February 16, 2017
Unless you live in a wooden shoe, you may have noticed the sharp increase in people, traffic, and development happening in the Bay Area. Perhaps the fact that we are the center of the tech world is to blame for the ever growing rate of tech hires, and people flooding the area. At any rate, it’s not hard to see that our bubble is bursting with the need for more housing and fast. Thousands of rental units have gone up in the past couple years, and there are thousands more in process. Because there is so much competition for housing, and people are making high salaries, monthly rental prices keep rising. It is rare to find an apartment that is rent controlled, as landlords are living the high life with a line of eager rental applicants willing to pay outrageous prices. While this may sound like a dreary outlook, it is actually a great time to buy or sell!
Beat the high rent and buy a home. Here is how you might benefit:
Already a homeowner? It might be a great time to cash it all in:
So, whether you are a homeowner or a home buyer, it could be your time! Join the plentiful Bay Area. Find your place here today!