When Do People Think The Ideal Time To Purchase A Starter Home In San Francisco Is?

I’ve been waiting for a slowdown in the market for months now, to no avail. Any tips?

3 Responses to “When Do People Think The Ideal Time To Purchase A Starter Home In San Francisco Is?”

mlothian Says:
November 4th, 2009 at 11:30 am
anytime
Richard H Says:
November 4th, 2009 at 11:59 am
If this is your first home and you plan to live in it for the foreseeable future, teh time is NOW. I know, last year could have been better, but a few years from now, you could be looking back and thinking” “I’m glad I bought it when it was affordable!”.
But if it is for investment purposes, you would need to do lot more research and be very careful.
sgargo Says:
November 4th, 2009 at 12:10 pm
If you are talking about a primary residence and are currently renting, ask yourself this question. “What am I paying in interest on this rental.” You are probably thinking what do you mean? The answer is 100%. Nothing you are paying in rent will ever benefit you in the future. Owning a home means that you are paying a percentage of principle toward something that you own and will possibly be fully yours after years of financing. The best thing to do is contact your local bank or broker and get pre-approved today to find out your limits to buying a home. Besides, renting isn’t a tax write off. A home is.