Palm Springs Real Estate Podcast with Will Cook
114 episodes - English - Latest episode: 10 days ago - ★★★★ - 1 ratingIf you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Will Cook Group - your professional Palm Springs Real Estate Agents.
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Episodes
Palm Springs Market Update: Spring 2024 Insights
April 17, 2024 08:00 VideoDive into Palm Springs’ market dynamics and opportunities. The real estate market in Palm Springs is showing interesting trends that both buyers and sellers should be aware of. Here’s a detailed look at the current state of the market and what you can expect in the coming months. This spring has seen a noticeable increase in home sales compared to last year, with sales averaging 633 units this month compared to 577 units a year ago. Despite this increase, sales are still 21.7% below norma...
From Lowball to Sold: Negotiating Your Home Sale
April 03, 2024 08:00 VideoLearn effective tactics to counter lowball offers and secure the best deal. In today’s fluctuating real estate market, with interest rates hovering around 7% and inventory remaining low, sellers often encounter buyers with unrealistic expectations regarding initial offers. Receiving a lowball offer on your home can be disheartening, but with the right strategy, it can be navigated to secure a favorable deal. Here’s how to approach a lowball offer effectively and maintain control of the neg...
What Home Sellers Need to Know About the Current Market
March 08, 2024 08:00 VideoUnderstanding the impact of mortgage rates on your home's value. Homeowners and potential sellers are closely watching how rising mortgage rates might impact home prices. With predictions of further rate increases, the question on many minds is whether we will see a significant drop in home prices. However, the situation is more complex than a simple yes or no answer. Here are four key points to consider if you’re thinking about selling your home or curious about the market’s direction: ...
Rising Costs, Selective Policies: The Impact of Inflation on Home Insurance in California
February 23, 2024 08:00 VideoExploring the current shaky insurance situation for Californians. Homeowners in California have been facing challenges in securing insurance coverage, with major companies like Allstate and State Farm making headlines by either withdrawing from the state entirely or ceasing to offer homeowner’s insurance policies. The root of this issue lies in the broader struggle that insurance companies face nationwide due to inflation. The escalating costs of materials and labor, exacerbated by inflat...
Market Momentum: Palm Springs Real Estate Update and Projections
February 12, 2024 08:00 VideoAn update on the current dynamics in the Palm Springs market. There are some interesting trends shaping the winter market landscape in Coachella Valley. Let’s dive into the key insights and numbers that define the current state of the market. The winter real estate market is off to a promising start, with the three-month average sales rate showing a significant increase compared to the same period last year. In January alone, there were 510 units sold, marking a noteworthy improvement fro...
Steer Clear of These 6 Costly Pitfalls When Buying a Home
January 24, 2024 08:00 VideoTo ensure a smooth homebuying experience, avoid these six pitfalls. Buying a home is a major financial decision that requires careful consideration to ensure a smooth and successful transaction. Today, we’ll discuss several common pitfalls that buyers should avoid to make their home-buying experience a positive one. 1. Skipping the home inspection. One of the biggest mistakes buyers can make is skipping the home inspection. It’s crucial to hire a professional to identify potential issues ...
Wishing You a Wonderful New Year
December 19, 2023 08:00 VideoIt’s been an amazing year for our team, thanks to your continued support. It’s hard to believe that we’re on the cusp of yet another new year, and it has been a pleasure to serve each and every one of you. We are so grateful to have worked with so many buyers and sellers in 2023 and to everyone who had to pack and move this past year. It may have seemed hard and impossible, but you did it. You made your dreams of moving across town to another city or across the country a reality. Congratu...
What Will 2024 Bring in Housing: 3 Predictions
December 13, 2023 08:00 VideoHere’s what the experts have to say about the 2024 housing market. What can we expect from the housing market in 2024? Today, I’ll delve into the projections and analyses provided by leading experts in the real estate field, outlining what to expect in terms of housing prices, mortgage rates, inventory challenges, and the market’s overall dynamics. These insights will help you plan your real estate moves for next year. Feel free to watch the full video or use these timestamps to browse sp...
