Bay area housing market

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WHxI52

Instacart Design

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Facebook, Apple, Nike, R/GA
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Dec 8, 2019 17 Comments

Is it a good time to buy a home? Looking at the East Bay like Walnut Creek, Pleasant Hill, Concord.. Tired of renting in SF, dont feel good about the schools here and want my money to go further for my family.

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TOP 17 Comments
  • Facebook public2
    Great time if you plan to live somewhere for many years. The internet rates are insane.
    Dec 8, 2019 6
    • Facebook public2
      What do you mean by suggestions? Take the lowest one, if two have identical rates take the one with the largest lender credit.
      Dec 8, 2019
    • Microsoft / Eng universale
      Interest not internet
      Dec 8, 2019
    • Facebook public2
      Haha yep sorry, obviously a typo. Interest* although I guess internet rates are also low too :)
      Dec 8, 2019
    • Facebook modnarrr
      Any insights on ARM vs fixed?
      Dec 8, 2019
    • Facebook public2
      Rates are almost identical. Inverted to flat yield curves so arms are only slightly lower than fixed. Not worth it imho at the moment as 30 year fixed rates are so low.
      Dec 9, 2019
  • Qualcomm libertarin
    It is time when you need a home. I don't trust the high stock market, so where to put your money
    Dec 8, 2019 2
    • Instacart
      YW3dg

      Instacart

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      YW3dgmore
      I don’t trust it either, sold most of my stock and want to put it into real estate. Which to be fair is also super inflated in the SF Bay Area.
      Dec 8, 2019
    • AOL CwXk65
      Insta, how much stock did you sell? 100k?
      Dec 8, 2019
  • Apple eijh41
    Good time to buy. Prices are already corrected and interest rate is the lowest.
    Dec 8, 2019 0
  • LinkedIn randomking
    Yes. Bay Area housing price are way to low still for what Bay Area is. Trust me
    Dec 21, 2019 0
  • If you work in SF, those cities you listed are good as they have BART (train) to SF. Will make your commute manageable.
    Dec 8, 2019 0
  • eBay ghfdyy
    Great time to buy
    Dec 8, 2019 0
  • Instacart
    YW3dg

    Instacart

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    YW3dgmore
    What about going with a big lender like Wells Fargo vs a credit union? Again, first time buyer and don’t know the process yet. Are there advantages to using either?
    Dec 10, 2019 1
    • Facebook public2
      Generally no. Both are desperate to lend so just have then compete. The exception is large banks will offer better relationship discounts in most cases.
      Dec 10, 2019
  • eBay ghfdyy
    Contact me
    Dec 21, 2019 0

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