SFnewsletter(TM) Week Ending January 7th, 2005

Dear Friends: ****URGENT - WINTER WEATHER MESSAGE HAS BEEN ISSUED FOR GREATER LAKE TAHOE AREA...SNOW IS EXPECTED TO BEGIN LATE TONIGHT (THURS) AND CONTINUE THROUGH MONDAY WITH HEAVY SNOW AT TIMES. BY MONDAY AFTERNOON...TOTAL SNOW ACCUMULATIONS OF 3 TO 5 FEET ARE EXPECTED AT LAKE LEVEL...WITH 5 TO 8 FEET ABOVE 7000 FEET. The skiing/boarding at Squaw Valley is going to be epic! I suggest you pay them a visit, www.squaw.com .**** _____ 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 www.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: The market is still smokin'. I have heard everything under the sun in regards to what the market is going to do. There are the nay-sayers who are certain it is going to tank. There are the optimists who are certain it is going to continue to go up like it did this past year. Everybody is an expert on interest rates and what effect they will have on our market. And there are the people receiving this newsletter who don't live here shaking their heads wondering why the hell we pay such exorbitant prices for real estate. I would have to say I side with the optimists and we live here because we can. $$___ Maximum overbid(TM) of the week**: 1260 Monterey Blvd. in Monterey Heights...4 bed, 3 bath, 2 car parking, approx. 2800 square feet, asking $1,045,000 sold for $1,600,000. Yes that is $555,000 above the asking price. Or 53% above asking price. No matter how you slice it, it is unreal! Here's a link to the property description: link Comparison Shopping: Here's what $1.6MM buys you in Seattle, Washington: link $$$___ My Thoughts: This is the second time I wrote this newsletter tonight, because I accidentally deleted the first. That makes me happy! I have about 30 Gmail invitations to give. Anybody want one? Happy Aloha Friday! alex New on Market Report: report SOLD 12/24/04-1/6/05: report SOLD 12/10/04-12/23/04: report