SFnewsletter(TM) Week Ending December 17, 2004

Dear Friends: ****SFnewsletter.com is coming soon! It's going to be sweet!**** _____ Welcome to the newest members of the list. To opt-out, either email sfnewsletter@gmail.com, or click on the "unsubscribe" button below. If you know anyone who would like to be added to this distribution, send them to SFnewsletter.com. Don't forget to click on the "New on Market", and "Sold" reports below. They are what make this newsletter tick.* $____ Market Update: Not many new listings this week. That is normal for this time of year. Sales continue to roll on the properties that are on the market though. This is San Francisco, and in my humble opinion things aren't going to slow down anytime soon. Watch out for the New Year. I know many, many people that are waiting both to buy and sell. It's going to heat up even more. Forget all the hype about a bubble and interest rates. This is San Francisco. I keep saying this. There is only one San Francisco in the world. People will ALWAYS want to live here. Even if a magnitude 8.0 quake hits. Maybe then we'll be an island and the surf will be good on the south shore with all the Northwest wind we get. $$___ Maximum overbid(TM) of the week**: 32-36 Richland Avenue in Bernal Heights. Five unit building. $161 per square foot. Eight days on the market. Asking $549,000 sold for $826,000. I keep saying Bernal is HOT! This keeps proving my point. Here's a link to the property description. $$$___ My Thoughts: The California Association of Realtors has a very informational site, for those of you craving more punishmnet or knowledge (depends on how you look at it). It is www.car.org. And here is a good article. Happy Aloha Friday! alex New on Market Report SOLD 12/03/04-12/17/04 SOLD 11/19/04-12/02/04