Central Station

The Bay Area's Newest Destination

Tuesday, January 29, 2008

John Doe? Not for Long...

With interest rates at near record lows (and actually at record lows with our opportunities for 4.99% Forty Year Fixed, Assumable Financing), and rents rising 9.4% in the Bay Area, over 14% in San Francisco, and 16.3% from 4 years ago, maybe the time has come where it makes some serious sense to start investing in your home instead of your apartment.

Part of this jump in rents is attributed to the strong Bay Area economy, and part is is attributed to tough times for buyers getting financing...but with 4.99% Forty Year Fixed Financing secured, and hopefully a soon to come boost to the conforming loan limit of $417,000, that piece has the potential to become a whole lot easier and more attractive.

Say goodbye to John Doe - As the Pacific Cannery Founders are taking shape, real faces, real homeowners, real entrepreneurs, and real community are coming. They're investing in themselves and making the decision to start having their monthly payments work for them, not against them. Now is a good time to take a look at a rent vs. buy analysis.......here are some of ours.....and here is a chance for you to do your own.

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