Palm Springs House: From $1.3M to $625K - What Happened?
TL;DR
A Palm Springs house sold for $1.3 million in April 2023 after zero days on the market, despite previously selling for $611,000 in 2021. The property, which had deteriorated since its previous sale, faced issues such as a green pool from algae and stolen pool equipment. The housing market in the area has seen an increase in such incidents, yet the property still managed to sell for a significantly higher price.
- A Palm Springs house sold for $1.3M in 2023. Why is it now selling for $625K? MarketWatch
- A Palm Springs house sold for $1.3 million in 2023. It's now selling for $625,000. What went wrong? I viewed it to find out. MSN
- A Palm Springs house sold for $1.3 million in April 2023 after zero days on the market. It previously sold for $611000 in 2021. How is that possible? Morningstar
- A Palm Springs house sold for $1.3 million in -2- Morningstar
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