Paragon Real Estate Group® first brokerage in San Francisco to provide Clarus touchCMA™ to its REALTORS®

Paragon has always been a company that is light on its feet, highly responsive to new ideas and opportunities, and now the time has come to take big steps in virtually every facet of our business to take us to the next level – Paragon CEO Bob Dadurka.

San Francisco, CA (PRWEB) September 26, 2013

“Since we opened our doors in 2004, we’ve been gratified by being able to build Paragon into one of the most successful brokerages in San Francisco. 2013 is shaping up to be our best year ever – with total sales up 20 percent and luxury home sales up a whopping 82 percent, we should go well beyond a billion dollars in sales – and our agents now have one of the highest averages sales per agent figures in the country. San Francisco has always been a very competitive market, the price point is very high and our clients are extremely sophisticated financially and technologically and in what they expect from the professionals who serve their needs. Paragon has always been a company that is light on its feet, highly responsive to new ideas and opportunities, and now the time has come to take big steps in virtually every facet of our business to take us to the next level,” Paragon CEO Bob Dadurka.

These steps include spinning off their investment real estate division, already one of the biggest players in that market segment, into the separate Paragon Commercial Brokerage in beautiful new offices at 1700 California. Another big piece of the plan is the centralization of Paragon’s residential brokerage operations in the 4-story building they purchased and completely renovated at 1400 Van Ness. This will then be followed by the opening of new, mobile-oriented, hub offices in other areas of the city such as the luxury home market of Pacific Heights-Marina, Potrero Hill, South Beach-SoMa and the Hayes Valley-Noe Valley area. Paragon is also actively growing the number of agents working in Marin, Napa and Sonoma, where their business is growing quickly. According to Paragon Managing Broker, Sally Stull, “The way people do business is rapidly changing and the way our agents serve our clients is changing. Big old-style offices with desks and phones are much less important; cutting edge technology that improves client communications, property marketing and the delivery of highest quality market analytics is what helps our clients most and what they want. So we are moving resources from an older business model to this more dynamic and more mobile model. We are extremely excited about the large investments we’re making in improved technology and more streamlined operations right now. This will be a huge win-win for Paragon and for our customers.”

Paragon has been investing particularly heavily in new marketing technologies. Paragon’s Director of Brand and Digital Marketing Lisa M. Norman highlighted a few of the biggest initiatives: “Marketing is one of the core products a real estate brokerage offers its clients and Paragon has always invested heavily in stand-out marketing across the multiple media platforms. But now we’re taking a quantum leap in digital and mobile marketing. Both our website and new online resource, ParaScopeSF, offer comprehensive information about living in the Bay Area and its complex real estate market. We’re the first brokerage in San Francisco to offer touchCMA, a highly sophisticated iPad-based presentation and market analysis tool, to all our agents and clients. Paragon has moved to a new, mobile marketing platform, Imprev, that allows marketing staff and agents to create incredible materials from wherever they are in less time than ever. As our footprint in the luxury home market grows by leaps and bounds, we are designing new programs and developing new partnerships to meet the special needs of that market segment. And finally, within the realm of traditional marketing, Paragon is redesigning and upgrading all its print marketing materials to a standard currently unmatched in San Francisco real estate sales.”

About the Company:

Paragon’s main residential office is at 1400 Van Ness Avenue in San Francisco and its Commercial Brokerage at 1700 California Street. Paragon can be found online at paragon-re.com and ParaScopeSF.com.

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Article source: http://www.prweb.com/releases/real-estate/San-Francisco/prweb11166036.htm

After 20 years in San Francisco, John Perry and Rob Picciotto, along with their children, Ben and Louisa, and three dogs, transplanted themselves to Oakland. “I didn’t think we would ever leave San Francisco, but a convergence of things made us consider moving,” said Perry.

In 1998, Perry and Picciotto had stretched to buy their Bernal Heights house and make it work as their family grew. In June it sold for more than triple what they’d paid, a windfall that allowed them to pay cash for a less expensive house in Oakland’s Leona Heights neighborhood in the hills above Mills College.

“We don’t have a mortgage anymore, which is awesome,” Perry said. “We doubled our square footage on more than an acre of land, and have phenomenal neighbors. Oakland is so diverse; it’s a whole new world to learn and explore. There’s more space, more mix.”

