Whatever your portfolio, whatever your equity, the past couple of years have been economically nasty. Now-at last!-there's a dribble of good news: Bloomberg News reports today that lenders can be expected to loosen the purse-strings on home-equity loans in 2010.

What that means is homeowners with equity-those who owe less than their property is worth-will be able to bank on their home's value for loan funding. Forecasters predict that those who seek such loans will forego the luxury spending of the recent past in favor of renovations and other practical expenditures. They also predict that lenders remain extremely cautious, and even those with outstanding credit and tremendous equity may have to shop around.

For those smart enough to invest in the Coachella Valley real estate market-Palm Springs, Palm Desert, La Quinta, Rancho Mirage and Indian Wells-there's more good news: our market is bustling with buyers eager to find a second or third home, a romantic pied-à-terre or an all-amenities condo on the 7th green.

If you're thinking of selling or buying, or just curious about our desert communities we would be happy to show you around, introduce you to the desert lifestyle and answer your questions about real estate. We are your Palm Springs Realtors, so give us a call today at 760-567-1550.

In real estate, knowledge is power. Let us put our knowledge of Palm Springs and the Valley to work for you!