There have never been a better time to buy property in Palm Springs California, says Brad Schmett, of Luxury Homes by Keller Williams.
Brad is an expert in Palm Springs real estate and thinks a unique combination of factors makes this the most opportune time to buy and says “A rare combination of economic, financial and local real estate market conditions has created a near “perfect storm-like” scenario that has set the stage for an incredible residential real estate buying opportunity for properties in Palm Springs, La Quinta and the surrounding desert cities.”
Prices are at their lowest in over a decade for both Palm Springs and La Quinta, and a higher than normal property inventory gives buyers and investors numerous options for finding the perfect property. When you combine these factors with historically low mortgage interest rates then the real estate market seems highly attractive.
Schmett is urging buyers to take the plunge now and says “We may never see the likes of this type of buying opportunity in our lifetimes again.”
Property prices are now at 1999-2002 price levels, and there is an abundance of high-quality homes and condos available. This is already attracting international buyers, and the favorable exchange rate has prompted increasing numbers of Canadians to take advantage of the market conditions. Brad Schmett thinks this “Canadian buying frenzy will continue to grow.”
Schmett has many years of expertise and can help sellers ensure their property is correctly positioned to sell, and can help home buyers make the most of their investment, and he has a reputation for giving a high level of service.