In the tony Thunderbird Heights neighborhood of Rancho Mirage — which has counted Gerald Ford, Anne Rice, and Michael S. Smith among its residents — sits a decidedly down-to-earth classic 1960s ranch house.
The Pattern in valley housing over the last two years has been strong price increases fueled not by a powerful wave of home buyers but by a severe lack of home sellers. However, this pattern might finally be changing.
California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month, according to the California Association of Realtors.
Even after five years of the strongest government stimulation in American history, real wages are still down 10 percent, and the broadest measure of unemployment is 12.7 percent, just 4 percent less than its all-time high.
Each month, a first place winner will be selected to win a fabulous Palm Springs weekend!And, each month, three additional runners up will be selected to win a wonderful Palm Springs area Dining certificate!