Is Selling Your Home During the Holidays a Good Idea?
November 17, 2023 08:00 VideoThe pros and cons of listing your home during the holidays. I’d like to share some pros and cons regarding listing your home for sale during the holidays, as I’ve received inquiries from several sellers contemplating this decision. Here are some pros and cons you need to consider: Pros: 1. Continuous online exposure. The internet operates 24/7, ensuring that well-marketed homes capture significant attention even during the holiday season. 2. Reduced competition. Many sellers hesitate t...
Fall Real Estate Market Update: What's Happening in the Greater Palm Springs Area
November 13, 2023 08:00 VideoExploring the impact of declining sales and shifting trends. In today’s fall real estate market update, we’ll dive into the latest trends in the Coachella Valley. Over the past few months, the region has witnessed a decline in home sales, with October numbers showing a decrease of 53 units compared to the previous year. The 12-month average reveals a 25% drop in sales year-over-year. This shift in the market landscape has implications for both buyers and sellers. Stay tuned as we explore t...
Unlocking the Secrets of Home Loans: Insights from Mortgage Expert
October 24, 2023 08:00 VideoExplore the mortgage landscape with industry expert Brett Hertz. In a recent conversation with mortgage industry expert Brett Hertz, we delved into the hot topic of home lending. With over a decade of experience and handling around 400 loans annually, Brett provided invaluable insights into the current mortgage landscape. We touched on everything from rising rates to available loan products, credit standards, and preparing to buy a home. If you’re contemplating a home purchase, Brett’s exp...
Common Mistakes Homeowners Make When Selling Their Property
October 10, 2023 10:00 VideoHere are five common seller mistakes that you should try to avoid. Selling your home can be a significant decision, and making the process as smooth as possible is crucial. To help you navigate the challenges of selling your home, we’ve identified the top five regrets homeowners often encounter once their property is listed for sale. 1. Overpricing your home. One of the most common regrets among sellers is setting an overly ambitious listing price. While wanting to get the most out of you...
Increase Your Home’s Value: Expert Strategies for a Successful Sale
September 26, 2023 10:00 VideoIf you’re thinking about selling your home anytime soon, you need to know how to get the most money out of it. Too many people fall into the trap of thinking they don’t need to put in any work or that they need to spend enormous amounts of money to increase the value of their homes. The truth is that effort is necessary, but a little bit can go a long way. Here are my three tips for how to increase the value of your home: 1. Make a good first impression. The truth is that the first look can...
Mortgage Rates and Inflation 101: How These 2 Factors Are Related
September 08, 2023 10:00 VideoHow inflation and mortgage interest rates are related in the economy. What’s the relationship between inflation and interest rates? With inflation and the housing market making headlines, it’s crucial to grasp the relationship between these two economic factors. When inflation rates rise, the Federal Reserve takes action by increasing the Fed funds rate. Consequently, borrowing money becomes more expensive, causing interest rates on various financial products, such as car loans, credit ca...
Get Top Dollar for Your Home: Here’s What Not To Fix Before Selling
August 29, 2023 10:00 VideoSharing three projects you shouldn’t take on when preparing to sell. When preparing to sell your house, you need to make sure it’s appealing to potential buyers. Many homeowners rush to fix every little flaw thinking it will boost their property’s value, but not every improvement will yield a significant return on investment. To help you avoid the ones that aren’t worthwhile, here are the top three things you should avoid fixing when getting your house ready to sell: 1. Minor HVAC, elect...
Unveiling the Vibrant Real Estate Market of Greater Palm Springs
August 09, 2023 10:00 VideoExploring sold homes, median prices, inventory, and more. Today, we will delve into the dynamic real estate market of the Greater Palm Springs area. Join me as we explore the current trends and data impacting home sales in the region. Whether you’re a prospective buyer aiming to secure a property at the current interest rates or a seller seeking the best strategy to present your property, we have you covered. Click here for an in-depth look at our current market statistics. Feel free to w...