For a growing number of San Francisco residents, the math is compelling. Their houses now are worth more than ever. Meanwhile, although homes in the East Bay have had big price run-ups over the past year, they had fallen further during the downturn – meaning they’re still shy of their peaks.

“San Francisco is on the leading edge of the appreciation curve and other places are a step behind,” said Patrick Carlisle, chief market analyst with Paragon Real Estate Group in San Francisco. “The majority of our San Francisco neighborhoods now have met or exceeded their previous peak values reached in 2007 or 2008.”

Huge price differential

The result is that the price differential between San Francisco and other Bay Area counties, especially the East Bay, is greater now than ever, he said. Silicon Valley’s price appreciation has been strong enough that moving there from the city is more of a lateral move.

For David and Tamra Biener, the rising real estate market meant they could finally trade their cramped Dolores Street condo for a bigger place in the East Bay. With children soon to turn 6 and 8, their family outgrew the two-bedroom condo a couple of years ago – they’d converted the dining room to a third bedroom to make do – but were stuck because they were underwater.

“Our kids running up and down the hallway sounded like a herd of elephants to the people above and below,” he said. “We wanted to move in 2011, but at that time the condo was worth maybe $50,000 less than I’d bought it for. I was thinking, it’s another $50,000 in (real estate) commissions, so it will cost us $100,000 to get out of the condo. We can’t do that because we have to come up with 20 percent down on the new house. It’s supposed to work the other way.”

Way over asking price

But now the tide has turned.

“The crazy thing is that two years go by, we list our house for $50,000 more than I paid and get another $125,000 over listing,” he said.

Listed at $875,000, the house went for just a tad over $1 million. As soon as they were in contract, the Bieners made an offer on a five-bedroom Walnut Creek house with lots of room for the kids. It was listed at $1.285 million; their offer was just $15,000 over asking.

“There are two things going on that favor moving from the city to outside the city,” he said. “The prices have gone up way faster in San Francisco than they have outside of it. And the demand is so much higher in the city that you get that extra 10 or 20 percent over listing.”

Agents around the region said they’re seeing a definite increase in San Francisco out-migration.

“There was a time when you could be a move-up buyer in San Francisco, taking the equity out of your home or condo and buying a bigger one in the city, but that’s not the story anymore,” said Steve Dells, an agent for 25 years with Zephyr Real Estate in San Francisco. “The values in San Francisco have escalated so quickly and so much that whatever a move-up buyer can afford likely won’t be enough space to accommodate their reason for moving.”

Ashley Langworthy and Peter Gleason would have liked to be move-up San Francisco buyers, but the financials didn’t pencil out. With twins on the way, the couple needed more space than their one-bedroom Hayes Valley tenancy in common.

‘Cold foggy areas’

“The places in San Francisco where we could afford more space were in cold foggy areas near the edge of Daly City,” said Langworthy, a landscape designer. “We would have stayed in San Francisco if we could have been in neighborhoods we liked.”

Instead, they looked in the East Bay. However, the competition over there meant they got outbid 10 times and ended up paying above asking for a two-bedroom Berkeley house.

Their Hayes Valley TIC went for almost $100,000 more than the $450,000 they paid for it in 2008, not a windfall but enough to help them get a foothold in a stand-alone house in the East Bay. “I think the East Bay is a little more affordable than San Francisco, but it’s still very competitive,” Langworthy said.

Christine Englund and Dean Charlton migrated from the city to the East Bay because she got a dream job in San Ramon.

“Our house in West Portal is in one of the foggiest neighborhoods in town; 2 miles up from the ocean, you’re totally socked in for the summer,” Englund said. “It’s a two-bedroom one-bathroom, with a little yard, just 1,500 square feet.”

Listed at $799,000, the house got 12 offers and sold in late May for $1.025 million. “We hit just the right time,” Englund said. “Interest rates were still a bit lower than now and inventory was so tight in San Francisco.”

Their East Bay house, located in upscale Piedmont, was cheaper at $905,000 but at least 50 percent larger, with a third bedroom, second bathroom, bigger yard, deck and even a wine cellar.

“We got so much more space for the money, and then the weather, the people, the restaurants, everything we value were also great,” she said.

Fewer school-age kids in S.F.

While the current exodus is too new to have official statistics, longer-range census data underscore San Francisco’s ongoing family drain. San Francisco has about 8,000 fewer school-age youngsters in 2010 than in 2000. Of the city’s 805,235 residents, just 13.4 percent are younger than 18 – a smaller percentage than any other major U.S. city, including the Manhattan section of New York City, where 15 percent of the population is under 18. In San Jose, 24.8 percent of the residents are children; in Oakland, it’s 21.3 percent.

