Monday, April 04, 2005
SFnewsletter Week ending April 1, 2005
Dear Friends:
****If you need a great hand made Turkish rug or kilim, check out my friend's store, A Woven Expression at 260 Utah Street. Online at www.awovenexpression.com. Ask for Soner!****
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Market Update:
The market has taken a turn. Most properties are selling under asking, and overbids are pretty much a thing of the past. Interest rates are climbing through the roof, and we're headed for a big downturn in the market. April Fools!!!!! No changes. The market is still extremely active and the same as it has been for quite some time. A good time to sell if you need to, and a good time to buy while rates are still low.
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Maximum Overbid(TM) of the week**:
2 Northwood Drive in Westwood Park, 3 bedroom, 2 bath, 2 car parking, detached corner home, around 1932 square feet, asking $849,000 sold for 1,326,000!!! How about that?!! Here's a link to the property description: link
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Comparison Shopping:
I searched, and I searched, and I searched again to find a house in Costa Rica for $1,326,000 and I came up empty. But for a little bit more than they were asking on this home in San Francisco, you could have this place in Costa Rica: link
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My Thoughts:
Gone Surfin'!
Happy Aloha Friday!
alex
New on Market Report:
report
SOLD 03/18/05-04/01/05:
report
SOLD 03/04/05-03/17/05:
report
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