Search tool for Home Buyers – Search Like an Real Estate Agent

December 3rd, 2013

Now Buyers can create their own searches and save listings that met their home buying needs.  Home Buyers can search, save and even “track” what the market is doing in the neighborhoods they are looking to buy.

Free Tool for Home Buyers, check it out

About the Author
David Burke of Burke & Associates with Keller Williams Realty – La Quinta, CA is a La Quinta resale and new construction specialist. Our team works with buyers and sellers to provide the information and resources needed to gain the advantage in today’s aggressive Real Estate market. David can be reached at 760-250-2570 or visit us at www.iListLaQuinta.com

La Quinta Market Report for November

December 2nd, 2013
La Quinta Market Report – Update for November 2013

Local real estate conditions are changing and your Market Insider provides valuable, up-to-date information about the communities important to you. View critical information about what is happening now, so you can be a “Market Insider”!
Market Area: 92253
Listing Price $864,190
Listing Price Trend + 0.02%
Sold Price $324,640
Sold Price Trend -5.38%
Just a fraction of what’s happening…
click now to view more local market conditions!View Market Insider
Buying or selling a home involves many factors. Stay on top of current community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email for help understanding what this information really means for you.
Featured “Insider Tip”
Article PictureRemodeling Your Bathroom on a Budget

Remodeling a bathroom on a budget requires careful thought and more elbow grease, so to speak, than simply going out and buying whatever you want at the first place you see it. Still, it can be …

Learn more about successfully selling or buying a home and check out a whole library of tips and articles to help you!
As always, thank you for your time and feel free to get in touch if you have any questions.

Yours truly,

David Burke

Burke & Associates
David Burke
Keller Williams Realty
760.601.3000 Office
760.250.2570 Cell
MOBILE APP:http://app.kw.com/KW2HCXHX3ACCESS CODE:KW2HCXHX3
David@LaQuintaRE.com
www.LaQuintaRE.com

Christmas Tree Lighting schedule for La Quinta and surrounding cities

December 2nd, 2013

Looking to start the holiday spirit, be sure to check out of the tree lighting services in La Quinta and  throughout the Coachella valley!

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Christmas tree lightings

What’s Happening in La Quinta

December 2nd, 2013
QUICK LINKS
La Quinta Museum
77885 Avenida Montezuma

Life in La Quinta and Early California
Become familiar with the local history of the Cahuilla Indians, native desert animals, and the first resorts. Experience pioneer life in early California with artifacts, dioramas, and hands on activities!
La Quinta – Then and Now
Join us Thursday, January 23 from 4-6 pm to view our new exhibit. Learn what brought people to La Quinta, how it looked to the first settlers, and what prompted Walter Morgan to build the La Quinta Resort in 1926.
January 23, 2014  through October 31, 2014
La Quinta Library
78275 Calle Tampico

It’s Your Library

The La Quinta Public Library offers FREE programs for the whole family. Weekly story times, monthly book clubs, and special programs are just a few of the activities you can find at the Library.
Pre-Beginning Spanish
Wednesdays @ 5:30pm
January 8 – 29, 2014
 
Join instructor Lulu Vega for an interactive class and learn basic Spanish. There will be a total of four class sessions and due to limited space, registration is required. For more information or to register contact us at 760-771-0395.
La Quinta Fitness Center
77865 Avenue Montezuma

La Quinta residents can join today for only $50 
  • Spa Like setting
  • Wellness System
  • Smart Key Equipment
  • Fitness Assessments
  • Personal Trainers 
Adopt-A-Park
The Adopt-A-Park Program allows residents who want to get involved an opportunity to accomplish something positive, fun, and educational for the community while promoting civic responsibility and community spirit.
For more information contactcommunityservices@la-quinta.org or for an application
January In La Quinta
La Quinta is a little piece of paradise surrounded by the majestic Santa Rosa mountains offering year-round sunshine, scenic hiking and biking trails, spectacular golf, magnificent views, fabulous shopping and dining venues, and so much more.  
Community Activities

Click on the above photo to view our January classes, events, hikes, and much more. Pick-up the December issue of The Gem at the La Quinta Chamber of Commerce or inside City Hall.
Register for classes at  www.la-quinta.org/register
 
