A Tale of Two Cities

The housing market in Palm Springs surges while La Quinta lags with high inventory

Mike Cooper Market Watch 0 Comments

A comparison of the housing markets in two major Coachella Valley cities — Palm Springs and La Quinta — shows a strain needn’t always occur in the housing recovery

Risky Business

Fannie Mae and Freddie Mac must clarify liability regulations so that banks will ease stiff credit requirements and begin lending again

Mike Cooper Market Watch 0 Comments

If the banks don’t start easing up on their tight credit requirements, our general forecast is that housing prices will be essentially unchanged. However, if they do ease up, we think a further price increase of 10 percent is possible.