Home Prices DROP | Should you Buy a House Now or Wait?
The Bay Area Real Estate Market is starting to take a hit with homes sitting longer, demand dropping, and more price drops. At the same time, Housing Affordability is Reaching a 15 month low along while the FED is continuing to raise interest rates. How will this affect the Housing Market? Should you buy now or wait for prices to drop further?
There are many questions being asked about the home prices dropping. Is now the time to buy or should you continue to wait for what comes next. In this video, we look at a few potential responses to this change and what may be right for you.
Remember to stop and ask yourself, why you start looking for a new home in the first place? After you determine this, remind yourself of your main goal! It’s not about timing the market, it is about the long term investment. The right time to buy is when you find the right home!
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My Background:
Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. 57 families were helped in 2021 which positions me as a Top 1% Realtor.
Looking forward to helping you!
Spencer Hsu, MBA, Realtor
[email protected]
(408)223-5493 EXP Realty DRE 02077253
https://www.homesbyspencerhsu.com/
#BayAreaRealEstate
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