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Friday, April 30, 2010

Eureka Innovators! One Week to Go

Entries close at midnight AEST Friday May 7 for the inaugural Eureka Prize for Innovation in Computer Science. That’s more than 10,000 minutes to dust off and polish up your big idea which demonstrates real innovation in computer science, with the potential to improve the lives of many Australians.

Companies - this includes you! This is one of the few Eureka Prizes that specifically allows and encourages entries from commercial organisations, because much of the technical innovation that occurs in computer science today, and certainly the majority of the work delivering direct impact on people’s lives, is carried out by private industry. For companies, this prize is a unique opportunity to call attention to a particularly innovative product or service, to the team that created it, and to the company, in one of the most prestigious forums in Australia.

Google Australia is proud to sponsor the $10,000 Eureka Prize. We know there is incredible innovation taking place throughout Australia. If you have a product or service that qualifies, enter online here.

Good luck!

Palm Springs Real Estate and Homes for Sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a fantastic time to purchase a Palm Springs vacation home or full-time residence.  We can show you a good inventory of Midcentury modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods and condo communities.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Here's the activity for Tuesday, 27 April, 2010.

Central Palm Springs:

New Listings:
959 Village Square S., Village Racquet Club, 3/3, $139,000. (foreclosure)

382 N Farrell Dr., Sunrise Park, 3/2, $247,900. (foreclosure)
610 N Dry Falls Rd., Vista Las Palmas, 3/3, $979,000.

In Escrow:
640 S Calle Petunia, Sundial Condos, 2/2, $155,000.

2151 E desert Palm Dr., Sunrise Park, 3/2, $309,000.
689 Wilson Ln., Escena, 2/2.5, $434,000.

Sold:
1170 Primer cir., Sunrise Racquet Club, 2/2, $200,000.

282 S Via Las Palmas, Las Palmas, 5/4.5, $2,100,000.

South Palm Springs:

New Listings:
1655 E Palm Canyon Dr., #604, Smoketree Racquet Club, 1/1, $79,000.

In Escrow:
2700 Golf Club Dr., #65, Esprit, 1/1, $89,500.
3135 E Ramon Rd., #307, Palm Villas, 2/2, $119,000.
2700 Golf Club Dr., #68, Esprit, 2/2, $98,900. (foreclosure)

Sold:
2700 Golf Club Dr., #41, Esprit, 2/2, $107,500.
416 E Via Ensenada Cir., Canyon South 2, 3/2, $290,000.

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate.

Russell Hill Lic # 01427657  760.203.2959/902.3121  RussellHill@dc.rr.com

1349 - Demonoir (2010)

Artist: 1349
Album: Demonoir
Year: 2010
Genre: Black Metal
Country: Norway
Quality: mp3@320kbps
Size: 112 MB

1. Tunnel Of Set I 01:05
2. Atomic Chapel 06:25
3. Tunnel Of Set II 01:01
4. When I Was Flesh 05:45
5. Tunnel Of Set III 00:40
6. Psalm 7:77 05:42
7. Tunnel Of Set IV 01:03
8. Pandemonium War Bells 07:49
9. Tunnel Of Set V 01:16
10. The Devil Of The Desert 06:30
11. Tunnel Of Set VI 01:33
12. Demonoir 06:19
13. Tunnel Of Set VII 03:53

Total playing time 49:00


Download
Download

Thursday, April 29, 2010

Median Sale up 18% in Los Angeles Neighborhoods Since January 2009 - Sales Velocity Increasing - Market in Strong Recovery

Houses in Contract Los AngelesWe periodically like to take a snapshot of the home market and to see how sales are trending in the Beverly Center - Miracle Mile, Hancock Park - Wilshire, Hollywood Hills East, Los Feliz, Silver Lake - Echo Park, Sunset Strip - Hollywood Hills West and West Hollywood neighborhoods.

The charts above and below focus on the percentage of houses in contract, which in our mind is a barometer for sales velocity -- the degree to which available properties are being purchased.

