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.
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If you’re not in the market for yourself, it’s certainly a great time to help children or grandchildren to get into a new home. As a straight investment, if not a gift, it makes sense to recognize the appreciation that will likely outstrip the paltry interest rates currently available. Palm Springs California real estate is showing signs of rebounding. The wise buyer knows that the bottom of the market is only confirmed in the rear view mirror after it’s a thing of the past. Rather than speculate as to whether we’ve hit bottom, savvy buyers make offers and negotiate. |
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