Buying a Home in Palm Springs
Much like the weather, the Palm Springs real estate market is both hot and enticing. Whether you're looking to buy within Palm Springs or in one of the other Coachella Valley communities, there are several things you should know before doing so. On this page, you'll find several tips and resources for buying a home in Palm Springs, CA. However, the best thing you can do when you're looking to buy in Palm Springs is to find a good realtor. This may sound cliché, but it's true. Someone who knows the ins and outs of the market here in the Coachella Valley, as well as an agent with the work ethic and experience necessary to find you the right home for the right price will be an invaluable resource in your home search.
As for how to find the right home, we have plenty of neighborhood guides for you that provide info on the amenities and types of homes you'll find. From popular Palm Springs neighborhoods such as Vista Las Palmas, Andreas Hills, and Movie Colony to nearby cities such as Rancho Mirage, Palm Desert, and Cathedral City. In these guides, you can find info on home exterior and interior features, as well as the demographics, and types of outdoor recreation and entertainment opportunities that surround the homes. This is, of course, in addition to listings of current homes for sale in each community.
Are you among the many buyers looking for a vacation home in the Palm Springs area? How about advice regarding investment properties or which types of homes and neighborhoods you should be looking at? At RonParksTeam, we have tips for vacation home buyers and those who are wondering if Palm Springs real estate is a good investment. You can also read about the best time of year to buy a Palm Springs home. In case you're curious, the highest selection of homes on the market in Palm Springs is between April and June, but both August and November are a bit slower and, therefore, ideal to potentially buy for a more favorable price.
Tips For Palm Springs Home Buyers
Here are a few other things you should know about before buying a home in Palm Springs:
- Homeowner's Associations: If you want to live in one of the many beautiful private communities in the Coachella Valley, whether it be a golf community or any type of gated subdivision with exclusive amenities, you should make sure you know all the details about membership requirements and fees before your purchase. Financial statements, bylaws, and other conditions are important things to ask for, as well as whether or not these community is slated for major renovations that could impact your fees in the future.
- Weather: The hot weather in Palm Springs is a huge draw during the fall, winter, and spring, when those who seek warmer temperatures and a dryer climate flock to the area. However, during the summer months the temperature usually exceeds 100 degrees and can get as high as 120. For some, this may be a bit uncomfortable, even though it's a dry heat. We recommend trying Palm Springs out in the summer before committing to living in the area on a full-time basis. It's also worth noting that some areas of the Coachella Valley have more wind than others, so you should do your research on whether or not the community you're considering is particularly windy. You might even prefer the wind, depending on how hot it is on any given day.
- Taxes: The property taxes on homes in the Coachella Valley are currently set at 1.25 percent of the appraised property value. There are also a few other taxes in certain cities (e.g. the utility tax in Palm Springs), so you should speak with your realtor about this before buying.
More Resources For Home Buyers in Palm Springs
Search All Coachella Valley Homes For Sale: Find every residential real estate listings in Palm Springs and the rest of the Coachella Valley, from houses to condos to townhomes.
Sign up for our Home Finder and receive email alerts about homes within your search criteria that are new to the market. Just fill out what types of homes you're looking for and we'll email you as soon as there are new listings that meet your needs. This way you can stay ahead of the competition and let your ideal home find you.
Are You a First-Time Home Buyer? Read about some tips if you're new to the process of buying a home.
Use Our Mortgage Calculator to figure out what the mortgage payments will be on the home you're interested in.
Out-of-Country Buyers: If you're looking to buy a Palm Springs home, but you don't live in the country, Ron Parks can help you. Perhaps you're in Canada and looking for a vacation home during the winter months, but need assistance with the extra steps and paperwork that's necessary for international buyers. Ron and his team have the experience and knowledge to take care of everything for you.
Complete the form below and an agent from the RonParksTeam will be in touch to help you with your home search:
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