Good Monday Morning,

With  the hope that the bottom of the market may be reached sometime soon - Real Estate professionals at the sixth annual Commercial Real Estate Investors Forum on Friday talked about making concessions to weather the current storm, finding opportunities and bargains where possible, and being prepared for the eventual market turnaround.

200,000 new residents are still projected for the Coachella Valley by 2015, and they'll need goods and services.

You can view all homes listed for sale in the Palm Springs area by visiting: http://www.FindMyDesertHome.com

If you are planning to sell your home in the next few months got to http://www.DesertCMA.com to get an approximate value of your home e-mailed to you.

Mortgage Market update!

Rates are down again this week as the market continues to take direction from the stock market.

 

Here are the new rates for this week!

 

NATIONAL OVERNIGHT AVERAGES

 

TODAY

 

LAST

WEEK

30 yr fixed mtg

5.69%

 

5.77%

 15 yr fixed mtg

5.28%

 

5.35%

5/1 ARM

5.09%

 

5.39%

30 yr fixed jumbo mtg

6.97%

 

7.07%

5/1 jumbo ARM

6.17%

 

6.27%

 

 

 

 

 

 

Weekly Weather Forecast

Today               89°F / 61°F

 


AND HERE'S YOUR MONDAY MORNING COFFEE!!

 

 

Have An Awesome Week!

Rob Zwemmer