Just SOLD in Thermal, CA. 9.8 acre date farm $650,000
Short Sales could be coming!! Well, 2026 is underway. 2025 was a screaming busy year for me, and 2026 is continuing that trend. Just closed on a 9.8 acre organic date farm in Thermal, two more parcels closing in February. Lots of calls from buyers looking for “deals”, sellers looking to either down size or relocate in the valley, and Short Sales are rearing their slow moving head. It’s going to be a great season. If you are looking to buy or sell in the Coachella Valley, give Kim Kelly a call at 760-285-3578.
I’m working on completing a Short Sale in Cathedral City, CA., here in the Coachella Valley. The deal is working it’s way through the Short Sale process, and I’ve gotten several calls for more short sale information in just the past few weeks. Hmmm. I did dozens and dozens of short sales, but that was after the crash, and pretty much dried up since 2011. I’ve closed maybe 6 since then as the bad notes dried up, and people bought their homes with standard loans, not 100% financing!!
Most of my fellow realtors feel we won’t have a wave of short sales as people have “so much equity” in their homes. Wait. Many of us do, true. But, I’ve noticed that credit card debt is piling up in the economic reports I see, and that often comes before people start tapping into their home equity to pay their bills. Is this what’s happening? I cannot predict the future, but I have a feeling there are pent up short sales getting ready to pop! One of my favorite country clubs in La Quinta, Rancho La Quinta CC, has some great values for fairway homes. Take a little walk tour I did of RLQCC. Homes prices from approx. $800,000 to $3.5 million.
