Buy Now or Wait in 2026? Guidance for Silicon Valley Buyers

One of the most common questions buyers are asking right now is simple—but not easy to answer:
Should I buy now, or wait?

Here’s a realistic look at what buyers in Santa Clara and San Mateo County should consider in 2026.

Interest Rates vs. Home Prices

While interest rates remain a factor, waiting for the “perfect” rate can be risky. Home prices in Silicon Valley are largely driven by limited inventory. If rates come down, competition may increase—potentially pushing prices higher.

Competition Isn’t Gone—It’s Selective

Buyers today are more intentional. Well-priced, desirable homes are still attracting attention, while others sit longer. This creates opportunities for prepared buyers who are ready to act on the right property without the frenzy of past years.

Renting vs. Buying Locally

Rents in many Silicon Valley areas remain high. For buyers planning to stay long-term, purchasing can still make sense as a way to stabilize housing costs and build equity over time—especially when buying strategically.

Who Benefits From Buying Now

Buying now may make sense if:

• You’re planning to stay in the home for several years

• You want less competition and more negotiating room

• You’ve found a home that fits both your lifestyle and budget

Who May Want to Wait

Waiting could make sense if:

• Your job situation is uncertain

• You’re still building savings

• You’re unsure about location or long-term plans

Bottom Line:
There’s no universal “right time” to buy—only the right time for your situation. The key is understanding how today’s market aligns with your goals.

If you’d like to explore your options or run real numbers based on your plans, I’m always happy to help you decide with clarity and confidence.