What will it mean to San Francisco if families continue to flee?

Perry, the 20-year resident who recently moved out with his partner and their children, has some sanguine thoughts.

“San Francisco renews itself on a regular basis,” he said. “A lot of cities don’t sustain the same populations through all the stages of (the residents’) lives. There may be different cities for different times in our life.”

Carolyn Said is a San Francisco Chronicle staff writer. E-mail: csaid@sfchronicle.com Twitter: @csaid

Article source: http://www.sfgate.com/realestate/article/Families-flee-S-F-for-East-Bay-with-cheaper-homes-4796027.php

After 20 years in San Francisco, John Perry and Rob Picciotto, along with their children, Ben and Louisa, and three dogs, transplanted themselves to Oakland. “I didn’t think we would ever leave San Francisco, but a convergence of things made us consider moving,” said Perry.

In 1998, Perry and Picciotto had stretched to buy their Bernal Heights house and make it work as their family grew. In June it sold for more than triple what they’d paid, a windfall that allowed them to pay cash for a less expensive house in Oakland’s Leona Heights neighborhood in the hills above Mills College.

“We don’t have a mortgage anymore, which is awesome,” Perry said. “We doubled our square footage on more than an acre of land, and have phenomenal neighbors. Oakland is so diverse; it’s a whole new world to learn and explore. There’s more space, more mix.”

For a growing number of San Francisco residents, the math is compelling. Their houses now are worth more than ever. Meanwhile, although homes in the East Bay have had big price run-ups over the past year, they had fallen further during the downturn – meaning they’re still shy of their peaks.

“San Francisco is on the leading edge of the appreciation curve and other places are a step behind,” said Patrick Carlisle, chief market analyst with Paragon Real Estate Group in San Francisco. “The majority of our San Francisco neighborhoods now have met or exceeded their previous peak values reached in 2007 or 2008.”

Huge price differential

The result is that the price differential between San Francisco and other Bay Area counties, especially the East Bay, is greater now than ever, he said. Silicon Valley’s price appreciation has been strong enough that moving there from the city is more of a lateral move.

For David and Tamra Biener, the rising real estate market meant they could finally trade their cramped Dolores Street condo for a bigger place in the East Bay. With children soon to turn 6 and 8, their family outgrew the two-bedroom condo a couple of years ago – they’d converted the dining room to a third bedroom to make do – but were stuck because they were underwater.

“Our kids running up and down the hallway sounded like a herd of elephants to the people above and below,” he said. “We wanted to move in 2011, but at that time the condo was worth maybe $50,000 less than I’d bought it for. I was thinking, it’s another $50,000 in (real estate) commissions, so it will cost us $100,000 to get out of the condo. We can’t do that because we have to come up with 20 percent down on the new house. It’s supposed to work the other way.”

Way over asking price

But now the tide has turned.

“The crazy thing is that two years go by, we list our house for $50,000 more than I paid and get another $125,000 over listing,” he said.

Listed at $875,000, the house went for just a tad over $1 million. As soon as they were in contract, the Bieners made an offer on a five-bedroom Walnut Creek house with lots of room for the kids. It was listed at $1.285 million; their offer was just $15,000 over asking.

“There are two things going on that favor moving from the city to outside the city,” he said. “The prices have gone up way faster in San Francisco than they have outside of it. And the demand is so much higher in the city that you get that extra 10 or 20 percent over listing.”

Agents around the region said they’re seeing a definite increase in San Francisco out-migration.

“There was a time when you could be a move-up buyer in San Francisco, taking the equity out of your home or condo and buying a bigger one in the city, but that’s not the story anymore,” said Steve Dells, an agent for 25 years with Zephyr Real Estate in San Francisco. “The values in San Francisco have escalated so quickly and so much that whatever a move-up buyer can afford likely won’t be enough space to accommodate their reason for moving.”

Ashley Langworthy and Peter Gleason would have liked to be move-up San Francisco buyers, but the financials didn’t pencil out. With twins on the way, the couple needed more space than their one-bedroom Hayes Valley tenancy in common.

‘Cold foggy areas’

“The places in San Francisco where we could afford more space were in cold foggy areas near the edge of Daly City,” said Langworthy, a landscape designer. “We would have stayed in San Francisco if we could have been in neighborhoods we liked.”

