Palm Springs Area Real Estate

According to the Desert Sun , "A search by the Palm Springs Regional Association of Realtors staff showed 1,329 Canadian buyers and another 98 purchasers from other countries acquired homes or condos over the past year, based on a tally of those who registered international addresses. That figure could be higher because some foreign buyers may not have registered." Canadians have been and still are buying homes and condos at a fast pace in Palm Springs and all Desert Cities, taking advantage of the strength of the Canadian Dollar trading today at $105.40 US Dollar, and the real estate values in the Palm Springs area. Canadians are no strangers to the Coachella Valley , it has been the destination of choice for snowbirds from British Colombia , Alberta, Saskatchewan and Eastern Provinces for decades, but this year, younger couples have been actively looking and buying as well. They see a great opportunity and values that will probably not be seen again. A special Th...

According to the California Desert Association of Realtors, Palm Springs area median sold home price for February 2011 was $215,000 up from $185,000 in January 2011 and $156,060 in April 2009, that's almost 27% . Another interesting statistic is that the Median Sold Price in January 2011 was $185,000 for houses and condos, a very rare occurrence. From my experience as a real estate agent in the Palm Springs area, I would attribute a good part of the increase in sales and demand to our Canadian neighbors who love the desert , and saw the value in our real estate prices. The fact that the Canadian Dollar is hovering at par or better with the US Dollar was and still is a major contributor in the decision to buy a vacation home in the Coachella Valley. I believe that March and April 2011 will produce good numbers too based on my personal experience and lined up appointments. The easiest way to finding homes in Palm Springs , La Quinta , Palm Desert , and all Desert Citie...