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June 2, 2007
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SFResidence.com | Newsletter Table of Contents |
Spring has been hot (market-wise, not weather-wise) and it looks like summer will be even hotter. I can not stress to you how the absence of inventory can cause double-digit appreciation when the few listings we do have sell, and it often creates multiple offer situations.
Every week on our blog I post the statistics of our TRI Coldwell
Banker office on Van Ness which boasts the market share of residential
real estate sales for San Francisco. If you are a regular reader, you
will see that our pending sales far outpace the number of listings. So
even if our agents don't have the listing, chances are one of us represented
the buyer! And in this sellers' market it takes an experienced Realtor
to negotiate the best price for her clients.
So if you are thinking about buying or selling San Francisco real estate,
now is the time to have an agent who has seen all the markets in your
corner!!! It could make all the difference. And who knows how long this
opportunity will last for sellers with interest rates slowly on the rise?
Now is a great time to consider listing your property.
A new listing I had in Laurel Heights was marketed for 8 days, received
several offers and sold well in excess of the asking price of $1,495,000.
The sellers received advice from staging expert, Arthur
McLaughlin, and hired him to stage their condo using mostly their
own furnishings. We had 2 open houses broker's tours and then looked at
offers. If you have a property you would like to sell, I can advise you
on the best way to prepare it for market so you receive the top value.
I sold this property to them in 2001 and when they sold, they received
close to 10% annual appreciation on their condo. San Francisco real
estate is a GREAT INVESTMENT!
We still need your help with our Blog.
Drop by and participate in the discussions or ask questions. We'd love
to hear what you are thinking. Submit a question for the blog and we'll
give you your choice of available Giants tickets just for playing!
The June Real Estate Market Report
for May is now available on our website. May
sales histories may be seen here.
Want to vacation in North Lake Tahoe? We have a lovely 3 bedroom, 2 bath condominium available for rent in Tahoe City at St. Francis Lakeside, a lake front complex close to the boat ramp. It has been recently updated with new kitchen counters, floor and appliances, light fixtures, dining room furniture and more! Tahoe is an excellent place to get away from the fast pace of city live and enjoy nature. HURRY! This condo is on the market!
Want to sit on the beach on the Big Island of Hawaii? We have a fabulous 3 bedroom, 3 and 1/2 bath beach front condo at Waikoloa on the Big Island 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. HURRY! This condo is on the market!
Hello from Christine!
First
time home buyers or owners in San Francisco may have questions about this
unique market. Coldwell Banker offers 8 "Steps to the Home Buying
Process" to help you. You can find this along with other useful tips
on our SFResidence blog.
Of course, if you have any questions please feel free to submit them there
as well. Use our search feature on our website. Your question may have
already been answered.
Here's a reminder that the 41-cent stamp price is now in effect!
Remember that we represent buyers and sellers at all price points and
in most areas of San Francisco. We love to help friends get established
in the market and make their first purchase -- it is exciting for all
of us. Our website, www.SFResidence.com,
is filled with wonderful resources and links to a variety of real estate
services.
Interest Rates
Interest rates continue to edge upward. Foster Weeks reports in his weekly newsletter and on our Blog.
Giants Tickets
As we head into the All Star break, we the following tickets for our seats
in Lower Box 121 row 40, seats 5 & 6 which we love to share
with 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: |
| Mon. | 11-Jun | 7:15 | TOR |
| Tue. | 12-Jun | 7:15 | TOR |
| Mon. | 25-Jun | 7:15 | SD |
| Tue. | 26-Jun | 7:15 | SD |
| Fri. | 29-Jun | 7:15 | ARI |
| Sat. | 30-Jun | 6:05 | ARI |
ARI = Arizona Diamondbacks, TOR = Toronto Blue Jays, SD = San Diego Padres
Sales Activity
| Just Listed | |
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Pacific
Heights Condo Elegant, traditional style condominium overlooking a lovely garden with outdoor heated pool, one bedroom, remodeled bath, spacious public rooms including living room with wood burning fireplace, formal dining room, remodeled eat-in kitchen, office, and large storage room. Listed for $849,000 |
 |
Van
Ness Loft Condo Chic, contemporary loft style top floor condominium with stunning panoramic views of the City! Soaring 12' ceilings throughout, 1 bedroom, 2 baths, open living area with custom built in Murphy bed, desk & entertainment center, gourmet kitchen, island breakfast bar, hardwood floors, laundry, 1 car parking. Listed for $899,000 |
| Sale Pending | |
 |
Corona
Heights Condo Located on a quiet tree lined street, this top floor, home-like three bedroom - one bath condominium with spectacular city views is a rare find. This renovated classic Victorian combines traditional details with a contemporary lifestyle layout. Relish sweeping views and a private deck opening out from the living/dining Great Room. Listed for $789,000 |
 |
Clarendon
Woods Condo Contemporary, remodeled townhouse condominium in a gated community with three bedrooms, two and one half baths, gourmet kitchen, formal dining room, large room down, fireplace, laundry, deck, two-car side by side garage. Listed for $995,000 |
 |
Laurel
Heights Condo Elegantly remodeled, three bedrooms, three bathrooms, living room with wood burning fireplace, formal dining room, terrace, eat-in kitchen, office, two car tandem parking, laundry, common yard with deck. Listed for $1,495,000 |
| Sold | |
 |
Potrero
Hill View Home Corner home with two bedrooms, one and one half baths, wood burning fireplace, solarium, updated kitchen, large roof deck with panoramic views, laundry, charming garden, storage, one car garage. Listed for $995,000 |
See you next month!
Janis Stone & Christine Serventi
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