A unique "perfect storm-like" scenario has set the stage for an incredible real estate buying opportunity in Palm Desert, CA.
Palm Desert, California (PRWEB) October 16, 2012
Brad Schmett, Broker Associate with Luxury Homes by Keller Williams and real estate expert, has announced today that savvy baby boomers are continuing to buy real estate in Palm Desert and the greater Palm Springs, CA area at a record pace. Favorable economic factors, including historically low mortgage interest rates and 10-year low real estate prices, have combined to make now the best time to buy real estate in Palm Desert and the surrounding desert cities.
Brad Schmett, an expert in Palm Desert, CA real estate, helps buyers find the ideal property to accommodate a particular lifestyle – while maximizing their real estate investment. Brad and his team are also experts at helping sellers strategically position their property for sale.
According to Schmett, “A unique blending 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 Desert and the surrounding desert cities. And baby boomers, from both the U.S and Canada, are taking advantage of what many consider to be a once in a lifetime buying opportunity.”
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 baby boomer clientele. “About two-thirds of my overall client base falls into the baby boomer category. If they’re already full-time residents, the trend I see is for them to downsize from larger homes. They want to slow down a bit and enjoy the unique desert lifestyle and all the attractions it has to offer.”
Schmett says, “With my seasonal and snowbird baby boomer clients, the trend is for them to sell their large, primary residences, move into a smaller property or condominium at home, and then buy a second home here in the Palm Desert area. They want to slow down and enjoy life more as well – and they see Palm Desert as a great place to retreat to with family and friends, especially during the blustery, cold winter season." Schmett adds, "My clients' price ranges vary depending on their specific purchase criteria, but can range from the $200,000s up to multi-million dollar purchases at exclusive Bighorn Golf Club.”
The lowest real estate prices in over a decade, coupled with an attractive inventory level of Palm Desert homes for sale, has given buyers more options than ever before in the greater Palm Springs, California real estate market. Schmett urges, “we may never see the likes of this type of buying opportunity in our lifetimes again. Now is definitely an incredible time to buy Palm Desert real estate.”
To find out more about investing in Palm Desert real estate visit http://www.PalmDesertRealEstateInfo.com.
About Luxury Homes by Keller Williams: Luxury Homes by Keller Williams – La Quinta, 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.