In the over-$1 million sector (above), we can see a defined low in approximately January 2009, during the worst throes of the financial crisis. Since then, the percentage of homes in contract has increased consistently, experiencing a defined bump in March 2010 when more than 12% of homes were in contract. Overall, the over-$1 million market has been on the slow upswing for over a year.

Los Angeles home market 2008 - 2010The under-$1 million market shows a similar trend. Sales reached a low point during the winter of 2008 - 2009 and have been increasing steadily since that time. These sales velocity charts tell a story that parallels that of the economy in general: month by month, since the financial maelstrom took its toll, the local housing market has been in recovery.

LA Median Home Price 2010Pricing trends mirror those of sales velocity. The median sale price in these areas reached a low of around $880,000 during January 2009. Since then, the median sales price has been increasing steadily, attaining $1,040,000 in March 2010. This amounts to an 18% increase in median price in just over a year.

The data for this segment of Los Angeles fail to support the voices of doom about housing. The median sale price in a big chunk of LA is over $1 million and rising, sales velocity is increasing, and the oft-repeated comment that LA is a very expensive place to live is becoming more and more true each day.

Palm Springs Real Estate and Homes for Sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a fantastic time to purchase a Palm Springs vacation home or full-time residence.  We can show you a good inventory of Midcentury modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264
Email: Info@RsintheDesert.com

RS Associates - Russell Hill & Steve Frank

Below is the activity for Monday, 26 April, 2010.

Central Palm Springs:

New Listings:
1050 E Ramon Rd., #45, Ramon Estados, 2/2, $135,000.

In Escrow:
879 E Arenas Rd., Casitas Arenas, 2/2, $222,500.

Sold:
None

South Palm Springs:

New Listings:
510 S Beverly Dr., Los Compadres, 4/2, $195,000. (foreclosure)
2533 S Broadmoor Dr., Tahquitz River Golf, 3/2, $529,000.
785 Azalea Cir., W., Andreas Hills, 3/3.5, $595,000.

In Escrow:
5265 E Waverly Dr., #76, Palm Canyon Villas, 1/2, $94,500.
481 Desert Lakes Dr., Seven Lakes Country Club, 1/2, $126,000.
1111 E Ramon Rd., #84, Ramona Villas, 2/2, $139,900. (foreclosure)
6203 Paseo De La Palma, Tahquitz Creek Villas, 2/2, $195,000.
3001 Regency Dr., N., Cathedral Canyon Country Club, 3/2, $260,000.
2475 Madrona Dr., Canyon Estates, 3/2.5, $325,000.

701 Desert Way, Demuth Park, 3/2, $133,500. (foreclosure)
2802 Pintura Cir., N., Pintura, 2/3, $320,000.
1502 E Via Estrella, Canyon North, 3/2.5, $429,000.
3193 Avenida Sevilla, Andreas Hills, 4/4.5, $2,200,000.

Sold:
1900 S Palm Canyon Dr., #7, Sandstone Villas, 2/2, $105,000.
5301 E Waverly Dr., #184, Palm Canyon Villas, 2/2, $105,000.

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate.

Russell Hill  Lic #01427657  760.203.2959/902.3121  RussellHill@dc.rr.com

Tips from the AdWords experts: 3 steps to keyword success

One of the top questions we get from small businesses who advertise with AdWords is how to choose the best set of keywords. Potential customers won't be able to find your ad unless you've chosen the right keywords, which could lead you to miss out on valuable leads and sales. In this third video in our weekly AdWords tips series, we take a look at how to select the best keywords for your products or services.

In this video, we cover how to create ad groups that focus on a single product or service and contain descriptive keywords, how to include all relevant variations of keywords within each ad group, and how to exclude irrelevant keywords.



If you would like even more keyword information, visit our AdWords Help Centre, which will give you all the tips you need to develop and improve your keywords. Did you find this video useful? Let us know. We love to read your comments and suggestions.

Wednesday, April 28, 2010

Soaring sales of Canadian luxury homes in first quarter of 2010

The RE/MAX Upper End 2010 report notes a serious upswing in sales of luxury homes in Canada. The report highlights sales and trends in 13 major Canadian centres and 5 sub-markets. It ascribes the double and triple digit - depending on area - 12 month increase in sales to improved economic performance, increased personal wealth, immigration and foreign investment and forecasts a continuation of this trend.
High end homes start at $2 mil in Greater Vancouver, at $1.5 mil in Greater Toronto and Montreal Island and at lower prices in other areas down to $400K in St. John's.

