Find a Home

CondosHomesLuxury

ForeclosureShort SalesSenior Living

Visit My Blogs

Palm Springs HomesShort Sale InformationReal Estate Careers

 

Market Update 5-14-12

 

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.  

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. 

 Here's how to win in multi-offer situations:

http://palmspringsrealestateinfo.blogspot.com/

DaveW@KW.com
www.YourDesertHomes.com 

 

 

 

Featured picture for the property 21454271
$399,000
3 beds/3 baths
Listing courtesy of Bill Clawson DRE:01318944
Coldwell Banker Residential Brokerage
CARETS
Featured picture for the property 21454034
$350,000
2 beds/2 baths
Listing courtesy of Kimberly Rogers DRE:01355527
Windermere Real Estate
CARETS
Featured picture for the property 21454213
Foreclosure
$274,900
4 beds/3 baths
Listing courtesy of Chris Workmon DRE:01317218
Windermere Real Estate
CARETS
Featured picture for the property 21454282
Foreclosure
$122,900
5 beds/3 baths
Listing courtesy of Dee Dee Guzman DRE:01392230
Keller Williams Realty
CARETS
Featured picture for the property 12156955
$259,000
3 beds/3 baths
Listing courtesy of Paul Kurdian DRE:01878788
Lucent Real Estate Inc.
CARETS
Featured picture for the property 12577857
Short Sale
$95,000
3 beds/2 baths
Listing courtesy of Deganit Pessar DRE:01522651
Division One Invst. & Loan
CARETS
Featured picture for the property 12592449
$350,000
3 beds/2 baths
Listing courtesy of Richard Webber DRE:01297015
Homeworks Real Estate, Inc.
CARETS
Featured picture for the property 21325607
$299,000
2 beds/3 baths
Listing courtesy of Tom Triscari DRE:01342987
Coldwell Banker Residential Brokerage
CARETS
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). Last updated May 19, 2012 2:21:pm.