New homes in La Quinta and the Palm Springs Valley have been languishing for the past 3-4 years. After working in the New Homes Industry for 5 years myself, it was like running into a wall.
But in the first quarter of 2012, the New Homes Industry is beginning to show much forward momentum. There are currently more Buyers than homes for sale in many areas of La Quinta and the Palm Springs Valley. Many Buyers are just getting tired of the “used and often tattered” conditions of resale homes..especially what’s left after the Investors have picked them over. The timing is perfect for the New Homes industry to pick up, as shown in today’s Desert Sun.
It might be the right time if you are considering buying a home in our beautiful winter paradise, to consider a new home once again..