This three-bedroom home at 330 Gravatt Dr. in Berkeley is on the market for $1.15 million.

Blanca Torres
Reporter- San Francisco Business Times

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Homes in East Bay cities are seeing dramatic price gains far greater than homes in San Francisco, according to ZipRealty, an online real estate brokerage.

Oakland’s median home price ballooned 76 percent to $432,000 in August compared with $245,500 in August of 2012. In Hayward, home prices jumped 55 percent to $387,000 in August 2013 compared with $250,000 last year.

Meanwhile, San Francisco’s median went up by 20 percent to $880,000, up from $735,000.

“Oakland and other communities in the East Bay were impacted more severely by the foreclosure crisis, which took a toll on East Bay real estate values while also setting these areas up for the dramatic recovery in prices we are now witnessing,” said Lanny Baker, president and CEO of Emeryville-based ZipRealty.

Prices are up by 36 percent across the nine-country Bay Area with a median of $585,000, so cities like Oakland and Hayward represent a deal in the region.

Nonetheless, prices can vary significantly from ZIP code to ZIP code in the same city. For example, Berkeley, where the median home price jumped by 21 percent during the past year to $737,500, has three ZIP codes where the median is above San Francisco’s median: $955,000 in 94707, $901,000 in 94708 and $1.22 million in 94705, which includes neighborhoods such as Claremont, the Claremont Hills, Elmwood and Panoramic Hill.

In Oakland, the 94610 ZIP code has the highest median home price of $743,000 and encompasses neighborhoods like Grand Lake, Adams Point, Lakeshore, Crocker Highlands and Trestle Glen.

In San Francisco, some of the fastest appreciating neighborhoods include North Beach and Telegraph Hill in the 94133 ZIP code where prices grew by 82 percent during the past year as well as the Marina, Cow Hollow and Pacific Heights in the 94123 ZIP code where prices rose by 68 percent in the past year.

A number of factors influence how much an area’s median home price goes up such as number of homes available. Cities such as Oakland, Berkeley, Hayward and San Francisco had less home inventory in 2013 than the year before.

Blanca Torres covers East Bay real estate for the San Francisco Business Times.

Article source: http://www.bizjournals.com/sanfrancisco/blog/real-estate/2013/09/east-bay-home-prices-san-francisco.html

Real estate in some parts of the nation experiences the malaise of fall, buyers cooled off by chilly weather and shorter days, distracted by the impending holiday season. But not the Bay Area. This September, Bay Area property sales made improvements in three key areas: days on the market (DOM); listing prices; and, most importantly of all, sales prices.

ZipRealty recently released September 2012 data in comparison with 2011 for each county in the Bay Area. And that data shows a very hot market, with no sign of seasonal slowdown whatsoever.

<!– –>

Want some local proof? Here are three San Francisco listings in which the sellers ask a million dollars or more above what they paid for them. In only one case, this first example, has the current seller been in the home more than 2 years.

Number one, Lower Pac Heights

On Buchannan Street in Lower Pac Heights, a splendid Victorian 5 bedroom offers evidence. Public records show it sold for $1,550,000 in 2005. Now it’s listed at $2,595,000—a substantial increase indeed, intimating the home rose over $100K a year in value every year since 2005.

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Number two, SoMa

Or how about the first ever re-sell of an Infinity Tower duplex? This unit at 338 Spear offers 3 bed, 3 baths, jaw-dropping views, and a price to match. After having sold for $1,760,000 2 years ago, this property is now listed at $3,200,000- an increase of over 80% in just 2 years.

Number three, Cow Hollow

Or, this Cow Hollow listing, 3 bedrooms, easy walk to Presidio. Yes, the official write up hints at extensive remodeling (most of it in white, per photos). But that remodeling alone wouldn’t justify new price—we also need that crazy Bay Area real estate magic: according to sales history, the property sold $2,200,000 in 2010. Now, it’s $4,750,000.

So we ask you, readers, what’s next? Low inventory forcing prices up in every corner of the Bay, no matter what the season… how much higher can they go?