Instead, they looked in the East Bay. However, the competition over there meant they got outbid 10 times and ended up paying above asking for a two-bedroom Berkeley house.

Their Hayes Valley TIC went for almost $100,000 more than the $450,000 they paid for it in 2008, not a windfall but enough to help them get a foothold in a stand-alone house in the East Bay. “I think the East Bay is a little more affordable than San Francisco, but it’s still very competitive,” Langworthy said.

Christine Englund and Dean Charlton migrated from the city to the East Bay because she got a dream job in San Ramon.

“Our house in West Portal is in one of the foggiest neighborhoods in town; 2 miles up from the ocean, you’re totally socked in for the summer,” Englund said. “It’s a two-bedroom one-bathroom, with a little yard, just 1,500 square feet.”

Listed at $799,000, the house got 12 offers and sold in late May for $1.025 million. “We hit just the right time,” Englund said. “Interest rates were still a bit lower than now and inventory was so tight in San Francisco.”

Their East Bay house, located in upscale Piedmont, was cheaper at $905,000 but at least 50 percent larger, with a third bedroom, second bathroom, bigger yard, deck and even a wine cellar.

“We got so much more space for the money, and then the weather, the people, the restaurants, everything we value were also great,” she said.

Fewer school-age kids in S.F.

While the current exodus is too new to have official statistics, longer-range census data underscore San Francisco’s ongoing family drain. San Francisco has about 8,000 fewer school-age youngsters in 2010 than in 2000. Of the city’s 805,235 residents, just 13.4 percent are younger than 18 – a smaller percentage than any other major U.S. city, including the Manhattan section of New York City, where 15 percent of the population is under 18. In San Jose, 24.8 percent of the residents are children; in Oakland, it’s 21.3 percent.

What will it mean to San Francisco if families continue to flee?

Perry, the 20-year resident who recently moved out with his partner and their children, has some sanguine thoughts.

“San Francisco renews itself on a regular basis,” he said. “A lot of cities don’t sustain the same populations through all the stages of (the residents’) lives. There may be different cities for different times in our life.”

Carolyn Said is a San Francisco Chronicle staff writer. E-mail: csaid@sfchronicle.com Twitter: @csaid

Article source: http://www.sfgate.com/realestate/article/Families-flee-S-F-for-East-Bay-with-cheaper-homes-4796027.php

We had a very good response. It was only in the market two weeks.

San Francisco, CA (PRWEB) June 20, 2013

Sean Sullivan, Senior Sales Leader with Climb Real Estate Group in San Francisco was recently featured in a KRON4 news report featuring reporter Maureen Kelly about the second Rincon Tower which was put on hold five years ago after the housing recession of 2008. The second building, known as Rincon II has resumed construction. Rincon I finally sold out last fall. According to the KRON4 news report from late April(1), Rincon II was initially going to be condominiums for individual sale, but since resuming construction, the developers have changed their minds and have decided to make the units available for lease instead of for sale. Rincon is represented for sale by Polaris Pacific. Available now at ICON, these 1 and 2 bedroom homes feature contemporary, tasteful finishes located adjacent to shopping, transit, services, food and drink. Amazing views toward the top of the 6 story building. Represented for sale by Paragon Real Estate Group’s Suzanne Gregg and Jason Gorski.

Sullivan comments in the KRON4 news report that he would not be surprised if the developers change their minds again if there is a chance for them to get a better rate of return by selling instead of leasing. As it stands now it is not known what the market conditions will be in a year and beyond and if it will be more favorable to the developers to lease or sell. Sean Sullivan specializes in San Francisco real estate new construction and more information about other new properties can be found on his website. Century Condominiums, a chevron shaped building will open for sales late this summer.  They are 1 and 2 bedroom floor plans at the crossroads of Duboce Triangle and Upper Market. The View Penthouses feature commanding views and large private terraces. Represented for sale by Vanguard Properties’ Jean-Paul Samaha and Ed Deleski.

