Home of the Week – Amazing Deco Masterpiece
May 9, 2008
Those of you who know me well, know I’m a sucker for what I call the “slutty” details of a good old Queen Anne or Eastlake style home or the simpler charm of an Italianate. But once in a while, I see a modern home that really grabs my fancy and I want to throw away all my furniture and old persians and start over completely clean and new. 849 Sanchez is such a home and I hope you will enjoy taking a peek. It is listed by George Limperis of Paragon Real Estate Group. For more info, please see this wonderful slideshow he’s put together.
Special Client Party at a real live FIREHOUSE!!
May 9, 2008
Paragon has an amazing upcoming listing that was once best known as Engine No. 44 Firehouse. For those of you who have seen some of the firehouses turned residences around town, you know that they can be spectactular. This one is no exception, with over 6,000 square feet of luxury living space and all the comforts you can imagine. We are hosting a special client party there on May 16. If you would like to attend as my guest, please let me know right away as attendance is limited. To see pictures, go to http://www.firehouse44.com. And, of course, if you know anyone who’d like to make it their home, please have them call me right away!
Recent Sales Statistics for May 8, 2008
May 9, 2008
Recent statistics continue to show that our market is at least resisting national trends. In fact, for March 2008, District 5 (think central SF from Glen Park through the Haight) reach a new median sale price for single family homes. For single family homes, 32 sold over asking price, 30 sold under asking price and 16 sold at asking price. The Condo/TIC category shows a bit more of a skew toward buyers, with 22 selling above asking price, 38 selling below and 19 selling at asking price. In 2 to 4 units, there continued to be very few sales, with just 6 selling above asking price, 7 selling below and 3 closing at asking.
If you are interested in more in-depth analysis of the 1st Quarter (and I know many of you are), here’s a great report prepared by Paragon’s in-house statistician, Patrick Carlisle.
In these trying times, it can be good to reassure ourselves of the general direction fo things. To that end, here’s another report that summarizes home price growth in San Francisco since 1994. If you’ve owned your home a while, it will make you feel a whole lot better. And even if you haven’t, this could be you in a few years, so cheer up!
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