Archive for December, 2008

Good time to buy real estate in the east bay…

Where?  Concord, Antioch, Richmond, Benicia, Walnut Creek, Pleasant Hill, Martinez.  These are great places to purchase real estate if you are interested in living in the East Bay.  Prices have dropped over 30%, and most of the three bedroom/2baths single family homes are less than $3-500k.  A few areas are close to bart line and not too far away from the city.  Lafayette and Orinda have not dropped too much, but it’s a good time to buy either a rental property or you can live in it for 2 years and rent it out after.  Rent may likely cover the mortgage if you spend a little time to do some research.

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