The Return of Real Estate

Indicators signal steady gains in home prices

Vic McDonald Real Estate 0 Comments

Housing statistics show the median price per square foot for all houses in the Coachella Valley increased $5 to $126 in November 2012. Gains maintained through the slow season indicate that prices will likely advance again early this year.

REAL ESTATE — Bottoms Up!

As inventory declines, housing prices rise from last September’s low point.

Vic McDonald Market Watch, Real Estate 0 Comments

From statistics, we know the bottom for home prices throughout the Coachella Valley generally occurred in September 2011. Because of this, home prices as of Oct. 1 are ideal to show the year-over-year percentage change.

Market Watch – Bouncing Back

Low rates and home prices boost the affordability index

Vic McDonald Market Watch, Real Estate 0 Comments

It’s always good to look at the long-term picture after any housing or financial crisis. The charts below show the median price of homes throughout Riverside County from 1982 to the present and the Riverside County affordability index.