Wednesday, October 31, 2007

Weekly Sales Report

Happy Halloween! Understandably most of us adults do not do much celebrating on this day, but if you have children it is a whole other story. You'd better believe that I will be out there trick or treating with my four year old who chose to be Elvis Presley and made his grandmother very proud. He is the only boy not dressing up as a super hero in his preschool. My four month old son will be a tootsie roll; the most ridiculously cute thing you have ever seen! I'm only mentioning this because there are certain spots in San Francisco that go all out for Halloween. It shows a sense of community and pride in the neighborhood which some people look for when trying to choose where they want to settle. Some of those spots are:

Fair Oaks in Noe Valley: they close of this street from 21st to 26th Street and it is packed with little princesses and superheros before long.

Westwood Park: This neighborhood is bordered by Ocean Ave and Monterrey Street. It feels like a suburb in that the houses are detached and have front yards. All through this neighborhood you will find homes decorated to the max and people sitting on their porches watching the crowds of trick or treaters pass by.

Belvedere Street in Cole Valley is another popular spot. I've this is where I've heard that the best candy can be found!

29th Ave in the Sunset at Golden Gate Park is the last on this list. It is a wonderful block of beautiful houses and families who know each other and love to celebrate.

There may be others, but how much candy can one person eat? The point is that if it is community you are looking for, learning about the events in the area may give you an idea of the level of involvement.

In spite of the holiday, there are still houses to be sold! The Fed announced another rate cut today bringing the federal funds rate to 4.5%, the lowest since January of 2006.


14 Escrow opened this week; only 3 were multiple offer situations. The most offers on a property were 4 on one of the mural building units on 24th Street in the Mission.

13 Escrows closed this week. 5 sold over asking, 7 sold under asking, and one at asking. The lowest underbid was a single family home in Jordan Park listed for 2,095,000. It finally sold for $1,875,000 after being on the market for about a month.

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