San Francisco has seen a record increase in home prices in recent times. ACL Real Estate and Property Management analyze whether this growth is a sign of a healthy real estate market by reviewing the recently released report by The Demand Institute.

San Francisco, CA (PRWEB) March 18, 2014

Analyzing the recent report published by The Demand Institute, leading real estate and property management firm ACL Real Estate and Property Management says that San Francisco is unlikely to continue to witness the double digit housing price growth it experienced in 2013.

According to their report, A Tale of 2000 Cities, published by The Demand Institute in February 2014, home prices are likely to increase by an average of 2.1% per year during 2015-2018. However, this figure does not fully reflect the huge pricing differences the nation is likely to see across region. Here is how the report sees prices across states by 2018.

The report also demonstrates the disparity between home prices and the median income, with rents in San Francisco as high as thrice the national average. The Case-Schiller House Price Index for June 2013 had put the price rise in San Francisco at 47%, the highest among all the metropolitan areas studied. This increase, The Demand Institute’s report says was “largely driven by investors buying up swaths of distressed homes to meet growing rental demand.” At the same time, the report forecasts an annual growth rate of 2.1% for single-family homes during 2015-2018, given the expectations of better equilibrium between demand and supply.

“Rising housing prices is not always an indicator of a healthy market because health is more a function of whether people can afford homes at those prices in the long term,” says a spokesperson from ACL Real Estate and Property Management. According to the report published by The Demand Institute, 41% of households faced a moderate-to-severe housing cost burden in 2013 (with 25% carrying moderate burden and another 16% carrying severe burden). The Harvard Joint Center for Housing Studies defines a moderate cost burden as “the need to allocate 30 to 50 percent of pretax household income to essential housing expenses: mortgage principal and interest payment, rent, insurance, taxes, and utilities,” while a severe burden occurs when this figure rises to 50 percent.

The situation is scarcely better for renters. Following the 2007-2008 recession, more and more homeowners have turned into renters, leading to rising demand for rental accommodation. According to The Demand Institute’s study, 31% of tenants in the United States are today spending about 30%-40% of their pre-tax income on housing, with one in every four spending more than 50%. So, is the San Francisco residential market really healthy?

About ACL Real Estate and Property Management: With wide experience and a proven track record in quality service and reliability, ACL Real Estate and Property Management has carved a niche for itself for its real estate and property management services in the East Bay and Peninsula areas. The company has a successful track record of assisting home owners in both selling and buying any type of property. The company also offers comprehensive property management services that ease the process of selecting tenants, maintaining the home and ensuring timely rent collection for homeowners.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/03/prweb11678686.htm

Article source: http://www.virtual-strategy.com/2014/03/18/rise-sf-bay-area-home-prices-sign-healthy-real-estate-market

CIM acquired the apartment portfolio through a deed in lieu of foreclosure transaction. The properties span the geographic and demographic diversity of the City of San Francisco and, as is typical of this market, have high occupancies. CIM has applied its investment and management model to enhance the properties and increase the value of the portfolio. The San Francisco Bay Area is one of the strongest commercial real estate markets in the country and a top target for investors.

CIM identified the Greater Bay Area as possessing the attributes that fit its investment model, which focuses on established and emerging urban areas with solid infrastructure and transportation networks. CIM Group has investments in a variety of commercial properties in the Bay Area including approximately 1.7 million square feet of office properties and two hotels in Oakland.

About CIM Group

CIM Group is a leading real estate and infrastructure investment firm that since 1994 has systematically and successfully invested in dynamic and densely populated communities throughout North America. CIM Group draws on its experienced team of real estate, investment and finance professionals to identify and pursue investment opportunities in three primary strategic categories: repositioning and development projects in established and emerging urban areas; well-positioned operating properties in transitional and established districts; and infrastructure. CIM manages three distinct portfolios, including opportunistic, stabilized and infrastructure funds, each of which are diversified by geography and type of property within that risk profile. Headquartered in Los Angeles, CIM maintains regional offices in New York, the San Francisco Bay Area and Bethesda, Maryland. For more information, please visit www.cimgroup.com

Article source: http://www.heraldonline.com/2012/11/14/4415342/cim-group-sells-10-properties.html

SAN FRANCISCO, CA, Feb 28, 2012 (MARKETWIRE via COMTEX) –
Zephyr has once again achieved the top spot in real estate branding
in San Francisco. Nearly one out of nine real estate transactions
last year involved a Zephyr agent, representing either the buyer or
the seller. This equates to over 11 percent of the single-family
homes, condominiums, co-ops, lofts, tenancies-in-common, and
two-to-four unit buildings sold in San Francisco, 38 percent ahead of
the nearest challenger.

