Inventory increased, sales declined and new listings increased in all types of property this month. I expected this because of all the bad news in the credit markets, government bailouts, declining stock market.
Inventory increased by 600 properties; however sales increased by 54%!!!!
Total available properties decreased again this month 9 percent when compared with July.
Total available properties decreased again!!!
The trend has continued to improve, not by a huge amount but this is the summer months, the temperature is well over 100 degrees and property sales are only slightly less than May of this year.
Good News Again!!! May continued the trend that started in March of 2008.
Since March is traditionally the strongest month in the desert area, it’s a good sign that April continued to reflect strength and improvement.
Single family homes fared very well in March.
February was far more positive than January.
Unfortunately, the statistics for January are not good. Inventory increased in all categories.
While these statistics for December are not great, we have had two months of improvement.
Inventory increased, sales declined and new listings increased in all types of property this month. I expected this because of all the bad news in the credit markets, government bailouts, declining stock market.
Inventory increased by 600 properties; however sales increased by 54%!!!!
Total available properties decreased again this month 9 percent when compared with July.
Total available properties decreased again!!!
The trend has continued to improve, not by a huge amount but this is the summer months, the temperature is well over 100 degrees and property sales are only slightly less than May of this year.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com