New Listing - Smoketree Racquet Club Condo for sale

Palm Springs condos for sale - Smoketree Racquet Club - located in South Palm Springs.  1 bedroom, 1 bath with good, efficient floor plan.  The large balcony overlooks the pool and grounds and offers views of the mountains.  If you're looking for an affordable get-away, contact us. Asking: $79,000.


check out more photos by clicking on the link above, or by visiting the listing website under "Our Listings" in the sidebar.





Russell Hill  Lic # 01427657  760.203.2959/902.3121  RussellHill@dc.rr.com

Palm Springs Real Estate and Homes for Sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a fantastic time to purchase  a Palm Springs vacation home or full-time residence.  We can show you a good inventory of Midcentury modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods and condo communities.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Below is the activity over last weekend, April 24th and 2th, 2010.

Central Palm Springs:

New Listings:
1159 Ganador Cir., Sunrise Racquet Club, 3/2, $199,900.
2033 E El Alameda, Sunrise Oasis, 2/2, $250,000.

In Escrow:
222 N Calle El Segundo, #510, Plaza Villas, 1/1, $92,000.
1050 E Ramon Rd., #14, Ramon Estados, 2/2, $115,000.
405 N Avenida Caballeros, Palomino, 2/2.5, $489,500.

Sold:
None

South Palm Springs:

New Listings:
505 S Farrell Dr., #L69, Mesquite Country Club, 2/2, $224,900.

1043 E Suntan Ln., Deepwell, 3/3, $429,900.
933 E Balboa Cir., Canyon North, 2/3, $659,000.
5 Pinto Rd., Deepwell, 3/3, $755,000.

In Escrow:
820 E Palm Canyon Dr., #204, Biltmore Colony, 2/2, $250,000.

701 E Ocotillo Ave., Tahquitz River Estates, 3/3, $599,000.

Sold:
None

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate

Russell Hill Lic #01427657 760.203.2959/902.3121  RussellHill@dc.rr.com

Blaze of Perdition - Towards the Blaze of Perdition (2009)

Artist: Blaze of Perdition
Album: Towards the Blaze of Perdition
Year: 2009
Genre: Black Metal
Country: Poland
Quality: mp3@192kbps
Size: 58 MB

1. 156 / Misterium Kliffoth 07:32
2. KĂ©nĂ´me 05:09
3. The Scarlet Woman 04:30
4. Alchemy of Flesh 03:41
5. Son of Dawn 03:41
6. KrĂłlestwo Twoje 04:21
7. The Great Work 06:26
8. Towards the Blaze of Perdition 05:50

Total playing time 42:30

Download
Download


Incantation - Diabolical Conquest (1998)

Artist: Incantation
Album: Diabolical Conquest
Year: 1998
Genre: Brutal Death Metal
Country: United States
Quality: mp3@320kbps
Size: 104 MB

1. Impending Diabolical Conquest 05:13
2. Desecration (Of the Heavenly Graceful) 05:54
3. Disciples of Blasphemous Reprisal 03:33
4. Unheavenly Skies 02:20
5. United in Repungence 03:58
6. Shadows of the Ancient Empire 03:02
7. Ethereal Misery 04:30
8. Unto Infinite Twilight / Majesty of Infernal Damnation 16:47

Total playing time 45:17

Download
Download


Vociferian - Triumphant Usurper Beast (2005)

Artist: Vociferian
Album: Triumphant Usurper Beast
Year: 2005
Genre: Black Metal
Country: France
Quality: mp3@320kbps
Size: 136 MB

1. From Beyond The Grave 05:37
2. Possezed Worshiperz Ov Doom 03:44
3. Nuklear Inquisition 04:56
4. Sacerdoce In Damnation 03:30
5. Mary'z Kunt Ripping 03:37
6. Loyal To Harshness 07:21
7. Babel Tower 04:25
8. Anteexorcem (The Real Blasphemy) 04:41
9. The Hatechurch Altar Propaganda 04:11
10. Complete JudeoChristian Genocide 07:07
11. Hidden Track 08:38

