Coachella Valley Home Sales rise 9.4%

Coachella Valley Home sales rose 9.4 percent in September compared to September 2010 as reported in the Desert Sun .
This outpaced Riverside County and Southern California .

The valley's strength as a second-home market continues to help drive sales. One positive sign was that the percentage of distressed sales continues to fall, said Greg Berkemer, executive vice president of the California Desert Association of Realtors.
Since January of this year, 8,399 valley homes and condos have sold in the Palm Springs area . That’s nearly 5% more than in the first nine months of the previous year of 2010 as reported by DataQuick  The Coachella valley is on track to see more than 10,000 home and condo sales this year.

“A recovering market needs to see that continue every month,” said Berkemer, noting, “The desert had a better-than-expected summer.





Monthly Sales By City Zip Code: September 2011 versus 2010

■Palm Desert (zip code 92211) +60.9%

■La Quinta (92253) +34.1%

■Indio/Bermuda Dunes (92203) +11.7%

■Palm Desert (92260) +10%

■Cathedral City (92234) +4.2%

■Palm Springs (92262) +1.4%

■Indian Wells (92210) +0%

■Rancho Mirage (92270) -11.3%

■Palm Springs (92264) -9.1%

Stagecoach 2012 Tickets on Sale

2012 LINE UP ANNOUNCED



STAGECOACH: CALIFORNIA'S COUNTRY MUSIC FESTIVAL RETURNS FOR THREE DAYS OF MUSIC; FRIDAY, APRIL 27TH, SATURDAY, APRIL 28TH AND SUNDAY, APRIL 29TH.






BRAD PAISLEY, JASON ALDEAN , MIRANDA LAMBERT AND BLAKE SHELTON TO HEADLINE.

Stagecoach 2012 also features Alabama, Martina McBride, Kenny Rogers, Luke Bryan, Sara Evans, Chris Isaak, The Band Perry, Justin Moore, Eli Young Band, The Mavericks reunion and more.




If you are going to attend Stagecoach 2012 you better buy your tickets now and get your cowboy hat ready  !!

VIP Sold Out !
RV/Camping  Sold Out!


http://www.thesummitpalmdesert.com/

BNP Paribas Open 2011 Economic Impact

INDIAN WELLS CALIFORNIA
BNP PARIBAS OPEN


MARCH 5-18, 2012


A report recently released indicated the 2011 BNP Paribas Open in Indian Wells, Ca attracted 350,086 people  and put $289.9 million into the Palm Springs area economy last March.It is an increase of about $188 million from 2001 when the first report was complied.

This approaches Super Bowl proportions, not bad for our little valley of 320,000 folk's!

This is the most attended tennis tournament outside of the four Grand Slams and continues to grow.
As a tennis fan and player I am very excited to have the opportunity to have this type of premier tennis event in our backyard.


It does not get better than this for avid tennis player's along with the social tennis crowd!


 I can play tennis at Palm Desert Tennis Club in the morning and be at the BNP Paribas Open in Indian Wells in 15 minutes !!
Every year the new owner Larry Ellison spends the funds to make the event even better.
Looking at these numbers you better think about booking a room early if you can still find something available.
It is only October and the valley is active . Lot's of snowbirds are coming back for the season ready to enjoy another great season in the desert.