Bay Area with Two of the Top Cities to Buy a Home in 2009

I came across this article from The Real Estate Bloggers, Top 10 Smart Markets To Purchase A Home in 2009, when doing some reading this past weekend.

San Jose and San Francisco Two of Best Housing Markets in US

The smart money is indeed moving back into real estate and Forbes Magazine asserts that San Jose, San Francisco and Sacramento are in the top ten markets in which to buy a home. We have been saying that in 2013 many, many people will lament they did not buy a home in 2009. Already, we are seeing a bevy of investors searching and buying bank owned (REO) homes at very attractive prices.

San Mateo County Housing at Its Most Affordable Levels in Decades

Housing prices are as low as they have been this decade and interest rates are at historic lows. As the pent up demand builds – particularly on the San Francisco Peninsula (San Francisco – San Mateo – San Jose) where we have an acute shortage of buildable land, abundant supply of quality, well paying jobs and well-performing schools – and consumer confidence grows, savvy home buyers will jump back into the market. By the time the media catches on, the rebound will be well underway.

Read the original, more in depth article at Forbes.com We’d love to hear your thoughts.

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