Attract Buyers Like a Magnet: Top-Notch Home-Selling Tips
July 20, 2023 10:00 VideoFour small changes you can do to earn big bucks for your property. What can you do that will make a big difference in selling your home? Buyers have high expectations, and they’re looking for a property that stands out from the crowd. That’s why today I’ll dive into some small changes that will have a massive impact on your home sale: 1. Curb appeal is king. Spruce up your front yard with some colorful flowers. Trim that unruly hedge and give your front door a fresh coat of paint. First i...
The Dilemma: To Stay or Go? Navigating Your Options in the Current Real Estate Climate
June 30, 2023 10:00 VideoWhether staying or exploring a new home is the right choice. Today, we’re going to discuss the topic of deciding whether to stay or go when it comes to your next move in the real estate market. With numerous headlines about our local real estate market circulating, it’s natural to question whether it’s the right time to make a move. There’s no denying that the current market presents some challenges. Buyers are facing higher prices, existing home sales have dipped compared to previous yea...
Palm Springs Area Summer Market Update
June 21, 2023 10:00 VideoSharing the latest updates you need to know about our housing market. Today, I’m here to share some fascinating updates about the Palm Springs area. The latest real estate market data shows an upward trend in home sales, indicating a recovery in the market in both single-family homes and condos. To keep you informed on this important information, let’s take a closer look at what’s going on in our market. Feel free to watch the full video above or use these timestamps that will direct you...
Pricing Your Home Right the First Time: 3 Tips
June 06, 2023 10:00 VideoGetting the right price for your home comes down to these three tips. The real estate market is an ever-changing thing. One day, prices are up, and the very next day, everything has reversed on you. Over the last few years especially, with turbulent markets and economic confusion, the real estate market has become increasingly dynamic. In this era of constant fluctuation, how will you know how much your home is worth? There are three things that you need to know: 1. Use the right tools. O...
How To Make Money by Investing in Real Estate
May 24, 2023 10:00 VideoHow much do you know about the power of investing in real estate? The truth is that this avenue can be very lucrative and help you build long-term wealth. However, know upfront that this type of investing is much more about the long game, and you’ll need to be patient. The sooner you start, the more you can earn. Over the years, people have gotten their start in real estate investing in various ways. Some people have rented out part of their homes, lived with their families a little longer,...
The 6 Best Low-Cost Home Improvement Projects for Sellers
May 05, 2023 10:00 VideoSix projects homeowners should consider when updating their houses. Do you want to improve the value of your home? Maybe you plan on selling this season, or maybe you don’t plan to sell for years to come. Whatever your situation is, it’s always a good idea to add value to your property. That’s why today, I’m sharing a few of the easiest ways homeowners can add value to their homes for a low upfront cost. You can listen to my full explanation in the video above or skip to each topic using...
A Seller's Guide to Home Sale Documentation
April 20, 2023 10:00 VideoSelling a home requires a ton of paperwork, so make sure you’re prepared. Are you looking to sell a home? At times, it may seem like you are adrift on an endless sea of paperwork. So many documents are required during the sale of a home that it can be confusing and worrisome. It’s easy to become overwhelmed, which is why I’ve put together this brief primer to help you navigate the process. This isn’t an exhaustive list of all the documents you might need during a sale, but it should help y...
Palm Springs Area Spring 2023 Market Update
April 11, 2023 00:00 VideoA full market update and analysis for the Coachella Valley market. The real estate market in the Coachella Valley has seen some interesting trends in recent months. For instance, while sales are down compared to pre-pandemic levels, there were over 700 sales in the area last month alone, with the three-month average of sales rising to 545 units per month from 449. This increase in sales is largely seasonal, and it is expected to continue for a few more months. Today we’ll go over a compreh...
