This Week In Palm Springs

It has been a busy and quite beautiful week in Palm Springs with temps in the high 70's and low 80's. At last our Desert weather has returned and I for one could not be happier.

The Riverside County Fair continues through Sunday as does the Palm Springs Modernism week with events, films, home tours and shows ongoing. I heard there is also a car show at the Tennis Gardens in Indian Wells but I don't have any information about that. Several of the Casinos have live shows you could catch and with this weather don't forget the Indian Canyons and the many other trails in the Palm Springs area for a nice hike.

Market Stats are in for January and I will have a post about that as soon as tomorrow. I can already tell you that for the month of February activity is very high. I am seeing many properties go into escrow and the phone keeps ringing.

We are starting to be told that the big banks are going to be rolling out major changes in how they handle short sales in the middle of March. The main expectation is that they will move much faster. I'll keep you posted on that as well. 2010 is suppose to be the year of the short sale and from what I can see I would agree. If they made the process move a little faster that would certainly help.

For more about short sales see the short sale page on my website.