Palm Springs real estate is attractive to all sorts of buyers. People want to move here for the pleasant weather and world-class amenities. Investors also love the Palm Springs area because the market tends to be strong. However, you might wonder if now is a good time to sell or buy a home in Palm Springs.
Palm Springs is often a sellers’ market. Home prices tend to hold strong or increase over time. Even when prices go down, it is usually temporary. If you hold the real estate long enough, you should be able to turn it around for a profit. For buyers, that usually means the earlier you can buy, the better.
There are times when the market can favor buyers or sellers. However, there is more to it than the general state of the market. Various trends…
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