Posts Tagged ‘palm springs homes’

Palm Springs, California Ranked #2 Best Place to Retire by CNN Money

Tuesday, October 13th, 2009

3489405205_629c256fd3_mCNN Money recently released a report of the 25 Best Places to Retire in the United States. Coming in at #2 on the list, just behind Port Charlotte, Florida, is Palm Springs, California.

With approximately 42 percent of the population over the age of 50, Palm Springs makes for a welcoming post-work hometown. Mountain views and year-round sunshine add to the town’s appeal, as well as the many cultural activities in the area that offer family-friendly educational entertainment.

Perhaps one of the most appealing aspects of Palm Springs for those looking to retire is its general affordability. For example, the average 3-bedroom home in Palm Springs is currently worth a reasonable $250,000. And while there are certainly mansions in Palm Springs worth millions, the typical home price combines value with affordability.

For a snapshot of these and other stats on Palm Springs, check out the Palm Springs snapshot. To compare Palm Springs to other cities ranked as best places to live check out this comparison list.

Interested in buying or selling property in the Palm Springs or the Coachella Valley area? Contact Patrick Stewart Properties today.