1 post tagged “inventory levels”
With inventory levels low in San Francisco, this posting highlights strategies for you to "Buy Smart".
- Keep 3-5 months of living expenses liquid (easy to reach cash).
- Put at least 10% down.
- Stay in your home at least 5 years to solidify your potential appreciation.
- Use an interest only loan when you plan to stay in a property less than 3 years.
- And of course, get the lowest interest rate possible.
These are but a few simple guidelines when buying a home. If you want a deal and are timing the market then be ready to make a deal this July or August. I believe you will be surprised at the property available.
For more information: email me at kglidewell@pacunion.com