The median price per square foot for the Coachella Valley remains unchanged, but the year-over-year change in city prices is still rather positive.
The Comeback KIDS
How the desert cities are recovering from the fall
The Coachella Valley housing market as measured by price has nearly recovered from crash levels.
A Tale of Two Cities
The housing market in Palm Springs surges while La Quinta lags with high inventory
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
A Cycle of Falling Prices
The world’s deflationary outlook could hold down U.S. interest rates
For the last six months, the financial community has been speculating about when the Federal Reserve will start raising interest rates.
Fannie Mae and Freddie Mac must clarify liability regulations so that banks will ease stiff credit requirements and begin lending again
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.