It seems as if I can’t go anywhere these days without hearing or reading somebody’s version of just when the Palm Springs Real Estate market is going to turn. On just one day last week I went from the New York Times to The Los Angeles Times to The Wall Street Journal and in the space of those .. oh .. 60 minutes and a head spin, I had read four (there were two large articles that day in the L.A. paper) supposedly expert opinions having the Riverside County market bottom out and recover anywhere from this October 2007 to the end of 2012 for cryin’ out loud.
I have a close friend from Italy, with an dear old-world Sicilian mother I lovingly call Nona, which is Italian for Grandmother. As much as I love her I usually take her earthy advice with a grain of salt. But there are two pieces of ancient wisdom that I have found to be more than true ever since she impaled them onto me as a youngster.
The first, and I think we can all agree on this, the best advice is, don’t take advice and (more…)