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SFResidence.com - Sophisticated San Francisco Living
Oct. 1, 2008
SFResidence.com Newsletter Table of Contents
     
Hello from Janis!

A lot has been said about our economic situation of the last few weeks, but whether you are for a government bailout or against it, there is only one thing to consider. How will you take care of yourself and our family during this unsettled time? We have found that real estate, though in trouble in many areas of the country, is still very strong in many areas of San Francisco. And now with interest rates low, and prices stable we feel it is a good time to jump in. Why not take advantage of the up market that is sure to come about once the government gets its act together and decides what it is going to do?

I am finding a disconnect between what I hear and what I see happening.  I am hearing gloom and doom but I am still getting calls from people wanting to buy and having the cash to do it. I talked to my favorite lender, Stefani Phipps at First Republic Bank and she assured me they are still making loans if the buyer is qualified. The old adage "the only thing we have to fear is fear itself" is too true. I hope that intelligent, cool heads can prevail and keep us on an even keel. We will only know the impact of the events of the past few weeks after some time has passed but I have been through several very difficult times and the real estate in San Francisco has consistently been the safest place to have your money and have it grow. I think we will all feel the effects of this financial turmoil but remember that this is the best time to invest wisely.

As always, if you need an agent in another area 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.

Know someone who needs a long term rental in North Lake Tahoe near Tahoe City? Our unit in St. Francis Lakeside Condominiums is a 3 bedroom, 2 bath ground floor condo with a lovely wooded outlook. The kitchen has been upgraded with new counter tops and appliances. We are looking for reliable tenants to rent either fully furnished, or vacant. Includes off street parking and amenities like pool, spa, tennis courts and direct beach access. Close to the Marina Launch, this spot is perfect for someone with a boat. We're offering a referral fee for bringing us the right person or persons!

Need to get away??? Vacation in North Lake Tahoe? 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.

Need to get even further away?? Sit on the beach on the Big Island of Hawaii by staying in a fabulous 3 bedroom, 3 and 1/2 bath beach front condo at Kolea in the Waikoloa Beach Resort 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. This condo is also on the market!


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 bond markets, it changes day to day!


Giants Tickets

AT&T Park

Thanks to everyone who helped us by taking Giants tickets off our hands. Mick and I can't go to ever game (though he'd probably like to) so we appreciate it when people want to share the AT&T Park experience. And we love doing it for clients, friends and associates. So watch for our first announcement next year in March. It's not that far away!


Sales Activity
JUST LISTED  
2211 Broderick St. #3
Pacific Heights Condominium

Classic styled condo in a 6 unit building with a beautiful Beaux Arts façade consisting of 2 bedrooms, 1 bath, remodeled kitchen, formal dining room, period details, hardwoods floors, deck, common garden and 1 car parking.
Listed at $995,000

SALE PENDING  
170 Pacific AVe. #22 Golden Gateway Commons III

Rare offering! Spacious one level 2 bedroom, 2 bath with large, private patio. The living room has a wood burning fireplace and sliding doors to the private patio. A large master bedroom has a walk-in closet and access to the patio. 1 car parking.
Listed at $1,100,000

SALE PENDING  
6-12 Leroy Pl. Nob Hill 4 Units

Charming 4 units with a dramatic 2 bedroom, 2 bath (with loft) owner's unit featuring a light filled 2 story living room with fireplace & City views, other 3 units are all 1 bedroom units, 2 car parking. 
Listed at $1,595,000

STILL AVAILABLE!  
1880 Steiner St. #408 Near Fillmore Condo

Contemporary condo just one block to trendy Fillmore Street shops and restaurants. This top floor unit has 2 bedrooms, 2 baths, fireplace, storage and one car parking. Great Value!
Listed at $749,000

LISTED & SOLD
IN 10 DAYS!
1471 A McAllister St. Alamo Square Condo

Charming first floor condominium in a 3 unit Victorian building one block to Alamo Square with a private entrance. This one bedroom, one bath home has an open floor plan combining contemporary finishes with exposed brick walls and a private patio.  Remodeled kitchen features marble countertops, stainless steel appliances including a gas range, dishwasher and a dual drawer refrigerator.  A rare offering and a great value!
Listed at $449,000 --- Sold for $485,000


See you next month!

  Janis Stone

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