For San Francisco home buyers, how do you know it's the right time to buy a home?
Real estate prices in San Francisco are down about 20% from the peak of the market (more or less depending on the neighborhood and type of property). We've been in the downturn for about 3 years already. There are genuine signs of life like increased transactions and the return of multiple offers. Many economists are now saying that now is most definitely the time to buy IF it's the right time for you.
Like who? Kenneth Rosen, Chair of the Fisher Center for Real Estate and Urban Economics at UC Berkeley Haas School of Business for one!
He's pretty esteemed and not even a Realtor, like me, whose job is to cheer-lead, right? Okay, I'm not really much a cheerleader. I was more the "alternative" type in high school. You know, smoking cigarettes, going to raves, wearing Doc Marten's & Betsey Johnson, and generally, acting cooler than thou.
So, how do you know it's the right time to buy?
Consider these questions: Do you like the home? Can you imagine living in it for about 5 or more years? Can you afford it? Do you feel relatively secure in your job and job prospects? If you answered yes, it is probably time. Now, hop to it!
But first, watch these neat videos! Start with "Recognizing the bottom."
(Learn more about buying, selling and financing
real property. Click on the link to view video
features on contemporary real estate subjects.)
Are you looking to buy a luxury home or sell your exclusive property? Our top real estate team specializes in luxury condos, estates, and high-end properties. With years of experience navigating the competitive luxury real estate market, we offer personalized guidance every step of the way.
Contact us today for a complimentary consultation. Whether you’re looking for luxury homes for sale or need help listing your exclusive property, our top-rated realtors are here to help. Find your dream home or achieve your sales goals with the best real estate agents!
Stay informed with our twice-monthly email updates, featuring market insights, new listings, and local news. Subscribe to receive the latest in San Francisco luxury real estate and more. We respect your privacy and never share your information.
Probably not. Yet, in our biased opinion, you should definitely sign up for our twice-monthly email for market insights, webinar invites, local news, gorgeous homes, and more. We never share or sell your information. And, when you’re ready to work with us, please email or call to discuss your plans. We’d love to help!
