Posts Tagged ‘prices’

Yes, It’s Time To Buy!

There has always been much demand for real estate in the Bay Area. Lots of people live here, and most of us want a place of our own. That demand for homes pushed prices up. Then, when the economy fell apart, prices came down. Several factors were involved, which resulted in short sales and foreclosures, and then the large amount of foreclosures itself became a factor. For a while buyers just sat and watched, but when they saw others buying homes at greatly discounted prices, they have come back into this area/market, looking for bargains. This is a great time to buy, especially for people who couldn’t afford to buy here before. Not only have prices come down, but interest rates are at historic lows. An unbeatable combination!