now a good time to buy home?

With interest rate today’s level buyers who are looking for better prices now have better chance to get a home in San Francisco Bay Area with less competitions. You will likely get a discount on the home price enough to offset the higher interest rate. Today’s interest rate is still at historic low compare with 10%+ rate in the past. If you wait till interest rate to come down, you will be competing with more buyers who want to take advantage of the lower rate. While the real estate market still cool take advantage to get your dream home. We can also help with your mortgage loan to get you the best rate.


San Francisco is currently experiencing a shift to a buyers’ market and red hot sale prices are starting to cool. Real estate experts believe this shift is a result of several factors: buyer fatigue, an increase in inventory, rising interest rates and over-eager sellers inflating their prices higher than even the Bay Area’s robust market can support. Buyers currently have more leverage in negotiations with sellers because of the seasonality of the market and the shift in the balance of power in the transaction. 

There are significantly more favorable loan options currently available for for first time home buyers offering lower down payments, California down payment assistant program, and  other incentives. Call 415-683-0608 now to explore these options. You can also leave us a message here.

Sellers might take a contingency sale in this market and as a buyer, the sales contingency is for your safety so that you can get out of a transaction if your property does not sell.

Our economy is healthy with an extremely low unemployment rate, high equity in home ownership, strong GDP and an unstable stock market that tends to benefit the real estate sector. The market is shifting and has been over due for a correction, however in California we have already experienced some of this shifting which is why now great time to make a smart real estate decision.