The California Desert Association of Realtors has released some very interesting stats that support what we have been saying about the Palm Springs real estate market rebounding. It will particularly surprise many that conventional sales are outpacing distress sales (Short Sales and Foreclosures).
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We were just talking about the new HAFA Program (Home Affordable Foreclosure Alternatives Program) that attempts to bring some structure to the short sale process in order to accelerate it and make it more “equitable”. Adding to the benefits comes Senate Bill 401 signed into law on April 12, 2010. For those of us who have experienced the frustrations of trying to work with Lenders on our clients’ short sales, help has arrived! The Home Affordable Foreclosure Alternatives (HAFA) Program provides options to avoid foreclosures. Want the real estate tips and advantages that celebrities enjoy? There’s a reason that the Entertainment Industry prefers us for Palm Springs area real estate. Whether or not you’re a member of the music, televison or motion picture business, we are here to advise you on the best opportunities in this unusal economic climate. |
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