How to Keep Your Jewelry Safe While You Sell Your Home

How to Keep Your Jewelry Safe While You Sell Your Home

How to Keep Your Jewelry Safe While You Sell Your Home

It’s an unfortunate fact that thieves often target homes on the real estate market. Sometimes these thieves are serial offenders, but they can also be prospective buyers or real estate agents gone rogue.

To minimize temptation, store your valuables, especially fine jewelry, in a safe and secure place whenever you have potential buyers or agents in your home. Avoid leaving valuables unsecured in easy-to-access areas. We’ve outlined several ways to avoid mistakes and keep your valuables safe before and while you sell your home.

Before Listing Your Home

Protecting your belongings starts before your home even goes on the market. Complete these simple tasks ahead of time to ensure that you can protect yourself and recover any losses if something goes wrong.

1. Make sure you have a detailed receipt or appraisal for each piece of jewelry. A detailed receipt will have information about each item’s metal and diamonds or precious gemstones. It should also have the price you paid or a current estimate of the piece’s value. These documents will be very useful in the event something does happen to your valuables.

2. As you begin the process of listing your home and staging your house for pictures or virtual tours, take jewelry boxes off the counters and remove jewelry cabinets or armoires from view. Criminals often case homes using the listing photos, so don’t leave any signs of fine jewelry in these promotional images.

3. We’re focusing on your precious jewelry and valuables, but you can also apply these tips to any item someone may be tempted to steal.

While Your Home is on the Market

Now that you’ve appraised your jewelry and removed it from sight, let’s talk about how to protect your belongings while strangers visit your home.

Lock it up — Most real estate experts will tell you that the best way to keep any item safe is to lock it up. It’s not as simple as “out of sight, out of mind”; you don’t know who might open drawers or cabinets during an open house. Find a secure place that you can store your valuables, such as a safe or a locking drawer. If you don’t have a safe or secure place to lock away your jewelry, consider renting a safety deposit box while your home is on the market.

Find a friend — Your friends and neighbors will be sad to see you go, but you might be able to ask them for one last favor. Ask a trusted friend to babysit your valuables temporarily. Explain that you’d like to keep them out of the house while strangers are present, and be willing to reward them with homemade treats or a bottle of wine for their generosity. But before you ask, make sure they’re a good candidate for the job. Do they have small children who get into everything, or do they have contractors or other strangers in their home? No matter what, secure your pieces in a locked box before you take them over.

Take it with you — This won’t work for everyone, as some agents bring prospective buyers over when you’re out of the house. But if you require your agent to give you notice whenever they schedule a visit, this option may be the perfect fit for you. Keep your valuables ready to lock up and take with you before the appointment begins. This option may be the most difficult in today’s housing market, since many buyers want to see your home on short notice.

Whichever solution you choose, make sure to put your pieces into soft velvet pouches, jewelry boxes, or small plastic bags. This storage technique will keep each item separate and safe from scratching, tangling, or other damage. Check your homeowner’s policy to make sure your policy covers valuables. Your diamonds may be covered against chipping, cracking and loss from the mounting by your jeweler, but loss and theft of the entire ring may not be covered. If you need additional coverage, it’s best to know as soon as possible.

Selling a home can be a stressful time, but these steps will save you from worrying about your valuables. With some creativity and planning, you can rest assured knowing that prospective buyers won’t be tempted to take anything that’s not theirs.



Sun City Mesquite Information

Sun City Mesquite Information.  


This amazing community is built by Pulte in Mesquite, Nevada. This master plan is approximately 2,014 acres in size. Sun City Mesquite is being built within this master plan on 812 acres. Also included will be 167 acres of conventional housing without age qualification. An 18 hole Gary Panks designed golf course is a central feature. Upon completion, this community is projected to have 4,600 homes, including 3,600 homes in Sun City Mesquite. The grand opening for the public was June 16th, 2007.  Amenities include an 18-hole putting course, tennis, pickle ball and bocce courts, 30,000 SF clubhouse has billiards room, state-of-the-art gym, aerobics studio, indoor pool & spa, indoor walking track, clubs, classes, and over 100 activities. Conestoga Golf Club provides a scenic backdrop to the outdoor pool & two spas. Sun City residents receive discounts on meals at Conestoga Golf Club’s 1880 Grill.

