Palm Springs Real Estate, Rancho Mirage Real Estate both have a new Address!
By Bill Morgner
(The Morgner Group - HomeSmart Professionals Palm Springs)
So today I begin my journey on active rain. Over the weekend I had the privilege of meeting an incredible number of quality people at my open house on both Saturday and Sunday at 276 Neutra St. in Palm Springs exclusive gated community called ALTA. One thing that was consistent on everyone's minds- and what they continued to express to me is their hope that the real estate market in Coachella Valley, Palm Springs, Rancho Mirage, Palm Desert, La Quinta, Indian Wells has hit bottom. Well, if I use the small community of ALTA as a barometer, I would say that it has! Over the past 45 days, we have had 2 closings and 1 go into escrow- after 1 solid year of no activity. AND it's AFTER SEASON! The canadian investors have flown home, and it is almost all locals at this point, and sales a...
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