The Desert Sun reported on 3/31/2011 that the Coachella Valley median price on homes are up 26.8% from April 2009.  That's one of several measures that the desert housing market has stablized and is gradually improving, a leading state real estate economist said this week. 

"From a buyer's perspective affordability and value are about as good as they are going to get" said Robert Kleinhenz, deputy chief economist for the California Association of Reators.  Both home sales and prices will increase about 2 percent statewide this year, he said.  Other factors that could help the valley's market, range from the low mortgage rates to record level affordability and fewer distressed properties coming on the market.

So, if you are a Buyer who has been waiting for the bottom....it has come, it is here, don't let it pass you by.