Total playing time 59:26

Download
Download


Tuesday, April 27, 2010

Akerbeltz - Tabellae Defixionum (2001)

Artist: Akerbeltz
Album: Tabellae Defixionum
Year: 2001
Genre: Black Metal
Country: Spain
Quality: mp3@320kbps
Size: 90 MB

1. The Guardian Tightly Rooted 05:45
2. Nocturnal Ride 05:03
3. The Forest Is My Haunt 07:25
4. The Green Eyes 07:15
5. Tabellae Defixionum 04:46
6. Akerhell 08:02

Total playing time 38:16

Download
Download


Palm Springs Real Estate and Homes for Sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a great time to purchase a Palm Springs vacation home.  We can show you a good inventory of Midcentury modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods and condo communities.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Below is the activity for Thursday/Friday, 4/22 & 4/23, 2010

Central Palm Springs:

New Listings:
500 E Amado Rd., #523, Deauville, 1/2, $189,900.

546 N Indian Canyon Dr., Movie Colony, 2/2.5, $599,000.
359 E Valmonte Norte, Movie Colony, 4/3, $795,000.

478 W Merito Pl., Las Palmas, 6/5, $2,595,000.

In Escrow:
816 E Cottonwood Rd., Desert Arches, 2/2, $93,000.

212 N Jill Cir., Sunrise Park, 3/2, $198,900.
1957 E Andreas Rd., Sunrise Park, 4/4, $399,000.
1193 E El Alameda, Ruth Hardy Park, 3/2, $430,000.
1447 N Rodeo Rd., Ruth Hardy Park, 4/3, $548,000.
955 N Prescott Dr., Las Palmas, 4/4.5, $2,495,000.
1455 N Vine Ave., Las Palmas, 5/5, $2,695,000.

Sold:
1050 E Ramon Rd., Ramon Estados, 3/2, $95,000.

South Palm Springs:

New Listings:
2290 S Palm Canyon Dr., #5, Desert Skies, 1/1, $84,900.
5300 E Waverly Dr., #J1, Palm Springs Golf/Tennis, 1/1.5, $105,000.
5300 E Waverly Dr., #H2, Palm Springs Golf/Tennis, 1/1.5, $105,000.
5265 E Waverly Dr, #72, Palm Canyon Villas, 2/2, $109,000.
1111 E Ramon Rd., #79, Ramona Villas, 2/2, $121,980. (foreclosure)
2121 Los Patos Dr., Villas De Las Flores, 2/2, $244,900.
2696 S Sierra Madre, #F15, Twin Springs, 2/2, $279,000.

In Escrow:
1655 E Palm Canyon Dr., #407, Smoketree Racquet Club, 1/1, $41,800. (foreclosure)
1900 S Palm Canyon Dr., #67, Sandstone Villas, 2/2, $96,000. (foreclosure)
2701 E Mesquite Ave., #I191, Mesquite Country Club, 2/2, $172,500. (foreclosure)
6025 Arroyo Rd., #3, Mountain Shadows, 3/2.5, $210,000.

2633 E Mesquite Ave., Los Compadres, 3/2, $359,000.
1065 Bella, Monte Sereno, 3/3.5, $724,500. (foreclosure)
417  Bella Cara Way, Estancias @ South Canyon, 4/4, $1,849,000.

Sold:
2155 Southridge Dr., Southridge, 2/2, $129,000. (foreclosure/over asking)
185 Calle Bravo, Canyon West Estates, 2/2.5, $130,100. (foreclosure)
2270 N Sunshine Cir., Sunshine Villa, 3/2, $150,000.

