I chart various statistics and what is happening in the current real estate market…and the market is improving. I think once the positive news starts hitting the mainstream media, the improvement in the market will accelerate.
Indian Creek Villas is a 300+ condominium project in South Palm Desert…one mile from the shopping area of El Paseo….”the Desert’s Rodeo Drive”….
Indian Creek is a basic, no frills, bottom line project that is very well maintained by the Homeowner Association and enjoys home owners, second homes and investors that rent their properties to quality tenants.
In 2005, a unit could be purchased for $210,000. In October 2007, a unit sold for $155,000. In early February 2008, we started seeing properties selling in the 115,000 range very quickly with multiple offers.
This trend has continued with the number of sales increasing in the development. These are great investments that are very solid. Rental income will be $850 to $925.00 per month.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. 
