I'm happy to report that the total number of Short Sales here in the desert have dropped dramatically since last year. I just took a new Short Sale Listing today, and closed one last month, but as one of the deserts' most prolific Short Sale Agents, I can report that equity Sales are beating the pants off the Shorts! And I'm happy about that!
The Palm Springs Valley is a resort location, and we were awash in new homes in 2004-2006. New Homes are just beginning to be built again, abandoned projects finished and the remaining underwater properties dealt with. Balance has returned for the most part and it's a beautiful thing!
However, if you find yourself underwater here in our dry desert, don't hesitate to give me a call..it's familiar territory for me, and I'm happy to help.
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