Another event to make international news featuring Sean Sullivan is the $82,000 parking space which recently sold in a condominium garage in San Francisco’s trendy South Beach neighborhood, near the Giants’ ballpark. This news was reported in the online news outlets Huffington Post, Britain’s Daily Mail, San Francisco Chronicle, the CBS Evening News, the Los Angeles Times and the Washington Post, among others. Sullivan commented in the Washington Post(2) “We had a very good response. It was only in the market two weeks.” Sullivan added that at the height of the property boom he sold a parking spot in the same building for $95,000. In the UK’s Daily Mail(3) Sullivan said the space was in a good part of the garage, and said the company struggled at first to put a price on it. The Linea condominiums are perhaps the most architecturally stunning residential development along Upper Market, Linea offers myriad views and floor plans to suit buyers who crave privacy or who want to be front-and-center in this dynamic location.  Glass curtain wall construction allows for floor-to-ceiling glass in most homes.  With the historic Art Deco San Francisco Mint and a new Whole Foods as neighbors, Linea graces an already remarkable location. Represented by for sale by Polaris Pacific.

About Sean Sullivan San Francisco Real Estate Agent

Sean Sullivan serves as Climb Real Estate Group’s Senior Sales Leader, where he oversees the brokerage’s agents and resale business. With more than fifteen years in the real estate industry, Sullivan has sold over $600 million in real estate and built a reputation for his sales leadership in the Bay Area — from San Francisco, San Mateo, and San Jose.

Sullivan has extensive experience in a variety of real estate transactions, both on the buying and on the selling sides, and expertly collaborates with attorneys, brokers, and the real estate community at large.  He has strong relationships with developers and buyers alike, who trust his honesty, market knowledge and vast experience in negotiating, renovating and problem solving.

As Senior Sales Leader, he is very involved in the real estate community as a member of SFAR, CAR, and NAR.  He is also active in SPUR San  Francisco Planning Urban Research Association, California Preservation Foundation, The National Trust for Historic Preservation, Jewish Vocational Services, SF Bicycle Coalition and Panhandle Park Stewards. Today, he continues to provide advice to his broker peers and volunteers his time teaching and participating in seminars.

Originally a Connecticut Yankee, he has lived in San Francisco for 15 years.  His interests include family, urban planning, fitness.  He has also been fortunate to travel to over 30 countries. He currently resides in the North Panhandle.

Contact Information

Sean Sullivan, Senior Sales Leader

Climb Real Estate Group

San Francisco, CA

415-215-0554

Sean(at)climbsf(dot)com

http://sfresource.com

(1) http://news.kron4.com/video/second-rincon-tower-starts-to-rise-above-san-francisco/

(2) http://articles.washingtonpost.com/2013-06-13/national/39940496_1_san-francisco-giants-real-estate-prices-parking-space

(3) http://www.dailymail.co.uk/news/article-2341399/Tiny-parking-spot-sells-82-000-San-Franciscos-South-Beach-weeks-offered-sale.html#ixzz2WVtBr0Vi

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Article source: http://www.prweb.com/releases/2013/6/prweb10852842.htm

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San Francisco gets called diverse, liberal, wealthy, and over-educated– often.  And apparently, such adjectives are verifiable, thanks to these handy graphs developed by Paragon Real Estate (view the original post with more slides at The Frontsteps blog). Note that the data crunched here is predominately that of the 2010 census, so some figures will be less than current, and perhaps not completely accurate as they are subject to that which is (and is not) reported to the census.

Still, overall, kind of cool stuff. And to most residents, these slides seem to tell of a version of San Francisco that’s pretty close to the real story.

Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest, and writes for SFGate and CurbedSF. Follow Anna on Twitter: @AnnaMarieErwert

Article source: http://blog.sfgate.com/ontheblock/2013/06/18/san-francisco-stats-like-youve-never-seen-them/

For more information: Gary Johnson, Paragon Real Estate Group, (415) 738-7068; gjohnson@paragonre.com

Article source: http://www.sfgate.com/realestate/walkthrough/article/Up-to-date-luxury-in-1904-Ashbury-Heights-home-4330484.php

Description: This Mediterranean-style corner home in the Inner Parkside area has abundant light and a sunken living room with a wood-burning fireplace. The kitchen has been recently remodeled and features a breakfast nook, pantry and high-end appliances. Located on the lower level, the master bedroom has its own bar and fireplace. The upstairs bedrooms share a remodeled split bathroom and a water fountain decorates the backyard. Three cars can fit in the home’s garage and the property is walking distance from West Portal boutiques and restaurants. Open houses are scheduled Wednesday and Thursday from 5 to 6:30 p.m.

