In the Palm Springs area these past six months we’ve seen a slight but significant increase in sales. More importantly we have seen the inventory of available properties shrink from a bloated 26 months supply to just five months of inventory.
Our buyers continue to take advantage of lower prices as properties remain competitively priced with short sales and bank owned properties. We are seeing these opportunities in all price ranges from entry level to luxury high-end estates. While my crystal ball is still in the shop, I’m suggesting that now is not the time to be a fence sitter!
Call me today for my short list of favorite opportunities in La Quinta and Palm Springs area real estate.