Nine Reasons to Live in Palm Springs
World's largest rotating tramcar. The Palm Springs Aerial Tramway takes only ten minutes to climb the 8,000 feet from the desert floor to San Jacinto Mountain State Park. While there, you can enjoy the alpine wilderness by hitting one of the many hiking trails or staying at a campground.
Increasing home values. The values of both mortgage and rent-to-own homes have been on a tear since bottoming out in 2012. The spectacular one-year increase of over 25% brings the median value up to $282,500. The median list price is $369,000, while the price per square foot is $219. Median sales prices are at $258,300.
View natural and man-made art. The Palm Springs Art Museum boasts a permanent collection of exhibits related to Western and contemporary art. For one of the world's largest collections of World War II warplanes, spend an hour or two at the Palm Springs Air Museum. To enjoy natural curiosities, check out the Moorten Botanical Garden, specializing in desert plants, such as cacti and succulents.
Hobnob with celebrities. The stars come out to watch over 200 films at the Palm Springs International Film Festival, which is one of the largest of its kind in North America. Golfing greats show up at the Humana Challenge to help raise funds for local charities.
Rents are up. Since rent prices are up to $1,900 from a low of $1,200 in late 2012, rent-to-own houses prevent you from throwing your money away each month. Check out the neighborhoods of Snow Creek or N. Indian Canyon Dr. to see what's available.
Engaging nightlife. Once the sun goes down, several nightspots vie for your attention. Zelda's Nightclub has dominated downtown with drinks, dancing and live performances for 33 years. For a more laid-back experience, head for the patio of Azul, which also serves lunch and dinner.
Shop like a local. Find out if the desert blooms with edibles at the Certified Farmers' Market held on Saturday mornings. Trendier goods are available from the fashion boutiques, furniture stores and art galleries at the Uptown Design District.
Many mid-century modern choices. Palm Springs features the biggest concentration of mid-century modern architecture, exemplified by the Desert Modernism. Even the federal government designated the location as a Preserve America City. These distinctive designs, which may be available in some rent-to-own houses, have caught the attention of famed auction house and realtor, Sotheby's, which devotes an entire department to them.