| This has been a very hot topic amongst
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| | University of California at San Francisco
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| the nation's top economists, professors
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| | and many others. If we take these
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| and citizens. With many billions of
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| | elements into consideration and add the
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| dollars sitting on the sidelines watching
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| | fact that there is very little land to
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| the game, the magic question seems to be
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| | build, it would seem that there is and
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| when is the market going to bottom out?
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| | will be a definite demand for housing now
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| It seems that many are waiting to get the
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| | and in the future. So again we visit the
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| deal of a century rather than recognizing
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| | question when is the best time to buy?
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| the incredible opportunities that are
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| | In my opinion, with the huge selection of
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| here now.
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| | inventory and interest rates as low as
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| The sad truth is that when there is a hot
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| | they are, the best time to buy is now.
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| market of any kind for potential huge
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| | Many make the mistake of wanting to wait
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| returns, there is also the byproduct of
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| | until the absolute bottom hits so they
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| greed that comes with it. The average
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| | don't lose any money. If a property that
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| person is heavily influenced by the media
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| | sold a year ago is being offered for
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| forgetting that their job is to sell the
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| | twenty percent less today, is that a good
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| news. They are after ratings and not
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| | deal? Of course it is. We need to keep in
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| necessarily going to report the complete
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| | mind that in a short time the market is
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| small details that are prevalent. The bay
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| | destined to rebound and the majority of
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| area is a magical place unlike any other.
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| | us will only see the bottom of the market
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| It is home to a very wide array of things
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| | in the rear view mirror. A deal is a deal
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| to do and home to some of the best
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| | and if the price is right and one is
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| weather in the world.
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| | ready to buy, do it.
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| I have clients tell me all the time that
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| | The truth is that in many areas of the
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| the best time to buy bay area real estate
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| | San Francisco region, the prices are not
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| is not now. The market is going to go
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| | going down they're going up. According to
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| down further and it will then be the best
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| | the latest numbers from Data Quick, The
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| time. The truth is that no one has a
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| | average median household value across
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| crystal ball and no one can predict for
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| | nine bay area counties is four percent
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| sure when the market will completely
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| | higher than it was a year ago. The closer
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| bottom out. It is however; a good idea to
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| | you get to the heart of metropolis, the
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| keep in minds the simple rules of supply
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| | more the demand for that location. San
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| and demand. This of course is going to be
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| | Francisco, Marin and the peninsula have
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| somewhat contingent on what type of
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| | all gone up in value from this time last
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| property is sought after. With the
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| | year. Alameda County is also us four
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| extremely high cost of property here, it
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| | percent from last year.
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| is difficult, although not impossible, to
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| | The bottom line is the bay area is a
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| find income properties that will cash
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| | great place to live, work and play. There
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| flow without a substantial down payment.
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| | is a reason that it is expensive to live
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| The bay area is an industry leader for
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| | here. It is desirable! There are
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| high tech, biotech, finance, money
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| | incredible deals for bay area property
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| markets, trading floors, engineering and
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| | right now and who knows exactly how long
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| many other skilled professions. We also
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| | it will last. Advise for people who are
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| need to keep in mind that the bay area is
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| | serious and actively in the market, find
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| home to some of the finest universities
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| | your property while the good deals are
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| in the world including Stanford, The
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| | still here and be happy with what you've
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| University of California at Berkeley, The
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| | found.
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