Would you buy in the Bay Area right now?

[Noel Pregot]

I’m an absolute newbie. My wife and I live in the Bay Area, and we’re looking to buy our first property. Currently, we’re seeing homes being sold for 20%+ of the asking price. Crazy!

From one end, we see interest rates super low, but prices are going up. In contrast, when interest rates will go up, prices will hopefully go down.

But what do you think? Should we wait? Does it make sense to buy anyways? How do you think the real estate market is going to look after pandemic?