"The Over 40 Are Already Planning Their Real Estate Future"
Past News ReleasesRSS
Palm Springs, CA (PRWEB) September 05, 2012
The desert is no longer just for the retired and the snow birds. Oh, how the times have changed and in a big way in real estate in Coachella Valley. “Thinking ahead for their entire family and planning to find the ultimate in luxury living is part of the investment strategy for a younger audience.” according to Palm Springs Agent Constantine Kolytiris with GCFineProperties. “The demographic is changing drastically in the desert and it’s not just for the elderly”.
Generations have been buying Palm Springs Real Estate for years. Their children and even their children’s children have been exposed to desert lifestyle. “Younger clientele have described wanting to take advantage of the pool, golf, tennis and luxury lifestyle while they are healthy”. According to Palm Springs Agent Constantine, “Most savvy investors are capitalizing on the lowest prices in the desert in a decade.” The Palm Springs area and the desert cities are hot right now, and we are not just talking about the weather.
The young wealth and young corporate America are planning ahead. They are attracted by the idea of retiring early or having a weekend retreat. The ultimate plan is to make a long term real estate investment in Palm Springs while utilizing it as an affordable family vacation. Palm Springs Real Estate GCFineProperties says “the attraction to this resort community is our reach within 2 hours to Los Angeles and most California beaches. It is a small town with less congestion than other desert communities in AZ and NV, but has all the attractions within driving distance”.
Canada and other travelers from other countries are also taking notice and calling Palm Springs Real Estate GCFineProperties to provide real estate services long distance. The real estate is trading at a fast pace with over 20-30% of buyers are retired Canadians and young Canadians. The Palm Springs or Coachella lifestyle is so attractive to all ages. With the Canadian Dollar posting its largest gain since January, this makes buying Real Estate in Palm Springs attractive to Canadian buyers.
“It’s hip, it’s cool and it’s about the weather.” concludes Palm Springs Realtor Constantine Kolytiris with GCFineProperties. “It has always been about the sunshine promoting health and happiness since the Rat Pack era”. Luxury lifestyle and luxury real estate seems to still be the ultimate dream.
Palm Springs Real Estate GCFineProperties are experts in Greater Palm Springs and Desert Cities. Team Gina & Constantine lead the area in expertise as Premier Directors of Windermere Real Estate. Contact Constantine Kolytiris at 760-333-8028 or email conk(at)windermeresocal(dot)com.