By: R. Sebastian Gibson, Attorney At Law

It is January 21, 2008, and not only is the word ARecession@ being used more and more frequently by analysts, we are now starting to also hear the word ADepression@ as a possible outcome of this economic crisis facing the United States and possibly the rest of the world.

As this article is being written, the stock markets around the world have started to fall more precipitously with most of the markets in Europe, Asia, China, Latin America and Canada falling from 5% to 8% overnight. U.S. markets are expected to fall over 500 points when the U.S. markets open again for business on the Tuesday following the Martin Luther King holiday. (more…)

By Sebastian Gibson

There is a common misconception that if you don’t use a Realtor or a real estate agent to buy or sell property California, you can save money. This could not be further from the truth. (more…)

It has been a matter of great discussion now for the last year not
whether there was a bubble in the California real estate
housing market (there was), but whether it has really burst yet,
whether it only partially burst, whether that little pffft you heard
was the bubble actually popping, or whether it is yet to pop, or is now
set to re-inflate yet again. (more…)

By Sebastian Gibson

It is now the end of June 2007, summer is in full swing, and the
California Desert Area real estate market is like a sailboat stuck on
a calm ocean with absolutely no wind. The sail boat is going nowhere
and the longer it sits there, the worse it might become as the passengers
run out of food and water. On the other hand, if the wind picks
up, you might be tempted to say that everything will be fine once again. (more…)

By Sebastian Gibson

The figures relating to declining home sales in the Coachella Valley as
summer begins and temperatures rise do not look good. But as with
all things, even poor figures in a strong housing market make for
headlines, but have little affect on reality. (more…)

By Sebastian Gibson
There is no better place to start than the MLS Desert Area for the
person looking to buy home or land. And on web sites such as
www.SebastianGibsonProperties.com, the Palm Springs MLS is
available for free to be used by prospective buyers or sellers.
With the MLS a buyer or seller of property in the area covered by a
multiple listing service can search for homes, land, commercial
property, property to lease or even investment property such as
apartment houses and duplexes. Searches can be performed
specifically for the type of property by the number of bedrooms or
baths, the square footage, the price range, and by other factors. (more…)