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SFResidence.com - Sophisticated San Francisco Living
July 7, 2010
SFResidence.com Newsletter Table of Contents

Hello from Janis!

Our July market report for June activity shows our San Francisco real estate market is steady. Not much changed from last month For the fifth month in a row, single family homes under $2M are selling for OVER the asking price which indicates multiple offer situations. If you own one of these homes, it is great news for you!

Interest rates are even lower now than last month and over the years that you own a property this can save tens of thousands of dollars.  If buyers are waiting until prices goes down further (which is not a certainty) they could miss the savings that low interest rates will provide on a monthly basis.  As I like to tell clients who are selling---a good offer can often be the one with the best terms but not the best price.  San Francisco is continuing to have an active market with multiple offers and offers over the asking price at many different price points.  This is often the first signs that our market is recovering.  We shall see what the future holds........

Our July market report for June 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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Special Rates on Vacation Rentals

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

If you have pictures and a story you would like to share with our friends and clients, please send them to Janis.

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

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.

Day: Date:

Time:

Team:
Mon. 26-Jul 7:15 Marlins
Wed. 28-Jun 4:05 Marlins
Sun. 1-Aug 1:05 Dodgers

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!
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Sales Activity  
FOR SALE!  
468 Filbert St. - Telegraph Hill  Tree House - $5,495,000

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 $4,995,000

FOR SALE  
3 Upperhill Road - Mill Valley View Home - $1,795,000

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 $1,649,000

SOLD  
207 King Street #712 - Marina Units - $499,000

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.
Listed and sold for $499,000


See you next month!

Janis Stone
DRE# 00517072

SFResidence.com - Sophisticated San Francisco Living

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