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The Lori Bowers Group

Inventory is decreasing in La Quinta, California

Day by day there are fewer and fewer houses for sale - especially in the price range under $150,000. Just last year there were over 250 homes for sale in La Quinta Cove and now there are about 60.

Even in the higher end homes in the Country Club areas, there are fewer and fewer homes for sale and multiple offers when a 'steal of a deal' appears.

I feel the next event will be the prices are rising. Now is the time to buy. It looks like you will be paying more soon.

Signs the real estate market is improving in La Quinta, Ca.

1. I called on some homes to show at 10 am on Fri. I showed the homes 11 -2 pm and by 3 PM they were in pending in the MLS.

2. My clients who have been on the sidelines for 3 years are aggressively searching for homes.

3. Agents in my office are writing several offers each day for investors.

4. There are more regular listings than short sales and foreclosures coming on the MLS each day.

5. The amount of listings is decreasing and the amount of sales and pendings are increasing.

Now seems to be the time to buy a house in La Quinta, Ca.!

Bank of America lowering loans amounts!

The news is great on this! Bank of America is finally lowering loan amounts to over $100,000. It is way past due to finally help people who owe way more than their home is worth and want to keep their home. I cannot wait to see the details on this program and how long it takes to implement.

In our area Countrywide, formerly Bank of America, is one of the main lenders. I am excited to hopefully see many people I know keep their home at close to the current market value. This will help families and the local economy too.

Let's hope this is implemented soon and we see the results soon too.

How to avoid home burglary in La Quinta, California

1. Have a burglar alarm and use it

2.Hide your valuables and do not talk about valuables with other people

3. Lock all doors and windows- even when you are in the house

4. Trust your instincts - report anything suspicious to the police

5. Keep your phone on and near you even when in the house

6. Leave a light on when gone for a few hours

7. Keep garage door closed at all times

8. Have security or a close friend or relative check on your home when you are gone for even one day

9. Post a sign in your yard and on your windows that you have a burglar alarm

Warren Buffet's comments on home ownership

In his 2011 letter to Berkshire Hathaway shareholders, Billionaire Warren Buffet said, home ownership makes sense for most Americans, particularly at today's lower prices and bargain interest rates."

He went on to say that buying a home was the 3rd best investment he ever made - after the rings he bought his first and second wife.