Real Estatin' the Facts

House on Scale by Images Money A lot of my buyers have been feeling the pinch of rising rental prices.  Absorption rates for rental apartments have been generally rising since late 2008 as rental demand increased as a result of the housing downturn.  If you're curious, interest rates will have to hit 5.4% in San Jose for it to not make sense to buy if you're still on the fence of renting vs buying .   Despite recent volatility in consumer attitudes, housing recovery expected to press on - notably, home price expectations climbed significantly in February – with 50 percent saying home prices will go up in the next year. 

Confetti in the Blue Sky This post was inspired by current clients of mine who are open-minded and forward thinking, prompting the search for up and coming neighborhoods. Price is relative. When a client tells me that something is too expensive, or calls something cheap, I usually ask, "For whom? And compared to what?" Here's an interesting collection of  how one makes do in the Bay Area .