Updated 2024 Cost of Living - Palm Desert

[@PalmSpringsDogTraining]

What park was this filmed at?

[@DanielDbroo]

Thank you for the update!

[@BrandyValentineRealEstate]

You bet!

[@aaliya-mariegardenhire-law1301]

Thanks Brandy

[@BrandyValentineRealEstate]

You’re welcome ☺️

[@handsome526]

A pigeon Carrier 😂😂 would a Jedi mind trick work ❓

[@BrandyValentineRealEstate]

Perhaps! 😂

[@handsome526]

@@BrandyValentineRealEstate good morning ✌️

[@MichaelReibke]

Great content, Brandy!

[@BrandyValentineRealEstate]

Thank you!

[@jpang004]

Great video! I just bought a condo out here in Palm Desert! I can totally attest with the 24/7 AC!

[@jesseh.6105]

Thank you for the detailed update on the cost of living in Palm Desert. Searching around and seeing several locations for Eisenhower Medical Center. Which one is your favorite? Would you recommend it as the best for seniors on Medicare? Thank you.

[@BrandyValentineRealEstate]

I would!

[@sasstewart1222]

for an FYI, my 2bd, 2bath house, 1200sft cost $550/month for electricity in the summer (june-oct) no solar

[@BrandyValentineRealEstate]

Thank you for this! 🙏

[@etjulien]

122!!! 🥵 Hope you are staying cool, Brandy. Enjoy an ice cold root beer.

[@cherylh.6625]

On September 18th the Federal Reserve is officially moving to a declining interest rate environment. (Week ending 8/23) Average rate 30yr Fixed 6.44% Conforming Loan 20% Down Weekly mortgage demand stalls, even though rates drop to lowest since April 2023 kzbin.info/www/bejne/q3Wchn2EodWIZ5Y

[@BrandyValentineRealEstate]

It’s about time!!

[@cherylh.6625]

Mortgage rates slipped to their lowest point in two years. The average rate on the standard 30-year fixed mortgage edged lower by one basis point to 6.08%, according to a survey of lenders released Thursday by mortgage financial giant Freddie Mac. That was the lowest level since Septrmber 2022. WSJ - September 2024

[@michaelsd284]

As should be obvious by now the Fed Rate has little direct influence over the mortgage lending rates. Keep your eye on the 10-year Treasury rates as this has much more direct influence. Expect the housing market to remain flat or in slow decline for the next 12 months. Affordability is the main drag and the cure is reduced home prices and not interest rates. Remember associated costs like property tax, home insurance, etc are all based on home prices and not what interest rate you have.