Zephyr holds the No. 1 brand position for total dollar volume sold in
San Francisco as well, amassing over 10 percent of the market, based
on statistics from the San Francisco Association of Realtors Multiple
Listing Service. The success of the company is directly attributed to
the success of the agents, and Zephyr’s agents are among the most
productive in the City.

“Signs of an improving economy are beginning to appear, and we are
excited about the outlook and our brand position for the coming
year,” commented Randall Kostick, Chief Operating Officer of Zephyr
Real Estate. “Zephyr’s elite team keeps our brand in this coveted
position.”

About Zephyr Real Estate
Founded in 1978, Zephyr Real Estate is San
Francisco’s largest independent real estate firm with over $1 billion
in gross annual sales 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 .

        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=410E6426C5003F79

Copyright 2012 Marketwire, Inc., All rights reserved.

Article source: http://www.marketwatch.com/story/zephyr-real-estate-is-san-franciscos-no-1-real-estate-brand-in-2011-2012-02-28

NAPA, Calif. (PRWEB) November 25, 2011

Pacific Union International (PUI), the San Francisco Bay Area’s premier international luxury real estate brand, together with Sheldon Good Co. and the family of the late, legendary winemaker and philanthropist Robert Mondavi announced today the stunning, 11,500 square-foot home situated on 57 acres in Napa Valley sold at auction. The estate was originally listed for $25 million; the published auction reserve was $13.9 million. The sale terms, including closing price and buyer, were not disclosed.

“Auctions create awareness of exclusive properties and drive focused sales interest, especially in unique, high-end properties. Many real estate firms shy away from auction sales out of fear of fostering an aura of distress or foreclosure. Unlike other firms in the Bay Area, Pacific Union embraces this selling model and is eager to offer more properties at auction,” said Mark A. McLaughlin, president and CEO of Pacific Union International. “Based on the successful conclusion of this transaction, we anticipate three or four more headline properties, each with a unique story and appeal.”

The Mondavi Napa Valley estate-perched atop a private mountaintop with 360-degree views-has been in the winemaker’s family since the 1980s. The property was sold via sealed bid auction by Sheldon Good Company, a portfolio company owned by Racebook Capital and America’s leading real estate auctioneer in cooperation with Pacific Union International. The 11,500-square-foot home is set into a grove of 100-year old oak trees on a sprawling 57-acre estate. Pacific Union promoted the property using their extensive database and through its exclusive relationship with Christie’s International Real Estate. Jocelyn Monello of Heritage Sotheby’s represented the buyer.

“We received multiple bids and the auction drew international interest,” said Jane Garassino-Blecksmith, Pacific Union Real Estate Professional and co-listing agent.

“The success of this auction is a market changer for West Coast properties-and clearly illustrates the Pacific Union team is poised for more,” added Chuck Sawday. Pacific Union Real Estate Professional and co-listing agent.

Sealed bids were submitted to Sheldon Good Company on November 16, 2011.

EDITORS NOTE: Images available upon request.

ABOUT PACIFIC UNION INTERNATIONAL: Pacific Union International (PUI)

PUI is the San Francisco Bay Area’s premier international luxury real estate brand operating in six counties including Alameda, Contra Costa, Marin, Napa, San Francisco and Sonoma for 35 years. Locally owned, PUI leadership operates with an entrepreneurial mindset and unwavering commitment to invest in the right people, processes and tools to ensure deep, long-standing client and agent relationships. In 2009, its team of over 425+ brokers achieved #1 ranking in average sales price and #1 ranking for professional productivity in all six counties. Through its exclusive relationship with Christie’s International Real Estate in the San Francisco Bay Area, Pacific Union delivers international reach in its property marketing programs and provides clients with access to international investors.

ABOUT ROBERT MARGRIT MONDAVI: Robert Mondavi is considered one of the world’s most notable wine makers, an innovator in both viticulture and marketing, He led a group of charismatic vintners who brought international attention to the wines of the Napa Valley and made them a global standard. Together with his wife Margrit, an innovative wine marketer and ambassador in her own right, Mondav worked with architect Cliff May and Robert’s son Michael Mondavi to create a house that suited their life perfectly. A classic of California design, this serene and comfortable home is a reflection of the Mondavi family’s passion for a life well-lived.

