Some statistics for the Coachella Valley compiled from the local Desert multiple service. Even though the doom and gloom for most of California still resonates through out the local and national media. when you take a look at the numbers for our area it really isn't as bad as all that.
Its a good time to buy and there are alot of good mortgage programs out there, just ask.
REO "Bank Owned" Stats for February- Palm Springs/Cathedral City had 137 total sold, 5 REO or 3.6%. Desert Hot Springs- 42 total sold, 8 REO or 19%. Palm Desert/Rancho Mirage/Indian Wells/LaQuinta had 268 sold, 7 REO or 2.6%.
Riverside County had 1775 sold, 210 REO or 11.8%. Moreno Valley highest@ 22.7%
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