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March 15, 2007
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March 09, 2007
There are 515 acres in the downtown area and the city hopes to renovate the Village.
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March 10, 2007
While commercial vacancy rates in the area are between 20 - 30%, the rates for residential properties between 5% and 7%.
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April 28, 2007
Only 2% of available multi-family properties in the Palm Springs area went into escrow in March of 2007. For every property placed in escrow, 7.4 new Listings came on the market in March 2007.
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May 04, 2007
Inventory continues to increase, thus further shifting to a buyers market. For every multi-family property going into escrow in March, 7.4 new properties came on the market.
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September 04, 2007
Inventory decreased very slightly in both single family homes and condos, while multi-family added seven properties to total available.
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August 13, 2007
The multi-family market will continue to do poorly until sellers/brokers realize that a property has to be priced to reflect the current market.
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July 07, 2007
Inventory decreased in all categories at around 10% from May 2007.
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April 02, 2007
All categories had slightly increased inventory this month, further enhancing a buyer's market.
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June 01, 2007
Recently an accurately priced apartment building came on the market with solid financial information. It sold in 35 days with multiple offers.
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December 02, 2007
The statistics for multi-family reflect a HUGE improvement, however the actual numbers are so small a few sales change the percentages dramatically.
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November 03, 2007
New listings continued to increase, however were offset by an increase in pendings. While all of the desert remains slow, again I repeat the Multi-Family Market is the one with the most problems.
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October 10, 2007
New listings increased 79% from August to September for Single Family Homes and 43% for condos!!!
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March 22, 2007
If your property is on the market and you do not receive an offer in 90 days, something is wrong.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. Contact me to discuss how to change your portfolio's cash flow, save for retirement, get out of the stock market, and live
your life rather than worrying about your investments.
Jeannie Niles -- DRE No.00594402
(760) 360-4020
jniles@realestate-investment.com