Humana Community Events 

Humana Fit, Fun, and Forever Week
La Quinta Senior Center     MAP
78450 Avenida La Fonda
Monday, January 6  – Friday, January 10 beginning at 8am
Join us for a week of fun activities for a healthier you. Come participate in scenic walks around La Quinta’s Civic Center Campus led by local hiking and walking groups. There will be health screenings, fitness demonstrations, information on how to eat better, and enjoy a healthier lifestyle. Free shirts will be given to the first 150 participants.
Wellness Walk
La Quinta Community Park     MAP
77865 Avenida Montezuma
Saturday, January 11, 2014 at 9am – FREE!
Registration begins at 8am
Start the morning off with an active warm-up before a fun walk on the Bear Creek Trail. This 5 3/4 mile (round trip) walk will have 4 rest stops with snacks, drinks, and special prizes for your effort.

Healthy Fun Fair
La Quinta Community Park     MAP
77865 Avenida Montezuma
Saturday, January 11, 2014 from 10am – 2pm – FREE!
 
Join us for a fun day full of healthy activities, live performances, Interactive Kids Fun Zone with inflatables, carnival games, and much more. Local nonprofits and health based agencies will be on-site promoting their programs and services. A great time for the whole family!
 
Humana Day at the Certified Farmers Market
Old Town La Quinta     MAP
78100 Main Street
Sunday, January 12, 2014 from 8am  – 12pm – FREE!
Bring the family out to enjoy top notch freshness at the La Quinta Certified Farmers Market. Local farmers will have their fresh fruits, vegetables, breads, flowers, and more for sale. Check out food demonstrations by some of the hottest chefs in La Quinta.

Pillars of the Community Application

The City of La Quinta is now accepting applications for Pillars of the Community Award. Do you know someone who has lived in La Quinta for at least 3 years and has made a significant contribution to the City?
Please visit the Community Services department inside City Hall for an application.
Deadline to submit an application is Monday, February 24 by 5 pm
Nature Walks and Guided Hikes

Provided by the Stewards of the Fred Wolff Nature Preserve. Join us each month for a unique look at our local environment with special guest leaders and topics.
Nature Walk:

Third Saturday of the month beginning at 8 AM. All Nature Walks begin at the Shade Shelter on the Bear Creek Nature Trail at the corner of Calle Ensenada and Avenida Montezuma in the La Quinta Cove.  MAP
January 11 – Tread Lightly Principles
Guided Hikes around the Coachella Valley with Philip Ferranti:
January 18 – Exploring the Back of the Cove
Join us at 9 AM for a beautiful easy 5 mile hike. Meet at the Cove Oasis Parking Lot. All participants should dress appropriately and bring water.
Disc Golf Tournament

Grab your discs and join us for some high flying disc action at the beautiful Cove Oasis. All ages and experience are welcome to enjoy this fun tournament. There will be a division for everybody. Prizes will be given to the top finishers in each division.
Date:  Saturday, January 18
Time: 10 AM

Cost:   $10 
Location: Cove Oasis    MAP
 
YMCA Football
  

The City of La Quinta has partnered with the YMCA of the Desert to offer another exciting Flag Football League and Y-Rookies football at Colonel Mitchell Paige Middle school. 
Flag Football League:
  • 5 vs 5 Flag Football ages 6-14, $90
  • Practices begin the week of January 6
  • Season: Fridays, January 24 – March 14, 2014
Y-Rookies Football:
  • Age 3-5, $80
  • Season: Fridays, January 24 – March 14, 2014
  • Registration is now open
Please call the Family YMCA of the Desert at (760) 341-9622 for more information or to register.  

The Center
Happy Seniors

Looking for a new exercise class for yourself or a Tae Kwon Do class for the little ones, look no further because the Center has programs for you and your family.
Center Information:
  • Ages 18 and up, Monday – Friday 8 AM – 5 PM
  • All Ages, Monday – Friday 5  – 9 PM
  • Friendly staff prepared to answer questions  
  • LQ Active Newsletter
 
Program information is also available online at 
 
La Quinta Community Services Department
78495 Calle Tampico 
La Quinta, CA 92253 
  

Keller Williams La Quinta Outperforms La Quinta Real Estate Competition

November 26th, 2013

Burke & Associates is very proud of our Keller Williams Realty La Quinta Market Center.  We prove month over month, we exceed our sellers and buyers expectations.

