Three Reasons to Buy a Home NOW in San Francisco

Mortgage rates in the United States are currently at a record multi-generational low, and have consistently fallen for the last decade. Sitting at a startling 3.35% for a 30-year fixed loan, current mortgage rates present a once-in-a-lifetime opportunity for anyone interested in purchasing real estate in San Francisco. There is reason to believe that this trend will continue throughout the year. Here are three reasons why you as a potential homebuyer should take advantage of current mortgage rates in the U.S. The BREXIT While the feeling of crisis across the pond has begun to … [Read more...]

Are We Entering a Buyer’s Market?

For the past two quarters sellers have had their pick of buyers due to inventory shortages and homes in high demand. Things seemed to have changed at the end of the third quarter and it looks like we might be entering a buyer's market. Home sales in San Francisco usually rise in August, but this year it’s running 16.8 percent lower than previous years. At the same time, inventory for single-family homes and condos combined is relatively higher compared to earlier this year, 2015. Inventory for condos, new-construction and resale, is on the rise as expected. There are 15% more condos … [Read more...]