Palm Desert is one of the nicest cities in the Coachella Valley, enjoying the luxury shopping district of El Paseo as well as many city parks and events.
| Foreclosures | NOD's * | Inventory ** Single Family |
Condos | |
|---|---|---|---|---|
| Zip Code 92260 |
95 | 86 | 531 | 535 |
| Zip Code 92211 |
88 | 58 |
The number of foreclosed properties increased substantially while properties “in foreclosure” declined. Inventory for both condos and homes remained almost identical to twelve months ago.
The observations represented are my opinions only, based on experience and working in the desert area for many years.
Foreclosure stats have been obtained from www.foreclosure.com. Inventory stats are from the Desert Area MLS.
* Notice of Default filed.
** Inventory is defined as properties currently listed for sale in the local
multiple listing service. A large number of these properties are
foreclosure properties, also known as Bank REO.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. 
