Mr Mod PS

Mr Mod PS

Sunday, March 16, 2014

HOLLYWOOD IN PALM SPRINGS EDITION: Are the "Who's Who" of Hollywood Fueling Home Prices??

The Hollywood Reporter devoted a section on Palm Springs in their March 14 Magazine Edition. In the various pieces, Hollywood Heavy Hitters were asked to weigh in on Palm Springs living.
One piece that jumped out (of course) is a view of the Palm Springs Real Estate Market; and because it's the Hollywood Reporter, there's a lot of name checking and bold faced names of who live/have homes here; in addition, the article discusses the price surge in mid-century homes, with an angle on Hollywood's "elite" pushing the prices up.
Are mid-century homes selling? Absolutely - for instance, just last week, we had a listing for $1.2M that sold within 6 days of being on the market.

Are there still bargains to be had? Yes. Are they becoming fewer and farther between? Yes.

Is it the Hollywood Elite pushing prices up? I think the better question is:  Have we seen a younger set of Hollywood/Start Up/Creatives from LA, SF, Seattle, London + NYC recently?
Oh, YES. Absolutely.

Listen, the Hollywood Stars and the power players have been coming here since the 1920's. That is not going to change any time soon. They in turn attract others, and so on and so forth.

The Reporter also did a nice profile on Suzanne Somers 73 acre compound which, by the way, is A REAL honest to God compound complete with hiking trails, and trolley.  Major bonus points for the Albert Frey designed guest house! If you have some extra cash laying about, I suggest you look into it.

On the opposite end of the Real Estate spectrum, the Reporter looked at the Who's Who of Hollywood who live in Big Horn Golf Club.
Big Horn photo courtesy of BigHornGolf.com
Big Horn is everything mid-century is not. (Love your movies, Mr Weintraub!)

The magazine looked at new restaurants in the area cloaked under the guise of where to eat during Coachella.
Seriously? Have they ever been to Coachella? Dining out is truly the last thing on your mind. Between seeing the bands, the parties and travel time, who has time to eat? Don't get me wrong - keep the list, because it's a great one. Just an ambitious goal on the weekends of Coachella.

Speaking of dining out and drinking, The Reporter did a piece on the Hollywood regulars and where they like to eat and what to do - a nicely compiled list, though it can't compete with my list of Palm Springs old school eating and drinking spots that I did in my Welcome Wagon Letter to Leonardo DiCaprio. :) The Hollywood Reporter's list is great - keep it bookmarked, along with mine.

The article gave a nice shout out to Wil Stiles Shop which I love  and in a different piece  they talk about the the Grand Dame of Palm Springs Style,Trina Turk.
Photo of Trina Turk Courtesy of LA Times
Trina has been the unofficial ambassador of Palm Springs for over 20 years. Her original shops on Palm Canyon Drive are the epitome of Palm Springs Style. She has Mr Turk for the Men, Trina Turk for home and of course Trina Turk for women. You can never go wrong with Trina. Never.

Another shop is Deja Vu Vintage Finery  a must stop for vintage clothes at reasonable prices.  (Trina mentioned this shop as one of her favorites in her Reporter interview during Film Fest)
Photo Courtesy of Deja Vu Finery
Speaking of Style, some of my favorite Home Decor shops they missed (understandably so; otherwise, the article would be pages + pages long.)   


Modern Way in Palm Springs. Courtney will steer you right. And if he doesn't have the piece you desire, he will know how to get it. 

Hedge In Cathedral City for mid century furniture + home accoutrement. They have incredible finds, at really reasonable prices. Great fun shop.  

Colin FIsher Studios in Cathedral City has an eclectic mix of modern, abstract, figurative, and traditional paintings + sculptures. Curated beautifully.

And lastly, a nice write up on the latest hotels which have gone up/are going up including Hard Rock Hotel + Arrive Hotel.

The Hollywood Reporter's section on Palm Springs is a well thought out and well researched love letter to our wonderful town. Bravo!

No comments:

Post a Comment