For more information: Helena Zaludova, Paragon Real Estate, (415) 738-7010; helena@paragon-re.com

Article source: http://www.sfgate.com/realestate/walkthrough/article/Inner-Parkside-home-has-great-light-location-4196494.php

Developed by Paragon Outlet Partners, a commercial real estate development firm headquartered in Baltimore, the $150 million, 543,000 square foot outlet center with 130 leading designer and top brand name stores, will proudly serve the Greater San Francisco Bay region.

“Paragon Outlets Livermore Valley is one of only five outlet centers that will open in the United States this year,” said Paragon Outlet Partners Principal Robert A. Brvenik.  “We know shoppers are eager to save at our exciting collection of iconic brands and we’re thrilled to deliver an outlet center that is 100 percent leased just ahead of the holiday shopping season today.  In fact, we’ll keep Paragon Outlets Livermore Valley open until 11:00 p.m. Thursday and midnight both Friday and Saturday nights over our grand opening weekend.”

According to Paragon Outlet Partners Principal Nicholas King, “Not only are we proud to deliver a well-tenanted shopping destination that offers dramatic savings, but we are delighted our grand opening also represents the delivery of approximately 2,000 permanent jobs in the region.”

More than $15,000 in sweepstakes prizes and give-aways courtesy of merchants such as Armani Outlet, Bloomingdale’s, The Outlet Store, Cole Haan, Converse, Elie Tahari, J.Crew, Kipling, Levi’s Outlet Store, MaxMara, Movado Company Store, Nike Factory Store and Nine West Outlet, among many more, will mark Paragon Outlets Livermore Valley’s highly-anticipated debut in the regional marketplace. Anchor stores including Bloomingdale’s, The Outlet Store, Last Call by Neiman Marcus and Saks Fifth Avenue OFF 5TH will kick off the outlet center’s grand opening celebration early Wednesday, Nov. 7.

Bloomingdale’s, The Outlet Store will welcome shoppers to its VIP shopper preview day from 10:00 a.m. to 9:00 p.m., while Last Call by Neiman Marcus and Saks Fifth Avenue OFF 5TH will host shopper previews from noon to 5:00 p.m. and 6:00 p.m. to 9:00 p.m., respectively. Paragon Outlet Partners will officially open the area’s newest outlet shopping center at its Champagne Confetti Grand Opening Ceremony, near the outlet center’s Food Court, Thursday, Nov. 8 at 10:00 a.m. And, beginning at 5:00 p.m., Diablo, a leading lifestyle magazine, will host an invitation-only VIP Grand Opening Party complete with:

• Swag bags featuring merchandise from an array of brands including Bloomingdale’s, The Outlet Store, Columbia Sportswear, Goldtoe, Jockey, Le Creuset, Michael Stars, Tommy Hilfiger, Ultra Diamonds and many more.  (While supplies last.)
• Style Suggestions with Diablo Magazine’s Style Editor Kristen Haney along with Last Call by Neiman Marcus’s Stylist Brandy Lunsford.
• A sampling of culinary treasures of the Livermore Valley provided by area restaurants.
• Select wines courtesy of Wente Vineyards.

What’s more, the Livermore Valley Winegrowers Association will host Sunset, Sip Shop Saturday, Nov. 10 from 5:00 to 8:00 p.m. Featuring tastings from 15 of Livermore Valley’s wineries, tickets are $10 and may be purchased online at www.lvwine.org or on-site on a first come, first serve basis.

“Paragon Outlets is a great addition to Livermore Valley and will definitely enhance the wine county experience for our visitors,” said Chris Chandler, executive director of the Livermore Valley Winegrowers Association. “We are very pleased to partner with Paragon Outlets in making our beautiful region a top Bay Area destination.”

Paragon Outlets Livermore Valley’s grand opening weekend schedule follows. For a complete list of individual store grand opening sales, limited-time offers, special events and more including a merchant directory and outlet center map please visit www.paragonoutletsLV.com.

Wednesday, Nov. 7:

• Bloomingdale’s, The Outlet Store VIP shopper preview day: 10:00 a.m.to 9:00 p.m.
• Last Call by Neiman Marcus shopper preview: noon to 5:00 p.m.
• Saks Fifth Avenue OFF 5TH shopper preview: 6:00 to 9:00 p.m.

Thursday, Nov. 8: Open 10 a.m. to 11 p.m.

