It is the best opportunity to buy real estate in SF

Best time to buy a home in San Francisco

If you or someone you know is thinking of buying real estate; now, and I mean now, 4th qtr of 2010, it might be the very best time, possibly ever or at least for a long time to purchase a home Prices are down, interest rates are down that's a phenomena that happens very infrequently.
And you will have lots to choose from, the inventory in San Francisco is the biggest it’s ever been, especially for 4th quarter.
Follow this link to a story that was in the WSJ today about the credit market:
http://online.wsj.com/article/SB10001424052702303443904575578410336931010.html?mod=ITP_moneyandinvesting_7advertise
if you haven’t developed a relationship with a mortgage lender because you aren’t sure who to call, please don’t just stab away on the net. You need a professional that is familiar and works in the San Francisco Market. You certainly wouldn’t go to the net and find an agent to work with you if they worked somewhere in Ohio would you. Same thing you need to stay local. My experience with those lenders that these unbelievable low rates that when it comes down to the last wire, when you’re expecting loan docs to be drawn all of a sudden that low rate program that they hooked you in with is gone.
I have been selling Real Estate in San Francisco for over 14 years, 11 here in San Francisco. I am the professional you need to get this dream of yours to become
There was a slight dip in prices from July 2010 to August 2010, but YOY we were still up in value by 2.1%! Where can you put your money and earn that kind of return. Let’s take a minute and do a little scenario. Let’s assume you bought a home in San Francisco last August 2009 for $900k, it appreciated at a rate of 2.1%, and presumably it is worth $918,900.now. Not bad.

Prices fell across all three price tiers on a month-over-month basis for single-family homes in the San Francisco MSA for the first time in six months as year-over-year gains also slid.

The bottom third (under $345,613 at the time of acquisition) fell 1.4% from July to August (up 10.3% YOY); the middle third fell 1.2% from July to August (up 6.3% YOY); and the top third (over $628,381 at the time of acquisition) fell 0.5% from July to August (up 2.1% YOY versus 2.8% in July).
According to the Index, single-family home values for the bottom third of the market in the San Francisco MSA returned to October 2000 levels having fallen 56% from a peak in August 2006, the middle third is back to just below April 2003 levels having fallen 34% from a peak in May 2006, and the top third is back to just below April 2004 levels having fallen 23% from a peak in August 2007.
Condo values in the San Francisco MSA fell 0.5% from July ’10 to August '10 and to a 2.0% gain on a year-over-year basis (down 26.4% from a high in December 2005).

Our standard SocketSite S&P/Case-Shiller footnote: The S&P/Case-Shiller home price indices include San Francisco, San Mateo, Marin, Contra Costa, and Alameda in the "San Francisco" index (i.e., greater MSA) and are imperfect in factoring out changes in property values due to improvements versus appreciation (although they try their best).

[Standard & Poor's]
Call me when you have some time and let's set a time to have some coffee and talk about how to start.
415 902 9199