I was visiting someone at a loft yesterday in downtown SF, and there were 3 spaces open for sale. One on the market for 30 days, one for 14 days. The agent was very eager as well.
Have we peaked in realestate in the Bay Area? If so, everyone who wanted to buy before should start getting the cash ready and pull the trigger once the market plus interest rate hit the sweet point.
Don’t try to time it at the lowest point, you are sure to miss it. Pull the trigger when you’ll be comfortable with monthly mortgage and be a happy homeowner.