August 1, 2009 |
SFResidence.com | Newsletter Table of Contents |
Hello from Janis!
Looking back at July, our San Francisco real estate market was very strong considering the economy and the financial environment. Though number of sales for July was off from a year ago, it was higher than June. As we move into August we will see if this trend continues. Some of the spurt can be attributed to first time buyer tax credits, but probably buyers finally realize that the prices are great.
August tends to be a very slow month in San Francisco, usually due to the gloomy weather and because many people are still on vacation. However, I am still quite busy and sales activity is strong--and the weather has been very gloomy and cold. The news is beginning to be more positive, and people are apparently gaining more confidence in the economy and their own ability to earn a living. I just wish the lenders would be more helpful in this process. There are more "government rules" coming out about "truth in lending" which will slow the process of getting a loan even more. Talk about over-kill. Between the appraisal difficulties and now the extra time involved in the loan process, it will put even more uncertainty in the whole buying process. Expect to see more transactions failing at the last minute and more properties coming back on the market due to lender problems. But if you are persistent and patient the rewards can be a great property at a fabulous price.
Our July market report is now online at our website.
Are you MOVING? Do you KNOW SOMEONE WHO IS? Remember, we know GREAT AGENTS to whom we can refer with confidence. We have already sent some happy buyers and sellers outside of San Francisco. So 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.
Summer is here and Lake Tahoe is a 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.
ALOHA!!! Hawaii is a 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!
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!
Giants Tickets
We are now over halfway through baseball season and still have tickets to give away. These are in Lower Box 121 row 40, seats 5 & 6. We love to share them 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. THERE ARE AVAILABLE ON A FIRST COME FIRST SERVED BASIS. Once these tickets are gone, watch next month for the next set of games to
be released!
| Day: | Date: | Time: |
Team: |
| Sun. | 9-Aug | 1:05 | CIN |
| Tue. | 25-Aug | 7:15 | ARI |
| Wed. | 26-Aug | 7:15 | ARI |
| Fri. | 28-Aug | 7:15 | COL |
| Sun. | 30-Aug | 1:05 | COL |
| Tue. | 8-Sep | 7:15 | SD |
| Wed. | 9-Sep | 7:15 | SD |
| Fri. | 11-Sep | 7:15 | LAD |
| Sun. | 13-Sep | 1:05 | LAD |
CIN = Cincinnati Reds, ARI = Arizona Diamondbacks, COL = Colorado Rockies, SD = San Diego Padres, LAD = Los Angeles Dodgers
Sales Activity
| FOR SALE | |
 |
Charming home on a quiet street with hardwood floors, living room with fireplace, eat-in kitchen, 2 bedrooms and 1 bath up and a large room and bath on the lower level. Garage has laundry & built in cabinets. Behind the garage is an enclosed patio perfect for an art studio or workshop. Mature plants in area around the enclosure. Some bay views from the front bedrooms . Listed at $589,000 |
| FOR SALE | |
 |
Tastefully designed to blend with the neighborhood, Stroll down the central mews and two garden courtyards beckon on either side. Here, lush landscaping with an abundance of flowers and trees offers a peaceful respite from the urban bustle. Just inside is the state-of-the-art fitness center and Yoga and Pilates studio, for even greater well-being. Rooftop deck, where the view of the city is as vast and brilliant as the stars. Listed at $799,000 |
| FOR SALE | |
 |
Bernal Heights WIDE Lot w/ Approved Plans Great Opportunity to build your dream home on this large Bernal East Slope lot with Panoramic Views. East facing, extra wide 45 foot, down slope lot with large flat area. Located across from a just completed, modern, multi-million dollar home. Lot is located behind a fence. Architect has approved plans for a custom home consisting of 4 bedrooms, 3.5 baths, studio area, expansive views & decks which are included in this price. Listed at $550,000 |
| SOLD | |
 |
North of Lake Home with Cottage Lovingly restored 4-bedroom, 3.5-bath home near the Sea Cliff gates with walk-out garden, legal self-contained studio cottage, garage, Golden Gate and Marin Headlands views, 2 wood-burning fireplaces. NEW PRICE! Listed at $2,150,000 sold for $2,000,000 |
| SOLD | |
 |
FABULOUS PRICE AND LOCATION! Beautiful 2 bedroom, 1 bath condo in a Beaux Arts building with 6 units. Sunny south exposure, remodeled kitchen, formal dining room opens to large living room. Great master bedroom with 2 closets, remodeled bath, second bedroom has access to a tiled deck, parking. Listed at $874,800 sold for $830,000 |
| SOLD | |
 |
This large 2 level condo on a prime northern slope location has stellar Bridge to Bridge views! Dramatic open living/dining area with high beam ceilings and skylights & large deck around provides a great entertaining space! There are 3 spacious bedrooms and 2 full baths on lower level. Large bonus rooms with separate entrance for office or gym, storage. One car parking. Buyer Represented. Listed at $1,079,000 sold for $1,010,000 |
| SALE PENDING | |
 |
Alamo Square condominium, multi-level unit in 4 unit Building. Interior access though garage + exclusive use patio. Live-work area offers 1 bedroom and 2 bathrooms with 3 large closets. Washer and dryer. The main floor features an open living area with a 13ft. ceiling, fire place with a beautiful mantel. Updated kitchen. Buyer Represented. Listed at $619,000 |
See you next month!
Janis Stone
"The nicest compliment you can give us is to refer
others within your circle"
Toll Free (866) 224-8024
If you are a Realtor, by opting out you will be removed from our referral network.
