We Specialize In These Palm Springs Area Communities

Palm Springs - Rancho Mirage - Palm Desert - Indian Wells - La Quinta

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Meet Bob and Rose, our newest $10,000 Winners



There are many great Palm Springs area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (760) 832-4000 for a FREE home buying or selling consultation to answer any of your real estate questions.

Meet Bob and Rose, our newest $10,000 Winners

 We are very excited to be one of only about 200 teams nationally that are taking part in the "Great Home Giveaway." The purpose of this giveaway is to help those who have been pre-qualified afford their down payments. We will be going around giving out 10,000 checks every so often to deserving people who have dreams of buying a new home.

As you see in our video above, Bob and Rose got the surprise of their life when we showed up with an oversized $10,000 check. They are the 2nd winners in the great home giveaway, and they live right here in Palm Springs, California. Watch the video above to see Bob and Rose's priceless reaction to the news!

If you have any questions about real estate, or would like to get entered into the great home giveaway, please give us a call or send us an email. We'd be glad to help in any way we can.

Take Advantage of Low Interest Rates Before They Rise



There are many great Palm Springs area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (760) 832-4000 for a FREE home buying or selling consultation to answer any of your real estate questions.

Take Advantage of Low Interest Rates Before They Rise

The market in Palm Springs is hot right now – and is only getting hotter! Statistics indicate very strong market conditions in Palm Springs and projections are showing the market ascending into a state of profitability for those who are looking to sell or invest in real estate.

In February 2014, Freddie Mac released a report on 30 year fixed mortgage rates from 2003-2013. After the market crash of 2008, interest rates dipped lower and lower as the government was working to stimulate the market by offering incentives and keeping interest rates low. As I’m sure you can remember, these were not fun times!

As interest rates hit their lowest in 2012, the government has since backed off of their bond purchasing programs. In turn, interest rates have started to creep back up. In January 2013, rates were sitting a little over 3.25%. Since then, rates have gone back forth but are stabilizing and will soon be on the rise.

In the first quarter of 2015:
  • Fannie Mae predicts interest rates to be sitting at 4.9%
  • National Association of Realtors predicts interest rates to be sitting at 5.5%
  • Freddie Mac predicts interest rates to be sitting at 5.1%
  • Mortgage Bankers Association predicts interest rates to also be sitting at 5.1%
After taking all of this into account, the bottom line is that now is the perfect time to refinance, buy and/or sell. The Morgner Group would love to help you with all of your real estate needs!

Take Advantage of Stabilizing Growth and Low Interest Rates!



There are many great Palm Springs area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (760) 832-4000 for a FREE home buying or selling consultation to answer any of your real estate questions.

Take Advantage of Stabilizing Growth and Low Interest Rates!

Recently, a nationwide panel comprised of over 100 economists, real estate experts and investment/marketing strategists spanning all political affiliations, gathered to compare their data and determine where we are headed – this is called the Home Price Expectation Survey.
In this survey, they have found:

  • The Cumulative House Appreciation anticipates that the market will appreciate by 19.7% by 2018. This statistic is a combination of naysayers and optimists!
  • The Average Annual Percentage of Appreciation shows that we are experiencing a 4.7% increase recovery-to-date. The recovery looks to have started around mid-October 2012.
  • The 2014 market is projected to see a national increase of 4.5% and a continuous, stabilizing increase through 2018. Expect to see an increase of 4% in 2015, 3.7% in 2016, 3.7% in 2017 and 3.8% 2018. This is proof of a stabilizing market!

No matter what side of the spectrum you choose to listen to, it’s important to realize that the majority of sources are pointing to a very positive market over the next several years. If you’re contemplating getting into the market, now is the time!

There are more factors driving both buyers and sellers into the market, but loom of rising interest rates is the most important. Rates could be as high as 5% next year! This will pose a challenge to buyers as they try to qualify for today’s home prices – time is of the essence! Not only will the interest rates be rising, but as we explained, so will home values. This goes to prove that today’s market is optimal for both buyers and sellers!

Please feel free to call or email with any questions. Thanks and have a great day!