The Coachella Valley- Palm Springs area - will need construction to pick up before any serious recovery takes place. Here are the basics on home building over the last 2 decades in Coachella Valley, California.
Year Units
1990 4,063
1991 3,118
1992 3,514
1993 3,128
1994 3,709
1995 3,250
1996 3,194
1997 3,358
1998 4,477
1999 4,601
2000 5,009
2001 4,434
2002 3,427
2003 5,630
2004 7,808
2005 7,072
2006 5,483
2007 1,737
2008 685
2009 598
2010 409 ( 1st 6 mos.)
With building down more than 90% , there is a long way to go for a better housing market in our area.
LORI BOWERS
http://www.desertareahousingmarket.com
The Lori Bowers Group
A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs
La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.
78065 Main St., Suite 107
Old Town La Quinta
La Quinta, CA 92253
Phone: (760)777-8788 • Fax: (760)771-5355
Wow - its very interesting to see the numbers on paper. It helps put it in perspective where we were to where we are now. Thanks for the post.