Reply to What don't I understand about the Bay Area real estate market?

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[quote=Anonymous]12:42, thanks, I appreciate the detailed response. Lots of complications to consider. Our friends in SoCal tell us that renovations are cheap there, so its eye opening to read about the difference in NorCal. Also, I assumed that folks have all earthquake proofed their homes and we wouldn't have to put in shear walls and foundation and roof anchors, etc. Weird that folks would want to live in a house w/o that. Fire and mudslides I guess should be on our danger concerns too. Preparing to pay all cash seems sensible and possible. And only looking at listings that are half our budget seems a really smart idea.

What neighborhoods to consider? When we lived there as 20 somethings, I always liked the East Bay hills from El Cerrito to Montclair and areas like Crocker Highlands and Trestle Glen in Oakland.  Rockridge, Elmwood, and Claremont were favorites but I understand there's seldom anything to buy there ever. In the SF, I liked Noe Valley north to Japantown and Lower Pac Heights.     I assume the Mission and Portero Hill have been thoroughly gentrified too, right? [/quote]

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