Oh my goodness, welcome to our cozy little hater’s guide! Please excuse the lack of complimentary bottled water and Pirate’s Booty out on the kitchen island. My name is Drew and, just like last year, I’ll be your tour guide to the Bay Area real estate market. Between you and me, it’s a very scary market. It’s expensive, and you won’t know if you just bought a house next to a P.F. Chang’s ghost kitchen until you smell the lettuce wrap fumes wafting through your bedroom window at midnight.
This time around, I zeroed in on a couple of areas: the dreaded downtown San Francisco, which is not a competitive market for reasons you’ve perhaps read about, and the nearby suburbs, which have the opposite problem. I toured dozens of homes. I talked to agents. I talked to buyers. I pored over the data. I walked the streets of downtown San Francisco ALONE, without a security detail flanking me. Brave. And I gawked at a LOT of spiral staircases. In the process, I got an idea of what’s attainable for homebuyers in the Bay Area, whether they live here already or own a tour company in Boston (like one buyer I met).