1847 Apache Cir., Twin Palms, 3/2, $412,500. (over asking)
2336 S Caliente Dr., Canyon North, 3/3, $650,000.

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate

Russell Hill  Lic # 01427657  760.203.2959/902.3121  RussellHill@dc.rr.com

Monday, April 26, 2010

Los Angeles Apartment Mkt 1st Quarter 2010: Trophy Hancock Park Buildings Trade at 11.4 GRM While Mid-Wilshire "Bread & Butter" Building Nets 7.5 GRM

The apartment market in West Hollywood, Hollywood, Hancock Park-Wilshire, Mid-Wilshire and Silver Lake - Echo Park during the 1st Quarter 2010 shows buildings trading from 7.5 - 12.6 GRM (and everything in between).
  • West Hollywood - 11.7 - 12.6 (B Class, A Class)
  • Hancock Park - 11.3 - 11.4 (A Class)
  • Hollywood - 8.8 - 11.4 (B Class, A Class)
  • Mid-Wilshire - 7.5 (B Class)
  • Silver Lake - 11.2 (A Class)
It's noteworthy that A Class buildings in A neighborhoods are selling in the range of 11.2 - 12.6 GRM. (Roughly 5.5 - 8% cap / capitalization rate).

****************************************************************************************
If you have any questions about the Los Angeles income property market, please contact us by clicking on this link to send us an email or by calling us at (310) 845-6810.

You can also subscribe to our quarterly Los Angeles Investment Property Newsletter by clicking on this link. To see our 1st Quarter 2010 newsletter, click on this link.

****************************************************************************************

1285 n SweetzerIn West Hollywood, 1285 N Sweetzer Avenue sold for an 11.7 GRM. This building has 28 units, 22,804 sq ft of living area, and sold for $6.1 million with gross income of $520,000. 25 x 1 br, 2 x 2 br, 1 x 3 br. This large, well-maintained complex sets the bar for what investors can expect in an A-Class, A-quality neighborhood. It's interesting to note that the largest sale in Santa Monica during the 1st Quarter 2010 was also at an 11.7 GRM.

7733 Hampton7703 Hampton Avenue in West Hollywood sold for a 12.6 GRM. This building has 9 units, 6,594 sq ft of living area, and sold for $2,032,000 with gross income of $162,000. 9 x 1 br. The building has no deferred maintenance and low (3%) vacancy.

180 S SycamoreTwo sales in Hancock Park illustrate (1) what returns buyers can expect for a trophy/historic/architectural building; and (2) the consistency of returns in neighborhoods.

180 S Sycamore Avenue
in Hancock Park sold for an 11.4 GRM. This building has 15 units, 12,966 sq ft of living area, and sold for $3.4 million with gross income of $299,000. 3 x 0 br, 9 x 1 br, 3 x 2 br. The building is in a much sought-after Spanish style in the much sought-after Hancock Park neighborhood.
100 N Sycamore100 N Sycamore Avenue in Hancock Park sold for an 11.3 GRM (vs. 11.4 above). This building has 13 units, 16,588 sq ft of living area, and sold for $3,050,000 with gross income of $269,000. 9 x 1 br, 4 x 2. This historic building qualifies for Mills Act property tax reduction (typically 20 - 50%). LA investors know the value of these prestige buildings (1920-30s), which never go out of style with renters.
5703 La MiradaTurning to Hollywood, we also find an 11.4 GRM for an A-Class building in an A-Class part of the neighborhood. 6824 Camrose Drive has 10 units, 7,478 sq ft of living area, and sold for $1.5 million with gross income of $131,000. 8 x 1 br, 2 x 2 br.

In urban part of Hollywood, like 7703 La Mirada Avenue, investors can get the best returns -- an 8.9 GRM on current rents. This building has 26 units, 18,201 sq ft of living area, and sold for $2.4 million with gross income of $273,300. 4 x 0 br, 20 x 1 br, 2 x 1 br. A "hands on" owner operator could capitalize on the 24% upside on the building's rents.

4100 W 1st Los AngelesAnother building offering excellent returns is 4100 West 1st Street in Mid-Wilshire, that sold at a low 7.5 GRM. This building has 23 units, 19,329 sq ft of living area, and sold for $2,185,000 with gross income of $291,000. 19 x 1 br, 4 x 2 br.