• 10 a.m.: Champagne Confetti Grand Opening Ceremony, near Food Court · 
• 10 a.m.: Paragon Outlets Livermore Valley opens with limited-time offers, merchant giveaways, prize sweepstakes and entertainment
• 5:00 to 8:00 p.m.: Diablo’s VIP Grand Opening Party, near Brooks Brothers Factory Store

Friday, Nov.9: Open 10 a.m. to midnight

• Limited-time offers, merchant giveaways, prize sweepstakes and entertainment

Saturday, Nov. 10: Open 10 a.m. to midnight

• Limited-time offers, merchant giveaways, prize sweepstakes and entertainment
• 5:00 to 8:00 p.m.: Livermore Valley Winegrowers Association’s Sunset, Sip Shop event

Sunday, Nov. 11: Open 10 a.m. to 7 p.m.

• Limited-time offers, merchant giveaways, prize sweepstakes and entertainment “Even before our grand opening shoppers have the opportunity to join our exclusive Privilege Club at www.paragonoutletsLV.com. Becoming a member entitles shoppers to a complimentary VIP Coupon Book worth hundreds of dollars in extra savings,” said Paragon Outlets Livermore Valley Assistant General Manager Dave Ackerman.   

About Paragon Outlets Livermore Valley Located on Interstate 580 at the El Charro Road exit in Livermore, Ca., Paragon Outlets Livermore Valley proudly serves the Greater San Francisco Bay region.  Celebrating its grand opening in November of 2012, Paragon Outlets Livermore Valley is home to 130 leading designer and top brand name stores including Bloomingdale’s, The Outlet Store, Last Call by Neiman Marcus, Saks Fifth Avenue OFF 5TH, Armani Outlet, Barneys New York Outlet, Burberry, Coach Factory, DKNY, Elie Tahari, Kate Spade New York, J.Crew, Michael Kors, Prada, Polo Ralph Lauren and Tommy Hilfiger, among many more, which offer savings of 25% to 65% every day.  For more information about Paragon Outlets Livermore Valley including a complete merchant directory, shopping hours and driving directions please visit www.paragonoutletsLV.com or contact the outlet center’s Management Office at 925.292.2868.

About Paragon Outlet Partners Headquartered in Baltimore, Paragon Outlet Partners is a commercial real estate development firm operated by a seasoned team of former Prime Retail executives with outlet center development projects serving the Dallas/Fort Worth and San Francisco regions along with a retail and entertainment complex in the Orlando market.  Its parent company, The Lightstone Group, is one of the largest privately held real estate companies in the U.S. with a diversified portfolio of retail, hospitality, office, industrial and residential real estate assets, including more than 8.1 million square feet of commercial space and more than 11,000 multi-family units in 19 states.  Paragon Outlet Partners’ upscale merchant portfolio includes top designer and leading brand names Saks Fifth Avenue OFF 5TH, Last Call by Neiman Marcus, Bloomingdale’s, The Outlet Store, Barneys New York Outlet, Coach Factory, Michael Kors, Nike Factory Store and Tommy Hilfiger, among many more.  For more information, visit www.paragonoutlets.com.

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Article source: http://newark.patch.com/articles/paragon-outlets-livermore-valley-set-to-open-ba562f87

The Paragon Real Estate Group is offering an August 2012 market update on the cycles in the homes market in San Francisco since 1983.

San Francisco, CA (PRWEB) August 18, 2012

The Paragon Real Estate Group is announcing the release of its August 2012 market report. The update from the real estate investment and brokerage company discusses the historical dynamics of the San Francisco home market from a longer term perspective with an eye to what lessons the past may hold regarding future trends.

“Financial market and housing market cycles have been around for hundreds of years. While future cycles will vary in their details, the causes, effects and trend lines are often quite similar, and may offer useful perspective and hold lessons for the future,” Patrick Carlisle, chief market analyst for Paragon Real Estate Group, said.

“Over the past 30 years, there have been two full housing market cycles, and we are now on the cusp of a third. The first cycle starts with the country coming out of the late 1970s, early 1980s recession. As the economy recovered, the housing market started to appreciate in 1984 and this surge in values began to accelerate deeper into the decade. Over six years, the market appreciated almost 100 percent. Finally, the 1980s version of irrational exuberance, as well as the late 1989 earthquake here in the Bay Area, ended the party. A new recession arrived, home prices sank, sales activity plunged and the market stayed flat for four years. Still, even after the decline, home values were 70 percent higher than when the boom began in 1984.”