Below is a link of all the currently listed properties in Sun City Mesquite. This information is updated every 24 hours.

 When this project opened what it offered had two potential advantages over similar developments in other areas, price and the ability to have a Pulte/Del Webb community only in more of a small town environment.  The small town advantage is still there for those that prefer it. The price advantage is lower then similar homes in the Las Vegas area. One additional advantage now is that Sun City Mesquite is now the only age restricted community in the area selling new homes that offers comparable home sizes and options that are on the scale of the larger age restricted communities in other Del Webb developments. I drove the community with my GPS and found that the elevations of the current construction at this community range from 1,750 ft. to 1,850 ft. above sea level.

Note that several new floor plans have been added with also several discontinued. The new floor plans are a drastic departure from what Pulte/Dell Webb has offered in the past. Significant structural options have not been a part of the Pulte/Del Webb philosophy. Now there are an incredible number of customizations available.

Current selling prices for both new and resale, over the last year run between $125 and $190 per sq. ft. That starts somewhat lower than the median selling prices per sq. ft. for the Sun City communities in the greater Las Vegas area.

Sun City Mesquite has 22 single story home designs ranging from 1,241 to 3,115 sq. ft. Base prices range for the current models, at the time of this writing, May 7, 2017 are between $185,990 and $332,990. The sizes of these current models range from 1,241 to 2,514 sq. ft. I know this development well and have represented many buyers here. It is a beautiful community with great mountain views and wonderful topography. Many lots will be at elevation, looking down into the community as well as out into the valley Contact me at the email or phone number below with any questions you may have.

Sun City Mesquite Photos

Click on thumbnail picture to view larger image.

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This is a newer and very interesting option to other age restricted communities, Del Webb and otherwise, presently available in the Clark County, Nevada area. It may also appeal to prospective buyers that may otherwise pick another location in the southwest. The travel distance from this community to the strip/airport area in Las Vegas to be around hour & 15 Minutes.  Mesquite is also around 30 minutes from St George Utah, a larger and more developed community with shopping and other services that Mesquite lacks at this time. Mesquite itself is a nice clean city with mostly newer construction. In the mid 1980’s Mesquite was a relatively quiet farming community with a few businesses catering to the travelers along I-15. The population at that time was around 800 people. The population has increased to over 19,000 with most of that increase coming within the last 15 years. The weather in Mesquite is similar to Las Vegas with summer and winter high temperatures about the same. Night time lows are somewhat cooler.

There is quite a bit of development in the area of Anthem, Mesquite (master plan being called Anthem). A new hospital is within a mile of the community.

If you have any questions about these projects let me know. I will update these pages when additional information becomes available. I can also put you on my mailing list to receive updated information per your request. I hope you have enjoyed this information and will remember me if you would like Realtor representation to purchase and/or sell a home. Thank you.

Please note that I am an independent Realtor that can represent you in your purchase at Sun City Mesquite, at no cost to you. I do not represent the builder or are otherwise affiliated with the builder, Del Webb Pulte.

You can view all the new models and resale homes at Search Sun City Mesquite.

Mesquite Real Estate

Not Your Father’s Retirement: Three Ideas That Are Reinvigorating The Next Stage

Not Your Father’s Retirement: Three Ideas That Are Reinvigorating The Next Stage

Not Your Father's Retirement: Three Ideas That Are Reinvigorating The Next Stage

That anemic, antiseptic-smelling place where you used to visit Grandpa in his final years? That’s a thing of the past. Same for the idea of the typical “retirement community,” which was reimagined as the more evocative “active adult” many years ago, thanks to masterplanned developers like Del Webb and its Sun City brand. And now it’s going through another reincarnation, away from the typical and toward a more tailored, more exciting, more personally rewarding, and sometimes more exotic experience. One thing is for sure. This isn’t your father’s retirement.

