Foreign Investors: Good Time for Homes in San Francisco Bay Area

The real estate market is heating up in many areas of the Bay Area.
 
 
May 3, 2012 - PRLog -- If you are a foreign buyer and looking to invest in a home in the San Francisco Bay Area for personal or business reasons, or as a vacation home, the real estate market in some areas of the Bay Area is beginning to heat up.  

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/watch?v=a9KQwjYs7h4



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.
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Source:Jim Hilgendorf
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