You might say, “Well, Cynthia, of course that’s your answer because you’re a San Francisco real estate agent and, according to San Francisco real estate agents, NOW is always the best time to buy.”
True. That’s because, as a longtime, full-time REALTOR®, I’ve witnessed the market’s reliability for 28 years: Up close and personal. Through several economic cycles. Helping hundreds of individuals buying hundreds of homes.
At the outset, purchasing property in San Francisco is especially daunting. Prices are ungodly. Competition is fierce. Doubts are plenteous. Yet in hindsight nearly every SF homeowner will tell you that purchasing their home was the wisest, luckiest investment they ever made.
This scenario assumes owner occupancy and a hold of at least five years. But nothing will pay if you don’t play. Nothing will happen if you sit on the sidelines awaiting clear confirmation that NOW is the optimum time to buy.
Which brings up an important point: Buying a home in San Francisco is a sound investment, regardless of the exact timing. But it’s much more than an investment. It’s your HOME. It’s the place where you sleep in on weekends, empty the kitty litter, entertain friends, gargle saltwater for a sore throat, change kids’ diapers, plan vacations, argue with your husband, make up with your wife, unload groceries, take out the recycling, pay the bills, soak in the bathtub and putter in the garden.
So. If you want to enjoy a profusion of colorful tulips in April, you’ll need to plant those bulbs soon. Time to start shopping for some dirt. Now!
Cynthia Cummins is a Top Producer and Partner at McGuire. For info on SF real estate visit CynthiaCummins.com. For more refreshing and humorous perspectives on residential real estate visit RealEstateTherapy.org A version of this post originally appeared as an answer on Quora.