Wastin’ away…

Excuse the ironic lyrical intro, but there’s just something about the idea of Jimmy Buffet, singer of “Margaritaville” and purveyor of perhaps the ultimate in relaxed, retirement-age “livin’ it up,” putting his name on a retirement community. Which is what makes Latitude Margaritaville so enticing to a new group of retirees looking for more than water aerobics.

“If there’s one person in the world who knows how to kick back and relax, it’s Mr. Margaritaville himself,” said House Beautiful. “Maybe that’s why Jimmy Buffett partnered with Minto Communities to create a community for people 55-and-older in Daytona Beach, which promises to reflect the lifestyle embraced in Buffett’s songs.”

The community is planned to have 6,900 homes designed in Old Florida and Key West architectural styles, priced from the low $200,000s, and located within – not surprisingly – a “total tropical vibe. Of course there’s a pool with cabanas instead of a park or statue like most town squares,” they said. “Music, food and beverages will be big part of the community, along with relaxation thanks to an onsite fitness center, indoor lap pool and spa and the outdoor resort-style pool.” And, you can expect Jimmy himself to show up for concerts.

Homes are expected to be finished in 2018, at which time a second location of the singer’s retirement communities, Latitude Margaritaville Hilton Head in South Carolina, will also be underway. This newly announced location will include more than 3,000 homes in a classic coastal architectural style from the low $200,000s, with amenities including “a private, resident only Town Center, resort-style pool, fitness center, social hall, game and hobby rooms, arts and learning programs, indoor and outdoor dining with signature food and beverage concepts, pickleball, tennis courts and more,” said Forbes. So how is the idea connecting with retirees? “There were over 10,000 registrants in the first two weeks of offers for the Daytona community and there are more than 70,000 at this point,” said Forbes.

Coloring outside the lines

If an endless vacation vibe isn’t your thing, perhaps being part of an artist’s colony is. That’s the idea behind the NoHo Senior Arts Colony, a new community of one- and two-bedroom luxury apartments for those 62 and up that offers a “new way to enjoy your next chapter,” they said. In the middle of the vibrant NOHO Arts District in Los Angeles, this retirement option offers “more than just the typical pool and fitness center, with “unique features including a visual arts studio, digital arts room, stadium-style performing arts theater — The Road Theatre Company’s second home — and complimentary arts and wellness programs offered by EngAGE®.”

Senior Living notes that the “posh” NoHo Senior Arts Colony is “mostly Hollywood writers and actors, and anyone into the artsy business” and that the theater is “open to be used by retirement community residents whenever there are no shows scheduled.”

Tiny Homes

One of the fastest-growing retirement trends today is tiny home living. This gives retirees the freedom of their own space in a smaller footprint with less maintenance and the camaraderie of others in a village environment, if they so choose, or privacy if they wish to be located on their own piece of land. Depending on zoning, tiny homes can be placed in an existing back yard – a choice many retirees are making so they can have their own space while being close to family.

“The benefits of tiny homes are obvious,” says George Chmael, the CEO of Council Fire, an Annapolis, Maryland-based consultancy that advises nonprofits, corporations, governments and communities on sustainable building practices, on AARP. “There’s reduced maintenance, a reduced financial burden and added movability and mobility for a change of circumstances.” For seniors, that means: less home maintenance work, lower expenses, and “the flexibility to adapt to whatever the future brings.”

The popularity of this retirement option has given way to a new term: the “granny pod.” The self-contained, 12-foot x 24-foot units, like those being sold as MedCottage, are being promoted as a potential option not just for retirees looking for an inexpensive option that allows them to be within arm’s reach of loved ones, but also as “the solution to nursing homes,” said David Wolfe. “These ‘Granny Pods’ are specially built with the safety of a senior in mind. They include a small kitchen, bedroom, and bathroom all designed to safely house a senior. The bathrooms are handicap accessible with railing and safety features built in.”

