We're seeing the first signs of trouble in San Francisco's red-hot real-estate ...
In a note to clients on Friday, analysts at Morgan Stanley led by Vance Edelson wrote: "The tech IPO slowdown has stoked concern that San Fran, one of the hottest real estate markets, could be ready for a pause." Specifically, Edelson and his team look ...
Is San Francisco Real Estate Losing Steam?
I'm helping my mum buy a house at the moment and most of the real estate agents have been pretty good, but today we dealt with a real idiot. First, a little set up.
There will be 4 people living in the house: my mum, my grandmother, my husband and me. I'm my grandmother's full time carer and my husband and I can't afford a place of our own with room for grandma, so we live with my mum. As a result, we're after a 3, preferably 4, bedroom place. Either my mum or I have explained our situation to every real estate agent we've contacted. Most agents actually listen to us, but this guy today was a real piece of work.
He was an older guy, probably mid 60s and a real "good ol boy". We made it pretty clear to him after he mentioned kids at the first house that they were not a factor in our house hunt, but he knew better, of course. He kept bingoing me all though looking at the first house and then at the 2nd house till I flat out told him "Just shut up about kids, ok? I'm here to look at houses, not talk about babies" to which I just got a condescending smirk before he turned his back on me to bingo my mum! The conversation went a little like this:
Agent: "Don't worry, you'll be a grandma in the next year or so. She's nearly at the age where popping out a rugrat will be all she thinks about."
Mum: "I think my daughter knows her thoughts on kids better than you do."
Agent: "Trust me, I know women and you all want babies eventually."
That really pissed my mum off. She looked him dead in the eye and said "You know, if you actually listened to your clients instead of being a condescending dick, you'd probably have made enough commission to have retired by now." and we walked out.
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