Housing Market Update For San Francisco
The convergence of several factors has brought the real estate market in San Francisco to new heights and new lows. The second quarter of 2017 saw unprecedented buyer activity, but a drop in inventory. The results were the lowest supply of homes in two years, but the shortest days on the market – good news for both Sellers and Buyers.
According to a blogger for Pacific Union, we can look for a resurgence of business this Fall after a slow down during the third quarter. Some potential home buyers, who have been undecided, may be motivated to make a move because of the prediction of higher interest rates in the coming months.
If you find your perfect replacement home before you even list your own, consider a short-term bridge loan to make your offer more attractive. This loan program may allow you to capture the deal without the stressful back- and-forth of contract negotiations.
Sun Pacific Mortgage is confident that we can provide you with unparalleled service and assist you in getting into the home of your dreams regardless of your borrowing difficulties. Please give us a call at 707-523-2099 or email me.
Visit our San Francisco Hard Money website: www.sanfranciscohardmoneylenders.com