What If I Buy at the Top of the Market?

It’s one of the most common fears I hear from buyers across Menlo Park, Palo Alto, and the greater Silicon Valley: “What if I buy at the top of the market?” In a region known for fast price swings and fierce competition, that concern is valid. No one wants to make a major investment only to see home values dip. But here’s the truth—most people asking that question aren’t looking to flip a home in the next 6 months. They’re looking for a long-term place to live, grow, and build equity. And for those buyers, timing the market perfectly isn’t nearly as important as buying wisely with the right strategy.

The market can feel intimidating. News headlines fuel anxiety, friends offer conflicting advice, and the fear of making a mistake can be paralyzing. But instead of trying to predict market highs and lows, the better question is: how do I make a smart decision no matter where the market stands? That’s where I come in. I’m Lisa Lum, a local realtor serving San Mateo County and the Peninsula. I’ve guided buyers through multiple market cycles, helping them build wealth, protect their investment, and move forward confidently—even in uncertain times.

Here’s the approach I use with my clients. First, we focus on long-term value. That means choosing a home with a great location, strong schools, and desirable features that will hold appeal over time. Next, we look beyond the purchase price. A strong offer isn’t just about money—it’s about securing favorable terms, negotiating credits, or structuring timelines that protect you. We also model different financing scenarios to make sure your monthly costs are comfortable now and sustainable later. And finally, even if you don’t plan to sell soon, we evaluate the property’s resale potential to ensure you’re buying something that holds long-term demand.

So what happens if prices do dip? Historically, Bay Area home values tend to bounce back. In fact, most homeowners who hold their properties for 5 or more years see meaningful appreciation—even if they bought during what felt like a peak. I’ve seen it firsthand. A couple we helped in 2021 purchased during what many called an overheated market. Prices softened briefly in 2022, but by 2024 their home had gained over $600,000 in value. They didn’t panic. They bought with a long-term view, and it paid off.

The bottom line is this: you don’t need to wait for the “perfect” market. You need a plan, a strategy, and a guide who understands this market inside and out. If you’re ready to explore buying in today’s market—or just want clarity on your options—I’d be happy to help. Let’s talk through the numbers, trends, and opportunities that make the most sense for your situation. Whether you’re buying next month or next year, you deserve to move forward with confidence.

Schedule your 15-minute strategy call today to get personalized guidance, market insights, and a no-pressure game plan for your next move.
Reach out at (650) 668-1868 or lisa.lum@cbrealty.com

Your next smart move starts here.