Buy Now or Wait for What?
At my last two Sunday?Open Houses?in Pacific Heights (East)…
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…the weather has been overcast or rainy and yet Buyers are out there looking and they are not just coming in from?my open house?signs scattered along the four neighborhood commerical areas.
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Buyers?are wondering?whether to wait or to buy now.?
And I have had to ask…waiting for what?
Waiting for a bargain? vs. finding a home on the North side of the city?now???
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Waiting for where?the market?bottoms out vs.?investing in?”Location, Location, Location” in?our great city?
Note that property values are holding their own – see circled neighborhood?areas on map above and below.

Waiting for prices to rise vs. finding the value of a home now?
Waiting for multiple offers again vs. writing an offer without the competition now?
Waiting for the interest rates to rise?vs. getting tax deductions now??

Waiting until it is too late to meet the deadline?to use the?1st time Buyer’s stimulus tax credit package vs. taking advantage of?this $8,000 one-time incentive now?
When is waiting better, if you can get what you want now?



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