According to a recent news release by
the California Desert Association of REALTORS(r), "The Coachella
Valley's real estate market forecast for 2013 is upbeat despite the
dwindling inventory of available homes for sale in many valley cities."
The news release continued,
" 'There is no question in my mind that if we get more people engaged
in listing their homes, we're going to see a higher increase in sales in
2013,' Appleton-Young told the audience."
Pat Veling, owner of
Real Data Strategie, noted that this year's real estate market is
180-degree turnaround from last year in terms of housing inventory and
prices. He said inventory will rise as home values rise, especially among those who are "underwater" in their mortgages.
This mirrors the same sentiment of an article by a post today by "Keeping Current Matters" regarding reasons to sell your home. In their article,
they also report inventory is key to the housing market moving forward
and say sellers do have an advantage right now since the demand is high
and inventory is low -- and homes prices are going up.
great time to list your home in the Desert area. But time is getting
tight - though homes are sold during the summer months, there are more
prospects around now and until it starts getting hot.
If you're wondering if you should list now, call 760-767-7282 and I'll go over all the possibilities your home may have.