Hi Desert Real Estate Forum

In recent weeks I have read reports, articles, and studies that suggest the market is rebounding, no wait...the market is at the bottom, hold on...the market will continue to decline...foreclosures are subsiding or are they increasing.  Loan regulations will be loosening up...loan regulations will continue to tighten.  Sorry if I ramble, but it seems everything you read or hear contradicts the last item you heard or read. 

This is how I see it from the trenches, as someone who is out there every day dealing with buyers, sellers, banks, short sales, developers, and retailers.  There is interest in our market fueled by the Marine Corps Base, the Nuwu Casino, and the hope of troop draw downs in Iraq.  While we are not seeing the prices of the late 90's, we are realizing prices much lower than the "boom" period of 2005.  Bottom line is, if you need to sell and have equity in your home, you can receive a fair price if you are patient.  If you are buying, you can find a deal if you are patient as well.  It also helps if you have some money to invest and don't mind a few repairs.