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| Untagged | 28 Dec 2009 12:00 AM |
| So, what’s the hot market? by Scott Palermo + Jim Sanak |
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The hottest of the hot for the Coachella Valley is homes and condos in the $500,000-and-below range. In fact, according to the MLS, they account for more than 88% of the market. The super-luxury properties-those priced at $1 million or more-account for less than 3% of the market, but as sales activity increases generally, we're seeing more action in the top tier as well.
And where are your new neighbors coming from? Well, of course, there are always people relocating within our beautiful desert communities-Palm Springs, Palm Desert, Rancho Mirage, La Quinta and Indian Wells-but many of our buyers are coming from other parts of the U.S., especially the Northwest. Plus, a huge number of sun-seekers are taking advantage of the exchange rate and cashing in their Canadian dollars for a house or condo in the Coachella Valley.
Wherever you're coming from-or going-we're ready to help you meet your real estate goals. We have great connections, tremendous knowledge and the negotiating skill to get you the most in your transaction. Give us a call today at 760-567-1550. And remember, in real estate, knowledge is power!Comments (6)
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