WHAT'S NEW!
Home Prices & Mortgage Rates
15 Yr. Fixed 4.40% Points 0.7%
1 Year adjustable 4.15% Points 0.6%
Source: California Assoc. of Realtors
Regional Sales & Price Activity
Median prices rose 8.4% and sales increased 1.7% compared to the same time a year ago for California statewide. Locally, prices rose marginally by 1.5% & sales surged by 30.3% from a year ago. The inventory rose slightly by just over 200 properties.
The Desert is faring better than the country as a whole for a couple of reasons:
>It is our season. For most of the country Summer is the big selling season-for this valley winter is our season. There are 3 places in this country where the weather is your friend: South Florida, Honolulu and the California Desert.
>Inside California the Desert has the lowest median price except for California's high desert-Lancaster-Newhall area.
>The median price of a single family home in the Desert is less than the median price of a condo in California as a whole.
>The market is not in full recovery but is moving in a positive direction.
>January, February and March will give us a much better indication of "seasonal strength" and if we will have a trend to take into Spring.
February 2010
Source (CDAR)
The Desert is faring better than the country as a whole for a couple of reasons:
>It is our season. For most of the country Summer is the big selling season-for this valley winter is our season. There are 3 places in this country where the weather is your friend: South Florida, Honolulu and the California Desert.
>Inside California the Desert has the lowest median price except for California's high desert-Lancaster-Newhall area.
>The median price of a single family home in the Desert is less than the median price of a condo in California as a whole.
>The market is not in full recovery but is moving in a positive direction.
>January, February and March will give us a much better indication of "seasonal strength" and if we will have a trend to take into Spring.
February 2010
Source (CDAR)
Call Us About Privileges At Ironwood Country Club!
Ford Properties Rental Division is now offering our guests Golf, Tennis, Fitness and Dining Privileges at Ironwood Country Club. Call for details. 760-346-9750.
Visit Us At Our New Location
Stop by and visit us at our new location 73-141 Fred Waring Drive, Palm Desert. We are directly across from The McCallum Theatre. We are available to help you with all your Sales and Rentals needs.
SPECIAL IRONWOOD MEMBERSHIP PRICING
CALL IRONWOOD COUNTRY CLUB MEMBERSHIP DIRECTOR GENE MOLENKAMP (760-766-1095) ABOUT SPECIAL MEMBERSHIP PRICES TO APRIL 2010.
IRONWOOD WEEKEND OPEN HOUSES
We have many properties open every weekend. Stop by our Ironwood On Site Sales Office for maps and directions.