ABOUT SHELDON GOOD COMPANY: Sheldon Good Company is America’s premier Real Estate Auctioneer.

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For the original version on PRWeb visit: www.prweb.com/releases/prweb2011/11/prweb8990708.htm

Article source: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/11/25/prweb8990708.DTL

Monahan Pacific is a leading real estate investment and development firm in the San Francisco Bay Area that offers the best real estate solutions for investors and communities.

Fluctuations in the real estate industry are quite common, but the highs and lows never seem to have any dearth for demand in real estate investments. People have found real estate as one of the best investment opportunities to fund their retirement. However, to earn substantial profits from your real estate investment, you need to make sure that you are investing in properties that receive good recognition, are located in prime areas and have the scope for good appreciation. To a common man identifying all such aspects of real estate can be quite challenging. Therefore, the solution is to find out as much as you can of the long term history of the developer.

Thomas M Monahan is a trusted real estate developer with expertise in land acquisition, entitlements, finance, project design, construction management, marketing and sales, leasing and property management. Thomas M Monahan is known for their extensive local market knowledge, experience and meticulous planning. Monahan Pacific has all the skills and abilities along with a good rapport with communities, groups, county, city and federal agencies to help them develop for the needs and benefit of all.

Thomas M Monahan has an excellent team of highly knowledgeable, qualified, experienced and likeminded executives who have the ability to recognize and capitalize on underutilized or undervalued properties. a href=”http://thomasmmonahanwebinar.com/”Thomas M Monahan/a has built an excellent reputation over their 25 years of service and has to their credit a faithful and respectable impressive track history. You can be assured of capable services that are guaranteed to bring you the best possible returns on any project developed via Monahan Pacific Corporation.

Whether you want to invest in San Francisco Bay Area Home Market or looking for your own home, you can trust properties built by Thomas M Monahanand Monahan Pacific Corp. They dont actually sell the individual properties after constructed, but they advise the public about market conditions and suggest right time and opportunities for real estate investment. You can completely entrust your real estate investment plans in San Francisco Bay Area Home Market to a href=”http://thomas-m-monahan.com/”Thomas M Monahan/a.

About Us: a href=”http://thomas-m-monahan.com/”Thomas M Monahan/a Pacific offers real estate development investment opportunities in San Francisco Bay Area Home Market. Through his firm, Monahan Pacific Corporation they also offer win-win solutions for the community, investors and the company.

Contact Info: Monahan Pacific Corporation
1101 5th Avenue, Suite 300
San Rafael, CA 94901

ph. 415-456-0600

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Company: Monahan Pacific Corporation

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Contact: 1101 5th Avenue, Suite 300 San Rafael, CA 94901

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Article source: http://www.addpr.com/articles/real_estate/90870.html

Shopping center is what region needs

We’ve only lived in Redding for a year, so it might seem presumptuous to offer an opinion on the proposed shopping center. Since we really love our new environment, and find it a warm receptive place to live, I’ll venture forth.

Actually I see the siting of a shopping mall in this economic downturn as a real complement to the long term viability of Redding. My firm, based in San Francisco, provides risk management consulting services to many of the state’s leading real estate owner/developers. This gives me a unique view of the overall level of statewide development activity. The current economic climate is not producing a lot of commercial retail projects. Only those with very positive demographics are even being considered. It takes a strong respected developer, with an excellent track record to even get serious consideration from the limited number of capital providers. Since new mall development requires a high level of pre-lease commitment, this project has to have a lot of merit. Being able to secure funding for this project means that Redding has passed with flying colors a test of its economic potential by tough, unemotional experienced professionals whose job is demographic analysis.

In briefly talking with people manning the “no new shopping center” tables that have sprung up in other shopping centers, I’ve been given a lot of false information. Yes, this will be a huge shot in the arm for local construction jobs. There will be also a large number of good retail jobs added at a time of real need. Of course no one can dispute that millions of new taxes will be added to support police, fire and schools. To those of you waiting for “high paying” industrial jobs in Stillwater Park, don’t hold your breath. California’s general anti-business climate makes it highly unlikely any significant industrial expansion is in Redding’s future.

Finally I do appreciate the attitude of those living near any kind of development. Their lives will certainly be temporarily disrupted. Hopefully the project will ultimately enhance the value of their property.

