Housing Update 8, Momentum

How’s Bay Area Housing Market Doing Now?  Are Buyers buying homes after rates have marched upwards? *Heard Weekly on the Bay Area's KGO-810am and KSFO-560am radio stations* What does Michael believe will happen with rates and is right now a good time to buy a home? And what exactly is Momentum? In this episode, dive into mortgage rate versus home appreciation, how long it takes a family to save up a 20% down payment as opposed to buying now with a 5% down payment and which method may be better looking at all the data. With all the data, it is easy to be distracted and do nothing. Join Michael Hatfield as he highlights owning your own home in lieu of renting, the rental market, and what is likely to happen next year in the Bay Area housing market as well as good reasons for his opinion. Keep up with today’s topics, interesting people and of course, real estate, each week as Michael Hatfield hosts the “Real Estate and MORE!” show.   The weekly Saturday show of 2 Episodes airs every Saturday on the San Francisco Bay Area’s largest am radio stations from 09:00am-10:00am on KGO810am and from 12:00pm to 1:00pm on KSFO560am.  The Michael Hatfield RE/MAX Team is an experienced broker choice for home buyers and sellers in the Bay Area. If topics of the day fascinate you, interesting people, or Bay Area real estate, you will not want to miss an episode. View the Michael Hatfield Homes Website or contact Michael directly via email. Show 12, Segment 2, originally aired November 4, 2023.