Let’s say you’re renting, but you’d like more space and a home you can make your own. You’d like to buy, but you’re not sure if you’ll buy here or somewhere you can get more house for less money. What’s the next step? And is there another motivation, even more important than the need for space and control, that you’ll have to have to be a successful Silicon Valley homebuyer?
Will you still love your new home tomorrow? Four tips to minimize buyer’s remorse.
The California Association of REALTORs most recent Home Affordability Index reveals that statewide home prices have doubled since the first quarter of 2012. Which, not coincidentally, was when home prices in much of the Bay Area took off like a rocket.
Millennials are doing their part to get more starter homes into inventory but, as usual, boomers are just being difficult.
More than half of homebuyers are willing to trade a larger house for a larger yard, according to a survey recently conducted by the Society to Talk Millennials into Buying Boomers’ Obsolete Sprawling Ranchers.
33 percent of 412 millennials recently surveyed listed their pet as their top homebuying motivation. 25 percent listed marriage. 19 percent listed the birth of a child.
From a reader: “The market has gotten VERY HOT this year and we are starting to wonder if the bubble is back…this time encouraged by zero inventory, a handful of IPOs and a great deal of foreign investors worried about the stability of the economy in their home country. Seems like a great time to sell but would you advise waiting for a market correction to buy?”