Is Antioch a good place to invest?

Can you airbnb in Cathedral City?

According to Ordinance 842, short-term rentals must be licensed, with license fees of $1,950 for single-family homes and $525 for home sharing. Hosts must include permit numbers on any advertising. The city will not issue any new short-term rental licenses that are valid beyond January 1, 2023.

Is Desert Hot Springs a good investment?

In July 2022, Desert Hot Springs home prices were up 16.8% compared to last year, selling for a median price of $386K. On average, homes in Desert Hot Springs sell after 35 days on the market compared to 30 days last year. There were 48 homes sold in July this year, down from 63 last year.

Is Cathedral City a good place to live?

Cathedral City is a wonderful place to live! People here are very friendly and diverse, which is reflected in the many different types of restaurants. While, the summer is miserable the weather is mostly mild and during the winter the view of the snow in the surrounding mountains is beautiful.

Is it safe to live in Cathedral City CA?

According to online safety resource website SafeWise, Cathedral City was #41 on the list of most safe cities in California. It’s the only valley city to rank among the 50 most safe spots in the Golden State.

Is it good to invest in Palm Springs?

Is Palm Springs a good investment? Palm Springs also is a good investment. It’s a unique place that has a lot of character and can be a great vacation destination. Palm Springs is a magnet for people who are looking for a lifestyle change.

Is Palm Springs real estate slowing down?

The current number is 16% below the July pre-pandemic average of 948 units a month. This decline is primarily in detached sales.

Are condos in Palm Springs a good investment?

The short answer? Yes! The Palm Springs Area (the Coachella Valley) can be quite lucrative for those renting residential income-producing properties. There are two types of vacation rentals that investors look for in the Coachella Valley: short-term (under 30 days) and seasonal (over 30 days).

Can I airbnb my house in Palm Desert?

The Palm Desert City Council has voted to extend its ban on vacation rentals in residential neighborhoods to more areas of the city. The ban goes into effect December 31, 2021. The city banned short-term rentals — unless hosts stay on-site during guests’ stays — in neighborhoods zoned R-1 and R-2 in 2017.

Will Palm Springs ban short-term rentals?

March 5, 2022. Five years after adopting strict regulations for short-term vacation rentals in Palm Springs, and nearly four years after voters rejected banning them, city leaders are hoping to explore what’s working and what’s not.

Is Palm Springs allowing short-term rentals?

The city of Palm Springs, with its strong occupancy rate, and investor-friendly permit regulations, continues to be a vacation-rental hotspot.

Are short-term rentals allowed in La Quinta?

Short-term rental regulations

The City of La Quinta (Ordinance 586) allows short-term vacation rentals to operate with a permit and business license. Hosts must post a valid permit number and a copy of the City’s good neighbor brochure with the property, and also provide electronically to guests.

Is Airbnb legal in Indio?

The City of Indio requires that only a Host’s primary residence is rented as a short-term rental. Further, short-term rentals are only allowed in residential single or multi-family zones. Registration is required to host short-term stays in Indio.

Does La Quinta allow STR?

Important Updates for Short-Term Vacation Rentals

The City is no longer issuing new STVR permits unless the property is located within an exempt area.

Can you airbnb in Coachella?

Yes, you can make a pretty penny renting your home on Airbnb during Coachella.

How much does an Airbnb cost for Coachella?

But for the festival weekends, you can expect to spend $1,800 per night. You’ll also need to spend at least four nights to secure this Airbnb during Coachella. This listing, which normally goes for $300 a night, jumps up to $1,800 per night during Coachella.

How much are Airbnb during Coachella?

On home-sharing platform Airbnb, options for the Coachella festival weekend start at $300 a night for a single bed in a shared room and range up to $2,000 for a three-bedroom house. A private home in non-peak season might cost an average of $200 per night, with the luxury homes clocking in at $700 per night.

What is a Coachella House?

A California desert estate built into a mountain, complete with a shark tank and three nautical-inspired pools, has sold for $42 million, a record for the Coachella Valley. Coldwell Banker. 1 of 9. •••••