Buying a home in the Bay Area may be getting slightly easier.

The frantic pace of Bay Area home sales have slowed a bit and may mean potential buyers see more homes for sale and potentially enjoy lower prices.

That’s the latest word out of desirable areas, including San Jose, where home availability has increased by 43 percent. Elsewhere in the greater San Francisco metro area, inventory is up by 25 percent this year, according to a study by Zillow.

It wasn’t too long ago that inventory tightened, and competition soared, leaving would-be buyers in real estate limbo. That’s no longer the case. The sudden shift toward a more buyer-friendly market provides a greater window of opportunity. And while buying a home in the Bay Area is still competitive, it may be more attainable than in recent years with good preparation and a strong mortgage partner.

Jumbo Loans remain indispensable for the Bay Area home buyers. The availability of Jumbo Loans with various financing options to meet all buyers’ qualifications have grown substantially. With a Jumbo Loan, buyers also enjoy the flexibility of opting for a fixed rate or an adjustable rate and various options for qualifying. If you haven’t been pre-qualified in a while it’s worth a conversation with your Guarantee Mortgage loan officer to explore the options.

The time may be now for individuals and families yearning to buy a home in the Bay Area. Guarantee Mortgage offers MANY options besides Jumbo Loans, including VA Loans which have qualification enhancements for our Veterans!

These favorable conditions help buyers, especially with the backing of Guarantee Mortgage’s knowledge of the area and unique financing programs.

*The views, articles, postings and other information listed on this website are personal and do not necessarily represent the opinion or the position of American Pacific Mortgage Corporation. For more information please visit our Disclosures page:  apmortgage.com/disclosures