3821 Effie3821 Effie Street in Silver Lake sold for an 11.2 GRM. This building has 6 units, 5,310 sq ft of living area, and sold for $1,075,00 with gross income of $96,000. 6 x 1 br. Silver Lake and Echo Park remain a magnet for post-college renters and local investors like this type of small, easy-to-rent, easy-t0-manage complex.

Tsjuder - Desert Northern Hell (2004)

Artist: Tsjuder
Album: Desert Northern Hell
Year: 2004
Genre: Black Metal
Country: Norway
Quality: mp3@320kbps
Size: 115 MB

1. Malignant Coronation 03:11
2. Ghoul 06:29
3. Possessed 03:54
4. Lord of Swords 04:14
5. Helvete 03:14
6. Mouth of Madness 08:00
7. Unholy Paragon 05:39
8. Sacrifice (Bathory cover) 03:30
9. Morbid Lust 11:19

Total playing time 49:33

Download
Download

Szron / Kriegsmaschine - Split (2006)

Artist: Szron | Kriegsmaschine
Album: Split
Year: 2006
Genre: Black Metal
Country: Poland
Quality: mp3@320kbps
Size: 95 MB

Szron
1. Beneath the Conscious Perception 05:59
2. Where Life Is Absent 04:35
3. The Great Antagonist 04:53
4. Mankind's Funeral 03:35
5. Hatedriven (Satan's Reich) 03:59
Kriegsmaschine
6. Annihilate Prime Factor 04:37
7. E. 04:20
8. The Fall, in All Its Glory 08:15

Total playing time 40:17

Download
Download

Saturday, April 24, 2010

Palm Springs Real Estate and Homes for Sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a great time to purchase a Palm Springs vacation home or full time residence.  We can show you a fine inventory of midcentury modern, California Ranch, Spanish-style Ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods and condo communities.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Here's the activity for Wednesday, 21 April, 2010.

Thanks for following our blog.  If you're new, welcome!  Links to properties are "active" for 30 days.  If you're linking to them after they've expired, let me know and I can certainly re-link for you.  Also, I do not post price reductions, so if you're following a particular property or neighborhood, feel free to contact us to find out about price reductions, etc.  Thanks, again, for following!  We love your comments!

Central Palm Springs:

New Listings:
1187 E Alejo Rd., Greenhouse, 2/2, $224,000.

480 W Via Sol, Las Palmas, 4/5, $1,450,000.
600 N Cahuilla Rd., Las Palmas, 4/4.5, $3,790,000.

In Escrow:
400 N Sunrise Way, Catalina Grove, 1/1, $75,750.
351 N Hermosa Dr., #42A, Casa Verde, 1/1, $84,900.

Sold:
867 N Calle De Pinos, Sunrise Oasis, 3/2, $240,000.
555 W Baristo Rd., #9, Tennis Club Condos, 2/2, $471,000.

700 W Stevens Rd., Las Palmas Heights, 6/7.5, $1,150,000.

South Palm Springs:

New Listings:
1456 S Camino Real, Biltmore, 3/2, $149,000.
1205 Martinique Cir., Sunrise East, 2/2, $225,000. (foreclosure)
1855 E Ramon Rd., Villa Riviera, 2/2, $249,900.
2154 S via Mazatlan, Canyon South 2, 3/2, $379,900.

295 W Carmelita, The Mesa, 2/2, $495,000.
2295 S Yosemite Dr., Canyon North, 4/4, $609,000.

In Escrow:
4820 N Winners Cir., #A, Waverly Park, 2/2, $299,500.

3113 E San Martin Cir., Los Compadres, 3/2, $259,900.

Sold:
1660 Stonehedge Rd., Andreas Hills, 3/3.5, $750,000.

Source: Desert Area MLS.  Listings are not necessarily those of RS Associates/Zephyr Real Estate

Russell Hill Lic # 01427657 760.203.2959/902.3121  RussellHill@dc.rr.com

Friday, April 23, 2010

Palm Springs Real Estate and Homes for sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a fantastic time to purchase a Palm Springs vacation home or full time residence.  We can show you a good inventory of midcentury modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods and condo communities.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Here is the activity for Tuesday, 20 April, 2010.

Central Palm Springs:

New Listings:
None

In Escrow:
321 S Calle Jasmin, Sundial Condos, 2/2, $189,900.

