Housing prices may have started to rise on a national level. Here in the Coachella Valley, we are seeing the bottoming out of prices. In recent months the medium price has not changed from $300,000. People are beginning to realize that prices are not going to go much lower so now is the time to buy. Sales are climbing in our area. According the Desert Sun article on August 26th, "The resale single-family segment of the market showed gains for the forth consecutive month. The 538 homes sold is up 36.2 percent from the previous year."
So if you have been sitting on the fence about whether or not you should buy - the time is now. The interest rates are low, there is plenty of inventory on the market and it doesn't look like prices are going much lower.
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