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Wednesday, September 20, 2017


Valued Friends and Clients!

We hope you and yours are all safe and clear of the hurricane ravages. Our hearts go out to all whose lives have ben uprooted. It is inspiring to see America coming together to help these hurricane victims.

Here in the valley, temperatures were very HIGH, even topping 121 degrees at some points, and then hovering around 112 +. Finally, we are in the 2-digit range with some breezes, and it feels wonderful!

This month's newsletter is being put together by Bruce's Team: Keith has been working with Bruce, his father, for nearly 20 years. Deanna has been a member of the team since 2003. Everyone on our team has gone the extra mile to obtain our Broker licenses. So, you're always in "Good Hands with Blomgren & Blomgren"!

Bruce had some sad news this summer, as his father passed away. So, Bruce has taken some time off in September to do a little traveling. Keith and Deanna are holding down the fort. We communicate with Bruce regularly, and we are pleased to see him having an enjoyable and restful time.

The summer season is usually quite slow, but we have seen more showings this summer over last as well as more properties being put in escrow. In August, high-end sales across the valley numbered 30 that sold above $1-Million. The average sales price of these homes was $1,704,433.

Over the next 60-90 days we will get a better idea of what effect the Geopolitical events going on in our world will have on the local real estate market and how the upcoming seasonal activity may develop. We have seen a much better real estate climate in 2017 than in 2016, and we are looking forward to a good season.

This month we have included the following items:

Blomgren & Blomgren's Featured Home of the Month: 46340 Desert Lily, South Palm Desert, Offered at $1,175,000 View this home...
It is sometimes very beneficial to hire a designer to temporarily furnish, or stage a property before it's listed. Read the article...
European Castles: Easier to Buy Than You Might Think. Bruce's European River Cruise peaked his interest on this one! Read the article...
Global Geopolitical Events have an immediate impact on Luxury Markets. Read the article...
The 10 Most Expensive Desert Homes Sold in August 2017, as reported by the California Desert Area MLS. These sales range from a $1,775,000 home at the Reserve Club (which was one of Bruce's listings) to a $3,500,000 home at The Hideaway. There was 1 home sold in Palm Springs, 2 at Toscana, 3 more at The Hideaway, 1 in Thunderbird Heights and 1 at Mission Ranch. See the complete list...

Thanks to the support of our valued clients, we have been able to build a successful business with a reputation of integrity, honesty and ethics. With over 50 years of combined experience, we look forward to continuing to offer the high-quality real estate services the Blomgren name represents.

If you are looking to Sell or Buy in the Desert, or just need some real estate questions answered, give us a call!

Sincerely,

Bruce (760) 779-1653
Keith (760) 333-3350

Blomgren & Blomgren
Luxury Desert Real Estate

46340 Desert Lily
Residential South Palm Desert
Offered at: $1,175,000

Price reduced! Newer built custom home in desirable South Palm Desert! With 4200 square feet, this home is on a .55-acre lot and offers 5 bedrooms, all with baths, and an office! (One of the bedrooms is a detached casita). A circular driveway leads to a gated courtyard. Double door entry opens to a very open floor plan with 10' ceilings. The kitchen features granite counter tops and stainless steel, high-end appliances, and is open to the family room, dining area and living room. The master bedroom is very spacious and one of the other bedrooms could be a 2nd master. Outdoor living includes a covered patio, pool & spa with waterfall, mountain views, plus a sports court and a shuffleboard court. There is a 3-car main garage plus a 2-car detached garage and potential room for an RV on the side. Lots of potential here!

Please call Bruce for a Private Showing: (760) 779-1653

Staging's a Necessary Expense When Selling Luxury Real Estate
Global Mansion
It is sometimes very beneficial to hire a designer to temporarily furnish, or stage a property before it's listed.
European Castles: Easier to Buy Than You Might Think
Wall Street Journal

For those in search of their own magical kingdom, ancient castles dot the European countryside. And with sales currently in the dungeon, buyers may find themselves a bargain.

Global Geopolitical Events have an immediate impact on Luxury Markets
Mansion Global
Globalization means that effects are felt around the world with an impact on luxury market activity, not pricing.

The 10 Most Expensive Desert Homes Sold in August 2017, as reported by the California Desert Area MLS:
California Desert MLS

These sales range from a $1,775,000 home at the Reserve Club (which was one of Bruce's listings) to a $3,500,000 home at The Hideaway. There was 1 home sold in Palm Springs, 2 at Toscana, 3 more at The Hideaway, 1 in Thunderbird Heights and 1 at Mission Ranch.

75394 Riviera Drive Desert Horizons CC, IW $625,000
48550 Capistrano Way Rancho la Quinta $689,000
73934 Desert Garden Trail Luxury Lot at The Reserve $495,000
75725 Via Stia Toscana, IW
New Home Sale - represented Buyer
$1,505,000
36720 Verlaine Drive Verlaine, RM
New Home Sale - represented Buyer
$1,355,000
75623 Camino de Paco Desert Horizons CC, IW $1,125,000 F
46785 Mountain Cove Drive Mountain Cove, IW
- represented Buyer
$705,000
38981 Wisteria Drive Palm Valley CC, PD $359,000 F



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"Hard work spotlights the character of people: some turn up their sleeves, some turn up their noses, and some don't turn up at all."

- Sam Ewing (born 1949), Former Professional Baseball Player


"Thoughts lead on to purposes; purposes go forth in action; actions form habits; habits decide character; and character fixes our destiny."

- Tyron Edwards, Theologian


"Be kind, for everyone you meet is fighting a harder battle."

- Plato, Classical Greek Philosopher, Mathematician


 
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