for more, real estate expert herman chan from luck's sf homes joining us live this morning. thank you for joining us. >> how do you do? >> so is this a good time to buy your first home? >> absolutely. right now, interest rates are so low, it's phenomenal. people have been saving all this money since the crash, people are sitting on these huge down payments. now is the time to strike. however, it's difficult now because everyone is thinking the same thing. >> right, now we have competition. >> that's right. it's very difficult to get into a home now because the inventory is so tight and it's like piranhas out there. it's a jungle, but all hope isn't lost. >> looking around the bay area, what are the best places to kind of focus on right now, if you're thinking about buying a starter home? >> all comes down to what you can qualify for. everyone would love to live in the city, but the average sales price is 700-some dollars. it really comes down to your needs. your school district, commute. not that easy of a question to answer. be true to you. true to you. >> understandable. c