Additional safety features include webcams so family and caretakers can monitor them, padded floors to protect against falls, and high-tech “robotic features that can monitor vital signs. In addition, they can filter the air for contaminants while sending alerts reminding when to take supplements, superfoods, and superherbs.”



It Is Not Working!

Heart surgeon speaks out on what really causes heart disease

We physicians with all our training, knowledge and authority often acquire a rather large ego that tends to make it difficult to admit we are wrong. So, here it is. I freely admit to being wrong. As a heart surgeon with 25 years experience, having performed over 5,000 open-heart surgeries, today is my day to right the wrong with medical and scientific fact.

I trained for many years with other prominent physicians labelled “opinion makers.” Bombarded with scientific literature, continually attending education seminars, we opinion makers insisted heart disease resulted from the simple fact of elevated blood cholesterol.

The only accepted therapy was prescribing medications to lower cholesterol and a diet that severely restricted fat intake. The latter of course we insisted would lower cholesterol and heart disease. Deviations from these recommendations were considered heresy and could quite possibly result in malpractice.

It Is Not Working!

These recommendations are no longer scientifically or morally defensible. The discovery a few years ago that inflammation in the artery wall is the real cause of heart disease is slowly leading to a paradigm shift in how heart disease and other chronic ailments will be treated.

The long-established dietary recommendations have created epidemics of obesity and diabetes, the consequences of which dwarf any historical plague in terms of mortality, human suffering and dire economic consequences.

Despite the fact that 25% of the population takes expensive statin medications and despite the fact we have reduced the fat content of our diets, more Americans will die this year of heart disease than ever before.

Statistics from the American Heart Association show that 75 million Americans currently suffer from heart disease, 20 million have diabetes and 57 million have pre-diabetes. These disorders are affecting younger and younger people in greater numbers every year.

Simply stated, without inflammation being present in the body, there is no way that cholesterol would accumulate in the wall of the blood vessel and cause heart disease and strokes. Without inflammation, cholesterol would move freely throughout the body as nature intended. It is inflammation that causes cholesterol to become trapped.

Inflammation is not complicated — it is quite simply your body’s natural defence to a foreign invader such as a bacteria, toxin or virus. The cycle of inflammation is perfect in how it protects your body from these bacterial and viral invaders. However, if we chronically expose the body to injury by toxins or foods the human body was never designed to process,a condition occurs called chronic inflammation. Chronic inflammation is just as harmful as acute inflammation is beneficial.

What thoughtful person would willfully expose himself repeatedly to foods or other substances that are known to cause injury to the body? Well, smokers perhaps, but at least they made that choice willfully.

The rest of us have simply followed the recommended mainstream diet that is low in fat and high in polyunsaturated fats and carbohydrates, not knowing we were causing repeated injury to our blood vessels. This repeated injury creates chronic inflammation leading to heart disease, stroke, diabetes and obesity.

Let me repeat that: The injury and inflammation in our blood vessels is caused by the low fat diet recommended for years by mainstream medicine.

What are the biggest culprits of chronic inflammation? Quite simply, they are the overload of simple, highly processed carbohydrates (sugar, flour and all the products made from them) and the excess consumption of omega-6 vegetable oils like soybean, corn and sunflower that are found in many processed foods.

Take a moment to visualize rubbing a stiff brush repeatedly over soft skin until it becomes quite red and nearly bleeding. you kept this up several times a day, every day for five years. If you could tolerate this painful brushing, you would have a bleeding, swollen infected area that became worse with each repeated injury. This is a good way to visualize the inflammatory process that could be going on in your body right now.