Article source: http://blog.sfgate.com/ontheblock/2012/10/25/seasonal-slowdown-not-in-the-bay-area/

SAN FRANCISCO, CA, Feb 01, 2012 (MARKETWIRE via COMTEX) –
McGuire Real Estate, a San Francisco Bay Area boutique real estate
firm, celebrated a successful 2011 and recognized the accomplishments
of their sales associates at their 2012 Annual Kick Off Event at the
historical Julia Morgan Ballroom.

The honor of #1 Company-Wide Top Producer for 2011 is Barbara Callan.
Barbara Callan celebrates her consecutive 10 years of receiving this
award. Callan acknowledges that her consistent success has been the
result of working with her son Robert Callan Jr. as well as their
assistant David Ayerdi. Callan has had impressive sales in Pacific
Heights, St. Francis Wood, and Cow Hollow.

The managing brokers for each McGuire office individually recognized
the Top Performing agent for each region, the Rookie of the Year, and
the Senior Associate who has been a key member of the McGuire family
for 20 years.

McGuire is proud to announce the recipients of these awards:

        --  McGuire Top producer East Bay -- Barbara Reynolds
        --  McGuire Top Producer Noe Valley -- Jeff Salgado
        --  McGuire Top Producer Marin -- Liz McCarthy
        --  McGuire Top Producer SOMA -- Eric Turner
        --  McGuire Top Producer Peninsula -- Geoffrey Nelson
        --  McGuire Rookie of the Year -- Jim Clopton -- Sonoma and Napa
        --  McGuire Senior Associate -- Blanche Streeter -- San Francisco

McGuire also recognized the top 35 agents in the firm as its Top
Producers. This designation is based on gross sales volume,
company-wide. Their combined sales in 2011 was more than half a
billion dollars.

The McGuire Top Producers are: Barbara Callan, Neal Ward, Leslie de
Bretteville, Geoffrey Nelson, Eric Turner, Robert Callan, Jr., Heidi
Maierhofer, Greg Damelio, Liz McCarthy, Kim Gelman, Chris Panou,
Darwin Tejada, Ronni Garfield, Lotte Moore, Sarah Kowalczyk, Jeffrey
Salgado, Valerie Sancimino, Ana T.L. Dierkhising, Cynthia Cummins,
Adam Gavzer, Andrew Paolucci, Blanche Streeter, Alisa Ruiz-Johnson,
Gael Bruno, Howard Reinstein, Michael Freethy, Lea Ann Fleming,
Michael Fleming, Stasi Martin, Michael Haywood, Barbara Reynolds,
Jenny Wang, David Parry, Chris O’Connor, Debi Green, and Pamela
Zaragoza.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral
part of the real estate scene in the San Francisco Bay Area for over
90 years. A mid-sized, regional boutique, McGuire specializes in
luxury real estate but applies the highest standards of service to
properties in every price range, and to every client. Its “customer
first” philosophy and local focus has proved to be a winning formula
for this Bay Area real estate leader. McGuire’s affiliations with
Luxury Portfolio successfully connects its clients and agents to a
worldwide marketplace. McGuire operates three offices in San
Francisco, two in Marin County, one in Burlingame serving the
Peninsula, and two serving the East Bay.

To learn more about McGuire Real Estate, contact us at
clientcare@mcguire.com, 1-800-4-RESULTS or visit
www.mcguire.com .

SOURCE: McGuire Real Estate

Copyright 2012 Marketwire, Inc., All rights reserved.

Article source: http://www.marketwatch.com/story/mcguire-congratulates-its-2011-top-producers-and-1-company-wide-agent-barbara-callan-2012-02-01

SAN FRANCISCO, CA, Feb 01, 2012 (MARKETWIRE via COMTEX) –
McGuire Real Estate, a San Francisco Bay Area boutique real estate
firm, celebrated a successful 2011 and recognized the accomplishments
of their sales associates at their 2012 Annual Kick Off Event at the
historical Julia Morgan Ballroom.

