to the higher sales over the off season. The net result is that the November 1st inventory of 3,625 was 725 units less than last year.

The combination of higher sales over the last 12 months and a lower inventory made the months of supply ratio on November 1st equal 4.4 months (the lowest ratio on that date for the region since 2012 and the number one indicator of the strengthening housing market, in Market Watch’s opinion). Market Watch noted that this strength was confirmed by the other similar time indicator, days on the market, which had an October median value of 70 days (the lowest number of days in October since 2013).

In terms of months of supply by price range, the ratios improved in all price brackets, which Market Watch felt indicated that the Coachella Valley’s improving housing market is broad based and strengthening through all price ranges.

In terms of months of supply by city, compared to last year the ratios improved in every city except Coachella, Desert Hot Springs and Bermuda Dunes.

The Desert Housing Report is produced for Coachella Valley real estate agents through the sponsorship and cooperation of the Palm Springs Regional Association of Realtors® (PSRAR) and the California Desert Association of Realtors® (CDAR) by Market Watch LLC.

Posted in Market Updates
Nov. 4, 2017

Open House: Experience La Quinta Luxury Resort-Like Living

  

Open House: La Quinta Luxury Resort Compound

When: Sunday, Nov. 5th From 2:00 To 4:00 PM

Where: 79420 Briarwood, La Quinta, CA (The Estancias Community)

Please watch our short video look at this home at: https://youtu.be/FL9sBz8PZSA

Less than a 2 hour drive from Los Angeles, Orange County or San Diego, this luxury estate, located in the guard- gated Estancias community in central La Quinta, was designed for the resort indoor/outdoor living that the Desert is so famous for. The large two-thirds of an acre lot features multiple patios surrounding the main entertainment area, with a resort style waterfall and swimming pool/spa, firepit, fireplace and outdoor kitchen featuring a BBQ, cook top, sink and an Italian professional grade pizza oven. Inside the home, which was entirely remodeled in 2009, you’ll find three bedrooms (each with it's own bathroom) and six bathrooms, in 5,055 square feet of living space. The spacious living room features a large sunken wet bar with a granite slab counter top, large ceiling beams, dramatic cedar vaulted ceiling and huge natural stone fireplace. The ranch style gourmet-kitchen is a chef’s dream, with a large slab granite topped prep island, built in Sub-Zero wine cooler and refrigerator, Wolf professional gas range, and two Asko dishwashers. The kitchen opens to a family-room area featuring a natural stone wood-burning fireplace with a beautifully hand-honed plank hardwood mantle. Elsewhere in the home, the master-bedroom-wing has separate his/hers bathrooms and closets, an adjacent den/office that could be converted to a fourth bedroom and a bonus room that is currently being used as a home gym but that could also be converted to a second office, sitting area or fifth bedroom. Most of the home, other than the bedrooms, features travertine stone tile floor laid in a Versailles pattern. The home is being sold furnished, subject to Seller's inventory. 

Features Of This Home At A Glance:

  • 5,055 Sq Ft, 3+ Bdrm, 6 Bath
  • Large 0.66 Acre Lot
  • Entirely Remodeled In 2009
  • Chef's Kitchen With Sub-Zero Fridge & Wine Cooler, Wolf Range and 2 Asko Dishwashers
  • Travertine Versailles Pattern Stone Tile Floors In Main Living Areas
  • Rear Yard Outdoor Kitchen With BBQ, Cook Top, Sink and Italian Professional Grade Pizza Oven
  • Rear Yard Pool & Spa, Waterfall, Fireplace, Firepit, Putting Green & Bocce Ball Court

MLS# 217021398 | Listed at $1,795,000 | For more information and pictures, including a link to a 3D Virtual Walkthrough Tour, please visit: La Quinta Luxury Resort Compound 

For more information or to schedule a showing, please contact The Briggs Group team member Nimy Reger at (760) 408-0719 or nimyr@bhhscaproperties.com

  

Posted in Our Listings
Nov. 3, 2017

Palm Desert First Weekend - El Paseo Cruise Night - Nov 3, 2017

  

Please take a look at our quick video from the event: Palm Desert First Weekend - El Paseo Cruise Night - Nov 3, 2017

For those of you who remember when cars were cool...check out Cruise Night on El Paseo, held the first Friday night of each month, from November to May. You can get a pre-Cruise close-up look and talk with the owners of these lovingly cared for cars on the upper level of The Gardens on El Paseo parking structure. The cars begin arriving at The Gardens around 3:15 p.m. before they begin cruising El Paseo between 4 and 6 p.m.

For more information, check out El Paseo Cruise Night's home page at El Paseo Cruise Night

 

Nov. 1, 2017

The Guide – November Edition Now Available

Looking for things to do in the Desert in November?  Then check out the November edition of The Guide, published by Palm Springs Life Magazine. It’s now available in print at various select locations across the Coachella Valley, or online, courtesy of Palm Springs Life Magazine, at: https://digital-palmspringslife.com/guide/2017-november/