You deserve it! Normally, this is not a good reason to buy anything. But if you have been smart with your money (saving up to purchase a home, working to earn an excellent credit score, etc.) then you deserve to reap the benefits of your planning and good sense. And with prices still low, plenty of properties to choose from, tax credits on the way out, and desert vistas beckoning, you should consider that now really is the perfect time to procure the Palm Springs or other Coachella Valley home of your dreams.
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The California Desert Association of Realtors has released some very interesting stats that support what we have been saying about the Palm Springs real estate market rebounding. It will particularly surprise many that conventional sales are outpacing distress sales (Short Sales and Foreclosures). Palm Springs area real estate is cooking. Don’t believe us? Have a look at the empirical evidence below. These are facts! I found Harvey Mackay’s column “Negotiating in a Nutshell” very relevant to today’s real estate market and have excerpted it below. Whether you’re a home buyer or seller, it is a good time to think about how to take advantage of the market conditions before they inevitably change. I’ve followed Mr. Mackay’s advice with some very compelling reasons to react to the opportunities currently available. By most accounts, we are at or near the bottom of the market. If there remains a 5-10% question mark, the solution is to negotiate. The Palm Springs California area is a very popular second home destination for Canadians. With the value of the Canadian dollar (Loonie) essentially on par with the US dollar, now is a perfect time for Canadians to purchase second homes here. To complement our social media and blog posts, we are excited to launch our new “Love of the Desert TV” Channel. Here you’ll see the entire gamut of professions and lifestyles in the Coachella Valley through the eyes of the local residents. Of course, we will be highlighting real estate by exploring and comparing the different cities, communities and amenities from golf and tennis developments to private gated enclaves. You’ll also enjoy visiting the desert’s array of social, recreation, cultural and charitable activities. FALLING PRICES, LOW RATES PROD CALIFORNIA HOMEBUYERS |
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