Palm Springs Real Estate - Open Houses - Tennis Club, Russell Hill

Historic Tennis Club - Open House Saturday and Sunday, 2/23/13 & 2/24/13, 1pm-3pm

Located in one of Palm Springs' most coveted neighborhoods and just blocks from downtown shopping, restaurants, and entertainment, this 1950 Ranch home with super mountain views is ready for your finishing touches.  Great bones and Ranch architecture make for a perfect opportunity to own in the historic Tennis Club neighborhood.  There are three bedrooms with good separation, one of which is an attached casita. All have direct access to the back garden with pool.  Newer roof, HVAC systems and windows. Make your offer today!

  • 1,618 square feet
  • 10,019 square feet lot
  • 3 bedrooms
  • 3 baths
  • pool/spa
  • built in 1950
Russell Hill
HOM-Sotheby's International Realty

Listed with Donna Peace, HOM-Sotheby's International Realty 

What are the secrets for good Real Estate Investment?

Secrets for Real Estate Investment
Real estate investments are a great source of income, perhaps they can make a person wealthy in a very short period of time but, you will be paid off, only when you strategies that will create massive profits. In general, people have a misconception that successful investors are just very lucky or that they have been blessed with an intrinsic knowledge about dealing with money. This isn't the case, unlike any industry, even real estate field requires careful notification of the market situation and you need to be focused on property prices and deals. Nevertheless, one can make million dollars with zero investments but, knowing the tactics is all that matters.

Building proper real estate network, building the right team of people around you like investment professionals comprising an agent, mortgage broker, an accountant, lawyer and an appraiser; all these contacts are a basic in the real estate networking systems. MLS listings will be a great idea to know about the properties in your region. Cash flow expenses and other expenses should be set on track for the right formulation.

Finding potentially-profitable properties and openly negotiating the best deals calls for some knowledge so, research about the property and look out for its Encumbrances initially. There are several ways for you to make income from that, either you can rent the property or sell it back at the right time when there is price fluctuation. These are just a few structural insights that have to be understood. Having a real estate professional next to you will help you in all ways.

Marko Rubel Investor can guide you in all ways when it comes to real estate investing. There's a great difference in information provided by an "information marketer", and information taught by an experienced real estate investor. Once you meet Marko you will regret all the money and time you wasted on "information marketers"!

Bali real estate market 2013

With the start of new year Bali real estate market 2013 have noticed an increase in the domestic investment. Last year it was predicted that more domestic buyers will invest in the real estate market and it turns out to be true. In the time of global financial crisis, Asia has domesticated itself from an investment standpoint, and it is true especially  in Bali.

The recent market survey report shows that over 80% of the transaction in the real estate market are Indonesians. Usually the foreign buyers dominated the domestic buyers in the past but the latest trend has a completely different dynamic. Till last year most of the real estate investors were from Australia, Hong Kong, Korea, Singapore, now Indonesians have overtaken their market. Now, when we talk about the buyers in Bali, there are two types of buyers in the real estate market: lifestyle buyers and investment buyers.

The lifestyle buyers are usually interested in the condo hotels. They buy the property because they either want to have a second home, or they are investing in a hotel brand. But eventually they want to go and use it. In the Indonesian market where the domestic buyers have become more active, most of them are lifestyle buyers, and most of them are coming from rising inspirational middle class in Surabaya and Jakarta.

Bali real estate is highly price sensitive market and now due to the recent global financial crisis,  price of properties has come down. People were flocking to the condo hotels that are priced between $80,000 - $250,000 vs the old market where villas were going for $0.5M to $1M. That has been a dramatic shift. Now the buyers are more interested in the entry level properties instead of the luxury properties as they used to be interested till last year. One bedroom units have become the more popular property now. This does not mean that the growth of the villa market has stopped, but yes the sales figures have been down recently. There are various well marketing hotel branded villas that have sprung up in the recent years and some of those names are Banyan Tree, Bulgari, and Alila.

According to the current market trend, it’s taking around 4 months to sell a good villa, on the other hand the condo hotels sell within one month or even less. So you can see that there is a huge disparity betweenthese two markets.If we talk about the risk and return on investment, Bali condo hotel market is still a risky investment, especially where the guaranteed return is concerned. Now with so many entry level hotels it is very doubtful if all the guaranteed return levels are really going to be sustainable. And as soon as people fail to get guaranteed return they will put the property back in the market, and you will get a resell market.

