Consider the subdivisions of Prominence, Bailey Ranch, Stonebrae. These are million dollar homes now selling from the low $700k’s. To be sure, not all are selling that low, but many have sold for well below $1 million.
In Stonebrae gated community, most are new homes close to its new world-class golf course. Many with expansive views of the greater bay area.
If you are in the market for a competitively priced, upscale home now is the time. Take advantage while interest rates remain low. What a great chance you have to win in today’s real estate market. What do you think?
Many people ask “Is this a good time to buy a house?”. Sure it is. Right now there’s money that banks are loaning; interest rates are low; there are properties available.
So what’s holding some people back? Fear that the market will further erode, or that interest rates will go up too fast. Those things could happen – or maybe not!
It really has a great deal to do with what one’s personal outlook is. If you believe it then it becomes so. Do nothing – sit it out – until the market changes. It just might get worse. But, again the market just may have gotten as bad as it will get.
Or do something – you can make a decision to act sooner and – ride it out – come what may. Buy what you can truly afford through thick or thin and you just might have gotten the home you really want.
To help prepare yourself to become an informed buyer, check out this recent article San Jose Mercury News “Making the Homeowner Leap”
http://www.mercurynews.com/ci_12406192?I…
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