Looking to escape to Palm Springs right now? Good luck. It may be scorching in the Coachella Valley, but that hasn't stopped the rental market from having the hottest summer it's ever seen. "People are just so eager to escape," says Brad Greiner of rental agency Open Air Homes.
Adds Greg Tormo, a real estate agent with the Paul Kaplan Group, "It's unbelievable. My client has a three-bedroom for rent.
We just put it on the market for long-term rental. I've shown it 10 times already!" According to John-Patrick Flynn, brand manager at Acme House Company, which manages more than 150 rental properties in the area, bookings are up more than 42 percent from summer 2019. "Since the state and county lifted the moratorium on short-term vacation.
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