SFnewsletter Week ending April 8, 2005

Dear Friends: _____ 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: The market in San Francisco continues to shine. The Sun on the other hand is having a hard time with that. Well, this is San Francisco, and things happen differently here. It's no wonder the market is doing its own thing. Check out this link regarding Home Financing from CNN Money.com. Thanks Ryan for the link! $$___ Maximum Overbid(TM) of the week**: Bernal, Bernal, Bernal. Lots of activity in Bernal Heights. Clearly THE hottest spot in the city. Check out this DUMP! Two bedrooms, one bath, one car parking, asking $438,000 sold for $657,000...cash! Make sure when you check out the description you click on the "additional pictures" link on the description page. It's truly remarkable, but on the other hand the developer is going to make a ton of money when they flip it, if the market keeps going where it is. Time to move to San Francisco, Pete! Here's a link to the property description: $$$___ Comparison Shopping: I decided to make San Francisco buyers feel a bit better than usual, and searched for something in New York City. I found a couple things under $450,000, but I liked this co-op the best. (Call me if you'd like an explanation as to what a co-op is.) I especially like the terrace which is the "fourth room for most of the year". Seven hundred square feet, tons of "discounts", and low HOAs of $1,021. Makes San Francisco look like a bargain! $$$$___ My Thoughts: Wondering where that place in NY is? Check out Google's new Maps: Show me the map! Happy Aloha Friday! alex New on Market Report: Report SOLD 03/25/05-04/07/05: Report SOLD 03/11/05-03/24/05: Report