REALTOR® Magazine-Daily News-IRS Sets New Rules for Tax Credit

REALTOR® Magazine-Daily News-IRS Sets New Rules for Tax Credit

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Is It Time To Buy ? Palm Springs Area Median Home Prices Up $40,000 in 1 Year.

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A question being asked on a daily basis,  and answered speculatively depending on which part of the country you live in.  Some foresee more doom and gloom, others see  opportunity and stability edging up. I can only talk about Palm Springs real estate , the Desert Cities , my personal experience  as a real estate agent in this part of the country, and hard data supplied by our Desert Area MLS. The chart below, shows the Median Prices by California regions , and current Month vs. Year ago . The numbers are encouraging and they represent hard numbers based on the Desert MLS real estate activities for that period.  As for July , that's where my personal opinion based on my activities as realtor comes in. I personally  had a busy July and busier August so far . And with our desert season approaching ,  the Canadian and Northwest Snowbirds will start flocking and that should boost  more home sales and the prices. So is it time to buy ?...
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Sun City Shadow Hills OPEN HOUSE Starts at Noon

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Open House Saturday & Sunday Sept 28 & 29 from 12:00 to 3:00 PM Located on Avenida Manzanillo , a very quiet street away from the main streets , traffic & noise. Close to the main Sun City Shadow Hills gate. Just follow the signs. This is a San Rafael plan , known as the Great Room Plan built with entertaining in mind, and opens to a large back yard with built in BBQ,   a sparkling Pool with tanning pad & Spa.  Do not miss this one!  Stop by this Saturday or Sunday, or call me 760-600-6187 any time for a private showing.   See all the listing details of this home here SOLD                                                 Sparkling Pool & Spa with Tanning Pad                  Sun City Shadow Hills  Home San Rafael Plan See all the ...
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Good News for Real Estate Investors & First Time Buyers..

The FHA has eased it's anti-flipping rules by waiving the 90 day rule as of Feb 1st 2010 . That means real estate investors seeking foreclosed properties to fix and sell can now obtain mortgage insurance for some purchases and be able to flip the property even if they hold it for under 90 days. That will translate into more affordable first time home buyer homes eligible for FHA financing , and more investors. The first-time home buyers tax credit expires April 30, 2010.
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