3695 E Camino Rojos, El Rancho Vista Estates, 3/2, $365,000.

Sold:
1901 Paseo Pelota, Sunrise Racquet Club, 2/2, $215,000.

South Palm Springs:

New Listings:
1950 S Palm Canyon Dr., #104, Sandstone Villas, 2/2, $109,000.
6181 Arroyo Rd., #7, Mountain Shadows, 3/2.5, $195,000.
2601 S broadmoor Dr., #2, Summerset Springs, 3/2, $219,500.
780 E Palm Canyon Dr., #101, Biltmore Colony, 2/2, $234,000.

1499 E Via Estrella, Canyon North, 3/3.5, $995,000.

In Escrow:
151 Desert Lakes Dr., Seven Lakes Country Club, 2/2, $218,000. (foreclosure)

1486 S driftwood Dr., Deepwell, 3/4, $799,000.

Sold:
1490 S Camino Real, #205, Biltmore, 2/2, $80,500.
2180 S Palm Canyon Dr., #40, Canyon CC Estados, 3/2, $125,000. (foreclosure)

273 E Palo Verde Ave., Tahquitz River Estates, 3/2, $355,000. (foreclosure)

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate

Russell Hill  Lic # 01427657  760.203.2959/902.3121  RussellHill@dc.rr.com

Earth Day, 2010 - Tree People, Los Angeles

In recognition of Earth Day, I became an "Oak Leaf" member of Tree People - Los Angeles.  While I normally contribute to local groups or organizations, I wholeheartedly support the efforts of Tree People in the Los Angles area in "greening" the city of Los Angeles and replanting in the area mountains, particularly areas damaged by fire.  Be sure to visit their website at the link above.

cheers,
Russell

Thursday, April 22, 2010

Palm Springs Real Estate and Homes for sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a fantastic time to purchase a Palm Springs vacation home or full time residence. We can show you a good inventory of mid century modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods and condo communities.

When you buy or sell in Palm Springs, contact us for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Below is the activity for Monday, 19, April, 2010.

Central Palm Springs:

New Listings:
314 E Stevens Rd., Lantana Lodge, studio, $34,500.                                                                    
500 E Amado Rd., #703, Deauville, 1/2, $239,000.
921 Alejo, Alejo Vista, 2/2.5, $499,000.

In Escrow:
311 Ameno Dr., W., Tierra Hermosa, 2/2, $249,000.

Sold:
None

South Palm Springs:

New Listings:
1492 S Camino Real, #315, Biltmore, 2/2, $98,000.
1143 S La Verne Way, Canyon South 1, 2/2, $178,250. (foreclosure)
2387 Casitas Way, Mesquite Canyon Estates, 2/2, $379,000.

1201 S Calle Marcus, Deepwell, 2/2, $345,000.
1533 E Maricopa Dr., Canyon North, 4/4.5, $1,125,000.

In Escrow:
6062 Arroyo Rd., #3, Mountain Shadows, 4/2.5, $184,000.

1372 Crystal Ct., Jasmine Homes, 3/2, $439,000.
1311 Fuego Cir., Canyon North, 3/3.5, $449,900. (foreclosure)

Sold:
2700 Golf Cub Dr., #22, Esprit, 2/2, $113,000. (foreclosure)

2471 S Caliente Dr., Canyon North, 3/3.5, $1,090,000.

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate

Russell Hill  Lic # 01427657  760.203.2959/902.3121  RussellHill@dc.rr.com

25th Annual Oak Park River Forest Kitchen Walk

One Day April 24, 2010 - 10 Kitchens

Parenthesis will be having their annual Kitchenwalk an opportunity to tour 10 remarkable kitchens in Oak Park & River Forest. See how contemporary character is blended with historical arichitecture. Tickets are $45 the day of the walk or $40 in advance.

For more information call Parenthesis at 708-848-2227

Wednesday, April 21, 2010

Westside Income Q1 2010: Santa Monica's Allure Untarnished - Side-Lined Capital Seeks the Few Best-Priced, Best-Quality Assets

Multifamily properties in Santa Monica traded in the narrow band of 11.7 - 14.2 GRM during the 1st quarter of 2010. All of these properties were within 1 mile of the beach and offered the best combination of price, quality, and unit mix of those listed.

