November '18 - Market Softening?

November 5, 2019

Since people are talking about the San Francisco Real Estate market softening, I want to share two thoughts with you.

First, when one looks at home prices over the last 30 years, there hasn’t been a bad time to buy. Yes we had some slight dips in the market but they were followed by substantial gains, and who can time the market perfectly? Don’t they say that history is the best predictor of the future?

Second, when I look at the top segment of the market (7.5 million+), it appears demand continues to be flat to slightly up. Supply, however, is at an all time high which means that it is even more important for sellers to work with an agent who A) can present your property in the best possible light and B) is connected to other top selling agents to ensure your property is part of the consideration set.