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04 April 2009
Where are we on the Case-Shiller Index?
Standard and Poors Case-Shiller Index of home prices shows the housing bubble inflation and deflation. We don't have an CS Index for this area, but I suspect a match could be Phoenix AZ, which is also a holiday and retirement area. I've overlayed Read More...
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Attachment(s):csmed.jpg
29 March 2009
Breaking Out REO Sales in Coachella Valley Area
Here is a breakdown of the number of sales of REO and non-REO in the Desert Area MLS. Note the vertical axis represents both number of sales and median price in accordance with the legend. The high number of REO sales and their low price dominates that Read More...
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Attachment(s):bottom.jpg
27 March 2009
Things are looking up?
Mortgage rates at a record low, new home buyer incentives and mortgage default assistance packages, and a recovering stock market . These are confidence builders. There are negative influences too that need to be considered. Take increasing unemployment Read More...
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