Bloom said the number of once-city dwellers who moved to Palm Springs in 2020 was staggering. “I was meeting people from L.A. or the Bay Area who were working from home and wanted to move outside the city where home prices were not as high,” Bloom said. “People are starting to see that you can move to a beautiful resort-style area like the Coachella Valley where homes are substantially more affordable by California’s standards.”
Bloom said with an influx of new residents and a higher-than-normal demand for spacious homes, Palm Springs’ inventory decreased in recent months. He said the challenge for his team and other sales executives in the area has been to sift through the multiple offers each property gets, often within just a few days of listing the home.
“In a normal year, we would see up to six months of inventory, but Palm Springs only has about 30 days of inventory available right now. Hopefully we’ll start seeing more properties come onto the market and new developments begin construction throughout February to meet demand,” Bloom said.
In response to the increased interest in moving to Palm Springs, Alan Bloom Realtor has taken to social media to help prospective residents learn more about the world-renowned city. In 2020, he started a social media campaign of virtual tours to showcase Palm Springs’ 26 neighborhoods, including Old Las Palmas, Little Tuscany, Vista Las Palmas and Deepwell Estates.
“I started this series because it seemed like everyone I talked to who was looking to move to Palm Springs had the same questions – What are the neighborhoods like? What can you do here? What is the culture like?” Bloom said. “It has been great to feature the local communities and show people what really makes this town so unique.”
Following the virtual tours of the neighborhoods, Bloom said he plans to showcase Palm Springs’ new developments that are being planned for this year, as well as highlight popular spots to dine, shop and relax throughout the city.
“Alan’s incredible success in 2020 and his ability to adapt to the changing trends in the Southern California markets is admirable,” said Gordon Miles, president and COO of Americana Holdings, parent company of Berkshire Hathaway Palm Springs HomeServices California Properties. “That kind of motivation combined with his deep appreciation for the desert communities’ unique history has certainly made Alan Bloom Realtor one of the most productive luxury home sales teams in Palm Springs.”
To learn more about Berkshire Hathaway HomeServices California Properties, visit www.bhhscaproperties.com. For more information about Bloom and Alan Bloom & Associates, visit www.alanbloomrealtor.com.