Objectively, I urge any concerned Redding resident to support what appears to be a well-planned, much needed shot in the arm to Redding’s economic future. We plan to live here a long time and see the project as a validating factor for our decision.

Article source: http://www.redding.com/news/2011/sep/02/bob-nelson-shopping-center-is-what-region-needs/

The company wide initiative, which combines innovative technology from its parent company as well as a significant local effort to going paperless, is being launched to sharply reduce the reams of paperwork that accompany every transaction, save company expenses and create operational efficiencies across the entire organization. Equally important, Coldwell Banker Residential Brokerage hopes the program will make it much easier for homebuyers and sellers to conduct business in a virtual environment, via cloud computing.

Coldwell Banker Residential Brokerage’s cloud solution, called HomeBase?, will enable consumers using any mobile device to have a virtual hub at their fingertips where they can access their secure documents, communicate with their agent, be notified of key developments in their transaction, view a presentation about the mortgage application process and customize a calendar of to-do items related to their transaction. In some cases, other important parties such as the mortgage company, title agency and home appraiser can be linked in as well.

The HomeBase transaction management cloud is a proprietary tool developed in-house by Realogy Corporation, a global provider of real estate and relocation services. Coldwell Banker Residential Brokerage is owned and operated by NRT LLC, which is a subsidiary of Realogy. NRT-owned companies operating in markets across the country are currently utilizing the HomeBase cloud solution. In the first half of 2011 alone, more than 1.6 million documents were uploaded and approximately 18,000 clients logged in to use the system across the NRT family of companies.

“The real estate industry is arguably the biggest user of paper in corporate America, but also the furthest behind in using advanced technology like cloud computing,” said Rick Turley, president of Coldwell Banker Residential Brokerage in the Bay Area. “As the largest company in our industry – and one that has a history of deploying new technological tools – we felt it was important for our company to step up and take the leadership role on this critical issue.”

Turley said the paperwork required for real estate transactions in California is “staggering,” adding up to about 800 pages for a typical sale. When you multiple that by three copies for the brokerage, the agent and the consumer, it translates into 45 million pages for a company the size of Coldwell Banker Residential Brokerage last year alone – the equivalent of 5,300 trees and a cost of $4.5 million.

In an effort to change all that, Coldwell Banker Residential Brokerage has embarked on an ambitious corporate wide effort known as Project Greenlight to transition the company to electronic documents throughout the entire home-buying process. Coldwell Banker has hired a staff to oversee the effort, including a project manager, cloud computing administrators and cloud trainers.

The program is being tested first in the company’s Saratoga and Petaluma offices, where more than 200 sales associates work with homebuyers and sellers. Over the next year, Coldwell Banker Residential Brokerage hopes to roll out the program to all 62 offices and 3,600 agents throughout Northern California.

“We think it’s fitting that we’re launching this new tech initiative here in Silicon Valley,” Turley said. “Many of our customers are early adopters of advanced technology. They’re used to conducting business on the run with smart phones and other mobile computing devices. Deploying cloud computing and moving toward a greener, paperless process is one more way to show our customers that we’re on the same page as them.”

Going completely paperless will not happen overnight for the industry’s largest real estate brokerage, Turley said. “This really is a process that will involve every single aspect of our business, from scanning existing documents and placing them in the cloud, to instituting electronic forms and eSignature processes to training thousands of agents,” he said.

“But there’s a lot we can do right away to make a difference, saving one tree at a time as we like to say,” Turley noted. “Our agents, managers and staff are all excited about this program and proud to be at the forefront of this technological and environmental evolution.”

About Coldwell Banker Residential Brokerage

Coldwell Banker Residential Brokerage is the largest residential real estate brokerage in Northern California and serves the markets from Monterey to Tahoe and nearly every market in between. The company has 62 office locations and more than 3,600 sales associates throughout Northern California. Last year the company handled 13.5% of all dollar volume sold in Northern California, more than double its nearest competitor. Through its internationally renowned Coldwell Banker Previews® program, the company leads the luxury home market in Northern California, representing more than 22% of all dollar volume sold of properties over $1 million. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT has 750 offices and 45,000 sales associates operating in more than 35 major metropolitan areas. A subsidiary of Realogy Corporation, NRT operates Realogy’s company-owned real estate brokerage offices. For more information please visit www.CaliforniaMoves.com or call 925.275.3085. DRE # 00313415.

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Article source: http://www.pr.com/press-release/342163