Condocontessa San Francisco Real Estate

5 Reasons to Buy Now in San Francisco

January 16, 2008 · 1 Comment

With all the doom and gloom headlines selling newspapers, there are some often overlooked facts that make this a good time to buy.

1.  Low interest rates; the rates dropped overnight to 5.5% for a 30 year fixed.

2.  There are more properties on the market than there have been in the last few years for buyers to choose from; it’s a buyers market, which is perfect for being a buyer.

3.   Sellers and developers have adjusted to the new market climate and are willing to make concessions.

4.   San Francisco rents are still rising.

5.  San Francisco still has a housing shortage; and we have a good jobs economy — you will be poised to cash in on the next market cycle.

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