The bottom of the market is the best time to buy. Take advantage today.
San Francisco (Vocus) November 4, 2010
Long the discussion of rising prices and short supply, market conditions San Francisco’s real estate industry finds itself in strange territory: A Buyer’s Market. With interests rates at 50 year lows, and a slow moving housing inventory, realtor Jane Ivory recommends that now is the best time to buy property in San Francisco.
Interest rates are at record lows, around 4-5%. Experts expect rates to remain compelling through the first half of 2011, perhaps through the entire year. These kinds of interest rates mean that buyers can afford more than they previously thought.
The San Francisco housing inventory has remained relatively stagnant, allowing buyers to make the right choice instead of the immediate choice. Ms. Ivory advises, buying a home is a big decision; don’t buy a home you’ve seen 5 minutes. In fact, it pays to view a property at least twice, ensuring that the home being bought is the right home for the entire family.
Family friendly, safe and attractive neighborhoods, including Noe Valley, Ashbury Heights, Mission Terrace, Diamond Heights, Cole Valley, and Golden Gate Heights contain a number of wonderful properties at great prices. While other buyers hesitate to make a decision in today’s market, the savvy buyer can take advantage of the great deals available to them. Prices have dropped, even on very nice properties, in an attempt to attract more buyers.
“If you are in the market for a new home, there is no better time to buy. Take advantage of my market knowledge so you don’t fall victim to the Hesitation Blues,” Ms. Ivory explains. “The bottom of the market is the best time to buy. Take advantage today.”
For two Decades, Jane Ivory has represented buyers and sellers of residential property in San Francisco. She has her broker’s license and the GRI designation, a certification held by only 2% of all California Realtors.
Jane Ivory, Broker Associate and Top Producer
Hill & Co. Real Estate