Real Estate News

Real Estate

City of Palm Desert secures an $8 million housing infrastructure grant

The City of Palm Desert has announced the acquisition of an $8 million grant from the Southern California Association of Governments (SCAG). The funds will be allocated towards building infrastructure to support housing.

Real Estate

City of Coachella announces housing improvement grant program

The city of Coachella is working in partnership with the Housing and Workforce Solutions of Riverside County to fund a grant program for improvements to home exteriors.

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Real Estate

Greater Palm Springs Realtors announces disaster relief program for Tropical Storm Hilary victims

Greater Palm Springs Realtors has recently announced a disaster relief program aimed at assisting victims of Tropical Storm Hilary. The program, introduced in response to the damages caused by the storm, will offer financial support to those who have been affected by flooding disasters. Residents of Palm Springs, Cathedral City, or Desert Hot Springs who have experienced housing disruptions due to the storm may be eligible for assistance of up to $2,500.


Real Estate

Local Realtor on area housing market: 'Coachella Valley inventory has increased from its record low'

Housing markets around the country continue to readjust to increased interest rates, and the Coachella Valley is not exempt from those effects.


Real Estate

Greater Palm Springs Realtors report: Coachella Valley home price decline a 'general corrective turn'

The Coachella Valley housing market continues to see a “corrective turn” in home prices, according to the latest Greater Palm Springs Realtors report published Oct. 10.


Real Estate

City of Palm Springs sues College of the Desert over West Valley campus dispute: 'legacy of support' lost

A backfired deal between Palm Springs and the College of the Desert over the city's donation of land has turned rocky enough to end up in court.


Real Estate

Sellers can expect their homes to be on the market 'longer than it would have been last year,' says real estate agent

The Palm Springs area may continue to see an increase in home prices, as Stephanie Taylor, a realtor, said the market is below a balanced or "normal" market.


Real Estate

Coachella Valley Realtor explains market conditions: 'What we are seeing is a plateau of home prices'

Home sales in Coachella Valley are on the decline, the downturn caused by a seasonal trend and the challenge of a record-low inventory.


Real Estate

Housing prices reach nearly double the national average in Coachella Valley: 'As prices have gone up, cash buyers have continued to pave the way

This month, year over year housing price increases have reached nearly double the national average in Coachella Valley. Confirming this increase is Kimberley Kelly, a Real Estate Agent at Kimberley Kelly and Associates.


Real Estate

Disney breaks ground on Cotino at 'grand oasis' in Rancho Mirage, first 'Storyliving' housing community in US

The Walt Disney Co. broke ground May 17 on Cotino, a residential community in the Rancho Mirage city of Coachella Valley.


Real Estate

Foxden Hospitality Completes Record Sale of Dive Palm Springs

The $5.15M sale of Dive marks the highest recorded price in Palm Springs history on a cost per key basis


Real Estate

Temple City Councilmember Chavez: 'What we’re trying to do here is to mitigate the impact of what we believe is a ridiculous state law.'

Cities around California are resisting a new housing law, Senate Bill 9, which allows duplexes to be built on properties previously zoned as single family.


Real Estate

CDAR: 'This bill taxes homeownership and offers the wrong solution for California's housing crisis'

The California Desert Association of Realtors (CDAR) has taken a stand against AB 1771, also known as the California Housing Speculation Act, finding the additional tax detrimental during "California's housing crisis."