Palm Springs

Home Loans

Get The Lowest Interest Rate On
Palm Springs Home Loans.

Whether you are a first time home buyer or trading up to a larger home in Palm Springs, we work to find the best home loan solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Palm Springs Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Palm Springs, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify.

Palm Springs California Overview & Statistics

Palm Springs Overview

As of 2007, Palm Springs's population is 47,806 people. Since 2000, it has had a population growth of 11.68 percent.

The median home cost in Palm Springs is $636,700. Home appreciation the last year has been -2.64 percent.

Compared to the rest of the country, Palm Springs's cost of living is 40.87% Higher than the U.S. average.

Palm Springs public schools spend $5,212 per student. The average school expenditure in the U.S. is $6,058. There are about 21 students per teacher in Palm Springs.

The unemployment rate in Palm Springs is 4.00 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Palm Springs jobs have Increased by 3.07 percent.

Palm Springs Climate

Palm Springs, CA, gets 6 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 17.

On average, there are 269 sunny days per year in Palm Springs, CA. The July high is around 108 degrees. The January low is 42. Our comfort index, which is based on humidity during the hot months, is a 18 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Palm Springs Housing

The median home value in Palm Springs, CA, is $636,700. Home appreciation is -2.64% over the last year. The median age of Palm Springs, CA, real estate is 30 years.

Palm Springs, CA Apartments and Rentals

Renters make up 26.34% of the Palm Springs, CA, population. 33.60% of houses and apartments in Palm Springs, CA, are unoccupied (vacancy rate).

Palm Springs Crime

Palm Springs, CA, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Palm Springs, CA, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.ci.palm-springs.ca.us

Palm Springs Real Estate Agents

California First Time Home Buyers Grants

California First Time Home Buyer Programs

California Home Mortgage Loans