August 2023 numbers are out for our desert communities. Today I focus on Rancho Mirage, California. We're still in a seller's market, though prices have adjusted over the last few months. Things are down from the highs of COVID. This is largely due to interest rates. However, we don't have this huge fall-off that so many agents and consumers felt was imminent.
If you've been holding off on a move, think again. The moment interest rates drop, we'll see buyers come back to the market in droves. So unless you're selling and have somewhere else to live, what you might pick up on the sell side you'll likely lose on the buy side.
And if you're thinking of buying, we'll see more inventory surface as the cooler season starts and snowbirds return. Until then, you've got your pick of good homes without as much competition.
Reach out to me if I can be of service!
Wishing you well in your home pursuit in our beautiful valley,
Jason Allen / Real Estate Planner & REALTOR®
Palm Springs, California
Keller Williams Realty
435 N Palm Canyon Drive
Palm Springs, CA 92262
United States of America
+1 (760) 325-1900 (cell and WhatsApp)
https://getme2ps.com
/ jsallenrealtor
/ jasonscottallenrealtor
Individual DRE# 01831809
Broker DRE# 01417409
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IMPORTANT DISCLAIMER: All of the videos presented on this channel, including this one, are entertainment, not advertisement. Some homes are presented as a courtesy of the listing brokerage and/or agent. Under no circumstances should anyone rely upon this video or other videos produced by Jason Allen (CA DRE 01831809) with broker affiliate Keller Williams Luxury Homes (CA DRE 01417409) for decisions related to the purchase or sale of real estate. The information contained in this video must be verified by anyone pursuing the purchase of the home(s) presented. Jason Allen is not an accountant, tax advisor, financial planner, attorney, builder, electrician, plumber, solar installer, carpenter, floor installer, landscaper, painter, general contractor, or any other trade expert. Buyers are advised to consult with professionals who are qualified to address financial; health; safety; construction; and repair questions, advice, and/or estimates. The opinions presented in this video and all videos presented by Jason Allen are those of the individual expressing them. No guarantees or warranties are expressed or implied in this video or any other video produced or commissioned to be produced by Jason Allen. PROPERTY PRICING, IF INCLUDED, IS AT THE SOLE DISCRETION OF THE SELLER AND IS SUBJECT TO CHANGE. No video is presented on this site or others with the intent of soliciting the clients of other real estate professionals.
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