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December 5, 2007
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SFResidence.com | Newsletter Table of Contents |
While many markets across the country are experiencing slowdowns, the San Francisco market continues to do well. As I said last time, our inventory is low which could be the reason there are so many multiple offer situations and over listing price sales.
Rick Turley talks about this in his lastest market report. If you look at November's numbers, you will see that while the number of homes sold has dropped slightly (typical for this time of year), average sale prices were all higher on average than the listing prices and are considerably higher than a year ago.
Remember we have a strong network of agents in other areas to whom we can refer with confidence. We've already sent some happy buyers and sellers outside of San Francisco, and have had a few referred to us, 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 for RE-ferrals contest.
Janis's story here.
The December Real Estate Market
Report for November is now
available on our website. November sales histories may be seen
here.
Want
to vacation in North Lake Tahoe? We have a very nice 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.
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. This condo is also on the market!
Happy Holidays!
"Tis the season...as we have mentioned before, the holidays typically slow down in the real estate market, but that doesn't mean that it stops! If you would like a current weekly market update on the San Francisco area you can visit our website at: http://www.sfresidence.com/market/current.htm.
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.
Interest Rates
Interest rates have fluctuated some, but have been returning to where they started. Foster Weeks reports every Monday in his weekly newsletter and on our Blog.
Sales Activity
| For Sale | |
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Near
Downtown - 31 Condos Featuring 14 one bedroom units and 17 studios all with European style kitchens. 10 car parking, elevator. All new construction - no rent control! Scheduled for completion in January of 2008. A great offering for $10,950,000 |
| Sale Pending | |
 |
Pacific Heights Condo This charming
and immaculate condominium in Pacific Heights is the top floor in
a two-unit building. It has been totally renovated and is conveniently
located close to restaurants and shops in Pacific Heights. The living/dining
room has parquet hardwood floors and a wood-burning fireplace. The
gourmet kitchen has hardwood floors, custom cabinets, Granite counter
tops, Bosch dishwasher, disposal and Viking gas range. |
| Sold | |
 |
Potrero
Hill Condo Tastefully designed to blend with the neighborhood, The Potrero is distinguished but discreet. 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. And when your thoughts turn outward, grab a blanket and a bottle of wine and head to the rooftop deck, where the view of the city is as vast and brilliant as the stars. Buyer Represented - Listed and sold for $965,000 |
| Sold | |
 |
Lake
Street Condo Beautiful & spacious, top-floor Edwardian condo in PRIME Lake Street location this lovely unit has a living room with fireplace, elegant formal dining room, charmingly remodeled kitchen, light-filled SUNROOM and separate office (7 ROOMS!) Gorgeous hardwood floors and period detailing. Well-maintained 2-unit building with newer roof and windows, large storage room, washer/dryer, side by side parking and garden. Perfect location across from Mt. Lake Park! Buyer Represented - Listed for $1,049,000 sold for $1,215,000 |
See you next month!
Janis Stone & Christine Serventi
"The nicest compliment you can give us is to refer
others within your circle"
Toll Free (866) 224-8024
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