Thursday, November 18, 2004
SFnewsletter Week ending Nov. 19, 2004
Dear Friends:
****The SFnewsletter found a home in cyberspace. Have a look. SFnewsletter Blog ****
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Welcome to the newest members of the list. To opt-out, either email Me, or click on the "unsubscribe" button below. If you know anyone who would like to be added to this distribution, send me their email, or have them contact me. Don't forget to click on the "New on Market", and "Sold" reports below. They are what make this newsletter tick.*
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Market Update:
The market is smoking! Sales activity is still tremendous. Overbids are as common as the fog. Interest rates are low and demand is still amazingly high. There is a ton of money in this city. Remember that. Like I've said before, national averages don't mean anything in San Francisco.
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Maximum overbid of the week**:
This was a very close race, but the winner in the end is 2330-34 Geary in Lower Pacific Heights. Three unit building. Not the prettiest I've ever seen. Approximately 2900 square feet, $344 per square foot (Seems like a bargain, but let's be honest here.), asking $799,000 sold for $1,018,000. Here's a link to the property description:
Property Description
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My Thoughts:
Think of the stickers you see, "I'd rather be..."
Happy Aloha Friday!
alex
New on Market Report:
New on Market
SOLD 11/5/04-11/19/04:
Report
SOLD 10/22/04-11/4/04:
Report
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Blog
If you know anyone who is considering buying or selling real estate in San Francisco, I would greatly appreciate the referral. Thanks!
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