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Hello again!
The National
Association of Realtors has been reporting that Home
Sales are sliding, however,
keep in mind that this is for the United States as a whole. Different
areas have different statistics, and San Francisco continues to be one of
the hottest markets in the country. Low inventories are beginning to ease as more homes are being
listed for sale. President and COO of Coldwell
Banker, San Francisco Bay Area, reports in his mid-March statement that the
Bay Area market seems to be finding
its equilibrium.
Read his comments on our website.
Last month's
real estate expo at Moscone Center was a huge success, indicating that more and more people are becoming
interested in real estate investing and realize that it still has the best
potential for people to build
wealth.
We continue to
be in contact
with Elite Realtors from all over the world to whom we can
refer people for real estate in other areas.
Remember, if
you, your friends or your family
need a property in San Francisco or a referral in another
area of the country, keep us in mind. In return for the lead, we'll give
you a chance to win our Rewards for
RE-ferrals contest.
The April Market Update for March is
available now on our website. We also included March 2005 sales figures to give you an idea of how
San Francisco Real Estate, on average, continues
to increase in value.
Sales Activity
Coming
Soon:
For Sale:
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Ingleside Terrace Home -
Beautiful detached home with three
bedrooms, plus a sunroom, one and half baths, living room with
fireplace, formal dining room, breakfast room, full basement, garage and
a large yard. Listed at
$995,000
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Russian Hill Units
- Charming four-unit building on a quaint
street on Russian Hill. Spacious one or two bedroom units each with
wood-burning fireplaces, softwood floors, period details, eat-in
kitchens and laundry. Three units are vacant. Six-car parking and extra
storage. Reduced to $1,999,000
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Presidio Heights - The Monte Cristo
has been a part of San Francisco since 1875. It was originally built as
a saloon and hotel. It served at one time as a bordello, a refuge after
the 1906 earthquake and a speakeasy. It is located in the "Laurel /
Presidio Heights" Neighborhoods of San Francisco and is located two
blocks from the commercial retail center of Laurel Heights Village and
the restored Victorian shops, restaurants and antique stores on
Sacramento Street in Presidio Heights. Easy transportation to downtown
San Francisco and to the Financial District. This hotel is in a prime
area and has been well operated and maintained. This is a rare
opportunity to have a high visibility hotel. Listed at
$1,998,000
Sold:
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Presidio Heights Home - This grand
Presidio Heights home has views of the Golden Gate Bridge, the
Bay and downtown. It features 5 bedrooms, 5 bathrooms plus 2 half-baths
to accommodate a family and guests. The main level includes a
fabulous kitchen/family room with fireplace and opens onto a sheltered
landscaped garden, a spacious living room with wood-burning fireplace
and a handsome formal dining room. A penthouse entertaining room
with fireplace opens onto wraparound rooftop terraces. This home
also features an elevator, recreation room, exercise room, luxurious
guest apartment or au-pair quarters and parking for 3 cars. This
is a magnificent home with high ceilings, traditional details
and modern amenities. Listed and sold for $6,500,000
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Russian Hill Condo - Vintage
Edwardian-style building on one of the best blocks of Russian
Hill offering classic San Francisco architectural detail. This
remodeled condominium has one bedroom, one bath, living room with
fireplace and views of Alcatraz & Bay, formal dining room,
large remodeled kitchen, hardwood floors, laundry & deeded
storage room. One car leased parking. Listed for $695,000 and sold for $740,000
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