Palm Springs Area Real Estate

According to the California Association of Realtors , Median home prices in the Palm Springs Area up by 31.2% from its worst & lowest period in April 2009, when the median home price reached as low as $150,140. As of April 30, 2010 , the Desert Area MLS median home prices jumped to $197,040 from it's $150,140 low within a 12 month period. The Palm Springs Area comes in as number 4 among 13 California regions, and preceded by San Francisco Bay Area, Santa Clara and the Monterey Region, but these 3 regions took 14 months Vs. the 12 months for the Desert Cities to attain their positions. Los Angeles came in as number 11. More real estate good news came from Lenders Processing Services' Data Report as of April 30, 2010 which states that "Delinquent and Foreclosure inventories are starting to stabilize". You can download the full report here. There are still some good real estate buys to be had in the Palm Springs Area: Palm Springs Condos $ 50,000 - $10...

Some California homeowners who have fallen on some hard times yet are still trying to do the right thing and opt for loan modification instead of walking out and having their homes foreclosed , are finding themselves victims to yet another loan modification scam. This time by attorneys . The  State Bar of California grew very concerned at the number of lawyers participating in loan modification scams that they felt they needed to publicize the names of 16  such attorneys who are being investigated http://calbar.ca.gov/state/calbar/calbar_generic.jsp?cid=10144&n=96395  Some advice to homeowners seeking loan modification 1- Beware of telemarketers selling loan modification . 2- Before you contact any company for loan modification , check them out. Call the Better Business Bureau. If it's an attorney contact the Bar association . 3- Contact the government agencies  http://hud.gov and get a list of reputable companies 4- Contact your real estate agent who...