So many people come to Palm Springs half the year to ditch the harsh winter climates, they call themselves Snowbirds, we just call them family. In fact, most people who live in Palm Springs are not really from here at all. Oh sure, there are a few old timers here, who have lived here since they were born, but most of us are 
transplants and sometimes I think that's why everyone gets along so well here in Palm Springs.
That brings me to the point I was trying to make here today. You see, as a Palm Springs Realtor, I see many folks spending a whole lot of money on rent each year when they come for three or four months. What they may not realize is that rental they are in during their stay with us, could actually be their own. That's right, the rents are quite high here in the Winter time, and for about the same price or a little more they could own that home.
Why is this important? Well, because right now the Palm Spring Real Estate prices are lower than they have been in a while and the Federal Reserve is cutting interest rates. Thus, it is a great time to buy now, and save the rental money and gain the appreciation as the real estate prices hike back up again. Real Estate in California goes thru cycles, about ever ten years.
Way too many people bought at the top of the market, they should be buying right now at the bottom of the market. Well, that's all I wanted to say, just an observation, from a real estate consultant who knows this market like the back of her hand and that's why you should buy a home in Palm Springs rather than pay money for a Palm Springs Rental.
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