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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.
Before Palm Springs was incorporated as a city in 1938, architect William Charles Tanner's noteworthy work included the Thomas O’Donnell House.
Merv Griffin's 39-acre equestrian estate in La Quinta, which had become a party house for the Coachella Music & Arts Festival, has sold for $7 million.
Owners Betsy Smalley and Garth Gilpin have maintained an ‘open door’ policy ever since they purchased the Old Las Palmas property in Palm Springs, which was owned by Liberace.
The Market Watch seminar on April 26th begins by explaining to us the 8% price gain in the median price per sq. ft. of a Valley home during the first three months of this year.
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