Watch Video or read below

It doesn’t seem like that long ago that the nightly news was showing us pics of "foreclosure buses", matter of fact, for a while there seemed to house after house with a for sale sign ,  if you've followed my blogs, you will see a common thread…I’ve been saying for months that if you are a serious buyer, whether it be a home for you and your family or an investment property, the first few month of this year has been ripe with buying opportunities.  Really, think about it.... low rates, motivated sellers, high inventory and tax credits....and, on top that for homeowners with loans less than $729,750 in the Bay Area, it has been a great time to refinance.

But, and as I mentioned last week, the times....well they are a  changing.  I could give you a list of whys and wherefores, however, truthfully, right now I am focused on helping buyers buy (and negotiate there way through multiple offers) and homeowners refinance. 

You see, as I pointed out in my last blog, the number of sales are increasing monthly, inventory is falling dramatically, leading to shorter time on market , and, believe it or not multiple offers are becoming prevalent....that’s right multiple offers are no longer the exception in the under $750,000 price range.

Two quick stories.  I know an investor group that is buying homes in central valley communities, rehabbing them and flipping them  60 to 90 days. They’ve put half a dozen homes on the market in various valley communities in the past 45 days and all have sold for over asking  in a matter of days with multiple offers.

I’ve been working with an investor client who is looking for a good peninsula investment home. He mentioned (after we lost out in a multiple offer situation) that it looks like the window of opportunity is closing…and he makes a good point, closing but not closed.  If you are still sitting on the fence and are serious, I kid you not, this is really happening.

For some reason this is not the topic of the day for the media, if you really want to buy a home in the San Francisco Bay Area call me or you agent today....if you really want to refinance your home loan in the Bay Area, talk to you loan consultant or get in touch with me before rates go up. If your on the "fence" it's time to get off! 

Remember, you can search for Bank Owned and Short Sales at www.AllBayAreaBankOwned.com

All homes for sale can be seen here: www.AllBayAreaHomesForSale.com