The honor of #1 Company-Wide Top Producer for 2011 is Barbara Callan.
Barbara Callan celebrates her consecutive 10 years of receiving this
award. Callan acknowledges that her consistent success has been the
result of working with her son Robert Callan Jr. as well as their
assistant David Ayerdi. Callan has had impressive sales in Pacific
Heights, St. Francis Wood, and Cow Hollow.

The managing brokers for each McGuire office individually recognized
the Top Performing agent for each region, the Rookie of the Year, and
the Senior Associate who has been a key member of the McGuire family
for 20 years.

McGuire is proud to announce the recipients of these awards:

        --  McGuire Top producer East Bay -- Barbara Reynolds
        --  McGuire Top Producer Noe Valley -- Jeff Salgado
        --  McGuire Top Producer Marin -- Liz McCarthy
        --  McGuire Top Producer SOMA -- Eric Turner
        --  McGuire Top Producer Peninsula -- Geoffrey Nelson
        --  McGuire Rookie of the Year -- Jim Clopton -- Sonoma and Napa
        --  McGuire Senior Associate -- Blanche Streeter -- San Francisco

McGuire also recognized the top 35 agents in the firm as its Top
Producers. This designation is based on gross sales volume,
company-wide. Their combined sales in 2011 was more than half a
billion dollars.

The McGuire Top Producers are: Barbara Callan, Neal Ward, Leslie de
Bretteville, Geoffrey Nelson, Eric Turner, Robert Callan, Jr., Heidi
Maierhofer, Greg Damelio, Liz McCarthy, Kim Gelman, Chris Panou,
Darwin Tejada, Ronni Garfield, Lotte Moore, Sarah Kowalczyk, Jeffrey
Salgado, Valerie Sancimino, Ana T.L. Dierkhising, Cynthia Cummins,
Adam Gavzer, Andrew Paolucci, Blanche Streeter, Alisa Ruiz-Johnson,
Gael Bruno, Howard Reinstein, Michael Freethy, Lea Ann Fleming,
Michael Fleming, Stasi Martin, Michael Haywood, Barbara Reynolds,
Jenny Wang, David Parry, Chris O’Connor, Debi Green, and Pamela
Zaragoza.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral
part of the real estate scene in the San Francisco Bay Area for over
90 years. A mid-sized, regional boutique, McGuire specializes in
luxury real estate but applies the highest standards of service to
properties in every price range, and to every client. Its “customer
first” philosophy and local focus has proved to be a winning formula
for this Bay Area real estate leader. McGuire’s affiliations with
Luxury Portfolio successfully connects its clients and agents to a
worldwide marketplace. McGuire operates three offices in San
Francisco, two in Marin County, one in Burlingame serving the
Peninsula, and two serving the East Bay.

To learn more about McGuire Real Estate, contact us at
clientcare@mcguire.com, 1-800-4-RESULTS or visit
www.mcguire.com .

SOURCE: McGuire Real Estate

Copyright 2012 Marketwire, Inc., All rights reserved.

Article source: http://www.marketwatch.com/story/mcguire-congratulates-its-2011-top-producers-and-1-company-wide-agent-barbara-callan-2012-02-01

The honor of #1 Company-Wide Top Producer for 2011 is Barbara Callan. Barbara Callan celebrates her consecutive 10 years of receiving this award. Callan acknowledges that her consistent success has been the result of working with her son Robert Callan Jr. as well as their assistant David Ayerdi. Callan has had impressive sales in Pacific Heights, St. Francis Wood, and Cow Hollow.

The managing brokers for each McGuire office individually recognized the Top Performing agent for each region, the Rookie of the Year, and the Senior Associate who has been a key member of the McGuire family for 20 years.

McGuire is proud to announce the recipients of these awards:

• McGuire Top producer East Bay — Barbara Reynolds
• McGuire Top Producer Noe Valley — Jeff Salgado
• McGuire Top Producer Marin — Liz McCarthy
• McGuire Top Producer SOMA — Eric Turner
• McGuire Top Producer Peninsula — Geoffrey Nelson
• McGuire Rookie of the Year — Jim Clopton — Sonoma and Napa
• McGuire Senior Associate — Blanche Streeter — San Francisco

McGuire also recognized the top 35 agents in the firm as its Top Producers. This designation is based on gross sales volume, company-wide. Their combined sales in 2011 was more than half a billion dollars.

