Comments on: Home-Buyer Activity Picks Up in the Bay Area http://blog.redfin.com/sfbay/2009/11/home-buyer_activity_picks_up_in_the_bay_area.html Redfin Bay Area Sweet Digs Tue, 07 Feb 2012 16:59:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Matt http://blog.redfin.com/sfbay/2009/11/home-buyer_activity_picks_up_in_the_bay_area.html/comment-page-1#comment-9817 Matt Mon, 16 Nov 2009 03:08:41 +0000 http://blog.redfin.com/sfbay/?p=6607#comment-9817 Look at the inventory charts for areas in the mid-penninsula. The inventory continues to increase and is much higher in most locations compared to last year. Even if the sales go up, if the inventory goes up at a faster rate then housing prices will continue to fall. It is supply and demand. Look at the inventory charts for areas in the mid-penninsula. The inventory continues to increase and is much higher in most locations compared to last year. Even if the sales go up, if the inventory goes up at a faster rate then housing prices will continue to fall. It is supply and demand.

]]> By: Hibryd http://blog.redfin.com/sfbay/2009/11/home-buyer_activity_picks_up_in_the_bay_area.html/comment-page-1#comment-9809 Hibryd Mon, 09 Nov 2009 15:23:30 +0000 http://blog.redfin.com/sfbay/?p=6607#comment-9809 They not only extended the credit limit, they opened it up for higher incomes and now second-home buyers. Whether this will result in more buyers or more homes on the market, who knows? They not only extended the credit limit, they opened it up for higher incomes and now second-home buyers. Whether this will result in more buyers or more homes on the market, who knows?

]]> By: insidesfre http://blog.redfin.com/sfbay/2009/11/home-buyer_activity_picks_up_in_the_bay_area.html/comment-page-1#comment-9804 insidesfre Sat, 07 Nov 2009 01:12:30 +0000 http://blog.redfin.com/sfbay/?p=6607#comment-9804 I think things are calming down in the economy. My San Francisco open houses have been very busy with what I'm perceiving to be very qualified buyers. The real estate market will start slowing down between Thanksgiving & mid January, but I don't expect buyers to disappear. My advice to buyers and sellers is to go with the flow, and expect lender delays in escrow. I've had really good luck with sales closing on time, but it's always best to expect the worst. I think things are calming down in the economy. My San Francisco open houses have been very busy with what I’m perceiving to be very qualified buyers. The real estate market will start slowing down between Thanksgiving & mid January, but I don’t expect buyers to disappear.

My advice to buyers and sellers is to go with the flow, and expect lender delays in escrow. I’ve had really good luck with sales closing on time, but it’s always best to expect the worst.

]]> By: MikeW http://blog.redfin.com/sfbay/2009/11/home-buyer_activity_picks_up_in_the_bay_area.html/comment-page-1#comment-9803 MikeW Fri, 06 Nov 2009 21:35:19 +0000 http://blog.redfin.com/sfbay/?p=6607#comment-9803 Another reason is likely the fact that last September was the collaps of Lehman, etc., which probably supressed activity making this years numbers even more dramatic. Another reason is likely the fact that last September was the collaps of Lehman, etc., which probably supressed activity making this years numbers even more dramatic.

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