I’ve been house-shopping in South Bay at Zillow and see that they forecast home prices to go down until at least mid-2020.
But my guts tell me prices will only go up with a lot of companies going IPO this year.
I have $540k in savings and looking to do down payment of $500k on a $900k 2bd, and rent out one bedroom.
TC is $215k and base is $160k.
Should I buy now, or keep renting till next year and see what happens next?
2. Why not just a 1bdrm?
3. Do what you want. Renting will almost always be the better option in the Bay area unless your considering the very long term