Are You Waiting or Deciding to Buy a San Jose, Calif. Home?
By Michelle Carr Crowe, Silicon Valley real estate sales expert
Waiting to buy a Silicon Valley home in San Jose, Cupertino or Saratoga is easy. Constantly analyzing data can keep buyers in the comfort zone of "thinking about buying a San Jose home" instead of the more tension-filled "deciding to buy a San Jose home."
Analysis can lead to paralysis. As Ben Franklin once famously said, "The worst decision is no decision at all."
Be aware of your own behavior. Recognize that deciding to buy a home in Silicon Valley is hard, whether buying a home in San Jose, Saratoga or Cupertino. It's a big decision.
Ask yourself if waiting instead of acting to buy a Silicon Valley home is just an excuse to procrastinate or avoid making a hard decision.
Buyers say I'll wait to buy a Silicon Valley home until
1) tomorrow
2) the rates are lower
3) the prices are lower
4) more San Jose homes come up for sale.
Right now I know dozens of buyers who tell me they wish they bought a Silicon Valley home
1) yesterday
2) when rates were lower
3) when prices were lower
4) when fewer competing buyers were in the market
5) when fewer all-cash, no-contingency buyers were competing for the same homes.
For every Buyer who was waiting until Silicon Valley real estate prices hit bottom…I have a helpful secret to share with you.
Do you want to know how you can tell that Silicon Valley home prices hit bottom?
It's when the prices go up, which is the state we're in now.
So are you waiting to buy a San Jose home...
or deciding to buy a San Jose home?
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