Real estate
Is it a good time to invest in a townhouse in Bay area? TC 200 with good savings Update: this question is more about understanding the chances of market crash and if it's a good time to invest in real estate or not. Also I'm a first time home buyer so whatever I'll buy will be my primary residence
Too dangerous
What is your budget?
I have good savings so I'm looking for something under 1M
That exists?
Not with that tc
No
Townhouses are not as good investments as SFH. When the crash hits this is the order of decline: condos > townhouses > SFH (single family home)
This makes townhouse a safe bet.. sfh are expensive if they are close to Bart/caltrain
Why does it matter if you arent gonna sell during recession?
Not with Bay Area TH in top school districts
Elaborate please
I will buy a TC as primary residence if that how much you can afford. Won’t invest in TC in the Bay
I would wait a few months as interest rates are going up and home prices are being reduced because of it
Buy now
Do u want to sell it in one month ? If not it’s always a good investment for long term