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Of course, buying real estate is a major decision, so youll need to conduct plenty of research.
Some factors to consider include average home prices, average rent prices and quality of life.
GOBankingRates spoke with real estate experts to get their opinions on buying desert real estate.
Heres what they had to say.
Next, check out sometips from real estate brokers for buying your first investment property.
The entire Coachella Valley is big draw for people retiring and looking for a resort lifestyle, Moore said.
Consequently, he said prices in his area have been steadily increasing.
Rents are also quite high, as there are fewer rental properties than in most cities.
The same home would have sold for $600,000 before the pandemic.
He pointed to Phoenix as an example, where the median home price is $450,000.
He said thats a lot more affordable than other cities.
The median home price in New York, for example, is $807,718.
Phoenix isnt always simply low cost, he said.
Its developing hastily to itsthriving tech and healthcare sectors.
On the other hand, he noted that Palm Springs is a more expensive desert area.
It is a haven for luxury, he said.
Think holiday houses, retirement houses andshort-time period rentals.
With all of the tourism and those shifting around, theres no scarcity of calls for housing.
The median home price in Las Vegas is $444,000.
A one-bed room condo costs around $1,250 a month.
Tucsons median home price is $340,000.
Ultimately, the choice of whether to buy property in a desert town is a personal one.
While not all desert towns haveaffordable real estate markets, this is a benefit of many areas.
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