Just starting to think about buying a home? If you’re like most people, you’ll be looking at online listings of homes for sale here in Silicon Valley to see what they cost and how they look. Viewing homes for sale and the list prices is a good thing to incorporate in your first steps to assess the cost of home buying, but there are more data points to be used to create a sense of what it will cost to get the kind of home you want (and where you want it), or, coming from the financial side, how much home your money can actually buy. Misreading the market, or not understanding the odds of success, can lead to frustration and a slower “learning curve”, and that can be expensive in an appreciating market! Today I spent a few minutes explaining how to get a better handle on home prices in the video below. I hope it will be helpful to folks in the San Jose – Los Gatos – Saratoga area who are just getting into the market now.
If you are interested in home buying and looking for a seasoned Realtor to assist you, please reach out to me with an email or a phone call.