Contact Us
  • Cathi & Ben Walter
  • Sales & Marketing Specialist, Realtor
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • F:
  • E: Cathi@DesertAreaHomeFinder.com
  • DRE# 01346930
  • Contact
Social Media
Subscribe to Desert Area Home Finder Blog Updates
A Message From Cathi & Ben...

We hear similar stories repeated in different ways from our clients; At first, they look forward to stolen weekend's to golf & relax in the desert - they gradually discover they're crafting ways to spend more time here until it becomes clear, life just doesn't get any better than this."

Once that realization hit's, the process of change begins... We know what an extraordinary commodity your home is - buying or selling a home can be one of the most important decisions you will make and having the right team on your side will make the difference.

We specialize in homes throughout the Palm Springs Valley including Palm Desert Real Estate & Homes, Indian Wells Real Estate & Homes, La Quinta Real Estate & Homes, Rancho Mirage Real Estate & Homes, Palm Springs Real Estate & Homes& Indio Hills Real Estate & Homes. Whether you want to buy or sell an estate, lock & leave property with income potential, a resort property, land to build your dream home, or a property located in a country club or golf community we know the desert and are here to help. Our motto, If its important to you, it's important to us, guides us as we help our clients buy or sell a home in the desert.

Thank you for visiting DesertAreaHomeFinder.com, we hope you find our site helpful and we look forward to speaking with you it's easy, just click on the picture of a cell phone in the upper right corner of this web site and it will ring our cell phone directly.

Personal Messages

What Drives the Valley Housing Market

Home buyers in the Desert

WHAT DRIVES THE VALLEY HOUSING MARKET?

Who’s buying valley real estate & what’s driving the local  market…aside from eight months with an average temp of 81 degrees?  

85% of our Buyers come from outside the Coachella Valley.  In 2013 valley home sales broke down this way; 67% of our buyers came from other California cities, named our “Feeder Market or Drive Market”. 10.5% were from Canada, 6% from Washington State and 3% of our buyers came from Oregon with the balance coming from a mix of sources. 

The Boomer Trail The wave of retiring Baby Boomers entered the retirement zone in 2007; their retirement plans were interrupted by the housing crash & financial crisis.  The Boomer’s decision to buy in the desert has historically been driven by age and net worth.  As household net worth has increased, so too has the Boomer’s plans for retirement. Home equity has strengthened in our feeder markets which puts the Boomers back on track to buy a retirement home in the desert.

Affordability Compared to other regions, the valley affordability index is among the most affordable in California.  At the peak of our market in 2006 the index was 16, which meant, only 16% of the households could afford a median priced home.   Today, the affordability index is at 51.  Investor activity played a significant role in the increase in home sales & prices. Now that  distressed properties are no longer a significant factor, more traditional equity sales will make up the real estate market going forward and should create a more stable environment for growth and price appreciation.

Comments are closed.

Get In Touch

  • Cathi & Ben Walter
  • REALTOR ®
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • E: Cathi@DesertAreaHomeFinder.com
  • CalBRE# 01346930

Connect With Us

facebook twitter linkedin youtube yelp
Virtual Results Theme Framework