When it comes to real estate in Palm Springs, California, perception is definitely not reality.
The majority of 55-plus home buyers flock to Palm Springs every winter believing it’s the best time to buy a home. The reality is, summer is probably the best time to buy a home in the desert–if you’re looking for a bargain or a deal. Here’s why.
1. In the winter, well-priced homes often get multiple offers, because there is so much competition. This means buyers often pay top dollar.
2. In the winter, sellers also tend to be less motivated. They know that there are plenty of buyers and if they don’t get the offer they want the first time, they are happy to wait for the next offer.
3. In the summer, buyers have much less competition and sellers know it, making sellers more motivated to accept offers below asking price.
4. This will probably come as a surprise to both buyers and sellers. Statistics show that home sales in the Palm Springs, Coachella Valley desert area are nearly the same in the summer as they are in the winter! The difference is that you’re much more likely to find those real estate bargains and deals in the summer.
Contact me this summer to see any 55+, active adult, senior, retirement Palm Springs home or condo deal listed for sale at the link below. email@example.com or 760-600-6152.