Why Right Now is a Great Time to Buy a Home in San Carlos – Shoot – It’s a good time to buy in the Bay Area!

Hello Readers – Your Realtor Sabrina Caton of The Caton Team here with a great article written by my fellow Realtor Chuck Gillooley on – The White Oaks Blog –

I had to share it – because it is exactly what I’ve been sharing with my clients. Sometimes hearing it from another, well respected source helps us all understand this Fall Market Opportunity.Β  Please check out my Instagram Page for regular Market Update Highlights: Instagram or Facebook

Ideal Buying Conditions

If you’ve been battling all year to buy a home in San Carlos, your persistence and resilience is about to pay off.Β  Right now, conditions for buyers are the best that they have been in at least a year.
There are three factors in play that are favoring San Carlos buyers right now:

Inventory:Β  As of this morning, there are 35 single-family homes for sale in San Carlos, ranging from $1.3M – $3.6M.Β  This is nearly triple the inventory of just a month ago, and represents an unprecedented level of choice for buyers who have been accustomed to inventory level in the teens. More inventory means less buying competition, and less competition keeps prices from spiraling out of control in a frenzied multiple offer.

Short Timeline:Β  Unlike the Spring real estate market that lasts for at least 4 months, the Fall market is much more compressed.Β  Sellers are very motivated to get their homes in contract before the end of October, because the market always takes a break in November and December.Β  This means that market window in the Fall is less than half as long than in the Spring, and sellers don’t have the luxury of holding out for an extended period of time to get their price.

Cheap Money: Although mortgage interest rates have risen significantly since last year, rates are still at historically low levels and have been stable for the past few weeks.Β  And this is in an environment where the Federal Reserve has publicly stated that there will be additional increases in the prime rate throughout the year. And while much of the focus has been on interest rates, it’s important to note that the stock markets have been increasing a much faster rate, giving home hunters additional buying power.

I read this article at: Why Right Now is a Great Time to Buy a Home in San Carlos.

Got Questions – The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you.Β Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the upmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Email Sabrina & Susan at: Info@TheCatonTeam.com

Call us at: 650-568-5522 Office: 650-365-9200

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient.Β Responsive.
What can we do for you?

The Caton Team Testimonials

The Caton Team Blog – The Real Estate Beat

The Caton Team Website

The Caton Team Advantage

How to Buy While Selling Real Estate

Want Real Estate Info on the Go?Β  Download our FREE Real Estate App:Β  Mobile Real Estate by The Caton Team

Visit us at:Β  Our Blog * TheCatonTeam.com * Facebook *Yelp Us * My Yelp * Instagram * HomeSnap* Pintrest * LinkedIN Sabrina * LinkedIN Susan

Thanks for reading – Sabrina

Berkshire Hathaway HomeServices – Drysdale Properties

Sabrina DRE# 01413526 / Susan DRE #01238225 / Team DRE# 70000218/ Office DRE #01499008

The Caton Team does not receive compensation for any posts.Β  Information is deemed reliable but not guaranteed.Β Third party information not verified.

Published by

Sabrina Caton - The Caton Team Realtors

Sabrina is a native Californian born and raised in the Silicon Valley with a passion for Residential Real Estate and writing. Sabrina is partnered with her mother in law Susan - together they have 35+ years local experience. A full time Realtor Team with Berkshire Hathaway HomeServices - Drysdale Properties out of Redwood City. The Peninsula is our backyard - let us help make it yours. We represent Buyer’s and Seller’s throughout the Bay Area. Effective. Efficient. Responsive. What can The Caton Team do for you?

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.