Why are more people not buying

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With the way the Real Estate market is at this time, people are looking to rent instead of buy.  Why?  I ask……There are many homes on the market right now that are fantastic prices.  With today’s interest rates at an all time low, you can lock in a rate at near 4%, get your dream house for half of what it was 4 years ago, and live in this great state.  We are showing homes and putting in offers on homes that are getting bid up again.   In Antioch recently, my business partner received 5 offers on one house, two of them cash.  I put in offers recently in Antioch, Hayward, and two in Santa Clara and got outbidded.  People should really take a look at what they can get in a house before it is too late.

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