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Palm Springs Luxury Homes See Price Drops Amid Market Shift
California's luxury real estate market is cooling, with Palm Springs homes experiencing price drops. Properties are selling below listing prices as inventory rises, reflecting a shift after a surge driven by remote work. Home values have dipped slightly compared to last year, indicating changing buyer dynamics.
βοΈ AI Verdict
"Looks like luxury isn't as hot as it used to be!"
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File ID: #309500Original Source: Times Of India β
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