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.