Friday, March 19, 2010

How to Drive More Customers to Your Local Business With Social Geotagging | Social Media Examiner


You have been hearing from us about our new Facebook City Group Pages for the Palm Springs area. Palm Springs: Love of the Desert (http://www.bit.ly/apOwQN) is accompanied by Facebook Groups for its sister cities, searchable slightly differently as "Love of the Desert: (City Name) for Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta and Indio.
As you know, we are in the process of inviting local residents to be video interviewed (3 minute segments) and featured on our "Love of the Desert TV" channel, distributed to many Internet video outlets, including You Tube, Vimeo, Viddler and Daily Motion, among others. Please contact us at love@palmspringsgreathomes.com if you are a local entrepreneur, business owner, professional or just plain interesting.
You've also heard us talking a lot lately about our inclusion of http://www.foursquare.com/ in our Facebook City Groups. Have a look at this article by Clement Yeung published by Social Media Examiner on March 16, 2010. Geo-tagging is a very effective way to drive traffic to business. Foursquare has combined geo-tagging in a very compelling game application that provides rewards from businesses to the business clientele. And friends can check in from locations and report on the peeps, menu, action, etc. The customer also enjoys making her discovery of the business public and becoming the "Mayor" or other leading friend, which in turn can be parlayed to more recognition.
For more information and to discuss scheduling an interview, please contact us: love@palmspringsgreathomes.com

Wednesday, March 10, 2010

If You're Waiting for Palm Springs Real Estate to Hit Bottom...You've Missed It!

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Home sales in the Coachella Valley rose 22 percent while the median price jumped 19 percent in January, proving the area to be more resilient as sales sputtered across California.

That was all good news compared to the state. California's 27,858 sales of new and resale homes and condominiums were down 5.4 percent compared to January 2009.

The valley's median home sales price was $215,000 for all homes and condominiums combined in January. That reflected a 19.4 percent gain compared to the 180,000 in January 2009.

One home in Palm Desert sold for $7.5 million.

In the Coachella Valley, MDA DataQuick reported 748 total sales.

Condominiums led the way, posting 152 percent sales gains in January over the same month last year with 197 sales at the median price of $236,000.

Resale home activity was up nearly 4 percent with 513 sales at a median price of $198,000, according to DataQuick, the nationwide real estate monitoring firm.

New home sales fell 5 percent, with just 38 sales closing escrow that month. The new home sales median was reported to be $259,750, nearly 14 percent less than the median in January 2009.

Greg Berkemer, executive vice president of California Desert Association of Realtors, said sales data collected from Multiple Listing Service sales shows that existing home and condo sales rose by 51 percent from a year ago.

But because the inventory has remained flat for the past three months hovering at 8,100 properties it appears that even with increased sales, a replacement supply of new listings are coming onto the market. The steady supply continues to put downward pressure on pricing, he said.

It suggests that distressed properties and low-cost inland homes, such as those in the Coachella Valley, are grabbing the attention of buyers.

DataQuick reported that 44 percent of the existing homes sold in January in Southern California had been foreclosed on during the past year.

That was up from 40.8 percent in December, but down from 58.2 percent in January a year ago.

Foreclosure resales peaked at 58.8 percent last February.

The January stats underscore just how atypical this market remains. A huge chunk of what's selling is still distressed,'' MDA DataQuick president John Walsh said in a statement.

Investors and first-time buyers continue to dominate many areas, while the move-up market has yet to kick in.

For Riverside County, MDA DataQuick reported a 4.8 percent drop in year-over- year sales, from 3,320 in January 2009 down to 3,162. The median remained at $195,000.

The obtainable value of Palm Springs area real estate is nothing short of amazing. Have a look at our listings on our website for examples (or search the entire desert area MLS from our site).This is especially striking when compared to prices in cities form which people come to this area (Los Angeles, Seattle, Calgary, Minneapolis, etc).

Here's another in a series of local stories (The Desert Sun) that offer empirical proof that the Palm Springs area real estate market is rebounding. Now is the time to buy and sell homes in the Coachella valley. If you're waiting for the market to hit bottom...you've missed it!

Also have a look at the relevant, important information at the following link: http://bit.ly/bSY6rN (copy and paste to your browser).

Contact us at: love@palmspringsgreathomes.com to discuss.

Posted via web from Love of the Desert's Posterous

Friday, March 05, 2010

Everyone's Coming To The Palm Springs Area!

What's your pleasure?  The month of March is full of exciting events in the desert.

Indian Wells, California. March 8th thru the 21st.
Indian Wells Tennis Garden-BNP Paribas Tennnis Open.
On Friday March 12, former champion Roger Federer and Pete Sampras against Rafael Nadal and Andre Agassi in "Hit for Haiti".  Fans will get to donate to the Haiti Relief Fund.

And wait, there's more ... also coming to the desert on March 29th through April 4, 2010, Kraft Nabisco Golf Championship at celebrated Mission Hills Country Club in Rancho Mirage... 

and if that's not enough, how about Polo ?  24th Annual Skins Polo Game benefits Martha's Village & Kitchen March 28, 2010 at the El Dororado Polo Club in Indio. 

A lot of stuff going on the Coachella Valley.  Come spend the last two weeks of March with us. We only have time for a few more appointments during the last half of March. It seems everyone is trying to take advantage of the current home values and wants to see what's available while here. Contact us today (love@palmspingsgreathomes.com) to schedule your time with us (all available desert area homes for sale can be searched on our website). Also tell us to set you up on "Auto-prospecting" to receive emails listings of all properties as they come on the market.   

And, Check This Out:

Join the Facebook City Groups, below. You can send the above events to your friends and suggestthey join you!

Love of the Desert: Cathedral City

Love of the Desert: Rancho Mirage

Love of the Desert: Palm Desert

Love of the Desert: Indian Wells

Love of the Desert: La Quinta

Love of the Desert: Indio



 

 

 

Posted via web from Palm Springs Great Homes' Posterous