Palm Springs Real Estate Gets Huge Boost From BNP Paribas Professional Tennis Event

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Brad Schmett of Luxury Homes by Keller Williams has announced today that Palm Springs real estate is getting a huge boost from professional tennis’ upcoming BNP Paribas Open.

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I can sense the enthusiasm tennis tournament attendees have about the real estate buying opportunities. They know it could be a once in a lifetime opportunity for them.

Brad Schmett, Broker Associate with Luxury Homes by Keller Williams and real estate expert, has today announced that real estate in Palm Springs, CA is getting a huge boost from the upcoming BNP Paribas Open. One of professional tennis’ most popular tournaments, the BNP Paribas Open is being hosted at the magnificent Indian Wells Tennis Garden, located just minutes from Palm Springs, California. This year’s upcoming two week event, which is expected to draw-in nearly 400,000 tennis fans, has put a significant focus on the Palm Springs area – in particular Palm Springs real estate.

Brad Schmett, an expert in Palm Springs real estate, specializes in helping buyers maximize their real estate investment. Through his many years of service, Schmett has earned a reputation for providing the highest level of service to his clients. Just recently, to better assist his Canadian clientele and help them prepare for the real estate purchase process, Schmett released his online Canadian Buyer’s Guide.

Schmett states, “I’m delighted at elevated level of interest we’re seeing in our real estate as a result of the excitement surrounding the 2012 BNP Paribas Open. We typically see an increased level of business activity during the event, not 2-3 weeks in advance of the tournament as we’re seeing this year.”

The 2012 BNP Paribas Open is being held from March 5-18. Nearly all of tennis' top professional players will participate in this year’s event. Total prize money for 2012 is $9 million.

“Since early mid-February, 30-35 percent of my out-of-area real estate inquiries have come from 2012 tennis tournament attendees who are also looking to buy real estate in Palm Springs or the neighboring desert cities. There’s considerable excitement about learning more about the incredible real estate buying opportunities here in the Palm Springs area,” says Schmett. “They’ve heard or read about the phenomenal real estate deals, now the want to come in for tennis tournament and check things out for themselves.”

“It’s a perfect example of combining business with pleasure,” states Schmett. “I can sense the enthusiasm tennis tournament attendees have about the real estate buying opportunities. They know it could be a once in a lifetime opportunity for them.”

The lowest real estate prices in over a decade, coupled with a high inventory level of Palm Springs homes for sale, has given buyers more options than ever before in the greater Palm Springs real estate market. Schmett urges, “We may never see the likes of this type of buying opportunity in our lifetimes again. Local real estate market conditions, combined with historic lows on mortgage interest rates, have created a near "perfect storm-like" opportunity for buyers. Now – or during the tennis tournament – is definitely a phenomenal time to buy Palm Springs real estate.”

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.

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