SAN FRANCISCO, CA, Nov 28, 2011 (MARKETWIRE via COMTEX) –
Last spring, Oliver Burgelman, Realtor with Zephyr Real Estate,
developed a new market-tracking website tool called PriceSquares.com.
The site originally covered properties in San Francisco, but the
demand for expansion quickly became apparent, particularly for the
North Bay. Consequently, the site now includes Marin, Napa, Sonoma,
Solano and Mendocino counties. The site also has undergone some
visual changes for a cleaner and more user-friendly interface.

The website instantly displays a map grid indicating whether the
average price per square foot is increasing or decreasing and shows
properties currently available for sale by MLS district, zip code,
neighborhood (in San Francisco), or by a customized “price square” of
the viewer’s choosing. The highest and lowest priced properties in a
given area are also clearly indicated on the map.

Originally developed for his own use and that of his clients, the
value of Burgelman’s website has received praise and recognition,
creating quite a stir in the blogosphere including noteworthy
mentions on Curbed SF and The Front Steps.

The website is easy to navigate with a fountain of useful information
and tips as well as convenient instructions for maximizing its
usefulness as a market tool. Opening a free user account is not
necessary to use the site. However, an account allows one to follow
properties, save information, analyze sold properties, receive
property updates and be alerted to new listings. Registered users may
also add comments to viewed properties, which are then visible to all
site visitors.

“The response to Price Squares has been very gratifying, from clients
and colleagues alike. I initially created this to save time searching
multiple websites to find this information, and it’s nice to see so
many others appreciate its convenience as well,” commented Burgelman.
“I am already working on expanding into more market areas.”

Burgelman, who partners with Mike Ackerman at Zephyr Real Estate, is
one of the company’s Top Producers and is an e-PRO Internet
Professional. He is a Certified Residential Specialist, a member of
the San Francisco, California and National Associations of
REALTORS(R) and is fluent in English, Dutch and French.

For more information about PriceSquares.com or information about
other market areas, please contact Oliver Burgelman at
oliver@zephyrsf.com.

About Zephyr Real Estate
Founded in 1978, Zephyr Real Estate is San
Francisco’s largest independent real estate firm with $1 billion in
annual gross sales in 2010 and a current roster of more than 200
full-time agents. In 2010, Zephyr launched its new website, which has
earned three web design awards, including the prestigious WebAward
for Outstanding Website from the Web Marketing Association. Zephyr
Real Estate is a member of the international relocation network,
Leading Real Estate Companies of the World; the luxury real estate
network, Who’s Who in Luxury Real Estate; and the local luxury
marketing association, the Luxury Marketing Council of San Francisco.
Zephyr has six strategically located offices in San Francisco, a
business center in Marin County, and serves a large customer base
throughout the San Francisco Bay Area. For more information, visit

www.zephyrsf.com .

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        Contact:
        Melody Brown
        Zephyr Real Estate
        San Francisco, CA
        415.729.3555
        Email Contact

SOURCE: Zephyr Real Estate

http://www2.marketwire.com/mw/emailprcntct?id=BE5CC27F46565942

Copyright 2011 Marketwire, Inc., All rights reserved.

Article source: http://www.marketwatch.com/story/pricesquarescom-goes-live-in-the-north-bay-2011-11-28

For the first time in years, a guy who quantifies the foreclosure crisis got to report some good news.

Kyle Lundstedt’s colleagues at LPS Applied Analytics call him Dr. Doom, as he calculates all the numbers for the monthly Mortgage Monitor Report.

But this month he got to report a drop in mortgage delinquencies, down more than 11 percent month-over month, to the lowest level since 2008.

“We’re starting to see that there are a lot of folks who are still hanging in there,” says Lundstedt. “The population is a better credit quality population.”

The subprimes, Alt-A’s, the bad lending of the housing boom, have largely moved through the system already, not to mention that big banks and servicers are getting far more aggressive with loan modifications. One quarter of the loans that were more than 90 days delinquent last year are now current. That’s not to say they will all stay current, but that’s a good sign.

Unfortunately, that’s all Dr. Doom could muster on the bright side: “It’s progress; it’s not game-changing.”

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Article source: http://www.cnbc.com/id/42880410?__source=RSS*blog*&par=RSS