Call us today for your private consultation to buy or sell a home  760-250-2570

La Quinta House Values
La Quinta Real Estate Market
La Quinta Homes For Sale

About the Author
David Burke of Burke & Associates with Keller Williams Realty – La Quinta, CA is a La Quinta resale and new construction specialist. Our team works with buyers and sellers to provide the information and resources needed to gain the advantage in today’s aggressive Real Estate market. David can be reached at 760-250-2570 or visit us at www.iListLaQuinta.com

La Quinta Real Estate – Loan Limits for 2014

November 26th, 2013
Just Announced this morning that the Federal Housing Finance Agency (FHFA) announced it will keep the 2014 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac at $417,000 on one-unit properties in most areas and a cap of $625,500 in high-cost areas
C.A.R. applauds the FHFA for keeping with the law and retaining the existing Fannie Mae and Freddie Mac conforming loan limits.  The FHFA recognizes that home prices have rebounded in California, especially in the high-cost areas, where lowering the loan limits would have reversed the housing recovery.  Retaining the higher loan limits is critical to providing liquidity in today’s housing market and is essential to a full housing recovery.

Earlier this year, the FHFA announced its intention of lowering the loan limits.
  

Since then, C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® (NAR) aggressively fought to prevent a reduction in the loan limits.  C.A.R. and NAR both have long advocated for making higher conforming loan limits permanent, and as a result of our combined efforts, Congress made permanent the maximum conforming loan limits at $625,500.

Without the extension of the higher loan limits, many California borrowers would have a harder time obtaining financing for new home purchases and refinancing homes.

This is very good news for home buyers in the La Quinta market.  Call Burke & Associates today for all your home search needs.

About the Author
David Burke of Burke & Associates with Keller Williams Realty – La Quinta, CA is a La Quinta resale and new construction specialist. Our team works with buyers and sellers to provide the information and resources needed to gain the advantage in today’s aggressive Real Estate market. David can be reached at 760-250-2570 or visit us at www.iListLaQuinta.com

Don’t get left out in the Cold

November 23rd, 2013

About the Author

David Burke of Burke & Associates with Keller Williams Realty – La Quinta, CA is a La Quinta resale and new construction specialist. Our team works with buyers and sellers to provide the information and resources needed to gain the advantage in today’s aggressive Real Estate market. David can be reached at 760-250-2570 or visit us at www.iListLaQuinta.com

Attention California Short Sale Sellers

November 15th, 2013

A short sale in California is generally not subject to federal income tax for mortgage debt forgiveness, according to a recent letter from the Internal Revenue Service (IRS). California Association of Realtors worked closely with Senator Barbara Boxer to obtain this IRS guidance. We are also hopeful that we can promptly obtain similar guidance regarding state income tax for mortgage debt relief income from the California Franchise Tax Board (FTB), which has been awaiting this IRS letter.
calculator
Given that a homeowner in California generally cannot be held personally liable for a short sale deficiency (see below), the IRS stated in its letter that it would consider the mortgage loan as a non-recourse obligation that is not subject to federal debt relief income tax.  The amount of indebtedness, however, must be reported as the amount realized for capital gains purposes. Of course, a principal residence is generally excluded from capital gains tax up to $250,000 for single taxpayers and $500,000 for married couples filing joint returns (under 26 U.S.C. § 121).

California law generally protects a borrower from owing a deficiency after a short sale of a residential property with one-to-four units, including both first and junior trust deeds (Cal. Code of Civ. Proc. section 580e). Exceptions include fraud, waste, cross-collateralized loan, and a borrower that is a corporation, LLC, or limited partnership.

Although short sale sellers of a qualified principal residence are currently protected against federal debt relief income tax under the Mortgage Forgiveness Debt Relief Act of 2007, that federal law is set to expire on December 31, 2013, whereas the tax exemption set forth in the IRS letter has no expiration date. Similar protection to the federal Mortgage Forgiveness Debt Relief Act for state income tax under California law has already expired on December 31, 2012. However, other exemptions from federal and state taxation of debt relief income are available, such as for bankruptcies and insolvencies. As always, short sale sellers should e seek the advice of a tax professional regarding the tax consequences of a short sale.

