The DesertSmith Group

47060 Washington St. #5101
La Quinta, CA 92253
Robin's Cell: (760) 501-7989
Randy's Cell: (760) 408-8369
Robin@DesertSmith.com
Randy@DesertSmith.com

 

La Quinta Real Estate – Home Prices Rising

According to this Associated Press article, home prices are rising nationwide at the fastest rate since 2006. La Quinta Real Estate Professionals The Desert Smith Team can help you take advantage of the market changes and help you buy or sell a home.

According to the article:

U.S. home prices rose in August from a year earlier at the fastest pace since February 2006. But the price gains slowed in many cities from July, a sign that the spike in prices over the past year may have peaked.

The Standard & Poor’s/Case-Shiller 20-city home price index rose 12.8 percent over the 12 months ending in August. That’s up from 12.4 percent in July from a year earlier. All 20 cities showed year-over-year gains.

La Quinta Real Estate

What does this mean for you? Depending on whether you’re in the market to buy a home in any of these locales: La Quinta, Palm Springs, Palm Desert, Rancho Mirage, Indian Wells or Indio – or if you’ve been waiting for the right moment to sell your home, there could be different ramifications for your transaction. If you’re buying or selling in the La Quinta Area, experienced La Quinta real estate professionals like The Desert Smith Team can help you make the right moves.