Regardless of where the inflammatory process occurs, externally or internally, it is the same. I have peered inside thousands upon thousands of arteries. A diseased artery looks as if someone took a brush and scrubbed repeatedly against its wall. Several times a day, every day, the foods we eat create small injuries compounding into more injuries, causing the body to respond continuously and appropriately with inflammation.

While we savor the tantalizing taste of a sweet roll, our bodies respond alarmingly as if a foreign invader arrived declaring war. Foods loaded with sugars and simple carbohydrates, or processed with omega-6 oils for long shelf life have been the mainstay of the American diet for six decades. These foods have been slowly poisoning everyone.

How does eating a simple sweet roll create a cascade of inflammation to make you sick?

Imagine spilling syrup on your keyboard and you have a visual of what occurs inside the cell. When we consume simple carbohydrates such as sugar, blood sugar rises rapidly. In response, your pancreas secretes insulin whose primary purpose is to drive sugar into each cell where it is stored for energy. If the cell is full and does not need glucose, it is rejected to avoid extra sugar gumming up the works.

When your full cells reject the extra glucose, blood sugar rises producing more insulin and the glucose converts to stored fat.

What does all this have to do with inflammation? Blood sugar is controlled in a very narrow range. Extra sugar molecules attach to a variety of proteins that in turn injure the blood vessel wall. This repeated injury to the blood vessel wall sets off inflammation. When you spike your blood sugar level several times a day, every day, it is exactly like taking sandpaper to the inside of your delicate blood vessels.

While you may not be able to see it, rest assured it is there. I saw it in over 5,000 surgical patients spanning 25 years who all shared one common denominator — inflammation in their arteries.

Let’s get back to the sweet roll. That innocent looking goody not only contains sugars, it is baked in one of many omega-6 oils such as soybean. Chips and fries are soaked in soybean oil; processed foods are manufactured with omega-6 oils for longer shelf life. While omega-6’s are essential -they are part of every cell membrane controlling what goes in and out of the cell — they must be in the correct balance with omega-3’s.

If the balance shifts by consuming excessive omega-6, the cell membrane produces chemicals called cytokines that directly cause inflammation.

Today’s mainstream American diet has produced an extreme imbalance of these two fats. The ratio of imbalance ranges from 15:1 to as high as 30:1 in favor of omega-6. That’s a tremendous amount of cytokines causing inflammation. In today’s food environment, a 3:1 ratio would be optimal and healthy.

To make matters worse, the excess weight you are carrying from eating these foods creates overloaded fat cells that pour out large quantities of pro-inflammatory chemicals that add to the injury caused by having high blood sugar. The process that began with a sweet roll turns into a vicious cycle over time that creates heart disease, high blood pressure, diabetes and finally, Alzheimer’s disease, as the inflammatory process continues unabated.

There is no escaping the fact that the more we consume prepared and processed foods, the more we trip the inflammation switch little by little each day. The human body cannot process, nor was it designed to consume, foods packed with sugars and soaked in omega-6 oils.

There is but one answer to quieting inflammation, and that is returning to foods closer to their natural state. To build muscle, eat more protein. Choose carbohydrates that are very complex such as colorful fruits and vegetables. Cut down on or eliminate inflammation- causing omega-6 fats like corn and soybean oil and the processed foods that are made from them.

One tablespoon of corn oil contains 7,280 mg of omega-6; soybean contains 6,940 mg. Instead, use olive oil or butter from grass-fed beef.

Animal fats contain less than 20% omega-6 and are much less likely to cause inflammation than the supposedly healthy oils labelled polyunsaturated. Forget the “science” that has been drummed into your head for decades. The science that saturated fat alone causes heart disease is non-existent. The science that saturated fat raises blood cholesterol is also very weak. Since we now know that cholesterol is not the cause of heart disease, the concern about saturated fat is even more absurd today.

The cholesterol theory led to the no-fat, low-fat recommendations that in turn created the very foods now causing an epidemic of inflammation. Mainstream medicine made a terrible mistake when it advised people to avoid saturated fat in favor of foods high in omega-6 fats. We now have an epidemic of arterial inflammation leading to heart disease and other silent killers.

