Historically Low Housing Starts in the Coachella Valley

By |2021-04-22T21:16:11-07:00April 22nd, 2021|Categories: Data Digest|Tags: , , , |

In my last blog, I discussed the staggering rise in median home prices in the valley.  COVID stay-at-home restrictions and the desire to move to less congested locales unleashed an unexpected buying spree. But the historically low pace of new housing construction, locally and nationally, underlies the explosive rise in median home prices. This week [...]

Spending Habits That Waste Over $10K a Year

By |2019-06-17T12:23:28-07:00June 17th, 2019|Categories: Economic Development, Jobs, News|Tags: , , , |

I recently overheard a young professional discussing the high cost of living. He asked his colleague how it would ever be possible to save enough money to make a down payment on a house. The young man's spending habits were observed over the course of a few hours. During that time, he consumed a bottle [...]

Housing Price Comparison: Silicon Valley vs. Greater Palm Springs

By |2019-06-18T08:43:31-07:00March 22nd, 2019|Categories: Business Development, News|Tags: , , , , , , , , , |

From time to time I think back to the time right after I graduated from Stanford and wanted badly to buy a home in or around the Stanford campus. I couldn't quite afford a modest tract house in Palo Alto then. Today even though I am a CEO with an decent entrepreneurial exit in the [...]

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