July 2021

Found 5 blog entries for July 2021.

View of Palm Springs near mountains

If you’re thinking about buying a home or condo in the Palm Springs area and you plan on renting it out when you’re not staying in it, you’ll need to know whether that will be allowed.  The links below are to the short-term (under 30 days) rental policy pages of the various cities here in the Coachella Valley.  Keep in mind that any property, condo or house, located within an HOA is subject to the restrictions of the HOA first.  Here are links to the various city websites and policies.

Palm Springs Vacation Rental Policies

https://www.palmspringsca.gov/government/departments/special-program-compliance/vacation-rentals-1098

Cathedral City Vacation Rental Policies

https://www.cathedralcity.gov/services/vacation-rental-information

Rancho

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If you’re in the market for Palm Springs real estate, navigating the complexities of fee land can seem overwhelming. 

To help you better understand this complex subject, we’ll be breaking it down with a simple explanation of fee land as it compares to lease land and what these two different ways of owning property in the Palm Springs area could mean for you.

Palm Springs Fee Land History

To really understand the nuances of why these two ways of owning land in Palm Springs exist, a quick look back at the history of the area will help.

In the late 19th century, when the American government was dividing up the land, they created a checkerboard pattern of one square mile patches of land in which every other square was owned by the Agua

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View of typical palm springs neighborhood

With its top-rated country clubs, premier shopping districts, and outstanding natural landscapes, there's no wonder why so many homebuyers choose to invest in Palm Springs real estate.

Although the city is known for its retirement neighborhoods and active-adult communities, it's also a phenomenal place to raise a family.

The city is filled with convenient amenities, like charter schools and community parks, which make Palm Springs the perfect city for families.

To help you find the ideal community for your lifestyle, here are the best Palm Springs neighborhoods for families:

Ruth Hardy Park/Movie Colony East

Formerly known as Ruth Hardy Park, Movie Colony East is one of the most desirable neighborhoods for families in Palm Springs.

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Graphic depicting supply and demand to illustrate seller's markets in Palm Springs

Putting your home up for sale during a seller's market is optimal, as it will generally result in the completion of the sale with the greatest returns and the least amount of hassle.

However, there’s a bit more nuance involved in negotiating the best price during this ideal time.

To help you out, we’ve come up with some tips to ensure you get the most out of your home sale during this beneficial time. 

What is a Seller’s Market?

A seller’s market is created when there aren’t enough houses on the local market to keep up with its demands. 

Those lucky enough to sell their house in a seller's market will typically enjoy the ability to list the house at a higher asking price, and the house will spend less time on the market — typical of any

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Man calculating possessory interest for property in Palm Springs

If you’re a homeowner or potential homeowner in California, taxable possessory interest is something you should know about, as chances are it will affect you. 

While it may sound like an intimidating topic, we’ll have you caught up to speed in no time with a little simple clarification. 

It’s actually pretty simple: broken down, it’s just how much those on a long term lease owe to the people who own the property. But since so much property in California is owned by the BIA (Bureau of Indian Affairs), even homeowners can be subject to these taxes. 

This is an important topic for anyone looking for Palm Springs real estate, as this could easily affect potential buyers. 

Read on to find out more about possessory interest in Palm Springs and

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