What you can do is choose whole foods your grandmother served and not those your mom turned to as grocery store aisles filled with manufactured foods. By eliminating inflammatory foods and adding essential nutrients from fresh unprocessed food, you will reverse years of damage in your arteries and throughout your body from consuming the typical American diet.



Home is where the heart is, but, increasingly, it’s also where the cool is. The latest tech creations and fun features that make everyday living so inspired you don’t want to leave can turn a good home into something spectacular.

Whether you’re looking to build a home that is the envy of the neighborhood – or one that could double as the next James Bond pad—or simply add a few features to up the fun factor or increase recreational opportunities, we’ve got some great options here.

1. Indoor resort pool

Anyone can have a resort-style pool. But how about an indoor resort pool complete with waterfalls, a grotto, and even an underground sound system? Hello, Playboy Mansion!

Not only is this one of the coolest pools we’ve ever seen, it’s also usable year round – perfect for the Lake Tahoe, CA homeowner who wants to luxuriate by the pool even when the ground is covered in 10 feet of snow.

2. Dining room/pool table

This could save a lot of marriages. It’s a hybrid dining room table-pool table that will end the argument about what goes in the dining room. I need this. Everyone needs this.

Bored Panda
3. Classic car pool table

Don’t care about your marriage (or have a separate space for your pool table other than the dining room)? This one’s for you.
4. See-through bathtub

We’re not sure who this is for, exactly. But we’re pretty sure we want to know them.

Bored Panda
5. Pouring light lamp

Part light fixture, part sculpture, this lamp “uses LED lights that are situated in the bucket and with the help of phosphorescence in the “water” it lights in a marvelous way,” said Design your way.

Design your way
6. Putting green

Have a side yard you’re not sure what to do with? How about turning it into a putting green?

7. Tabletop fireplace

Sad because you don’t have a fireplace? Add a tabletop version and create a little romance and intrigue for just over a hundred bucks. It might not keep you warm and toasty, but it will give you that flickering flame effect, and it burns clean liquid nu-flame bio-ethanol fuel.

8., 9., 10. Secret rooms

If you’re building a house, you have infinite opportunities for creating something cool. Like this secret cellar hatch. Or any of these secret rooms. Or this hole in the floor…

that leads to this…


Written by Jaymi Naciri

What is a C.L.U.E Report?

What’s In a C.L.U.E Report?

The information included in a C.L.U.E. report is the homeowners name and birth date, insurance policy number, dates of losses, types of losses, payments made by the insurance company, a description of the covered property, and the property address. Insurance companies do not report inquires, but they do report cases in which they set up a file for potential claim, formally deny a claim, or pay out on a claim that was made.

Insurance Claims - C.L.U.E. ReportWhen claims are filed against a property, property insurance costs may increase, or coverage could be denied or difficult to obtain. Not only may the cost of insurance increase, but a report with claims filed could also indicate problems with the property, warding off potential buyers. Savvy sellers will obtain a copy of their C.L.U.E. report at the time the property is listed to provide assurance to potential buyers. Potential buyers would be wise to request a copy of the C.L.U.E. report as a contingency with an offer. A C.L.U.E. report is beneficial to the buyer and the seller in a real estate transaction.

When a property has experienced an accumulation of claims, insurance companies could opt out of providing insurance, or may charge higher rates. This consequence affects the buyer of the property, whose over-all monthly housing expenses could be increased, or who may have trouble obtaining homeowners insurance.

