Archive for December 2015

Real Estate Market in Coachella Valley

Developers and experts believe the real estate market in this prime area in Southern California – where winters are warmer and exotic flora and fauna are found – is back to normal.

Real Estate Market in CoachellaAccording to reports, 286 new homes were built in the area in the first half of 2015. Median price range for these homes is 12 % percent higher than that of 2014.

This is a good sign that means the housing market in Coachella remains tight and sustainable, and the number of home buyers has risen.

Despite these numbers, developers and expertsremain cautious but optimistic about prospects for the rest of the year. Slowly rising house prices reflect the region’s gradually improving price standards
as well.

It’s also good to note that of all the areas in California, only San Francisco is showing a steady rise in the price of real estate property.

Changing habits

Now that people are slowly recovering from recession, spending habits have drastically changed. Homebuyers intend to stay longer in their properties so they can make the most out of its price tag.

The challenge of obtaining home financing has made people maximize their stay in their properties by improving it year after year. This means residents can form more lasting friendships with neighbors; children don’t have to go through difficult adjustment periods that come with moving from one place to another.

At the same time, there is a robust demand for new homes. This partly accounts for the area’s gradual recovery and its promising prospects for growth.

Achieving recovery

A sustainable market is important, now that the region is slowly picking itself up.

More and more developers are addressing this need for steady growth by coming up with more real estate options.

Necessary baby steps are being taken to stimulate this promising market where retirement is a pleasure, and relaxation a joy.

Bill & Lori

Dear Diane,

With regards to the service you and your team provided, Lori and I were very satisfied with all aspects of the process. We appreciated spending the first day with you when you provided a number of homes and communities for our consideration. This helped eliminate the communities we did not find attractive and focused on the preferred ones.

We feel we are in the right community and have purchased a home that we are excited about. Your understanding of the market value of our home was critical in the offer process and I believe provided a competitive advantage.

Buying a home in California is a much more complicated process than in Canada. The number of forms and documents required to purchase a home was surprising to us but you and your staff were of great assistance and gave us confidence we would eventually purchase the home. We want to give special recognition to Kristeen who answered all of our questions (sometimes twice!) during the escrow period.

We also want to thank you personally Dianne for the outstanding service you provided to Lori and I. You answered all of our questions and provided great advice on this purchase. We also appreciated providing service contacts and recommendations as these were very helpful to us.

We hope we will see you in the community when we begin enjoying Indian Ridge.

All the best,

Bill and Lori