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San Francisco Bay Area
Reply to "What don't I understand about the Bay Area real estate market?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I met in law school in the Bay Area 25 years ago and our DD will be going to get a PhD. We've been fantasizing about relocating from Washington DC[b] to stalk the child.[/b] Looking online, it seems that we could trade our $1.5-2M house in DC for a Berkeley Hills house with a view or a small renovated rowhouse in a sunny part of SF. We don't care about schools, don't need to commute (except to the airport) and we want to downsize. The listings we find seem much nicer than our current house. In Manhattan, we'd be looking at 1BR apartments. It seems too good to be true, especially in light of the stories about how insane Bay Area housing is. What are we missing? Are the list prices unrealistically low and every house sells $1M above asking? Do sellers expect cash buyers who can close instantly? What's the catch?[/quote] WUT?[/quote] I assume OP is poking fun at herself or being sarcastic.[/quote]
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