What Sellers Need To Know About Appraisals
March 22, 2023 00:00 VideoAnswering three common questions about appraisals to prepare sellers. Are you thinking about selling your home? If so, how exciting! This process means a fresh start and new beginnings. However, before you list your property, it is important that you completely understand appraisals. An appraisal is an opinion of value, where an expert appraiser will come to your house and estimate how much it is worth. They will provide a written report based on their inspection of pertinent information t...
How to Confidently Sell a Fixer-Upper
March 02, 2023 00:00 VideoThree things you should do to successfully sell a fixer-upper. The selling process is already difficult enough, but when you add noticeable problems with the property into the equation, it can make the home sale even more complicated. Inventory is now increasing, and buyers have more options to choose from. Your home, which needs repairs, won’t likely be their first choice, and those who are interested in purchasing may make an offer that’s less than what you wanted to sell it for. Sellin...
The Real Estate Market: An Informative Update
February 13, 2023 00:00 VideoThe current market is strong for both buyers and sellers. Are you thinking about buying, selling, or investing in the greater Palm Springs market? If so, you need to have the best available data on hand to make an informed decision. Today, I’ll be going over all of the latest numbers to let you know where our housing market stands. Feel free to watch the full message above or use these timestamps that will direct you to various points in the video: 0:00 — Introduction 0:32 — Medium home...
My Best Predictions for 2023’s Housing Market
January 17, 2023 00:00 VideoHere’s what you need to know about the future of 2023’s market. What’s happening with our real estate market? Will 2023 continue to trend down? Will things stabilize? Maybe the market will go back to being crazy like it was during the pandemic. The truth is that no one knows for sure what will happen to our market in 2023, but by leaning on market data and past trends, we can get a pretty good idea of where things will head. That’s why I’m sharing my best predictions for the future of 2023...
Happy Holidays From the Will Cook Group
December 13, 2022 00:00 VideoOur team wants to wish you and yours a happy holiday. Happy holidays to you! The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories. We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us and supporting our business. This may be a busy time of year, but we are always here to help you and answer any questions you ...
Why Buyers Shouldn’t Sit on the Sidelines
November 22, 2022 00:00 VideoHere’s what buyers need to know about our current housing market. “Is now a good time to buy real estate?” People have been asking me this all the time, but is this the right question to ask? Another way of thinking about this is by asking, “Will tomorrow be a better time to purchase real estate?” In my opinion, it will only get harder to purchase property in the future, and today I want to discuss why. First, if you’re not a cash buyer, interest rates are going to affect you. Yes, inte...
Fall 2022 Palm Springs Area Market Update
November 09, 2022 00:00 VideoThe latest data you need to know about the Greater Palm Springs market. What’s happening to the Greater Palm Springs real estate market? We are in a different market than we experienced last year at this time, but it’s not all doom and gloom like some headlines might make you believe. The market has shifted, but it hasn’t crashed. Today I’ll share some critical data about our market to help guide your real estate plans. First, the median price of a detached home in Coachella Valley as of...
See This Before Rejecting a Lowball Offer
October 20, 2022 00:00 VideoHere are five key points to consider if you received a lowball offer. You’ve invested a great deal in your house, so when it’s time to list it on the market, you expect potential buyers to see its true value. However, sometimes you get an offer that is so far below the asking price that it feels like a gut punch. Should you walk away? Or does it make sense to pause and consider your options? Today I’m sharing some points to consider before you decide. Feel free to watch the full intervie...
3 Reasons Your Home Isn’t Selling
October 06, 2022 00:00 VideoThese are the three most common reasons why a home just won’t sell. “Why is my home still on the market?” More people have been asking me this recently. Today’s market is a little more challenging for sellers compared to last year. Typically there are three main reasons why a home isn’t selling. Once you can identify your issue, you’ll be well on your way to achieving your goals: 1. The price point. If buyers are looking at your home online, a price that’s too high might scare them away f...