The McGuire Top Producers are: Barbara Callan, Neal Ward, Leslie de Bretteville, Geoffrey Nelson, Eric Turner, Robert Callan, Jr., Heidi Maierhofer, Greg Damelio, Liz McCarthy, Kim Gelman, Chris Panou, Darwin Tejada, Ronni Garfield, Lotte Moore, Sarah Kowalczyk, Jeffrey Salgado, Valerie Sancimino, Ana T.L. Dierkhising, Cynthia Cummins, Adam Gavzer, Andrew Paolucci, Blanche Streeter, Alisa Ruiz-Johnson, Gael Bruno, Howard Reinstein, Michael Freethy, Lea Ann Fleming, Michael Fleming, Stasi Martin, Michael Haywood, Barbara Reynolds, Jenny Wang, David Parry, Chris O’Connor, Debi Green, and Pamela Zaragoza.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral part of the real estate scene in the San Francisco Bay Area for over 90 years. A mid-sized, regional boutique, McGuire specializes in luxury real estate but applies the highest standards of service to properties in every price range, and to every client. Its “customer first” philosophy and local focus has proved to be a winning formula for this Bay Area real estate leader. McGuire’s affiliations with Luxury Portfolio successfully connects its clients and agents to a worldwide marketplace. McGuire operates three offices in San Francisco, two in Marin County, one in Burlingame serving the Peninsula, and two serving the East Bay.

To learn more about McGuire Real Estate, contact us at clientcare@mcguire.com, 1-800-4-RESULTS or visit www.mcguire.com.

Article source: http://www.marketwire.com/press-release/mcguire-congratulates-its-2011-top-producers-and-1-company-wide-agent-barbara-callan-1614077.htm

A native San Franciscan, Bert attended St. Ignatius College Preparatory and the University of San Francisco. He’s been a neighborhood resident of the Sunset, Marina, Russian Hill, Parnassus Heights and Cow Hollow.

Bert has worked in sales and marketing his whole adult life and is the former Vice President of Marketing for Pacific Carbide in San Francisco. As the National Promotions Director of Warner Bros. Records in Burbank for close to a decade, he directed the company’s promotion efforts for pop radio and worked closely with some of the biggest names in the entertainment industry.

Bert’s honest and solid work ethic coupled by a service-oriented philosophy has built strong, long-lasting relationships both professionally and personally. He’s enjoyed working with an eclectic mix of clients over the years — the most memorable being John Lennon — whom he interviewed for several hours on the day he was tragically shot.

Bert uses his intimate knowledge of the city to guide buyers and sellers through each transaction process with ease. Clients value his character, integrity, and appreciate his ability to listen and relate to them on a personal level. He understands their needs and priorities, putting his excellent negotiation skills and marketing background to good use in order to provide the best service possible. Bert has personally bought and sold four homes, one TIC, and a condo.

In his spare time he enjoys playing handball and golfing. Married to his wife Ami for more than 35 years, together they raised their three sons and daughter in San Francisco. Bert served on the Board of Directors for the San Francisco Olympic Club, as well as the city’s Catholic Charities Board for eight years. He’s a proud member of the St. Ignatius Fathers’ Club and the Catholic Marin Breakfast Club.

ABOUT MCGUIRE REAL ESTATE

McGuire Real Estate has been an integral part of the San Francisco Bay Area real estate scene for over 90 years. A mid-sized, regional boutique, we specialize in luxury real estate, but apply the highest standards of service to properties in every price range and to every client. Our customer first philosophy and local focus has proved to be a winning formula as a Bay Area real estate leader. McGuire’s affiliation with Luxury Portfolio successfully connects our clients and agents to a worldwide marketplace. McGuire operates two offices in San Francisco, one in Marin County, one serving the Peninsula in Burlingame, and two in the East Bay.

