A phone dialogue between myself and a Buyer:
Me: I checked on the listing you emailed me on the house in Bernal Heights. It is open this evening 5:00-6:30PM and taking offers tomorrow by 5:00PM. It has been on the market for 6 days and I am quite sure the house will sell way over asking. Can you drop everything right now to see the house? I can pick you up in 20 minutes.
Buyer: Well, I guess not. I was really trying to stretch my imagination to Bernal Heights, but it just isn’t me. It isn’t my neighborhood. I wanted to know more, but it is an extra trek to work. It sounds ridiculous to say Bernal Heights is 10 blocks too far away, but that is how I feel.
Note: These comments are coming from a buyer who grew up in Los Angeles and went to UC Berkeley. San Francisco appeals to people who are tired of suburbs and love feeling the pulse of the city.
When people move to San Francisco something happens. They develop a powerful connection with a neighborhood and feel they must live in that neighborhood no matter what.
As I was thinking about this conversation I began reading the real estate news and came across this comprehensive article about San Francisco adding 150,000 more people. I think it worth a read.
Immediately I found myself thinking. If buyers are concerned about paying too much for a home now in the neighborhood of their choice, they should read this article. Then they should give themselves a kick in the pants and buy a small home or condo today if they can’t afford a big one and be happy they bought their home in a location they loved. If they wait, it may be back to the suburbs for their family when they are priced out of the market. 25 or 50 miles is really a long way out of town. 10 blocks is just a short walk.
Would you like help in selling your home or your search for a home? Would you like to try CleanOffer? If so, please e-mail me at firstname.lastname@example.org or call my cell 415.608.1267 www.caroleisaacs.com. Find me on Facebook at San Francisco City Living or follow me on Twitter @caroleisaacs and stay up to speed with the best of the city.