Hello from Janis!

Our May market report for April activity shows that the market softened slightly from the March bounce we got. Even so, the single family homes under $2M were again the strongest category with sales prices exceeding listing prices. it is easy to assume, therefore, that multiple offers for that particular niche are becoming more and more common.

I think that because of the weather and all of the rain the spring buying season has started a little late.  But we are now beginning to see great open house activity and even multiple offers for some of the better priced homes.  Even though the first time buyer federal credit has ended it has not seemed to affect the buyer's interest in San Francisco properties.  I must encourage you to visit our website 468 filbert to see the most fabulous home on Telegraph Hill--the Telegraph Hill Tree House!

Our May market report for April sales is now online at our website.

If you are MOVING or KNOW SOMEONE WHO IS, remember, we know GREAT AGENTS to whom we can refer with confidence! If you or someone you know needs to buy or sell property somewhere else in the country, keep us in mind. In return for the lead, we'll give you a chance to win our Rewards contest for a weekend in Tahoe.
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Ski season is over, but Lake Tahoe is the perfect weekend or weeklong getaway. We have a Lake View condo -- a lovely 2 bedroom, 2 bath condominium available for rent in Tahoe City at Tahoe Marina Lodge, a lake front complex. This unit has panoramic lake and mountain views yet is within walking distance to shops and restaurants. Tahoe is an excellent place to get away from the fast pace of city life and enjoy nature. This is the condominium we use for our Rewards for RE-ferrals.

Hawaii is another perfect getaway and the air fares are very good. Steps from the beach on the Big Island of Hawaii is our fabulous 3 bedroom, 3 and 1/2 bath beach front condo at Kolea in the Waikoloa Beach Resort available for rent with ocean views and steps from the "A" Bay beach. Kolea is a gated community close to all of the amenities of Waikoloa-- swim with the dolphins, golf, swim, snorkel or just enjoy the sun. Send us an e-mail or call for details on special rates if you book with us directly!
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From our Friends and Clients

There is nothing to report this month, but if you have a story you would like to share with our clients and associates, please send us a short e-mail message and any pictures you might want us to post.

Mick Orton - Marketing Manager
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Interest Rates

See what Foster Weeks says every Monday about interest rates in his weekly newsletter and on Blog. With all the turmoil in the stock and bond markets, it changes day to day! However, interest rates have been very low for a long time. Now might be the time to take advantage of it!
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Giants Baseball is Back! With the new additions to the team, spring training looked good! Once again we would like to offer our 2 tickets in Lower Box 121 row 40, seats 5 & 6 to our clients and friends. If you are interested in any of the following dates, e-mail Info and let us know what date you prefer. Regular Season Starts Day: Date: Time: Team: Tue. 25-May 7:15 Nationals Wed. 26-May 7:15 Nationals Fri. 28-May 7:15 Diamondbacks Tue. 1-Jun 7:15 Rockies Wed. 2-Jun 7:15 Rockies THERE ARE AVAILABLE ON A FIRST COME FIRST SERVED BASIS. Once the tickets are gone, watch next month for the next set of games to be released! _____________________________________________________
Sales Activity
FOR SALE!
	Telegraph Hill Tree House This magnificent single family residence is located in San Francisco’s much sought after Telegraph Hill in the shadow of Coit Tower. The sweeping views from Coit Tower to the downtown cityscapes to the Golden Gate Bridge create a dramatic panorama in the upper floors and the lower floors open to the spectacular historic gardens.  The home has been fully rebuilt by Nova Design + Builds and features exquisite finishes and discriminating detail.  Listed at $5,495,000
FOR SALE
	Mill Valley View Home Custom view home with many “Green” features in the sunniest area of Mill Valley, 4 bedrooms, 3 baths, living room with fireplace, formal dining room, family room, walk out patio, yard & pool with direct access to open space, 2 central heating & air conditioning systems, solar panels, “Tuff shed” storage and 2 car garage. Listed at $1,749,000
COMING SOON!
	Mission Bay Condominium The GlassWorks condos! Rarely available on the sunny and quiet side of this state of the art building. This beautifully understated small complex has a wonderful & warm feeling about it with luxury finishes and a Zen Garden. This unit faces west for wonderful light and City views and has rich looking hardwood floors, closet built ins, washer/dryer in the unit and a chef's kitchen. Parking is included with this condo and it has a large storage unit too. To be Listed at $499,000
SOLD
	Marina Flats Charming, spacious vacant flats in wonderful location across from the Palace of Fine Arts! Each unit consists of large living room (upper flat has beamed ceilings and views toward Pacific Heights) and dining room, beautiful parquet hardwood floors, 2 bedrooms, 1.5 baths, and sunroom. Solarium on roof, and small deck which can be expanded. Great views! There is an unwarranted, tenant occupied 1 bedroom garden apt. 2 car garage, and north facing pretty garden. Listed at $2,100,000 sold for $2,122,000

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