As there are many new wealthy people in the Bay Area, they will be going after housing surrounding San Francisco. We’ve seen many new wealthier clients move to the East Bay from San Francisco and the Lower Bay Area. Just as there was a steep incline of wealthy individuals moving to Oakland a few years ago, they are now spreading out to surrounding areas, including San Pablo, Richmond, El Cerrito, El Sobrante, and Pinole, and many other areas in the East Bay.
If you are looking to upgrade to a larger home or downsize, 2020 will be a great year to sell your property and purchase a new one. Because of low mortgage rates, more people are offering higher down payments to keep their monthly payments low. This is great for sellers, who can invest that money into a new home or other investments.
If you have questions about selling your home, please do not hesitate to contact us
for a consultation. We’re happy to help you with your home investment!