Palm Springs Real Estate


June 16, 2014 by · Leave a Comment 

Elaine Stewart, Top Producing Agent for RE/MAX Consultants has once again ranked in the Top 100 of 80,000+ Individual Agents in the United States for Residential Sales. The rankings for the first quarter of 2014 were posted and for the fourth year Elaine ranked in the top 100. For over 20 years Elaine has been a top producing agent in the Coachella Valley with the last 8 of those years with RE/MAX. She was awarded the Platinum Club award in 2010 and 2012. She is a member of the Hall of Fame, which RE/MAX bestows on very few agents. Elaine received the Chairman Award at the RE/MAX National Convention in Las Vegas in February for the second year in a row.

Elaine has spent over 20 years helping clients buy and sell homes in the Coachella Valley and has earned a reputation of honesty, integrity and hard work. She provides negotiating experience, knowledge and integrity to every transaction.  Her knowledge of the market in the Coachella Valley is unsurpassed as evidenced by her repeat clients and her success.

Even when the Real Estate market was “depressed” Elaine was still a Top Producer in the valley. Elaine has committed herself to standing by and walking her clients thru every aspect of the selling or buying of a property. She is a skilled negotiator, excellent communicator and is always one step ahead in anticipating her client’s needs and wants.

It is being able to use all of these skills that makes Elaine one of the elite, and keeps her on top year after year.  Peter Terracciano, Broker/Owner of RE/MAX Consultants is proud to have her as an Associate and we congratulate her on another well earned recognition!

Elaine can be reached directly at (760)668-2399 or e-mail her at for all of your real estate needs. Check out her website at



The Tradition: Championship Golf Courses And More

October 31, 2013 by · Leave a Comment 

When speaking of California, country clubs are truly not difficult to come by.  You will find luxurious residences, fine golf courses and tremendous communities to park camp and reside in.  But there is something about The Tradition that has turned this into one of the perennial places to live in the La Quinta area.

 View Listings in The Tradition

The TraditionThe Tradition has quickly become known as one of the finest estate and golfing residential communities for people to live in.  It has a spectacular location with magnificent views and gorgeous golf courses that make it all worthwhile.  And the mountain and desert views that are unmatched by anything nearby doesn’t hurt too much either.

The creator and designer of a golf course say a lot about the greens you will land on and the tees you will take off from.  Within this country club rests one of the finest golf courses in the area.  And it doesn’t hurt that it comes from one of the greatest PGA golfers to ever live; Mr. Arnold Palmer himself.

There is nothing short of legends that have been seen at the golf course nestled between the La Quinta cove.  This private golf club for members and guests sets in what used to be an old ranch.  And with that history brings a lot of quality that is lacking from many other courses nearby.

The 18-hole championship course was built to accommodate the skill levels of just about any and everyone that strikes the ball.  And the 9 hole par 3 even comes from the late, great Arnold Palmer who designed the hole himself.  You are guaranteed to walk away with a terrific round of golf beneath your belt.

And even if you don’t hit the round of your dreams, who can complain with the gorgeous mountains surrounding and the beautiful greens nearby?  The country club has a reputable brand and image that it has lived up to and far surpassed since first being built.  And everything is unique and personable.

No matter what your style, taste or flavor is, the Tradition Golf Club will suit your needs.  The golf is great, the homes are comfortable and the surroundings are majestic.  What more could you ask for in life?  There is no sense in waiting until later to take advantage of life and that dream opportunity is waiting for you within the fine country club of the Tradition in the La Quinta area.


What’s Ahead For Mortgage Rates This Week : September 24, 2012

October 4, 2012 by · Leave a Comment 

Existing Home Sales Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high. A series of economic reports showed strength in housing and a stability in jobs.

Wall Street looked past it, however, to send mortgage rates to their lowest levels in history.

One week into the Federal Reserve’s newest bond-buying program, the stimulus appears to be working.

According to Freddie Mac, the average 30-year fixed rate mortgage rate slipped to 3.49% last week for borrowers willing to pay an accompanying 0.6 discount points at the time of closing. Discount points are a one-time closing costs where 1 discount point is equal to one percent of your loan size.

3.49% marks a new all-time low for the 30-year fixed rate mortgage. 

The 15-year fixed rate mortgage rate fell to a new all-time low last week, too, dropping to 2.77% with the same accompanying 0.6 discount points.

Mortgage rates in CA fell despite strong housing data.

  • Housing Starts rose 5.5% to a 2-year high
  • Existing Home Sales rose 7.8% to a 2-year high
  • Building Permits rose 0.2%

Notably, according to the National Association of REALTORS®, the national existing home supply slipped to 6.1 months last month — very close to the 6.0-month marker which separates a “buyer’s market” from a “seller’s market”.

If supplies continue lower, home prices may rise more quickly than expected into 2013. Median home sale prices are already 9.5% higher as compared to one year ago.

This week, more housing data is set for release including the home value-tracking Case-Shiller Index and FHFA Home Price Index. Both are expected to show rising home prices as compared to the last recorded month, and one year ago. In addition, the National Association of REALTORS® releases its Pending Home Sales Index.

Lastly, and likely most important to mortgage rates and home affordability in Palm Desert , the government releases its Personal Consumption Expenditures (PCE) report Friday. PCE is the Federal Reserve’s preferred inflation gauge. An unexpected increase is expected to move mortgage rates higher.

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Palm Springs Real Estate