Today, the city of Palm Springs touts Modernism Week as one of its signature events, stretching over 11 days in February and drawing tens of thousands of architecture and design buffs from around the globe.
Real Estate Visionary - Bighorn Properties has been an unmatched resource for buyers and sellers since the inception of Bighorn Golf Club, having successfully negotiated more than $2.4 billion in property sales.
Arts, Media & Entertainment Visionary - “It’s two hours from everything, whether you want to be in the mountains or by the ocean. It’s a huge community of good people, and it’s become a mecca of good design.”
The Pattern in valley housing over the last two years has been strong price increases fueled not by a powerful wave of home buyers but by a severe lack of home sellers. However, this pattern might finally be changing.
California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month, according to the California Association of Realtors.
Even after five years of the strongest government stimulation in American history, real wages are still down 10 percent, and the broadest measure of unemployment is 12.7 percent, just 4 percent less than its all-time high.
The sophisticated Moroccan-style Casbah Cove residence in Bighorn Golf Club features an amazing 30-by-40-foot retractable glass ceiling in the center of the house that opens to blue skies and starry nights.
About four years ago, something unexpected happened on the eastern edge of Joshua Tree. Architect Robert Stone began building two houses that recalibrate the notion of what new desert architecture can mean.
Construction will begin this fall on Vallera Palm Springs, following an agreement between The Agua Caliente Band of Cahuilla Indians with The Rilington Group to build on Tribal trust land in downtown Palm Springs.
Spread over 640 sun-drenched rolling acres, this community developed by the acclaimed Sunrise Company combines the idyllic charm of Tuscany with the Coachella Valley’s distinctive ‘California casual’ vibe.
Renova — a full-service solar power plant builder for homes, businesses, and nonprofits from the Coachella Valley to the Salton Sea — began as Battaglia’s MBA thesis at UC Riverside Palm Desert Graduate Center.
Great ideas can be born anywhere, but they come to Greater Palm Springs to thrive. The Coachella Valley Innovation Hub (CViHub) has added a 45,000-square-foot Accelerator Campus and graduated its first class of entrepreneurs, with more in the pipeline.
Home prices in the first four months of the year continued to surge at double-digit rates. A close look at these large gains reveals an important mechanism driving the housing recovery in the Coachella Valley.
Home prices are higher, but there is concern that the Fed’s Quantitative Easing program might create another price bubble or that rising mortgage rates of the last few months will stop the housing recovery.
Amid the flutter of butterfly roofs and other specimens of midcentury modernism in The Mesa neighborhood in Palm Springs, a lone Craftsman home stands out on a grassy flat. The handcrafted property features Brazilian Koa hardwood floors and several low-pitched rooflines, bearing exposed rafters — a signature of the home’s breed and the artisan’s expertise.
The median price per square foot for the Coachella Valley rose another 4 percent to $135 in January — a three-month increase of 14 percent. Market Watch projects a year-end price of $150, assuming sales pick up in the next few months.
People to our east may have the Grand Canyon, Gateway Arch, and Broadway, but they also have intolerant immigration rules, tornadoes, and stressful traffic. People to our west may have Pacific Ocean beaches and Sunset Boulevard, but they also have fog and stressful traffic.
Jet-setting to the desert from Italy, British heiress Patricia Gucci heard about a one-bedroom casita with a 23-acre front yard in the hills above Palm Desert. She bought the Mountain Center property in 1993 and transformed it into an 11,000-square-foot, 10-bedroom/10-bathroom main house with guesthouses.
Most observers wonder whether last year’s price gains will continue this year and into next. The forces of supply and demand, which drive the prices of all markets, appear more positive than ever for desert housing.