Carlisle continued, “The second cycle looks similar but elongated. In 1996, after years of recession, the homes market suddenly took off and became frenzied — similar to what we’re experiencing today. The dotcom bubble pop and the September 2001 attacks created a market hiccup, but then the subprime and refinance insanity, CDOs and derivatives, and Ponzi schemes super-charged a housing bubble. From 1996 to 2006/2008, the market went through an astounding period of appreciation. (Different areas hit peak values at different times from 2006 to early 2008.) Then, in September 2008 came the market crash.”

Across the country, home values fell 15 percent to 60 percent, peak to bottom, depending on the area and how badly it was affected by foreclosures — most of San Francisco got off comparatively lightly with declines in the 15-percent to 25-percent range. The least affluent areas got hammered hardest by distressed sales and price declines; the most affluent were typically least affected. Then the market stayed flat for more than three years, albeit with a few short-term fluctuations.

Paragon’s chief market analyst continued, “In 2011, San Francisco began to show signs of perking up. An improving economy and growing buyer demand coupled with a low inventory of listings began to put upward pressure on prices. In 2012, as in 1996, the market abruptly grew frenzied with competitive bidding. The city’s affluent neighborhoods led the recovery, and those considered particularly desirable by newly wealthy, high-tech workers showed the largest gains. However, virtually the entire city is now experiencing a high demand-low supply dynamic. The SF median house sales price has increased dramatically in 2012, though varying widely by neighborhood. But it’s still an early recovery — though seemingly a strong, healthy one — and the economy remains susceptible to big financial/political crises. However, the greater Bay Area, the state and the country are all beginning to show signs of a housing recovery. New home construction is rising, distressed sales are declining, the rent vs. buy equation has turned favorable to buying, and values are ticking up again.”

“Absent another financial crisis, we expect this positive trend in the San Francisco homes market to continue,” Carlisle said.

For more information about Paragon Real Estate Group, its real estate agents or its homes for sale, please view its website at http://www.paragon-re.com or visit 1160 Battery St. in San Francisco. For additional market analytics, visit http://www.paragon-re.com/MarketDynamics/.

About Paragon Real Estate Group

Article source: http://www.virtual-strategy.com/2012/08/18/san-francisco-real-estate-company-paragon-real-estate-group-releases-30-year-overview-san

Paragon Real Estate Group has been ranked as the Top Real Estate Agency by RealTrends

After less than eight years in business, Paragon is at the top of the national ranking and number one in the Bay Area (of the largest brokerages) in producing successful results for our clients.

San Francisco, CA (PRWEB) April 27, 2012

Paragon Real Estate Group of San Francisco is thrilled to have been named as one of the top real estate agencies in two categories by RealTrends. Considered to be the leading source of analysis and information on the residential brokerage and housing industry, RealTrends recently released its 500 ranking report for the 500 largest residential real estate brokerages in the U.S. Based on 2011 sales, RealTrends has ranked Paragon Real Estate Group of San Francisco as number three in sales volume per real estate agent and number four in average sales price.

“After less than eight years in business, Paragon is at the top of the national ranking and number one in the Bay Area (of the largest brokerages) in producing successful results for our clients,” Randy Zinn of Paragon Real Estate Group said. “In that same period, Paragon has established a strong presence in high-end luxury home sales in San Francisco.”

Paragon’s San Francisco real estate agents averaged more than $7 million in sales volume in 2011, with an average sales price of more than $1 million a year. Its success in business in such a short time attracts first-time homebuyers and those looking for real estate investments, both of whom trust Paragon to help them choose the perfect place.

Founded in 2004 by five of the most experienced and successful real estate managers in San Francisco, Paragon is already one of the top three residential brokerages in the city by sales volume. In addition to the recent recognitions by RealTrends, the SF Business Times once again named Paragon as number one in sales per agent of the top 10 brokerages in the Bay Area, and Broker Metrics has designated Paragon as having the largest number of agents in the top 10 percent of all San Francisco agents by dollar volume sales.

For more information about Paragon Real Estate Group, call 415-738-7070, view the real estate agents on the web at http://www.paragon-re.com or visit 1160 Battery St. in San Francisco.

About Paragon Real Estate Group

Paragon Real Estate Group is the only locally-owned and -managed brokerage in San Francisco that conducts business across the entire city in all market segments–first-time homebuyers, residential and luxury homes, real estate investment and commercial property, leasing and new home development. With about 125 agents and a management, marketing and support team of more than 20, Paragon brokered almost a billion dollars in real estate in 2011.

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