
Pink Tree up close and personal
OK. I haven’t retired. Quite the opposite, I’m hoping to expand my sphere of influence this year. So I asked everyone I talked to for a story of their most memorable April Fool’s prank, since none stood out in my mind.
My favorite April Fool’s prank: A freshman in college co-ed calls her mom to share the ecxiting news that she and her boyfriend went to Vegas. Her mom rationalizes, “Well, she is 18 now…” “And Mom,” the daughter continues…”we got married!” The mother feels a hallow, sickening movement in her gut and passes out.
Do you have a memorable April Fool’s prank? If so, I’d love to hear it. Just as I’m sure you’d like to hear what I have to say about our market.
Well, as someone who has been working in San Francisco, specifically on Potrero Hill, since 1994, I’ve seen the ups, and now the downs, depending on your perspective. What I mean is, if you don’t have to sell, you may want to wait, but if you want to sell, don’t wait another minute. If you want to buy, start looking now and don’t give up until you find something this year. Translation, “Sieze the moment!” And it seems to be true for both parties, almost the “perfect storm” of real estate.
For sellers, I think now is one of the best times we’ll see in a quite a while, say a year or two, give or take. Can you afford to hold on for another year? For buyers, if you can now, buy. If you can “almost” buy, start looking and you’ll find what you seek. Interest rates are still historically low, but all logic says they have to go up. Then there’s the first-time home buyer credit from the Feds and/or from California. And the end to SOME stimulus programs in June.
Good jobs report today. That’s encouraging. That and what I hear from those in other industries. Advertising, PR, legal positions all hiring, from what I hear. Hopefully that’s contagious.
Looking forward to spending Easter with my family.
Cheers!
Michelle