More Experts Agree--Buy a Home Now.

More Experts Agree--Buy a Home Now.

Two weeks ago I quoted Burton Malkiel, the author of A Random Walk Down Wall Street whose Op Ed appeared in the Wall Street Journal.

"The U.S. housing bust has made the single-family home an extremely attractive investment. House prices have fallen sharply, and 30-year mortgages are available for people with good credit at rates below 4%. Housing affordability has never been better."

Another very smart, independent real estate economist and UC Berkeley professor and chairman at the Fisher Center for Real Estate and Urban Economics at Berkeley, Ken Rosen, recently said this about Califoria real estate:

"We're going to see prices stabilize." "It's already happening in pockets like Silicon Valley and San Francisco. If you want to buy a house, it's probably the best time in California in 30 years."

Bingo. 'Best time in 30 years'. That quote appeared in a San Jose Mercury News article discussing Bay Area real estate. I would say the same thing because I believe those quotes, but it doesn't have the same gravitas when I say it. Actually, I think Professor Rosen's opinion may be about nine months tardy.

Lloyd Binen

Realtor/Broker/DRE 572654

Certified Realty Services

19200 Shubert Drive

Saratoga, CA 95070

Certified Residential Specialist (CRS); Graduate, Realtors Institute

408-373-4411 or e-mail