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Follow on Google News | Foreign Investors: Good Time for Homes in San Francisco Bay AreaThe real estate market is heating up in many areas of the Bay Area.
By: Jim Hilgendorf One example: Lafayette, California. Lafayette is a community east of Oakland, just over the Berkeley Hills in the East Bay. Lafayette, with a population of about 25,000, has a small town atmosphere. It is a popular destination for home buyers because of top rated schools, a low crime rate, mild climate, and easy access to other parts of the Bay Area. Lafayette has its own Bay Area Rapid Transit station (BART), and it is only about a 25 minute BART ride into the heart of downtown San Francisco. There are a variety of excellent restaurants in town. There are oak trees on the hills around. Homes, especially those selling under $1 M, are going fast. They often involve multiple offers. There is now a shortage of inventory. Luxury homes in the $2 M+ range are selling a little slower. This is a short video about the community: http://www.youtube.com/ There are other communities in the greater San Francisco Bay Area that are experiencing a similar trend. What the future holds, no one can say for sure, but interest is definitely picking up in many areas. The Matchmakers is a real estate company specializing in beautiful homes in the greater San Francisco Bay Area, France, Italy, and Mexico. The company is also part of a network of top trusted agents throughout California and across the United States and Canada. The Matchmakers website is at: http://www.thematchmakers.org. End
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