May 2025 Coachella Valley Market ForecastMarket Insight – Based on April 2025 DataMarket Momentum Shifts — Inventory Is Up, So Are Pending SalesApril data revealed a meaningful shift in the Coachella Valley housing market:Active listings increased to 3,706, the highest level in over a year.Pending sales also climbed to 975, marking a 14-month high.New listings, however, dropped to 1,205, indicating that while supply is elevated, seller activity may be slowing.This suggests a transitional market: buyers are active but selective, and overpriced inventory is being left behind.Months of Inventory: Supply Absorption Is ImprovingThe market peaked at 6.3 months of inventory in October 2024.That figure is now down to 3.8 months, based on pended sales.This indicates healthier demand, especially when viewed through a seasonal lens.

I've been thinking lately about the journey many of us are on, and I'm particularly interested in connecting with anyone who might be transitioning out of real estate investing or wholesaling.Real estate isn't for everyone, and I respect the decision when someone chooses to pursue a different path.

Somerville’s high studio rents ($2,000+/month) often justify the investment, but run a pro forma to confirm ROI.Parking and Other Rules: Check if Somerville requires off-street parking for a new unit, though exemptions may apply near transit.

How do we transition them to us successfully?

Most of my rezoning to "commercial" have gone smoothly. 

That kind of background makes a big difference when transitioning into LTR or hybrid strategies.I'm Kyle Morrison, based out of Ocala—I work in real estate and property management here, and I’ve been seeing more and more people look at creative setups like the one you’re describing: something multi-family, ideally with a space to use personally part of the year, while long-term tenants help carry the mortgage.

It’s saved me a ton on overhead, and honestly, the efficiency and professionalism have exceeded my expectations.Now I’m working on building a company that helps other property owners connect with highly trained remote managers who can handle leasing, tenant communication, rent collection, maintenance scheduling—you name it.If you could cut management costs by 50–70% while keeping things running smoothly, would you consider going remote?

The Dec social is, I believe, at Santoras 3440 Transit Rd, Depew, NY 14043 beginning 5:30 p.m. 

Happy to share what I’ve learned from managing a variety of properties.Wishing you a smooth first year and plenty of positive cash flow!

You're clearly putting a lot of thought into this transition.