So Your Appraisal Came in Low—What Now?
September 09, 2022 00:00 VideoDon’t let a low home appraisal disrupt your sale. You have options. Despite rising interest rates shrinking your potential pool of buyers, now is still a great time to sell your home. Home prices continue to increase, just not as quickly as they did over the last couple of years. Still, keep in mind that rising home values can also present a challenge for sellers. Most buyers in today’s market are financing their home purchases with a mortgage. To be approved for a loan, lenders require b...
Read This Before Entering the Market
August 16, 2022 00:00 VideoHow our market has shifted over the summer, and where it’s headed. While our market has begun to shift in favor of buyers, it’s not a full-blown buyer’s market. Today I’ll update you on the summer market. Our absorption rate remains low because of our lack of inventory, which keeps our prices strong. July’s median price for a detached home in the Coachella Valley was $710,000, a $10,000 monthly increase and a 19.3% year-over-year increase. We’ve now entered the seasonal period when home...
The Truth Behind Our Slowing Market
July 28, 2022 19:32 VideoWhy our real estate market has slowed down throughout the year. Is the housing market finally slowing? Maybe you’ve heard about a change in the news or from a friend, and they’re right—our housing market has slowed. Today I’ll share how this shift might affect you if you own a home. However, first, let’s go over why we’re seeing this change in the first place. One of the reasons is that the Federal Reserve has increased the federal funds rate to fight inflation. This has, in turn, increas...
4 Things You Should Know About Our Market
June 23, 2022 00:00 VideoInterest rates are rising, so should you be worried about a crash? “Will housing prices collapse?” I’ve been receiving this question almost daily. Interest rates have increased dramatically recently, and many homeowners are worried. The answer isn’t cut and dry, so here are four key factors that explain what’s happening in our real estate market: 1. Mortgages are getting more expensive. Our buyer pool shrinks as homes become more expensive, and some buyers are no longer qualified to purch...
3 Things To Disclose To Avoid Legal Hassles
June 06, 2022 00:00 VideoWhen selling a home, it’s best to disclose as much as you can. What do homeowners need to disclose about their house when selling? Willfully omitting information or not disclosing material facts about a property is one of the most common reasons that buyers sue sellers after closing. California is a very strict disclosure state; we have laws that say sellers must disclose any material facts they know about the property to the best of their knowledge. That’s typically done via a form call...
Have Housing Prices Peaked?
May 16, 2022 00:00 VideoHave sellers missed their opportunity to get top dollar for their homes? Have housing prices peaked? I hear this question often when I speak to sellers about whether they should list their homes now or wait for the market to shift. Over the last couple of months, we’ve seen interest rates climbing to the mid-5% range. At the same time, inventory levels have started to rise, buyer demand has dropped off, and inflation has become more of a problem. Despite all this, **I don’t think sellers ...
Palm Springs 2022 Market Report
April 15, 2022 00:00 VideoYour spring Palm Springs 2022 real estate market update. Today I’m bringing you our Palm Springs spring market update. Prices continue to surge as record-high sales and record-low inventory keep pushing prices higher in every city in Palm Springs. At the end of March, the median price of a detached home was $660,000, which represents a year-over-year gain of 20.2%; last year at this time, it was $616,000. We expect prices to continue to rise over the next two months, and then seasonal fact...
How Do Ukraine and Inflation Affect Our Market?
March 31, 2022 00:00 VideoHere’s how the war in Ukraine and inflation are affecting our market. If you’ve watched the news recently, you know that everyone is talking about the war in Ukraine and inflation. How are these factors affecting our real estate market? Let’s talk about it. First, I want to mention that I am praying regularly for the people of Ukraine, and I hope this war ends as soon as possible. However, the effect this conflict has on our market isn’t entirely negative. When times are difficult, inves...
How Are Ukraine and Inflation Affecting Our Market?
