2012: Is Now the Time to Buy a Home in Marin?
Many of our clients have a New Year's Resolution which includes "Buying a New Home in 2012" however I know many folks are still uncertain about the market.   For those curious about the overall real estate market and whether or not now might be a good time to jump-in, I'd encourage you to preview the following articles which just ran in this past weeks USA Today. Â
If you just want the Cliff Notes, here goes:
- Rents are dramatically increasing (double-digit increases throughout the Bay Area),
- Mortgage Rates are at record lows
- Unemployment rates are the lowest they’ve been in 3 years (note: Marin County consistently has the lowest unemployement rates throughout California)
You can read the full articles here:
- Apartment rents heading higher for 3rd year in a row by Julie Schmit, USA Today
- 30-year mortgage rates match record low by Derek Kravitz, Associated Press
- Dec. unemployment rate lowest in nearly 3 years by Tim Mullaney, USA Today
If you'd like to explore buying opportunities in 2012, please drop us a line since the timing looks good and inventory is starting to increase (we've previewed dozens of new listings just this week!).
We look forward to assisting you with your Marin real estate, San Francisco real estate or East Bay real estate needs in 2012!
Renee Adelmann, Realtor & Owner
Marin Modern Real Estate / San Francisco Modern Real Estate / East Bay Modern Real Estate
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