Coachella Valley Real Estate Update: April 2020. Real Estate life has changed dramatically for those of us used to fielding calls and showings all day every day. Every person in every profession I know is dealing with the same things, but each area of the state is a little different, and here in the Coachella Valley is no exception. Weather wise it’s been very mild and I’m looking forward to the summer heat! Rumor is that the virus isn’t going to like the heat..
Are people still looking??
If you’re interested in buying a home, vacation home, piece of land, or an equestrian property, this may be the time to jump in! We do not have as many showings, as many calls, and we are having to encourage buyers and sellers to be flexible with their current contracts. Everyone is trying to figure out what’s coming, so buyers and sellers need to step back, hear the options and be reasonable! We can show property, but there are now restrictions and also disclosures for buyers and sellers.
Why buy Coachella Valley now?
Because everyone is afraid, and if a seller has a property listed, they WANT to sell. Now is the time to present a creative offer. Lower price, perhaps, but maybe it’s terms, that you structure to your taste. I’m seeing longer escrows, I’m seeing some earnest money released to accomplish that. Maybe the seller WILL agree to carry that land parcel that originally they would not consider at all. It’s always the brave ones that take the risks and reap the rewards! Take a look at this gorgeous working ranch in Thermal, 20 acres, and the seller is ready to make a deal..$1,500,000 list price.