Probably doesn't have a lot to do with the typical property we discuss here at Palm Springs Condo Living, but Barron's magazine has just ranked it's annual list of the best luxury second home markets. And while this was no surprise to us Palm Springs lovers, Palm Springs ranked a very respectable 11th on the list. For the complete article click on the link below:
http://online.barrons.com/article/SB50001424052970203979804576152351515182700.html?mod=TWM_pastedition_1#articleTabs%3Darticle
Median price for this type of property in the greater Palm Springs area: $3.3 Million. Again, this isn't the usual condo we focus on at Palm Springs Condo Living, but it does raise the issue that property values, at least in the luxury market that they're writing about, are increasing. And sometimes it's just nice to dream!
No comments:
Post a Comment