Many Canadian baby boomers are taking advantage of what many consider to be a once in a lifetime buying opportunity.
Palm Springs, California (PRWEB) February 07, 2013
Brad Schmett, Broker Associate with Luxury Homes by Keller Williams and real estate expert, has announced today that Canadian baby boomers continue to drive sales of high in demand Palm Springs real estate. Favorable financial conditions and economic factors on both sides of the border, coupled with a trend in lifestyle change, has combined to make now the most opportune time for savvy Canadians buying Palm Springs real estate.
Brad Schmett, an expert in both Palm Springs and La Quinta real estate, devotes a considerable portion of his time helping Canadian home buyers maximize their real estate investment. Through his many years in the real estate industry, Schmett has earned the reputation for providing the highest level of service to his clients.
According to Schmett, “A rare combination of economic and local real estate market conditions has created a near “perfect storm-like” scenario that has set the stage for an incredible residential real estate buying opportunity in Palm Springs, La Quinta, Palm Desert and the surrounding desert cities. And many Canadian baby boomers are taking advantage of what many consider to be a once in a lifetime buying opportunity. ”
Rare conditions include the lowest prices in over a decade for Palm Springs homes for sale, as well as a shrinking but attractive level of property inventory. Home buyers and investors now have more options than ever before in the Palm Springs CA real estate market. Combined with very attractive mortgage interest rates, these factors create a most opportune time to buy real estate in Palm Springs.
Brad Schmett, a broker with over 25 years of business experience, has acquired a keen understanding of the needs and concerns of his clients, in particular his Canadian clientele. Schmett says, “With my Canadian baby boomer clients, the trend is for them to sell their large, primary residence in Canada, move into a smaller property or condominium at home, and then buy a second home here in Palm Springs. They want to slow down and enjoy life more – and they see Palm Springs as a great place to retreat to with family and friends, especially during the frigid, blustery Canadian winter.”
Schmett goes on to say, “Many of my clients are Canadian baby boomers with a fair amount of cash to invest and they’re not totally comfortable with the stock market or other ways to invest their money. They look to Palm Springs real estate as their investment of choice because there are so many incredible properties available – at incredible values. Now is definitely a phenomenal time to buy real estate in Palm Springs and the surrounding desert cities."
To find out more about investing in Palm Springs real estate visit http://www.PalmSpringsRealEstateInfo.com.
About Luxury Homes by Keller Williams: Luxury Homes by Keller Williams – Palm Springs, is an exclusive, elite and sophisticated group of real estate consultants raising the bar for service in the upper-tier Palm Springs area residential real estate market.