1 post tagged “new home sales”
On a professional level, sales of real estate came back to earth and I feel values are finally aligning. If you are a San Francisco real estate buyer and you are of the advice that you want to time the market. I feel now is the time to evaluate your options. First of all the last two days of housing numbers are out for both new home sales and resale home sales. Both are "up" based on current media reports. Additionally, interest rates are comparatively low and the feeling is that they will stay low thru the 1st quarter or two of 2007.
So if you are contemplating purchasing and want to lock in some appreciation now is the time to do so. The only caveat would be a major political change in the world or terrorist activity.
A special treat on this trip was dinner last evening with a dear friend and former business professor "Stan Freedman". Little does he know how much he influenced my life and taught me more than just business plans!! Also at that dinner was a very bright and insightful female friend, Ellen. We had such good conversation that 3 hours passed in what seemed like 15 minutes.
Remember all your friends and family these last days of 2006. Let's "buy smart" in 2007!!
