My buyer is ecstatic. She made a savvy purchase in the Rancho Mirage complex she has watched since 2008. The sellers of this delightful unit turned down an offer of $450,000 in 2008. Two years later they accepted my client's offer of $294,000. Yes, home prices in the California desert took a deep nose-dive of approximately 60% give or take a few percentage points depending on the location.
If you are thinking about a second home or retirement villa now is a great time to brave the heat and find a fabulous deal. From condos to estates the prices are slashed. There are many areas and price range points to choose from; you're sure to find one that's a perfect fit for your lifestyle and your budget.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.
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Sell Smart, Buy Wise and Live Well
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333
PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Hey Norma, There really are some good deals out in the desert and I love the area. Your client scored big time.
Cameron - Yes, she has not stopped doing the "Happy Dance" since her offer was accepted. I'm writing an offer for another client this week on a cute little single family number in La Quinta. A huge number of my friends and clients are desert bound!