Architecture Seminar 4/2, Parking Meters and Can this really be a good time to sell?

March 28, 2008

Hello my favorite people!
I am thrilled to announce that these missives now have a name and a permanent home on the Web, which allows archiving and reader commenting (yes, it’s officially a blog).   I have launched a new site, http://www.ClientsInTheKnow.com.  If you are receiving this email, you are already one of my “clients in the know.”  If you know someone else who should be, please don’t hesitate to pass this along.
Sip, Snack and Learn – San Francisco Residential Architectural Styles
Wednesday April 2 @ 6:30, Poleng Lounge at 1751 Fulton Street
Please join me and San Francisco Architect James Dixon at the Poleng Lounge on Wednesday, April 2 at 6:30.  As you sip a soju cocktail and snack on a few drums of heaven, James will teach us how we can distinguish different San Francisco Residential Architectural Styles.  By 8:00 I guarantee you will be able to tell a Stick Victorian from a Queen Anne in 30 seconds or less!  James and I will also stick around after to answer questions about architecturally sensitive remodeling and restoration as well as the best way to own a piece of history yourself.  Bring a picture of your home for expert analysis . . .and your friends who need to meet a great Realtor.  There is more info on my web site at https://www.jenniferrosdail.com.  For more about James, see http://www.jdarchitect.com
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Can This Really Be a Good Time to Sell?
The truth is, that although the reports saying inventory is rising are accurate, in San Francisco, we have a real shortage of very desirable properties.  And serious buyers are out there competing over them.  Just today I heard tales of 49 offers on a parkside 3 bed/1 bath in need of a little TLC, 18 on a 2 unit in Duboce Triangle and two on a TIC that thought the market had passed it by.  I expect that buyer activity will actually pick up even further in the coming weeks, after the lending environment has a chance to settle into it’s new guidelines for a bit.
I know it feels risky to think about making a move when all the news you are hearing is bad, but most of that bad news doesn’t really apply to our lucky City by the Bay.  If you are interested in finding out where your home would fit in the market right now, please let me know and I’ll provide detailed analysis – what you find out might just be a pleasant surprise!  

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Parking, in the Digital Age

How often have you parked at a meter that you underfed due to a lack of change?  Did you get a ticket?  With parking in most areas at about $3.00 a hour (that’s 12 quarters, folks) it can feel like you need to raid a laundromat everytime you run a few errands.  

Well, there is now a better way.   As you may have noticed, our parking meters in San Francisco have gone digital over the last 5 years.  Most of them now also have a diagonal slot that accepts a credit card like device called a Parking Meter Card.  You put the card in, and the digital readout tells you your remaining balance and then deducts a quarter every couple of seconds until you pull it out.  Sound easy enough?  Give it a try!

I estimate that this little device saves me about $1,000 a year in parking tickets.  I highly recommend that you check it out.  They can be ordered online at http://www.sfmta.com.  On that Web site, there is a full list of places they are available in person, but I know they can be purchased at the Powell Street cable car ticket booth as well as the assessor’s office at City Hall.

As if to underscore my point about desirable inventory, Paragon’s Upcoming Listings are only 3 this week.  As always, if you see anything that piques your interest or that of a friend, I’d be happy to get you in early for a private showing:

$985,000  /Corona Heights / BR/BA: 2/2  /  PKG: 1  Description:  Located above Castro, built in 2001, LR & DR open to front view deck that faces south, both rear bedrooms open directly onto a deeded patio. High ceilings, in-unit laundry,HW floors, FP, Lg closets, lower of 2 units

$949,000 / Noe Valley/  2 BR/2 BA, pkg, contemporary top unit, great location, outdoor space/Open Sunday, April 13th!   

$675,000 / Napa Valley /  899 Oak Leaf Way/  Silverado CC, 2 BR/ 2 BA, pkg. in rental pool, remodeled, membership to Silverado CC available with purchase (seller to credit half of the transfer fee).  

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I rely on your referrals to help my business grow and your support makes a huge difference. Thanks again for sending your friends, loved ones and associates my way whenever they have real estate business to attend to. If you are interested in knowing more about how the market is progressing, or know anyone else who wants the inside scoop, just call and Ill give you a play-by-play update.

See you soon!