To learn more about McGuire Real Estate, contact us at clientcare@mcguire.com, 1-800-4-RESULT, or visit www.mcguire.com.

Article source: http://www.marketwire.com/press-release/mcguire-real-estate-welcomes-agent-bert-keane-to-its-marina-office-1535381.htm

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1845 Franklin St.

(Mark Your Calendars: RealShare Apartments 2011, October 20 in Los Angeles).

SAN FRANCISCO-San Francisco-based private equity real estate investment firm, Tribeca Cos., has sold nine properties comprising 155 apartment units and one retail space in San Francisco and Burlingame. The properties are part of a 12-property portfolio that Tribeca acquired opportunistically through a loan purchase from lender UBS on Dec. 30, 2009 and immediately acquired the fee title through foreclosure of the properties previously owned by the Lembi Group.

The properties are located in areas including Pacific Heights, Cow Hollow, and lower Nob Hill in San Francisco, as well as one in downtown Burlingame just south of San Francisco. The addresses are: 1671 Lombard St., 2642 Gough St., 2648 Gough St., 2654 Gough St., 1845 Franklin St., 2011 Sacramento St., 2380 California St., 621 Taylor St., and 255 El Camino Real in Burlingame.

The properties were sold to a series of single-purpose entities of the Prado Group of San Francisco, a private real estate investment management and development firm. The purchase price was not disclosed, however Tribeca, through an owned affiliate partnership entity Sky Pacific Holdings II LLC, acquired the 12-building Lembi portfolio loans in December 2009 for approximately $31 million, and after acquiring the title, subsequently sold three assets in 2010. 

The transaction was financed by Tribeca Holdings and California Property Funding, a San Francisco-based financial services and investment firm.

The aggregate sale price of those first three properties plus the nine properties now closing came to a total in excess of $40 million. Tribeca realized an aggregate return in excess of 35% from its undisclosed original equity investment, according to a prepared statement. “The sale of the remaining properties reflects the healthy return of the San Francisco and Bay Area rental property market from the depths of the recession of the past two years,” says the statement. “Prado’s acquisition comes at a time when San Francisco occupancies have tightened considerably and rental demand is strong, with little to no new competing product opening in the near term.”

According to William Faidi, CEO of Tribeca, “Following the original acquisition in a complex foreclosure process, Tribeca began our value-enhancement program of carefully managing and maximizing values, to prepare the properties for eventual sale. The sale to Prado Group enabled us to quickly achieve our investment objective well ahead of our initial projected time-horizon. Tribeca is continuing on its path of investment in opportunistic real estate, focusing on retail and apartment properties in US markets”.

The acquisition marks the second Lembi Group apartment portfolio acquisition by the Prado Group in the last nine months. In September 2010, Prado Group acquired four buildings totaling 250 units that had been taken back by lender UBS. “The Tribeca acquisition is exactly the type of high quality apartment assets we are focused on acquiring in the infill neighborhoods of San Francisco and the Bay Area,” says Craig Greenwood, a principal at Prado Group. “The recovery has commenced and San Francisco is poised to outperform the nation based on its strong economic base, creative class and little to no new supply.” Prado Group was represented by Toby Costello and Michael Thomas of Wheelhouse Brokerage.

Categories:

West,
Multifamily,
Acquisitions/Dispositions,
San Francisco

Natalie Dolce Natalie Dolce, editor of the West Coast region for GlobeSt.com and Real Estate Forum, is responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, Natalie was Northeast bureau chief, covering New York City for GlobeSt.com. Dolce?s background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats Arthur Frommer?s Budget Travel magazine, FashionLedge.com, Co-Ed magazine, and has also freelanced for a number of publications including MSNBC.com and Museums New York magazine. Contact Natalie Dolce.

Article source: http://www.globest.com/news/1939_1939/sanfrancisco/311318-1.html

San Francisco’s luxury home market is showing signs of a turnaround, according to prominent Bay Area Realtor Cece Doricko, who specializes in Forest Hill, Pacific Heights, Cow Hollow and St. Francis Wood, CA real estate. Citing figures from Coldwell Banker’s latest San Francisco Luxury Market Report, Doricko reports a 13.6 percent increase in the number of home sales in the first quarter of 2011 as compared to that of the same period last year.

