Market Updates

July 29, 2015

Desert Home Prices Still 30% Below Peak

Nationwide, prices for existing homes hit their pre-recession levels again in June — but in California and in the desert, prices are still well below those 2007 peaks.

Local agents say that rather than pointing to a weak housing market, those numbers show that California real estate is returning to …

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Posted in Market Updates
July 25, 2015

Opposite Housing Market Stories At Opposite Eds of Coachella Valley

The housing market in Palm Springs surges while La Quinta lags with high inventory...read more below...

http://www.palmspringslife.com/Palm-Springs-Life/July-2015/A-Tale-of-Two-Cities/#

Posted in Market Updates
July 19, 2015

June 2015 Coachella Valley Real Estate Market Statistics

The California Desert Association Of Realtors (CDAR) recently released their June 2015 Coachella Valley Real Estate Market Statistics.

In summary, for June 2015, the median price for existing single residences in the Coachella Valley was $330,000, up from $312,250 in June 2014. For June 2015, there were 597 …

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Posted in Market Updates
Nov. 2, 2012

Shadow Housing Inventory?

Foreclosure Sign Post

Breaking news....Some "Shadow House Inventory" to be rented instead of sold.*. 

The first winning bidder in Federal Housing Finance Agency’s REO pilot initiative in Florida is reported to be Pacifica Companies.

Sources have reported that the winning bidder for the Fannie Mae REOs in Arizona, California and Nevada is American …

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Posted in Market Updates