You might also like: The Worst (and Best) Home Improvements for Increasing Your Property Value

Homeowners, prior to listing their property for sale, can obtain a free copy of their C.L.U.E. report as mandated by the Fair Credit Reporting Act. By securing a copy of your C.L.U.E. report before selling your house, you have an opportunity to modify any incorrect information, and can also add a note or brief explanation to a specific item or items that will show in future reports. To obtain a copy of your C.L.U.E. report, contact the consumer center at LexisNexis® at 888-312-8076. You can request corrections to your report or to note an explanation by calling 888-497-0011. You can also visit LexisNexis® online at





Following is an article of interest to buyers. Buying LOW and Selling HIGH is the wish every buyer and seller tries to achieve, but that’s not ablways possible. Following is an excerpt from an article telling Buyers WHY buying NOW is Perfect Timing, and WHY waiting could cost you $$$.

Desert Home Prices Still 30 Percent Below Peak

Excerpts from Desert Sun 7:15 a.m. PDT July 28, 2015 by Rosalie Murphy

Nationwide, prices for existing homes hit their pre-recession levels again in June — but in California and in the desert, prices are still well below those 2007 peaks.

Local agents say that rather than pointing to a weak housing market, those numbers show that California real estate is returning to normalcy.

The median sale price for a Coachella Valley home was $295,000 in June, in line with median prices from the past year but still 30 percent below the region’s $420,000 peak in the summer of 2007, according to data from real estate research firm CoreLogic DataQuick.

In Southern California, the median sale price in June was $442,000 — the highest price since October 2007, but still 12 percent below that year’s peak of $505,000.

Nationwide, houses fetched a median price of $236,400, surpassing the July 2006 peak of $230,400, according to the National Association of Realtors.

“California (prices) went up further and faster than the rest of the nation, and we came down a lot harder,” said Leslie Appleton, chief economist with the California Association of Realtors. “Even though national prices are back to their peak, their median is $200,000 less than we are. It’s a very different dynamic.”

Appleton cautioned that the only California counties that have seen prices return to peak levels are those surrounding San Francisco, where housing prices are notoriously high as Silicon Valley booms. She expects prices across California will return to peak levels, but more slowly — hopefully as incomes increase.

Habits have changed since the recession, too. For example, a 2015 California Association of Realtors survey says homebuyers plan to stay in their homes for 20 years on average, compared to just six years in 2013. Appleton said buyers struggle to secure financing under stricter credit rules. And the foreclosure market has largely dried up,eliminating a swath of cheap homes.

At the same time, the construction industry has been slow to recover — meaning there aren’t enough homes for many potential buyers.

“That’s why the California market is underperforming — it’s a lack of supply,” Appleton said. “We just don’t have enough inventory for sale.”

Palm Springs Real Estate PricesAs prices rise, more first-time and lower-income homebuyers struggle to purchase homes. According to the California Association of Realtors’ annual homebuyers survey, between 42 and 54 percent of buyers during the recession were first-time purchasers. During the bubble years from 2005 to 2008, less than a quarter of buyers were first-timers.

In 2015, first-timers were 40 percent of buyers surveyed in California.

“Limited inventory amidst strong demand continues to push home prices higher,” said Lawrence Yun, chief economist for the National Association of Realtors, in a statement. “Local officials in recent years have rightly authorized permits for new apartment construction, but more needs to be done for condominiums and single-family homes.”

Developers are planning several hundred new homes for the desert this year, which we hope will ease the market. For example, GHA Companies’ Genesis project in Palm Desert has started grading for 166 homes, and the Millennium development will include several hundred multifamily units in the coming years.

In the housing bubble’s development heyday, GHA president Mario Gonzales said, the company had 11 communities underway at once. Today, they’re working on around half as many.

Most Realtors feel the real estate market is coming back to a more normal market. What we are seeing is a market that’s a lot more sustainable.

Coachella Valley

June 2015 median price for all homes: $314,000

Peak median price for all homes: $420,000 in July 2007

Difference: 30 percent below peak

Southern California

June 2015: $442,000

Peak: $505,000 in March, April, May and July 2007

Difference: 12 percent below peak

Sources: CoreLogic DataQuick and the National Association of Realtors

Written by Nancy Hankin

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