March 31, 2022 00:00 VideoHere’s how the war in Ukraine and inflation are affecting our market. If you’ve watched the news recently, you know that everyone is talking about the war in Ukraine and inflation. How are these factors affecting our real estate market? First, I want to mention that I am praying regularly for the people of Ukraine, and I hope this war ends as soon as possible. However, the effect this conflict has on our real estate market isn’t entirely negative. When times are difficult, investors tend ...
Pocket Listings and Why They Are Bad for Sellers
March 03, 2022 00:00 VideoHere’s why I tend to discourage sellers from listing homes as pocket listings. In our competitive market, buyers and investors are looking for pocket listings because they think they’ll get a better deal on those properties. I get at least two or three calls a week from investors both in and out of the area looking for pocket listings. However, today I want to talk about why pocket listings are a bad idea. First, what is a pocket listing? It’s a listing that an agent takes but doesn’t exp...
Don’t Sell Your Home as a Pocket Listing
March 03, 2022 00:00 VideoHere’s why I tend to discourage sellers from listing homes as pocket listings. In our competitive market, buyers and investors are looking for pocket listings because they think they’ll get a better deal on those properties. I get at least two or three calls a week from investors both in and out of the area looking for pocket listings. However, today I want to talk about why pocket listings are a bad idea. First, what is a pocket listing? It’s a listing that an agent takes but doesn’t exp...
3 Ways to Win in a Competitive Home-Buying Market
February 18, 2022 00:00 VideoHere are three things that are giving our buyers a competitive advantage. Even though we’re in a strong seller’s market here in Palm Springs, there are still ways that you can win as a buyer. Buyers are having to compete for homes like never before these days, but here are three tips that we’re sharing with our clients to help them get their offers accepted over the others: 1. Move quickly. You should already have a process in place to evaluate homes before looking at them in person. Firs...
The Biggest Constraints on Our Market
January 21, 2022 00:00 VideoHere are the biggest constraints on our real estate market these days. What’s the biggest constraint in our current real estate market? Calculated Risk founder Bill McBride recently said, “It is possible that the rising mortgage rates will slow the housing market, … or the Fed might raise rates sooner than expected due to the recent pickup in inflation, … but I believe one thing is certain: Inventory will tell the tale!” There’s quite a bit of speculation in the market right now. So today ...
Happy Holidays!
December 10, 2021 00:00 VideoFrom our team to your family, we want to wish you a happy holiday season. Happy holidays to you! The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories. We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us and supporting our business. This may be a busy time of year, but we are always here to help you and answe...
Is It Better To Buy Now or Wait?
November 16, 2021 00:00 VideoDoes it make more sense to buy now or wait? Are you a buyer who is frustrated by our current real estate market? We’re seeing three distinctive trends in today’s market: 1. Sellers who are very happy selling their homes quickly and for top dollar. 2. Sellers who want to sell but are apprehensive because they haven’t identified a replacement property. 3. Buyers who’ve decided to sit on the sidelines because they’d rather work in cooler market conditions. If you’re a buyer, does sitting ...
Wishing You a Happy Thanksgiving
November 15, 2021 00:00 VideoWe’d like to express our gratitude to all of you this Thanksgiving. Friends, The 2021 holiday season has officially begun! We hope you are as excited as we are. We’d like to take a moment to express our gratitude to all of you this Thanksgiving. We have met some truly wonderful people, and we’re proud to have helped so many reach their real estate goals over the years. We wouldn’t be where we are today without all of your support. Enjoy your Thanksgiving dinner—that’s what we plan to d...
How is our Palm Springs Area Market Doing?
October 18, 2021 00:00 VideoHere are your fall numbers for our Coachella Valley real estate market. Today we wanted to give you a fall update for our local Coachella Valley real estate market. Record-low inventory and record-high prices are the two conditions causing every Valley city to experience record-high prices. There are a lot more detail to dig into around why and what this means for both buyers and sellers. You can watch the full message above or skip to topics that interest you using the timestamps provide...