Palm Springs being the ultimate retirement destination is more than just a cliché. It is god’s honest truth. The place has seen tremendous growth in recent years. It is no longer a second home community, with many Southern Californians retiring here. You should consider getting a Palm Springs real estate if you want to know your options.
Two decades ago Palm Canyon Drive was best described as a dead zone. But, today the area has started attracting a younger crowd because of the Coachella Music festival. There is life around the year with more wine bars and speakeasies. Lots of people including baby boomers and LA buyers tend to move to Palm Springs since it has better affordability as compared to LA.
What Do Average Retirees Typically Buy?
There are a lot of options for retirees at Palm Springs. You can get yourself a nice condo selling for low 100k figures or get a decently sized single-family house for about $500k – $600k.
The Palm Springs area comprises 9 - 10 different cities with different property rates. For instance, Cathedral City has less expensive houses. You could get a basic three-bedroom and a 2 bathroom home with a medium sized pool for about $400K. The same property may go for above $500k if you look for it in Palm Desert.
There are a lot of options in Palm Springs for retirees of all types. You need to ask yourself the kind of lifestyle you are looking for. Once you have a hang of that make sure you get in touch with a trustworthy and experienced Palm Springs real estate agent to find the perfect property.
Palm Springs Area
There are three major zones in the Palm Springs area.
The High Desert
This is the area near Joshua Tree and is not at all like Coachella Valley. It has a more hippy feel with a one of a kind attraction called “Integration” that was designed to communicate with aliens.
Palm Springs
Palm Springs is known internationally and has a lot of new resorts, hotels, and arenas. They even have their own place for ice hockey. There is a village vibe in downtown with several local boutiques and a huge art scene. One of the well-known museums, the Desert Art Museum is located here.
Down Valley
Palm Desert and Rancho Mirage are together considered Down Valley. Everything from country club condos to gated golf communities is available here at different price ranges. Down Valley has a Paseo and many Big Box retailers.
Living in the Desert
Palm Springs is a great spot for retirement, but you need to understand that it is the desert. And, it gets hot. Many retirees prefer taking vacations or traveling away from the area during August and September. But, people tend to adapt.
You would get used to exercising and doing physical chores in the early morning. The evenings are hot too, but in a nice way. Everybody gets misers and air conditioning. You would think that Palm Springs is unbearably hot. But, Pasadena has the same sort of temperatures too without the accompanying luxury.
