Friday, June 17, 2005

SFnewsletter Week ending June 17, 2005

****SFnewsletter(TM) is a work in progress.  I'm always changing content based on reader feedback.   I welcome ideas, suggestions, complaints, concerns, stories, etc.   There is lots of cool stuff to come.  And please...don't bet the farm off my predictions.****

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Welcome:
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.  For RECENT SALES/LISTING ACTIVITY (COMPS) CLICK ON THE "NEW ON MARKET" AND "SOLD" REPORTS BELOW.*

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Market Update:
Sorry the newsletter is late coming out today.  I've been putting out fires.   No Justin, not kitchen fires, appraisal fires.   Just when you think it can't be done and $1100 per square foot seems out of reach, all the planets align and voila!   The value is there.

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Maximum Overbid(TM) of the week**:
846-850 Union.   A four unit building in Russian Hill.  Asking $1,995,000 sold for $2,835,000.   Just when you thought you could get a bargain by buying a four unit building.   Hmmm.   The market just keeps coming up with surprise after surprise.

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Comparison Shopping:
You know the saying..."Go BIG, or go home."   Well that is what we're doing here.   For only $283,975 more from the purchase of that 4-unit building in Russian Hill (really pennies on the dollar), you could have this 20 bedroom Castle in the French country.

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SFhotspots:
-A tip from a reader:  Jafon likes Little Star Pizza on Divisadero at Fulton.   "Amazing butter crusted deep dish."

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Questions&Comments:
If you have something to say, send it to sfnewsletter@gmail.com.  I randomly post reader feedback here.  Don't worry, you'll be anonymous.  Chances are good that you are not the only person thinking it.

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My Thoughts:
The world will soon come to an end. Coors Light billboards are all over town with surfer chicks holding surf boards. Last time I checked Coors got muscled out by Budweiser for Official beer of NASCAR and there ain't no Ocean in the Rockies.

Happy Aloha Friday!

alex

New on Market Report: link SOLD 06/03/05-06/17/05: link SOLD 05/20/05-06/02/05: link

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