Buyers in the Coachella Valley are in a great position!
If I was a buyer in the Coachella Valley. What a great time to be looking for a property in the Coachella Valley. If you’re looking for a farm, vacant land, residential property or a vacation rental, it’s a buyers market. Local resident, equestrian and realtor, Kim Kelly will give you an honest evaluation as a buyer or seller. 760-285-3578.
If you are looking for a property to buy in the Coachella Valley, now is a good time to focus! The key is to REALLY know what you want. If you are looking for a particular community, stay focused on that community. If you are just looking at a particular area of the valley, broaden your boundaries so you keep up with what’s moving and available in that particular area. It is critical that you and your agent really stay on top of what’s active now, and when a new property comes available, get there quick. It’s not that there is a ton of competition, BUT if you are looking for a particular property and something comes up that fits your requirements, go look at it!
I am telling all my sellers to respond to any offer. Don’t get offended. The buyer pool is small, and even if you get an offer and even open escrow, buyers are shaky. Make it easy for your buyers, set your emotions aside, and get over it. You, as the seller NEVER have to take an offer. If you simply cannot come to terms because the buyer will not come up to your number, well so be it. Wait for another buyer. Therein is the hitch. Be sure you have more interest because right now, buyers do have some power IF a seller is serious about selling.
I am also telling my buyers..I do not KNOW if a particular number is going to work, if the value is going to fall, what the future holds. I do know that if you love it, have a good loan, or cash, plan to hold it for 5 years or so, odds are good you’ll be happy with your purchase! Take a look at this 4 acre property in Bermuda Dunes with a ranch style pool home in an incredible location. Off market at this time, but sellers are more motivated now than last season. This property was listed at $2,799,000, but sellers are looking for an offer!!
