Now Is the Time to Buy San Francisco, East Bay Real Estate

by Mike Teifel on January 11, 2010

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Ron Insana, a recognized financial expert, is saying now is the absolute best time to buy a home for both buyers looking to buy their primary residences and investors looking to buy foreclosures. He explains in the video clip why now is the time to buy real estate. The $6500 tax credit for existing home owners that he refers to in this video, requires that the property being purchased be the primary residence. And of course first time home buyers can receive an $8000 tax credit.
Homes in top Walnut Creek neighborhoods are available under $600,000. Home buyers and real estate investors are able to purchase Condos starting under $200,000 within easy walking distance to Walnut Creek and Pleasant Hill BART Stations and the popular downtown Walnut Creek shopping and restaurant district.
Many investors and first time buyers are finding real estate bargains in the outlying SF Bay Area communities of Contra Costa County. Newer homes in Antioch, Brentwood and Oakley are being bought up quickly. Foreclosures, Short Sales and Distressed, three thousand square feet, four bedrooms, three bath homes can be found for $300,000.
Luxury Estate Homes in Alamo of the San Ramon Valley that may need some work, used to sell for close to 2 million dollars are being snapped up sometimes close to 1 million dollars.

If you’d like to tour the best priced homes on the market, contact me at mike@thehomeseller.com

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