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Private financing and gifting in purchasing a home

The Bay Area real-estate market has become a challenging market for buyers due to several important developments.

First, we have a record low inventory of homes for sale in all of the Bay Area counties, caused by increased tax rates, lower unemployment, Proposition 13 and a lack of move-up sellers.

Second, we have much more stringent lending rules imposed on borrowers than in the past.

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Why you aren’t selling your home

There are major socioeconomic forces at work in keeping the inventory of property in the Bay Area at historic lows and in many cases prices at historic highs. Understanding these forces will make you a more informed buyer or seller.

There is a natural inertia against change: It is a part of our nature, but when you add in powerful external forces it influences would-be sellers to delay selling in some cases until death and beyond.

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