Recent home sales are down nearly 14 percent from a year earlier. Jon Gordon of Rosenthal & Associates explains why realistic pricing and the full cost of ownership will shape the coming desert season.
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Bob Marra
Palm Desert Advances Land Deal For New Hotel at Desert Willow Resort
A proposed option would give developer Kam Sang two years to pursue a 200-room hotel and 26 villas, with financing, golf course changes, and any city contribution still to be resolved.
Palm Springs’ Riviera Prepares for an InterContinental Reinvention
The landmark resort is being repositioned for luxury travelers and meetings, with a 2027 reopening anticipated and an affiliated company listing a $100 million project cost.
New Opportunity Zones Could Help Build the Housing and Industrial Space the Valley Needs
Four newly covered Coachella Valley tracts open another route for investment in rental housing, manufacturing facilities and building rehabilitation, with stronger incentives in designated rural areas. The Coachella Valley’s new Opportunity Zone map could give...
Palm Desert’s Mall Could Become a Mixed-Use Village. Council Members Want It to Pay Its Way.
Pacific Retail outlined low-rise housing, new restaurants and a public plaza at a Nov. 12 study session. Council members welcomed the direction while questioning its fiscal impact and how much of the mall’s regional role it would preserve.




