Many people I know are waiting for the bottom of the Marin real estate market to purchase a home. “If I hold out, perhaps I can get a better deal,” they say.
Well, I wouldn’t pin your tail on it. Fellow real estate blogger Tracey Thomas in Calabasas, CA just wrote a fabulous post about waiting to buy at the bottom of the real estate market. Tracey has a great visual to demonstrate the bottom of the real estate market, versus prices going back up.
In Marin County, people who wait too long to purchase real estate may find prices and demand are on the upside- this means negotiations are not going to be as favorable to the buyer.
A lot of buyers are sitting on the fence right now. If you are a buyer sitting it out, think about jumping back in before the other buyers do. Increased demand=increased prices. If you can find the right home, now is a great time to buy in Marin.