I feel good about our efforts to educate our clients rather than sell them – in much the way that I feel satisfied that my mother has every advantage in her fight to overcome some daunting medical issues because of my quest to absorb all I can to help her.
We’ve seen several articles over the last week or so that point to positive developments in the Palm Springs area housing market. Locally, although median price fell 46.1% (sales rose by 38.2% from a year ago), the median price is up slightly for the month of May ‘09 over April ‘09, confirming the upward trend. The inventory declined from the prior month for the fourth straight, as year over year sales remain brisk. The inventory of homes continues to drop, falling to a 4.2-month supply in May, compared to 8.7 month supply in May 2008.