If you need to short sale your home, call us today, 760-250-2570

Meet Our Team – La Quinta Real Estate Agents

November 15th, 2013

MEET YOUR LA QUINTA REAL ESTATE AGENTS | LA QUINTA, CA | KELLER WILLIAMS REALTY| BURKE & ASSOCIATES

David Burke, Realtor – CEO – Listing Agent

A respected Real Estate Professional with Keller Williams Realty – La Quinta, specializing in New Home Construction developments throughout the Coachella Valley. David is also a top producer for Equity Sales, Short Sales and Foreclosures in the La Quinta Area.David has earned Top Listing Agent with Keller Williams Realty in 2011 and 2012 and is on track for 2013.

David’s background as a CEO of a local company for 13 years and being involved in the construction industry has provided him with the experience and skills that are utilized to benefit our clients. David earned is Real Estate license is 2004 and grew up in the desert.

Laura Lake, Realtor – VP Sales & Marketing- Listing Agent

I am a driven, strategic executive focused on achieving high customer satisfaction levels, effectively negotiating deals and I am here for YOU. 

Laura’s background as an Office and Sales Manager at a large website marketing company and her vast knowledge of computers has earned her a spot as one of top “Techie” Real Estate Agents with Keller Williams Realty – La Quinta.Laura has been a desert resident since 2005 and she brings a wealth of professionalism and experience to Burke and Associates.  She has helped both buyers and sellers close over 250 transactions since 2004 and continues to strive to be known as #1 in customer service to all of our clients.




Bill O’Donnell, Realtor – Buyer Specialist
An experienced Buyer’s Agent, brings integrity, commitment and energy to all his deals. 
Bills love of the desert and working with buyers, whether it be 1st home buyers, investors or new home sales, has earned him a high satisfaction rate with all of his clients.   
“It’s all about the experience for my clients.” says Bill.  “And most important of all, providing what the buyer wants; a positive experience and a home they can enjoy foryears”.

Sell your La Quinta Home with Burke & Associates

November 15th, 2013
Your Local Real Estate Connection

We truly are selling the desert area, with the “Top Listing Agent” 2011 and 2012 award for the desert area!!  We can only accept this great award with credit to our outstanding team members, and our devoted clients.
Get a positive, helpful partner for selling your home:
  • 2011 “Top Listing Agent/ units” for Keller Williams in the desert area
  • 2011 “Top Listing Agent/ volume” for Keller Williams in the desert area
  • 2012 “Top Listing Agent/ Volume”
  • 2012 “ALC Member of the Year”
  • 2011 “ALC Member of the Year”
  • 2011 Agent Leadership Council
  • 2012 Agent Leadership Council
  • 2013 Agent Leadership Council
  • March 2010 Top Listing Agent/ Volume
  • March 2011 Top Listing Agent/ Volume
  • Oct. 2011 Top Listing Agent/ Volume
  • Oct. 2011 Top Listing Agent/ Units
  • Nov. 2011 Top Listing Agent/ Units
  • Nov. 2011 Top Listing Agent/ Volume
  • 2012 Mid Year Top Listing Agent
  • 2010 Silver Sales award
  • Short Sale Mastery Certified
  • REO Mastery Certified
  • Short Sale Certified, Bank Of America
  • Short Sale Certified, Citibank
Reasons to Work with Burke & Associates
1. Utilize our experience as a home builder/renovator and related trade professionals.
2. Using the latest technology with the ability to do a real estate transaction right from the comfort of your own home.
3. Diligent and responsible – constantly upgrading our skills to better serve our clients.
4. Up to date and utilize the latest and best practices on the Web to expose your home to a greater audience of potential buyers
5. Loyal – quality service versus quantity  first and foremost to our team.
6. Strong Negotiators – We treat your home sale as importantly as we do our own homes, looking out for your best interest, not ours.

Value Added Services
  • Advise owners of Market Value 
  • Interactive mapping of your home
  • Attract every possible buyer 
  • Tracking of all inquires made on your home
  • Create Innovative Marketing Plan 
  • Name Brand recognition
  • Massive Internet Marketing 
  • Home staging available