Buyers opportunity

I have definitely seen more buyers vying for homes as the year has been progressing.  I have also been running scenarios on renting vs. buying in some areas and the numbers work out great!  I have a 2 bedroom/1.5 bathroom condo in the Alum Rock area – with 25% down there is a positive cash flow if an investor snapped it up.  But a renter-turned buyer with 20% down could also be getting the benefits of homeownership at the same price as renting – meaning they would have tax advantages so they would be ahead of the game. Continue reading