SFnewsletter Week ending Feb. 25, 2005

****Need a good painter? Primary Painting. Ask for "B". Tell him I sent you. (415) 533-0402.**** _____ Hello and welcome to the newest members of the list. To opt-out, either email me at sfnewsletter@gmail.com, or click on the "unsubscribe" button below. If you know anyone who would like to be added to this distribution, they must opt-in by emailing me. Most importantly, don't forget to click on the "New on Market", and "Sold" reports below. They are what make this newsletter tick.* $____ Market Update: When are we going to hit the top? I get asked this question 5 times a day. My answer, "I don't know." There is a home in the Richmond District that I'm not at liberty to say the address. Last year it would have sold for around $800,000. This year, they listed it around that price, they received 26 offers and it is rumored to be in contract somewhere near $1.2MM. Oh, I should add that it is a fixer. So had you bought that house last year, and sold it this year, that would be $400,000 to hide from George W. Do I have to say it? The market is hot. $$___ Maximum Overbid(TM) of the week**: 1200 Gough #9F, in the Van Ness/Civic Center area, one bedroom, one bath, one car parking, 840 square feet, asking $399,000, sold for $560,000, $666/square foot. The place better have REALLY good Feng Shui with that price per square foot. Here's a link to the property description: link $$$___ Comparison Shopping: For $398,000, $1000 less than the asking price of the condo on Gough, you can get this monster home in Charleston, South Carolina. link $$$$___ My Thoughts: Fatz! You movin' to SC? Happy Aloha Friday! alex New on Market Report: report SOLD 02/11/05-02/24/05: report SOLD 01/28/05-02/10/05: report

SFnewsletter Week ending Feb. 11, 2005

Dear Friends: ****Interested in purchasing, refinancing or building real estate wealth? Call me today for a complimentary in depth evaluation(WOW service, best rates and fast response times). Ed Diaz, your Wealth Building direct lender with over 18 years of finance experience. (415)573-6472.**** _____ Hello and welcome to the newest members of the list. To opt-out, either email me at sfnewsletter@gmail.com, or click on the "unsubscribe" button below. If you know anyone who would like to be added to this distribution, they must opt-in by emailing me. Most importantly, don't forget to click on the "New on Market", and "Sold" reports below. They are what make this newsletter tick.* $____ Market Update: Did you see the article in the San Francisco Chronicle yesterday about the housing bubble? Is the market going to pop? Who the heck knows? If someone tells you they know, make sure you don't get directions from them, because they are lost. Everyone likes to predict. Why? So if they are right, they can brag about it. If they are wrong, nobody will remember. Remember what I always say. Unless it is an article specifically about San Francisco, and this article was pretty close, take it with a grain of salt. But the fact is, nobody knows what the San Francisco Real Estate market is going to do. So just go with the flow. Oh...the market is hot. (Yes, John P., I still think it is hot.) $$___ Maximum Overbid(TM) of the week**: I'm going strictly off the numbers today, because I never saw this place. Let me build a little suspense. Here is the description written in MLS, "RH2 lot with 2 vacant units in poor condition. Each unit is one bedroom..." Poor condition?! Better jump on it! 4591-4593 18th Street, in Eureka Valley, asking $749,000 sold for $1,025,000. Here's a link to the property description: $$$___ Comparison Shopping: What can you get for $1,025,000 in Reno, Nevada? Well I found something for $1,029,900. Pretty close. But if you want to buy this house you have to call THE best Realtor in Reno, Irmin Clark 775-825-1178 (lots of home-cooked meals for me for this one, ma!). Here's a link to the description and Virtual Tour: $$$$___ My Thoughts: You know the weather this summer is going to be extra awful, since we are having such a nice winter. Mark Twain should have said, "My warmest summer was a winter in San Francisco." How can you predict a housing bubble in San Francisco, if you can't even predict the weather?! Happy Aloha Friday! alex New on Market Report: link SOLD 01/28/05-02/10/05: link SOLD 01/14/05-01/27/05: link

SFnewsletter Week ending Feb. 4, 2005

Dear Friends: ****Interested in purchasing, refinancing or building real estate wealth? Call me today for a complimentary in depth evaluation(WOW service, best rates and fast response times). Ed Diaz, your Wealth Building direct lender with over 18 years of finance experience. (415)573-6472.**** _____ Hello and welcome to the newest members of the list. To opt-out, either email me at sfnewsletter@gmail.com, or click on the "unsubscribe" button below. If you know anyone who would like to be added to this distribution, they must opt-in by emailing me. Most importantly, don't forget to click on the "New on Market", and "Sold" reports below. They are what make this newsletter tick.* $____ Market Update: Hmmm. Let's think about this one. It's easy! The market is HOT! $$___ Maximum Overbid(TM) of the week**: I'm showcasing two today. Different parts of town, and properties in different conditions. You'll see that the price ranges are totally different, but the outcome is the same. WAY over asking. 101-103 Caselli: Eureka Valley, two units, approximately 2230 square feet, $538 per square foot, probate, asking $795,000 sold for $1,200,000. That's $405,000 over. Here's a link to the property description: link 3074-76 Washington: Pacific Heights, 2 units, 3484 square feet, $609 per square foot, in pretty sweet condition and prime location, asking $1,595,000 sold for $2,125,000. Yes that is $530,000 above the asking price. It doesn't matter if the price is starting out at $595,000 or $1,595,000, you're probably going to have to go WAY over. Here's a link to the property description: link $$$___ Comparison Shopping: Let's take that $530,000 and head on over to the east coast...Stowe Vermont, shall we? (You'll get to know your geography.) Let's see what we get there: link And I think you get the lake too. Not bad. $$$$___ My Thoughts: How 'bout the weather!? Happy Aloha Friday! alex New on Market Report: report SOLD 01/21/05-02/04/05: report SOLD 01/07/05-01/20/05: report