Local Real Estate Market Shows its Muscle

May 12, 2020 | Palm Springs Life | STEVEN BILLER

Coachella Valley home prices, sales, and inventory show a healthy real estate market in a time of the coronavirus pandemic.

Home prices and inventory appear stable in the Coachella Valley, and indicators — such as leads, showings, and offers — suggest the COVID-19 pandemic is having little effect on the local real estate market, experts said Tuesday during an industry webinar.

"Ladies and gentlemen, we are not in a real estate crisis," Brady Sandahl of Keller Williams told the audience of real estate agents and brokers during the Market Watch Spring Webinar, a Palm Springs Life event. "We are in a challenging market. We've been in a high tide for the last 10 years, and now there's a health crisis, an unemployment crisis, and an economic crisis."

But in the Coachella Valley, Michael McDonald of Market Watch beamed, "Inventory remains contained. There's no rush to sell or put homes on the market." On March 1, there were 3,019 available units on the market in the valley. On May 1, there were 2,924. "Inventory is not increasing, yet," he explained. "If it doesn't rise, it's a good sign."

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Neighbors Meeting Neighbors

Neighbors were treated to a first time meet and greet at the Vibe party!

Park Art Dedication

Team GHA and the city of Palm Springs at the Art Dedication Ceremony for Vibe.

Park Dedication

Mario Gonzales, President of GHA Companies, chats with Mayor Robert Moon at the dedication ceremony.

Home Has Never Had More Meaning

April 2020

Thank you to our amazing homeowners.

Award Winner!

September 2019

The LX at Vibe won an award for Best Architectural Series under $1 Million at the SoCal Awards.

SoCal award winner photos.

Plan 3A Rear at Dusk

artist's vision of plan 3A rear at dusk.

The "Cove" Clubhouse

Coming together nicely and just in time for its big debut!

Cove clubhouse pool & lounge area. Cove clubhouse swing seats. Spa and pool. Cove clubhouse swing seat with pool in background.

Discover the New Palm Springs 'Vibe' – Now Preselling

Palm Springs, CA

A modern new landmark is ready to make a statement and take its place in the storied history of Palm Springs. Featuring modern architecture, Vibe Lx is the Signature Series of Vibe, a gated home community by award-winning homebuilder, GHA Companies.

Now with the models well underway, GHA has released a select few homesites availa-ble for sale at pre-grand opening prices. Discover the resort way of life in a single-family modern home with onsite clubhouse amenities at The Cove, private community parks (for you and for your dog), all walking distance of downtown.

Select from 3 stunning plans at The Vibe Lx, offering sophisticated design within open and seamless living spaces. The homes boast 10-foot and higher, ceiling heights, ex-pansive windows, grand great rooms, modern kitchens, luxurious master suites. Roof-top decks, balconies, and a detached casita offered in selected plans.

Each home also comes complete with a pool and spa and full front, rear and courtyard landscaping including attractive night lighting.

The community comes to life with 72 single-family homes from 2,032 to 2,547 sq. ft.

The Lx1 offers 2,032 sq. ft. of living space with 2-3 bedrooms, 2.5 baths, 2-bay garage, optional Sky Deck.

The Lx2 offers a 2,343 sq. ft. floor plan with 2-3 bedrooms, 3.5 baths, 2-bay garage and casita.

The Lx3 offers 2,547 sq. ft. with 2-3 bedrooms, 3.5 baths, 2-bay garage and casita.

A modern kitchen at The Lx brings pro-style and beauty to the culinary experience.

Contemporary flat panel cabinetry, quartz countertops with full-height backsplash, a kitchen island with extra counter space, pendant lighting, large pantries, a stainless-steel Jenn-Air appliance package are among the highlights.

The elegant master suite creates a private, relaxing sanctuary with generous walk-in closets, oval spa-style tub, oversized shower, quartz countertops and European-style cabinetry. Star gaze or greet the morning sun on a romantic balcony (offered in select-ed plans).

The Cove Clubhouse supplies you, your family and friends, a pool, spa and beautifully designed spaces for relaxing, dining and hosting special gatherings.

GHA Companies provides the luxury of numerous customizing options including out-door showers, additional fireplaces, barn doors, etc. Discover how you can customize and make your home a unique work of art.

The model homes are currently a work in progress. Reservations are taken by appoint-ment. Call Joe Gallitto 760-537-3034 to schedule an appointment to take a hard hat tour of the models under construction.

The project is located at the corner of Baristo and Farrell Drive bordering Tahquitz Canyon Drive. The Vibe Lx homes are situated on fee land. Priced from the $800,000s.

Plan 2B at Dusk

artist's vision of plan 2B at dusk.

Plan 3A Rear at Dusk

artist's vision of plan 3A rear at dusk.
gold rings

the list

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