“We should have bought then...” heard from home buyers in Berkeley CA
By Pacita Dimacali, Alameda/Contra Costa Counties CA
(Alain Pinel)
“We should have bought then...” heard from home buyers in Berkeley CADuring last Sunday’s open house in Berkeley CA, I had a chance to talk with some buyers with pained looks on their faces.After a while, one of them said “We should have bought then...” They started looking six months ago, even before the time that the market in the Bay Area CA started heating up around February 2012 in many cities in the county.The man said they decided to wait to see if prices will come down even more. But the prices didn’t go down. And the activity picked up. Now, they’re finding themselves in competitive situations and losing to cash buyers.Another couple overheard, and chimed in that they regret not having bought last year when they started thinking about buying a house. Yes, they said the same...
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