Palm Springs, California is a community ripe with change. Its downtown is undergoing a Renaissance, with projects aimed at improving its lure to visitors and residents alike. Currently, 14 acres of prime real estate in downtown Palm Springs is being transformed into an upscale attraction composed of new hotels, a park, shops & restaurants, underground parking and more. It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California.
So how is all of this development and the promise of more to come in the future affecting the real estate market in Palm Springs? Is now a good time for you to take the plunge and move to where the living is easy and the sun shines 360 days of the year? Full time or maybe part-time living in Desert Paradise . . . a place to come for long weekends, holidays or for the entire “Season.”
Home resale inventories in Palm Springs, California remained the same with a 0 % change in August 2015, as did Foreclosures and Short Sales. The median listing price for homes in Palm Springs stayed the same in August and there were a total of 10 price increases and 31 price decreases.
With the market holding steady, NOW is a good time to buy your Desert Modern or Historic home in the Mesa or a home in one of the many new developments just built or being built in the area. Call Kimberley Kelly at 760-285-3578 for a preview of the amazing Palm Springs homes on the market today !
Take a look at this video on “How to Make an offer”