Experts in San Francisco, East Bay, Peninsula, & Marin

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Why you should list with King Realty

Why The San Francisco Market Is So Crazy Right Now

There is no one thing that is driving the market right now, but there are a few factors

that have combined to make this the craziest market we have ever seen:

 

1. Interest rates remain low - when money is this cheap, buyers want to take advantage and can afford more

2. Low inventory - low supply in a high demand area will always drive up prices

3. A LOT of cash - young techsters and foreign investors are pouring cash into the market

4. Rental prices are at all time highs - it frequently costs more to rent than a mortgage would cost on a similar place, so

many of those with down payment money are buying out of self-defense.

 

So what do you do? The short answer is it depends on your financial profile, age, goals, plan for the future, and timeline requirements to buy/sell. Even in this market we have been successful at getting offers accepted that were not the highest price, while still paying attention to some rationality when applying market metrics. 

For a no-strings expert consultation to see if the time is right for you to buy (or sell), contact Managing Broker Lance R King:

415.722.5549 (cell)

lance@king-realtygroup.com

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