The beginning of a new calendar year is always an exciting time for the real estate market. 2012 is no exception.
Good news: With low inventory and unbelievable interest rates, fear is beginning to finally dissipate! The energy that we witnessed in the last two months of 2011 in the Lafayette CA real estate market continued through January, with no signs of dissipating as we enter February and head towards spring.
4th Quarter San Francisco Real Estate Market Data
Pacific Union International’s 4th Quarter 2011 Market Report is now available. The statistics in it tell a similar story for the Bay Area as a whole. Says PUI CEO Mark A. McLaughlin’s market:
“This could be one of the finest times in the past twenty years to be a buyer of real estate, assuming you’re in for a five-year-hold or more. The market fundamentals, single family home prices, and historically low interest rates have combined to create an opportunity that will be reflected upon years down the road as “the time to buy.”
What does all of this mean for you and your real estate goals? Let’s talk about it. Please contact me at (925) 339-1918 or dana@danagreenteam.com.
Click here to view the full PUI 4th Quarter 2011 Market Report.