The Scott Lyle Fyle
Homeownership Rate Rebounds from 50-Year Low
Daily Real Estate News | Friday, July 28, 2017 The U.S. homeownership rate may have finally bottomed out, as the share of Americans who own homes is steadily climbing. The ownership rate posted an increase in the second quart...
New Things Coming To Palm Springs Hotels!
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New Home Development Approved In South Palm Springs!
The Palm Springs City Council has given the thumbs up to an 80-unit housing development on the city’s south end that was twice denied by the Planning Commission, whose members said the layout and density of the project didn’t jive with ...
4 Expenses Buyers Often Don’t Expect
Daily Real Estate News | Thursday, July 06, 2017 Buyers need to reserve the equivalent of about 2 percent to 5 percent of a home’s purchase price for closing costs, such as appraisal, lender, and title fees. But that�...
Condos Near Golf Cart Paths Command Lower Values
Daily Real Estate News | Thursday, June 29, 2017 Condos located near cart paths in golf course communities sell for lower prices than similar properties in the same communities, according to a new study published in The Appra...
New-Home Prices Hit Record High
Daily Real Estate News | Monday, June 26, 2017 The median price for a new single-family home reached a record high in May of $345,800, the Commerce Department reports. Buyers will be paying a huge premium for new construction...
DESERT HOME MARKET IS BOOMING
Source: The Desert Sun/6.26.17 Prices and sales climbed in May, with median houses above $300K ROSALIE MURPHY THE DESERT SUN Coachella Valley home sales and prices climbed again in May, with sales ticking up 1.5 percent year over y...
12M Consumers May Get Credit-Score Boost
Daily Real Estate News | Thursday, June 22, 2017 The three largest credit-reporting agencies will begin cleaning up credit reports in July, which could help lift the credit scores of about 12 million consumers. ...
What better place to see the stars than our own backyard?
Joshua Tree National Park Joshua Tree National Park (Photo: Lance Gerber/DESERT magazine) What better place to see the stars than our own backyard? Joshua Tree National Park spokesman George Land says there are ...
Fed Votes to Raise Key Interest Rate Again
Daily Real Estate News | Thursday, June 15, 2017 On Wednesday, the Federal Reserve took a largely expected move to raise its key interest rate one-quarter percentage point. This marks the second of three hikes that is expected to...
NAR: Buyers Face ‘Double Whammy’ This Spring
Daily Real Estate News | Wednesday, May 31, 2017 For the second consecutive month, pending home sales scaled back as significantly weak supply levels of homes for sale continue to press on affordability conditions, the National Association...
Buyer Beware: Home Prices Will Only Get Higher
Daily Real Estate News | Tuesday, May 16, 2017 Home sales reached their highest pace in a decade in the first quarter of 2017 as property prices continue to escalate, according to the National Association of REALTORS®' latest qu...