Realtors in san Francisco Bay Area

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Realtor San Francisco Bay Area
2011-03-09 14:03:20 octavdiam

At the beginning of this new year like any other professionals, as a Realtor San Francisco Bay Area I'm
looking to the lead indicators of the economy to try forecasting where the real estate market is going this
year. Lawrence Yun, National Association of Realtor's chief economist, said in a statement, "Modest gains
in the labor market and the improving economy are creating a more favorable backdrop for buyers,
allowing them to take advantage of excellent housing affordability conditions. Mortgage rates should rise
only modestly in the months ahead, so we'll continue to see a favorable environment for buyers with good
credit."

Based on these premises, in its latest real estate and economic forecast, the National Association of
Realtors anticipates that sales of existing homes, after falling 4.8 percent in 2010, will rise 7.9 percent this
year, to 5.3 million, and another 4.5 percent in 2012, to 5.53 million. After Bay Area sales declined for four
of the five previous months, numbers showed an uptick in December, with a month-over-month increase
in five of six Bay Area counties.

But compared to December 2009, when a first-time home-buyer credit was in full effect, sales were still
light – as any Realtor in san Francisco Bay Area saw last month. And these statistics are just statistics,
meaning representations of averages over time periods and places aggregated in areas. What is truly
relevant for a homebuyer or seller is the specific information about a unique location, a "spot" on the map
where he or she wants to live. Online anyone can find such a wealth of information about anything one
can imagine, including Real Estate information.

But all this information will amplify the question marks like "is the housing market stable now, after the big
crash 3 years ago?" or "are the prices of houses going to rise as the economy is picking up?" or… let's
say " is it the right time to buy now, or should I wait and rent for a couple more years?" As your REALTOR
in San Francisco Bay Area I will give you the correct answers to all these questions and much more,
through my periodical newsletters and reports, or specific information found on my website
www.erealtyone.com and through my market trends report on the latest market activity directly from the
MLS, sent to you by email.

To help your property search become more productive, visit often my Realtor in San Francisco Bay
Area website www.erealtyone.com. You'll find many great tools – like live marketplace updates, search
new listings for sale and neighborhood information, learn more about the location in the San Francisco
Bay Area where you want to buy your home. I will work diligently on your behalf to complete your
transaction in the most advantageous terms for you and with less stress and time consuming activities
related to home search and home buying.

After these almost three years of stagnant sales in the San Francisco Bay Area, this beginning of the year
shows signs of real estate sales rebounding, while prices continue to stay flat. NAR expects that 30-year-
fixed mortgage rates will average 5.1 percent this year, up from 4.7 percent in 2010, and rise to 5.9
percent in 2012.

So right now, if you're planning to own a home here in the Bay Area is a great time to start by calling me,
your REALTOR in San Francisco Bay Area - Realtor San Francisco Peninsula, at (650) 558-5208.

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