Sales of new homes rose 4.4 percent in the U.S. in November from October to the fastest sales pace in more than 2-1/2 years. New home sales have also increased 15.3 percent over the past twelve months.
And here in the Palm Springs area new home sales are doing well in all price points from entry level to luxury, as the desert's inventory of resale homes remains historically low.
New Home Quick Facts
Though new homes represent a small portion of the growing housing market, they have a big effect on the economy. Three new jobs for one year are created with each new home built.
Many people don’t realize that we can assist buyers with both new and resale homes here in the desert. My team and I stay current on all Palm Springs area new home developments, inventory and sales comps. We’re here to help by adding a layer of independent objectivity to your new home sales experience. Our value added service costs you nothing but can often result in a smoother and more profitable real estate transaction.