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Well it's official. We've made our first offer. And received our first counter-offer. And to be honest my stomach is still turning at the thought of how much money 586 square feet really costs in this city. According to Zillow it's actually worth more than 84% of homes in the US. There is just something so wrong about that. And yet we're serious about the possibility of owning it.

Madness!

At least we had the presence of mind to stay out of the market in the first half of the year when things were really at their peaks. We have a sneaking suspicion that this is the extent of the "downturn" that will be felt in North Beach (unless the economy gets to a point where people start losing jobs) - the downturn here being that there are literally only three properties on the market right now that are remotely in our price range. I'm pretty sure that people try to hang onto North Beach property if they can because at the very least you can always rent it out at exorbitant rates.

Gah.

We are off to EXPO today. Probably not a good idea since we are trying to adopt an "I don't care if we get this place or not" attitude...but oh well, because you know what? Our apartment right now really is better located and laid out. The only problem is that we don't own it. So meh.

Labels: house hunters