Friday, June 24, 2005

SFnewsletter Week ending June 24, 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:
Is there a bubble?  Darn good question, and I don't have the answer.  Just think about if you believed everything the news is telling you.   You'd have sand bags on your front door because a tsunami is on the way, after all, there were a couple quakes last week.  That must mean the "big one" is around the corner too.  Watch out when you're running to higher ground because a pit bull is going to be chomping at your heels, if you don't get kidnapped by a Utah hill billy first.   And if those don't get you, a terrorist certainly will, and he'll do it by stealing your credit card info in order to plant a bomb in your back yard or poison in your DoubleTallNonFatVentiMochaccinoExtraHotNoFoamTwoSplendas Starbucks coffee.   I don't like to speculate.   I tell it how it is.   The market is still "Hot, Hotter, Hottest!"

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Maximum Overbid(TM) of the week**:
3035 25th. Avenue.   Four Bedroom, three bath, two parking, approximately 1470 square feet, asking $879,000 sold for $1,287,888.   I would have bought it at $1,287,887 but the extra buck put me out of the game.  Seventeen days on the market.  It's Madness!

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Comparison Shopping:
I know Boise, Idaho is a good place to invest right now, so let's see what the difference between asking and selling price on the Overbid Property gets you there.  For just a few more dollars, $409,500, you can have this three bedroom, two and one half bath, 3140 square foot home on a tree lined street, and it comes with your own water balloon launcher to hit the cars slowly passing by on the lazy summer afternoons.

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SFhotspots:
-"Another reader and I tried the deep dish at Little Star Pizza on Divisadero at Fulton, and I have to say it was damn good."   Thanks for the tip Jay!
-This week Bud says, "Enrico's on Broadway at night, live music, tons of atmosphere, beautiful people, some very good dancers mixing it up amongst the tables, feels like "La Dolce Vita", really feels like a Roman Caffe from the 1950's--food is pretty good too.  The family took me there for Father's Day - felt like a vacation, especially since it was a balmy night and I was sipping a Mojito!!"  Yes Chip, there are other establishments on Broadway.   ;-)

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Questions&Comments:
If you have something to say, send it to sfnewsletter@gmail.com.  Chances are good that you are not the only person thinking it.

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My Thoughts:
If there are only four people in a race, two of them don't put any effort out, if you win, do you really win?

Happy Aloha Friday!

alex

New on Market Report: link SOLD 06/10/05-06/23/05: link SOLD 05/27/05-06/09/05: link

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