“Buyers of Pacific Heights luxury real estate and other luxury properties in San Francisco are starting to make their presence felt once again,” says Doricko, “and it’s not surprising why. Homes in these kinds of neighborhoods have always been sought-after and now there are quite a few that are priced lower than they have been for some time. It’s no wonder, then, that buyers who have the means are not letting these opportunities pass them by.”

On a year-over-year basis, the median sale price of San Francisco luxury real estate went down by 4.3 percent in the first quarter though it shows an increase of 3.9 percent when compared to the fourth quarter of 2010. “You won’t be seeing any dramatic price dips in these neighborhoods,” says leading Forest Hill, San Francisco Realtor Doricko. “Properties in areas like Forest Hill and Pacific Heights have always been at a premium, so whatever price declines you’re seeing now are likely to be it, especially since luxury home sales are already trending upwards.”    

Doricko, whose area of expertise includes Cow Hollow, San Francisco luxury homes and properties in Lower Marin County, recently launched a new real estate website, CeceDoricko.com, in anticipation of the market’s eventual recovery. “When people start buying homes again, they are going to need all the relevant and up-to-date information that they can get and this is what I aim to provide via this website.”

To begin exploring the San Francisco luxury home market and to learn more about Doricko’s real estate services, visit her new site, CeceDoricko.com.

###

For the original version on PRWeb visit: www.prweb.com/releases/prwebSanFranciscoRealtor/CeceDoricko/prweb8529269.htm

Article source: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/06/09/prweb8529269.DTL

Leading Forest Hill, San Francisco Realtor Cece Doricko reports seeing signs of a turnaround in the city’s luxury home market. More information on current market trends and available properties in Forest Hill, St. Francis Wood, and other premier neighborhoods can be found in Doricko’s newly launched website.

San Francisco, CA (PRWEB) June 09, 2011

San Francisco’s luxury home market is showing signs of a turnaround, according to prominent Bay Area Realtor Cece Doricko, who specializes in Forest Hill, Pacific Heights, Cow Hollow and St. Francis Wood, CA real estate. Citing figures from Coldwell Banker’s latest San Francisco Luxury Market Report, Doricko reports a 13.6 percent increase in the number of home sales in the first quarter of 2011 as compared to that of the same period last year.

“Buyers of Pacific Heights luxury real estate and other luxury properties in San Francisco are starting to make their presence felt once again,” says Doricko, “and it’s not surprising why. Homes in these kinds of neighborhoods have always been sought-after and now there are quite a few that are priced lower than they have been for some time. It’s no wonder, then, that buyers who have the means are not letting these opportunities pass them by.”

On a year-over-year basis, the median sale price of San Francisco luxury real estate went down by 4.3 percent in the first quarter though it shows an increase of 3.9 percent when compared to the fourth quarter of 2010. “You won’t be seeing any dramatic price dips in these neighborhoods,” says leading Forest Hill, San Francisco Realtor Doricko. “Properties in areas like Forest Hill and Pacific Heights have always been at a premium, so whatever price declines you’re seeing now are likely to be it, especially since luxury home sales are already trending upwards.”    

Doricko, whose area of expertise includes Cow Hollow, San Francisco luxury homes and properties in Lower Marin County, recently launched a new real estate website, CeceDoricko.com, in anticipation of the market’s eventual recovery. “When people start buying homes again, they are going to need all the relevant and up-to-date information that they can get and this is what I aim to provide via this website.”

To begin exploring the San Francisco luxury home market and to learn more about Doricko’s real estate services, visit her new site, CeceDoricko.com.

###

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebSanFranciscoRealtor/CeceDoricko/prweb8529269.htm

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Article source: http://www.benzinga.com/press-releases/11/06/p1151874/signs-of-a-turnaround-in-san-franciscos-luxury-real-estate-market