David Verbera's Blog

There seems to be a big window of opportunity for home buying in San Jose and throughout silicon valley due to the number of foreclosures.  For many future home owners that felt left on the sidelines during the real estate boom of a few years ago an opportunity to buy home has not been this good in the past 6-8 years.  The increasing  foreclosures have driven home prices downward and word has it that a second wave of foreclosures this summer will help keep prices low.  This along with historic low interest rates have made it a home buyers haven. 

Buyers, don not miss out on this opportunity to making home ownership a reality.  Speak with your Realtor and get all the information you need to be ready to get into the market and be able to get your offer accepted and close escrow on your future home.  There is no better time than to start today!

A good time to sell is when you are ready. 

The market will be the market weather you sell or not.  The focus should be on what your need s are and in what time frame you would like to meet those needs.  For example, it may be a declining market but you have a job opportunity that in the long run will benefit you and this opportunity may not come again.  Or, you may not get top dollar today if you sell but you are buying at a much lower price and your property taxes along with low interest rates will all help you get that bigger home you want at a lower monthly payment and lower down payment.  As long as the Realtor you choose gives you accurate market information to make a wise decision you will be fine.

So remember, the best time to sell is always when you are ready and not the market.