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Coachella Valley
Trends
- 17% mortgage rates squeeze Coachella Valley housing market▼7% mortgage rates add pressure to Coachella Valley housing market
Mortgage rates reaching 7% are adding pressure to the Coachella Valley housing market in Southern California. Higher borrowing costs are making home purchases more expensive for buyers, compounding affordability challenges in a region that has already seen steep price growth in recent years, and local reports highlight growing strain on the market.
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Jeff Gonzalez has renewed his call for an independent financial audit of the Coachella Valley Unified School District. The push focuses on bringing in outside reviewers to examine how the district manages its finances. The move has drawn local attention as residents and officials weigh questions about district spending and accountability.