Is NOW a Good Time To Buy?

When someone asks me, “How’s the market?” I sometimes want to say, “Please finish the sentence..for WHOM?”

If it is totally great for buyers can it really be totally great for sellers?  I see some so called real estate “experts” saying it is always a good time to buy or a good time to sell.

It is “good” if the balance of inventory and demand favors you.  For two and half years we were in a red-hot seller’s market.  Then six months ago it started shifting to a balanced market.  It is now a “buyer’s market”.  Pretty much everywhere across the valley.  Will that trend continue?  I don’t know, my crystal ball is so cloudy just now.  What I do know is if the question is now a good time to buy – with inventory now high and current demand low – it is an easy question to answer.  And I suspect you have already answered the question too.