Friday, October 2, 2009

We are into October now and and weather is right on cue, down into the 90's during the day and the low 70's at night. I'm excited to start walking outdoors again and playing golf on Tuesdays with the ladies. I have missed that this summer as I have worked almost daily. This has been one of the most active real estate summers here in the Coachella Valley in many a year. In May we had over 8,000 properties for sale in the Valley and now we are below 5,000. Of course many were foreclosures, and that brought the investors in from all over, primarily Los Angeles County. According to the National Association of Realtors there are still over 7 million foreclosures to be released over the next couple of years.

We have seen between 1.2 and 1.4 million buyers using the $8,000 tax credit to buy their first home (or first within three years). All sales using the tax credit have to close by December 1, 2009. There are, however, 12 more bills in Congress to make money available for home buyers, and not all of them are for first time buyers. The bill that is creating the most buzz is one for a $15,000 tax credit to anyone (not just first time buyers) who plans to occupy the home. We should see the results of those bills within the next month or so.

This is the time of year here in the Valley and at Sun City Palm Desert, where I specialize in real estate, that the golf courses are scalped and reseeded for the coming year. It is amazing to watch as one day the course is beige from the scalping, and within 3 weeks is green and plush. The trees are getting their haircuts and the planting of the winter and spring flowers is beginning. Snowbirds are starting to return and pretty soon the place will be buzzing about summer adventures and travel as friends reunite and begin a new season.

The Clubs here at Sun City Palm Desert are planning their schedules and agendas for season. Schedules for ladies, mens and couples golf will be posted online. Tennis courts are ready for you. Flyers describing hikes, bicycling trips, travel trips and other outings will be posted. The softball season will soon begin and teams will be at the ball diamond practicing. The 2 fitness centers will be full again, artists will be spinning and firing and painting their ceramics, taking classes in oils and pastels, how to make jewelry, create stained glass projects, wood projects, sewing, knitting and all other crafts. The creativity of residents here is quite amazing, as you can see for yourself at our bi-annual craft fairs. And don't forget about the billiard club, the bocce club, pet club, card clubs, writers club, drama, singing clubs and games in general. It is all here, and in abundance at Sun City Palm Desert.

If you are an active senior (55+) and would like to live in one of the most desired gated golf communities in the nation, then give me a call. I will help you find your dream home.

Linda Novick, Associate Broker, Windermere Real Estate Coachella Valley
Direct: 760/397-3952 Email: lindanovick@windermere.com
Website: www.lindanovick.mywindermere.com Blog: www.suncityrealestate.blogpost.com



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