Hi friends,
Where do you go to get away from it all?
Hotels in far-flung lands? Airbnbs? Roughin' it in the woods?
This being a real estate newsletter, we're a little biased toward the comfort and investment of a second home. If you find yourself drawn time and again to the same vacation spot — say, Wine Country, Tahoe or Palm Springs — it might make sense to buy rather than rent.
Of course, second homes aren't for everyone. They are fixed to one place and can be cost prohibitive, especially amid a nationwide real estate frenzy. Around Lake Tahoe, for instance, home prices have soared upwards of 60% in the span of a year.
Some of our clients have bought through a startup called Pacaso. They came to us for our opinion and assessment of the home purchase, modeling comparable sales and offering pointed questions to ask.
Pacaso's model of co-ownership has admittedly caused a stir in some communities, as vacation startups tend to do, but a lower cost of entry to second-home ownership is appealing. (No affiliation, just thought it's worth sharing, and if you want more information let us know.)
Point is, while our team is focused on San Francisco real estate, we have experience, resources and vetted partners in a wide range of destinations, for your next home or second home, across the Bay or across the country.
If you have any sort of real estate question, please don't hesitate to reach out. We're always happy (and grateful!) to help you and anyone you send our way!
Warmly,
Also featured in our newsletter:
Mercury News: Have Bay Area homes become more affordable?
The Washington Post: Cash is king for a growing number of homebuyers
NBC: Why empty offices aren't being turned into housing, despite lengthy vacancies
And from our blog, the San Francisco Real Estate Market Update for July 2021
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