Is the San Francisco Bay Area real estate market overpriced right now? Do you think prices will continue to go up indefinitely? Any chance of it going down? Feeling like buying a home is forever out of my reach.

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Look at a historical graph. Indeed expensive, but trajectory rarely reverses, just stabilizes at best. You’ll need to get in the market at some point if you want to afford to stay here.

likehelpful

If you can make it work get in the housing market now. The sooner you're in the sooner you have the equity needed to upgrade to a better house. SF won't ever go down because it's got geographical constraints working to its advantage. If you look at the historical rates housing has always stabilized but it rarely drops (and when it does it comes roaring back).

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RE alwayz moon

Unless SF becomes a less desirable place to live then RE prices will continue to rise

If inflation is 7.5%, well… home prices typically rise with inflation

Get in the market if you can. Buy a small condo or a fixer upper. Google house hacking. It might be a good option for you.

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