Median sales price for La Quinta in June 2009 went down to $360,000 comparing to $ 415,000 last year in the same month, with a sales volume going down to 55 Million from 57 Million last year in June.
La Quinta is part of the national housing contraction but might be better of than the rest of the nation due to it's second home market and strong Canadian clientele. The Valley price decline continued in June 2009 but the number of sales, not sales volume, went up due to all the sales of "Bankowned" properties. The inventory however is the lowest since 2007.
Builders were ahead of many in the real estate industry at adjusting their activities in light of the changing market. Builders start to run out of standing inventory after slowing down their production and will come back when the market comes back. A lot of the deals we are seeing out there will start to go away - now is a fantastic time to buy and a home in a great location in the middle of our east growing valley like La Quinta will still be a good long-term investment, even if housing prices don't increase at the same pace anymore.
For more actual statistics and charts please visit my Website www.rhaverkate.com and click on "Sales Statistics". As a certified international property specialist and Internet professional, I'm only milliseconds away and I can help clients from all over the world with transactions in La Quinta.
ZIP Code: 92253 Location Characteristics: La Quinta, this quiet city's name derives from the Spanish term for "fifth," which took on new meaning when used by early explorers, who often traveled for four consecutive days before resting on the fifth. Over time, "la quinta" became synonymous with a resting place or a place of retreat in the countryside. Point Happy, a rocky outcropping near the intersection of Washington Street and Highway 111, was once a travelers' watering hole and the original "resting place" of La Quinta. La Quinta has grown from a tiny sleepy village to one of the fastest-growing communities in the Coachella Valley, dominated by championship golf courses such as PGA West, Silver Rock (which hosts the Bob Hope Chrysler Classic golf tournament) and one of the area's largest leisure complexes. La Quinta Resort & Club opened in 1927 as a quiet getaway destination for big names in Hollywood and business. Besides golf courses and mega resorts, visitors will find a boutique-oriented shopping area in Old Towne. Incorporated in 1982, La Quinta had a population of just over 5,200. Today, the population has grown to approximately 30,450 and La Quinta is listed as one of California's fastest growing cities and has blossomed 172%. The vast majority of its open area is attractive for development with the opportunity for planned growth. Discover housing opportunities unparalleled in the Coachella Valley. From traditional single family homes and apartments to world class gated communities, La Quinta offers a variety of housing styles that will meet your primary or second home needs. From housing opportunities at water-oriented Lake La Quinta to a whole host of golf-oriented projects such as PGA West, The Tradition, Alicante, Palmilla, Rancho La Quinta, the Citrus, Palm Royale, The Palms, Muirfield, Greg Norman Estates, Mountain View, La Canterra and the Quarry, the selections are unlimited.
I'm a full time, professional Broker and Realtor with extensive market knowledge of the whole Palm Springs Valley. As a Relocation and NAR-Certified CIPS (Certified International Property Specialist) and e-PRO, Im considered an Internet professional, which can be very effective when working nationally and internationally.
I'm educated in the legal aspects of Real Estate practice and licensed by the State of California to provide Real Estate Services. As a member of both the California and National Associations of Realtors, I abide by a strict Code of Ethics to provide you with the highest level of service. As a local area expert with knowledge of the communities, my objective is to work diligently to assist you in meeting your real estate goals.
With a strong background in sales and negotiations, I have 26 years of worldwide business experience and solid managerial credentials.
My experience has given me the skills necessary to manage complex projects, which is important when orchestrating the tasks of many involved in real estate transactions.
EDUCATION
I was born and raised in Switzerland, lived a few years in Canada and have relocated to the United States. I am, therefore, multi lingual, fluent in German, Dutch, French and English.
After completing College I graduated successfully from the world-known Swiss-French business school "Ecole Superieure de Commerce" in Neuchatel, Switzerland.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
