Palm Springs Keller Williams Agents Meet & Discuss Local Market

By
Real Estate Agent with Keller Williams Realty

Keeping you informed ...


Our local Keller Williams offices gathered together this morning at the Board of Relators in Palm Desert for our monthly sales meeting. Heath Hilgenberg reviewed market activity here in the desert. While Keller Williams was #1 in sales and volume again in June, the really important part of his message was the vibrancy of our local market.

If you missed my blog report of last week, the highlights are worth repeating:

1. We have had four consecutive month of increased sales activity.

2. Inventory is the lowest it has been since December, 2007.

3. Last month, the prices of homes showed their first increase since December, 2007.


The bottom line is prices have bottomed out and may be poised to begin increasing.
We are returning to a more "normal" market here, which is good news for all.


Sidenotes:


Our preferred lender, Franklin Loan Center discussed the latest news in financing. Obtaining credit to purchase a home can be challenging. If you have any questions or concerns, please contact me for assistance.

Two local appraisers addressed our group and spoke of their challenges reporting to banks and explained how we can help them and our clients with improving accuracy in appraisals.

Comments (1)

TIM MONCRIEF
Tim Monciref - Austin, TX
Over 2,000 homes sold…..

Love to hear the news from the west and it all filters across the country.  We have not seen such luck in Texas......yet.

Jul 14, 2009 10:18 AM