Buy SFH in south bay right now or wait?

[Madhura Gadgil]

Hi,

I am planning to buy a SFH in the South Bay. Should I wait for prices to settle down(if they will)?

Should I not wait and start actively looking? The inventory for SFH is also not much right now. Is there any projection that it will increase? Any help is appreciated?

Thanks,

Madhura

[Sergio Michel]

I don't see prices leveling out for at least a year. People are still migrating in and out of the bay because of remote working. Same with inventory still see it for less than a month. 

Be ready with financing when you make your offer. 

This for a investment or personal purchase?