Reply to Moving to San Francisco. Help us settle our housing debate!

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[quote=Anonymous]Having been through a very similar relocation twice, one of them being San Francisco, I can tell you that your DH is 100% spot on, correct.  His line of thinking is very sound and backed by solid facts.

1) with the company paying your closing costs and moving expenses to your "final residence" - that is a HUGE HUGE savings.  literally thousands of dollars

2) Prices are going north, fast.  no end in sight to  leaps in home prices even in the far out suburbs.  Yes, eventually they will stabilize but not any time soon.

3) one year flies by fast, so even if you feel a little financially squeezed at first you will get used to your "new normal" pretty quickly

4) Interest rates are sort of stable for the time being, but will be headed up soon. if not September, then sometime 2016 at which point you will be totally priced out so it won't matter.

If you do your research, and have a really good agent - you will find the neighborhood and house that works for your whole family.  And if you end up not liking it, you can very easily sell it....with multiple offers.

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