That is often the question. There are several factors to consider when deciding when to buy. The most important is your own personal situation. Is it a good time for YOU to buy a home. Are you financially prepared? Will you be staying in the area for the next several years? This is a good article, to help you delve into that.
The next important factors to consider are the current state of your local market and the current loan environment. Sonoma County is in a bit of a seller's market. This means that there are more buyers looking for homes than there are homes available. More information on types of markets here. It is looking like the local market is starting to level off, hopefully slowing down in the rising of prices. Keep posted for more information as it becomes available! The good news is that interest rates are still low and will only be increasing gradually. This will keep the cost of credit for buying a home more accessible.
I have not verified any information information contained in documents prepared by other people.
Heather Thurber is a Sonoma County native with a strong love for and knowledge of the local area. Running her family business for years, Paperbacks Unlimited, has given her extensive experience that she now brings to the real estate industry. She is highly skilled at working one-on-one with clients and will guide you through every step of the process, helping to make your path home as smooth and stress free as possible. A home purchase is often the largest purchase you will make in your life and Heather is 100% committed to providing excellent service and supporting you to make your best real estate decisions with confidence and clarity.