We’ve written lots of posts detailing the State of the San Mateo County Housing Market… Afraid to Buy a Home in the Current San Mateo Housing Market? Don’t Be!, Looking to Buy a Home in San Mateo County? and Waiting for the Bottom of the Market to Buy a Home in San Mateo County? all detail our opinion on the market – it’s a GREAT time to buy.
Why? – As we’ve said, the market has cooled off a bit, but economic indicators like the newly released figures on San Mateo County job growth remain strong. The facts remain simple: San Mateo County is a desirable area for people to live in **and** it has the economy to sustain the market.
So take a look at the Redwood City Daily News article “County job growth continues” and let us know what you think.
Looking for more information? Shoot us an email and we’ll send you back some more information about how to take advantage of the buyers’ market.
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Tags: san mateo county, san mateo county housing market, san mateo county information, san mateo county real esate
Raymond Stoklosa, Broker/Co-Owner
Chela Stoklosa, Realtor/Co-Owner
When you think about it, the housing market is only going to get better over time. When there is an abundance of an item (in this case houses) and few people that want them, the price will drop. This rule of supply and demand applies to everything including houses. I try not to get caught up too much in the whole doom and gloom attitude that gets projected at the public. You’re 100% right, now is a great time to buy!
Hi Todd,
Thank you for your comments. Isn’t it ironic that buyers are reluctant to buy in a “buyer’s market?” Their lack of urgency misses the major point of a buyer’s market, that is, the market forces favor the buyer-side in the purchase/sale equation. Negotiation leverage clearly places the buyer in a position of strength. As we have said, in five years many, many people will lament that they did not buy a home in 2009.
Look forward to hearing your comments in the future.
Raymond Stoklosa