Palm Springs Real Estate
Palm Springs real estate is just beginning to skyrocket.
This is especially true in many of the neighboring communities
in the Coachella Valley such as Desert Hot Springs. It's true
in the high desert areas of Twenty Nine Palms and Joshua Tree.
Rumors abound about people buying land and selling it six
months later for triple the buying price.
In the high desert, there are a number of several acre
properties with old small cabins. Many of these are selling for
$10,000 to $20,000. They aren't fancy, but they make good
investments and low cost places to live.
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Word to the Wise
You don't make the money when you sell real
estate. You make the money when you buy it.
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Here are some interesting facts that affect real estate
prices.
- One third of the population is over the age of 65. Many
of them are willing to sell their homes below market
value.
- Thirty-one percent of the population is retired.
- Twenty percent of the people live here part time. They
are affluent enough to have a second home elsewhere.
- Seventy-one percent own their homes.
- There are more than 330 days of sunshine yearly.
- Native American casinos bring a lot of money into the
area.
The California Spas page brings it all
together.
Go from the Palm Springs
real estate page to the Palm Springs Spas page.
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