What are BMRs?
Below Market Rate (BMR) Ownership Programs help first time homebuyers who are low, moderate, and middle-income. BMR homes are specified units in San Francisco sold at below market rate prices. This type of housing is provided through the Mayor’s Office to serve those who qualify.
Do I Qualify?
To qualify, you must meet specific income and first-time homeowner requirements.
Here are some helpful guidelines to keep in mind when applying for this program:
Some helpful information to keep in mind:
For more detailed info about Below Market Rate Ownership Programs, click HERE.
Any Questions?
If you have any questions regarding real estate, the housing market, or anything else, don’t hesitate to CONTACT US. Or if you’re looking to get into the housing market, we’d love to help. You can click HERE to schedule a free consultation.
Stay up to date on the latest real estate trends.
April 15, 2024
Exploring Retail Bliss: Unveiling Everything You Need To Know About Shopping in Richmond District.
April 15, 2024
Navigating Opportunities: Insights into the Richmond District San Francisco Real Estate Landscape.
Michelle Kim | April 1, 2024
Quick Take: Year over year, the median single-family home and condo prices rose across most Bay Area counties in February. Low inventory and high mortgage rates have b… Read more
Michelle Kim | April 1, 2024
Quick Take: Median home prices are slightly below peak levels across the North Bay with the exception of single-family homes in Marin, which are far below peak. We exp… Read more
Michelle Kim | April 1, 2024
Quick Take: The median single-family home and condo prices rose meaningfully from December 2023 to February 2024, up 14.1% and 17.9%, respectively. Year-over-year pric… Read more
Michelle Kim | April 1, 2024
Quick Take: Single-family home prices appreciated year over year in Santa Clara and Santa Cruz, up 20% and 4%, respectively. We expect prices to remain fairly stable u… Read more
You’ve got questions and we can’t wait to answer them.