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Smart Canadians are getting fantastic home deals in the Palm Springs and Desert Cities Area
For the past several years, Canadians have been flocking to the Palm Springs area to buy second homes or winter getaways. 2007 was the peak buying year for Canadian buyers because the exchange rate was the most favorable for Canadians in almost 50 years. On July 11, 2007 the Canadian dollar peaked at $1.1030 for $1.00 US. Stated another way, $1 US dollar was only worth $.9066 Canadian dollars. A home... [Read more]
All Desert Cities show modest population growth in the Coachella Valley in 2009
The fast paced growth of the Coachella Valley has slowed considerably over the last few years due to the slow down of the economy. A few days ago, the Desert Sun posted an interesting article about the housing slump in the valley. According to the California state Department of Finance, La Quinta, with a population of 43,778 and a growth rate of 2.42%, had the largest percentage growth of any of the... [Read more]