The short sales and foreclosures that have plagued the local residential market have not much impacted the Westside multifamily property sector. Most owners are well-capitalized and despite the fact that vacancies have crept up and rents have declined, few owners have been forced to liquidate their holdings.

There is great diversity of product on the market. We see the strongest interest in the few non-rent controlled buildings and B-or-better quality buildings in B+-or-better quality neighborhoods. We see the weakest interest in buildings that have below-market rent-controlled units and that are near Freeways or on major streets.

There is a flight to quality and the realization that we may not in our lifetimes see a 7% cap anywhere on the Westside.

1101 Bay Street1101 Bay Street in Santa Monica sold for an 11.7 GRM. This building has 16 units, 15,788 sq ft of living area, and sold for $3.2 million with gross income of $272,000. 8 x 1 br, 8 x 2 br.
1137 11th Street1137 11th Street in Santa Monica sold for an 14.2 GRM. This building has 11 units, 13,913 sq ft of living area, and sold for $3.0 million with gross income of $212,000. 3 x 3 br, 6 x 2 br, 2 x 1 br.

908 4th street908 4th Street in Santa Monica sold for an 13.1 GRM. This building has 18 units, 7,760 sq ft of living area, and sold for $2.98 million with gross income of $227,000. All units are singles. This is a non-rent-controlled building.
3728 Delmas3728 Delmas Street in Palms-Mar Vista sold for an 11.4 GRM. This building has 8 units, 11,045 sq ft of living area, and sold for $2.1 million with gross income of $185,000. 2 x 3 br, 4 x 2 br, 2 x 1 br. This is a non-rent-controlled building, and we think this is the best deal of the quarter.
1257 9th Street1257 9th Street in Palms-Mar Vista sold for a 14.4 GRM. This building has 5 units, 4,220 sq ft of living area, and sold for $1.3 million with gross income of $90,600. 1 x 2 br, 3 x 1 br, 1 x 0 br.

If you have any questions about income properties, please contact us by clicking on this link to send us an email or by calling us at (310) 845-6810.

You can also subscribe to our quarterly Los Angeles Investment Property Newsletter, by clicking on this link. To see a sample of the newsletter, click on this link.

Palm Springs Real Estate and Homes for sale

Find Palm Springs homes for sale on our Palm Springs real estate blog.  Now is a fantastic time to purchase a Palm Springs vacation home or full-time residence.  We can show you a good inventory of mid century modern, California Ranch, Spanish-style ranch, Spanish Revival, cottage and single-level condos, located in many of Palm Springs' most popular neighborhoods.

When you buy or sell in Palm Springs, contact is for professional and friendly representation.
Call or text: 760.902.3121 / 760.333.2264

RS Associates - Russell Hill & Steve Frank

Below is the activity for last weekend, April 16 and 17, 2010.

Central Palm Springs:

New Listings:
1050 E Ramon Rd., Ramon Estados, 2/2, $115,000.

504 N Cantera Cir., Sun Villas, 3/2.25, $295,000.

In Escrow:
None

Sold:
None

South Palm Springs:

New Listings:
451 E Via Carisma, #71, Canyon CC Estados, 2/2, $$145,000.
261 E La Verne Way, #N, Casa Canyon, 2/2, $150,000.
411 E San Jose Rd., Canyon View Estates, 3/2, $289,000.

3200 E Sonora Rd., Los Compadres, 4/2.5, $310,000.
1243 S Sagebrush Rd., Deepwell, 3/4, $1,095,000.

In Escrow:
1788 S Palm Canyon Dr., Royal Hawaiian, 3/2, $199,000.

956 E San Lorenzo Rd., Tahquitz River Estates, 3/2, $599,000.

Sold:
None

Source: Desert Area MLS.  Listings/sales are not necessarily those of RS Associates/Zephyr Real Estate

Russell Hill  Lic #01427657  760.203.2959/902.3121  RussellHill@dc.rr.com
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