According to the experts, this is inevitable, and it will probably happen in the next 12 – 18 months. And the secondary resell market will be even more attractive to the buyers, because of zero development risk. There will be more dramatic shifts in the Bali real estate market during this year.

Russell Hill Sold Another Home in Los Compadres

I closed escrow last Wednesday on this great home in the Los Compadres neighborhood in South Palm Springs. Sales price was $325K.  I represented the buyer in this purchase.

If you're looking to buy or sell in Palm Springs, contact me for professional representation.  I represent buyers and sellers across all price ranges.

strategic NEGOTIATION / architectural PHOTOGRAPHY / creative MARKETING
quality SERVICE

HOM - Sotheby's International Realty

Palm Springs Homes For Sale - Sunrise Park - 495 N. Burton Way, $748,000.

A beautiful example of a mid century Ranch home, wood siding and a stucco wainscoting enhance the long horizontal architectural lines of this Sunrise Park home.

A covered porch just steps from the pool & spa reaches across the back and opens off the living room, den, and master bedroom and has direct views to the mountains.  Indoor-outdoor living is a breeze with numerous glass doors opening to the back pool and garden.

A three-sided fireplace with a "floating" hearth anchors the sunken living and dining rooms. 

The kitchen and bathrooms are tastefully remodeled.

You should see this home for three reasons: beautiful Ranch architecture, move-in ready, and fantastic mountain views.

You should contact me to represent you for at least three reasons: strategic negotiation, knowledge of the market & neighborhood, and quality customer service. 760.902.3121

  • 4 bedrooms + den
  • 3 baths
  • 2,300 square feet
  • 13,939 square feet lot
  • built in 1958

Russell Hill
HOM-Sotheby's International Realty

Listed with TTK, HK Lane Real Estate

Real Estate Photography Prep Guide

Days before I photograph any home, I send off to the Agent or homeowner the Liz Lopez Real Estate Photography Prep Guide.  Homeowners really appreciate having a step-by-step guide to assist them in getting their home ready for a real estate shoot.  Sellers are often confused by the requested 'decluttering', or 'what's going to be photographed' or they make the assumption that the buyer will look over or understand their personal effects (buyers don't).   The guide is filled with suggestions and tips that can make a big impact on a listing photo presentation.

Shoot me an email if you would like a copy of my Liz Lopez Real Estate Photography Prep Guide. Even if you do your own photography, your seller will appreciate your assistance in getting their home 'click worthy'.

Liz Lopez Photography
Specializing in Atlanta Real Estate and Interiors

Palm Springs Real Estate - Russell Hill Client Testimonial

"While we were pleased with Russell’s knowledge of the Palm Springs market as he patiently helped us identify and purchase our new home, we were most impressed by his expert guidance when we listed our existing home. His advice was sensible and realistic in this challenging market for sellers, and we received a very good offer within 30 days of active marketing. Russell is effective and professional—he “gets things done.” As a result, we have recommended Russell to many friends and relatives, each of whom has been happy with his services."

-Fred and Gary, Palm Springs/San Francisco

Russell Hill
HOM-Sotheby's International Realty

Palm Springs Homes For Sale - Los Compadres (La Reina Estates) - 2131 E Conchita Way, $559,000.

This Spanish Ranch house located in Los Compadres, "La Reina Estates",  in South Palm Springs was built in 1973.

Spanish influences include clay tile roof, heavy exterior stucco, open-beamed eaves, and large wood beams.

Ranch influences are large expanses of glass, an open floor plan, vaulted ceilings, and easy indoor-outdoor flow to the pool and gardens.

This area of Los Compadres, also known to as La Reina Estates, is located close to shopping, restaurants, and other services.  All utility lines are buried for unobstructed mountain views.

The three reasons you should see this home: good value for square footage, move-in condition & location, and quality built construction.

There are at least three reasons you should contact me to represent you: strategic negotiation, knowledge of the market & neighborhood, and quality customer service. 760.902.3121

  • 4 bedrooms w/ good separation
  • 3 baths
  • 2,068 square feet
  • 11,671 square feet lot
  • built in 1973 
Russell Hill
HOM-Sotheby's International Realty

Listed with Steve Frank, Windermere Real Estate