Bank Owned Property (REO) Educational Weekend

Contact our office for our September seminar on REO property and purchasing property for Canadian buyers. We have organized a very informational 2 1/2 hour presentation here in the desert followed by a property tour of bank owned or REO properties. We have been very successful getting the best deals for our buyers representing their interests by examining all the best deals available and filtering to show our clients the best deals. You have questions and we will have experts on hand to speak with you about title, tax, and ownership issues. Of course as agents our specialization is to find you the best property at the best price. Ever wondered how property taxes are calculated in California? How about the current mortgage market? Need answers on that? No problem, we have arranged to have specialists available and have put together a weekend of reduced rates for great meals, lodging, golf, tennis, and of course we will be taking you out to show you the properties that appeal to you. Call 760-864-1410 or email the office jmetzm1@gmail.com to find about our next weekend and how you can take advantage of this amazing opportunity to visit the desert, learn, and possibly buy your dream home. We look forward to helping you. MP

Former Crosby Estate - Ironwood Country Club

We are proud to present the most amazing property in Ironwood Country Club and one of the most unique properties in the desert. The former home of Bing Crosby, this property boasts 7 bedrooms, 7.5 bathrooms and 2.5 acres of usable elevated view property. The feeling of privacy, privilege, and history emanates from this property. Please check out the new listing and let us know your thoughts.

Investing in Palm Springs Real Estate

With increasing inventory, concessions from builders and sellers, and historically low rates, there has never been a better time to invest in desert real estate. We can close your property purchase without needing to have you present at a closing. California is an escrow state and clear title will transfer with the property you purchase. We have extensive experience managing investment money and property purchases for our clients. Consider selecting a property before you arrive - whether for invesment or even a primary residence - you can trust that we will handle your investment with care and professionalism. If you have a currency that is stronger than historical against the US dollar - this might be a great opportunity to own a piece of the desert.

California Real Estate License

Going through the steps to obtain a Real Estate Salesperson License has proven to be quite the journey. I started by completing the necessary courses online; this was beneficial due to an already busy schedule. I was not exactly thrilled about having to take classes (and pay money for them), but I was extremely impressed with how much structured information the courses provided me. The classes were relatively simple to complete and I was very satisfied by the general and detailed knowledge I had gained by taking them.

Next on the agenda was the real estate exam in Los Angeles. The combination of working in real estate in Palm Springs for just under a year and completing the classes provided me with an irreplaceable amount of information. Knowing the test was just weeks away sure put the pressure on since there were still things I needed to learn. I found using a study guide and DVD to be a great source of information and somewhat entertaining. Night after night watching the DVD and cramming terms made me feel comfortable with most of the items I believed would be on the exam.

On test day, the drive to downtown LA went smooth since traffic was minimal, but parking was interesting due a film crew shooting just a block away from the test center. After obtaining a parking spot, I walked with my study guide to a local park where I was able to cram for another hour, while securing tickets to that night’s Lakers-Clippers game. I arrived early for the test and was surprised to see around 60 other people taking test at the same time. For some reason the exam started 15 minutes late and after waiting, I was very anxious to begin. Being a 150-question test, the first 120 questions seemed to fly by; but the last 30 questions seemed to be tricky. I’m not sure if the questions were increasing in difficulty or if I was just ready to be done. I felt good about my performance after leaving the test center but knew I’d have to wait a long week before hearing the results.

I successfully completed the exam, which is great in its own right, but the whole process was a great educational tool. I believe the knowledge gained about real estate would be useful to anyone interested in buying, selling or investing in real estate. Even if an individual has no desire to obtain a real estate license, the knowledge gained would prove to be useful. It is everyone’s dream to own a home and real estate sales/purchases are big decisions. Real estate is very dynamic and I would encourage anyone to take time to learn more about an industry that could provide new opportunities. Please contact us with questions or for information on the current real estate market in the Palm Springs area.

-Jeremy Metz, M1 Properties
Palm Springs Real Estate Home & Land Listings & Sales

Real Property in Australia

U.S. real estate prices, particularly Southern California, have adjusted much lower than global real estate prices. I had the opportunity to travel to Australia for the Holidays and - wow, what a great experience. The plane ride was, well let's just say long but hey 15 hours non-stop San Francisco to Sydney was fun? The best part of any long trip is the fact that the destination feels exotic and far from home. Landing in Sydney was no exception and definitely worth the effort.

Southern California has some of the highest priced real estate in the U.S., and I was looking forward to comparing values in a foreign market. Although flying through Sydney, it was not my destination, Port Douglas, Queensland was. The arrival airport for Port Douglas is Cairns - and the landing, scenery, weather, and small town feeling was wonderful. I had a great time exploring and enjoying the tropical location. For anyone who loves the desert like I do, this type of getaway is really appreciated, and the grass really is greener in the rain forest than in the Colorado Desert (Palm Springs). In addition to being the jumping off point for the Northern Great Barrier Reef, Port Douglas was clean, beautiful, and oh what a surprise - expensive!

The real estate prices all over Australia (for the most part) are currently experiencing large amounts of appreciation. Some of the Real Estate in Port Douglas was more expensive than here in beautiful Southern California. Palm Springs real estate is on average $350/ sq ft - with the range being $100 to $1,000 sq ft. Port Douglas seemed to be a bit more expensive than this - I was very surprised, but on the other hand, what a beautiful spot. My experience tells me that there might be an adjustment for our Australian friends, based on the global credit contraction. I would recommend anyone interested in weather, fitness, food, exotic locales and real estate - visit Australia, Port Douglas in particular. My choice as a sister city to the beautiful desert here in Palm Springs - oh and don't forget to buy Real Estate.

Sunshine, Low Density, Great Air

Now that you are so clever to have identified the Palm Springs area as a place to live, invest and enjoy, you should know where you are going to be...

Palm Springs is sheltered by the Little San Bernardino Mountains to the north, the Santa Rosa Mountains to the south, and the San Jacinto Mountains to the west. This geography gives Palm Springs its famed warm, dry climate, with 354 days of sunshine and less than 6 inches of rain annually. Winter temperatures average in the 70s with nights in the low-to-mid 40s, but the dry desert heat of summer pushes daytime temperatures well above 100, with overnight temperatures in the mid-to-upper 70s. In general, very high temperatures in the summer are made bearable by the dryness of the desert heat. Summer evenings and nights are very pleasant.
Average seasonal temperatures:
January: Daytime highs of 72 °F, with overnight lows of 40°F
April: Daytime highs of 87 °F, with overnight lows of 52°F
July: Daytime highs of 108 °F, with overnight lows of 73°F
October: Daytime highs of 91 °F, with overnight lows of 57°F

Next Time we will go over Air Quality - which is an incredible advantage that the Palm Springs area offers over other southern calif locals....

Measure C fails as more than 60 percent of voters choose "No

We appreciate the sensitivity to views and environmental issues and density - but property rights must trump oversensitivity. This measure failing ads costs to the development group, the city, and the people who want to "save" this land. Just buy the land - and do as you wish.....