Urban Bay Properties Your urban real estate specialist
for the San Francisco Bay Area

415.546.3100 •

SPRING 2005 TABLE OF CONTENTS

Lofts Unlimited is now Urban Bay Properties

The merger of the Urban Bay Properties with Lofts Unlimited has spawned a company with a broad knowledge and understanding of the dynamic San Francisco and East Bay real estate markets.

Low Interest Rates/Low Inventory

The unrelenting Bay Area real estate market kicked off 2005 in high gear as home prices soared 20% from a year ago and sales reached the highest level since 1989.

Getting Your Offer Accepted

In today’s Seller’s Market, getting your offer accepted can be more difficult than ever. Here are a few things you can do to improve your chances with the impending competition.

Price Over Asking

There was a time in the not-too-distant past when Bay Area properties sold at or near their asking price. Now, properties so frequently sell over asking, buyers often automatically assume a property will sell anywhere between $50,000 and $200,000 over list.

Leasing Update

The Bay Area rental market continues to heat up as availability has tightened and an increased number of units turn over in just 30 days or less.

Meet our new website, UbayP.com

Now that Lofts Unlimited has changed its name to Urban Bay Properties, we have launched a new website to provide you with an even better Internet experience.

New Developments

While the Bay Area struggles with tight real estate inventory, Urban Bay Properties is excited to represent six new developments, all coming to market in the first half of 2005. These projects include a total of over 200 loft and condominium homes in San Francisco, Oakland, and Antioch.

UrbanInsight

Welcome to the Spring 2005 issue of UrbanInsight, published by Urban Bay Properties.

UrbanInsight will no longer be released to the public. However, read our RealtorInsight series for current updates on the market, and download free market reports for key San Francisco and East Bay neighborhoods.

If you would like to receive an email when new features are released, sign up here. It’s free, easy to cancel, and we promise to never misuse your information in any way.

Free Market Reports

Also, you can now download free market reports for key San Francisco and East Bay neighbor­hoods. These reports provide in-depth analyses of real estate market trends. Visit UbayP.com/reports to learn more.

Let us know how we’re doing, or ask an agent any question about real estate.

San Francisco:

415.546.3100

East Bay

510.622.8300

 


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