A new report out Tuesday shows the real estate market in the Bay Area is hot.

San Francisco home prices have surged nearly 25 percent in the past year; the biggest increase in seven years. That’s more than double the nationwide average of major cities.

According to the SP/Case-Shiller index that ranks metropolitan cities, Las Vegas reported the next biggest jump at 23 percent, followed by Phoenix at nearly 21 percent.

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Article source: http://abclocal.go.com/kgo/story?section=news/business&id=9190210

“Right now is an exceptional time for San Francisco Bay Area real estate and the same can be said of our exceptional team of McGuire Agents serving seven counties across all four regions,” said Charles E. Moore, President/CEO of McGuire Real Estate. “I couldn’t be more pleased with this group of hardworking professionals who continue to carry the McGuire spirit into the years ahead.”

PENINSULA

Jacklyn Friedland has been successfully representing home buyers and sellers across the Bay Area for more than a decade. She specializes in selling high net worth property, working short sales and REOs, investment and development, customer relationship management, residential and commercial real estate, and sports relocation services. A family background in real estate and strong ties to the community, Jacklyn has developed valuable relationships unique to other business models. She is a preferred REALTOR® to the San Francisco 49ers organization and has worked with many professional athletes to purchase, sell or lease property in the Bay Area.

SAN FRANCISCO – SOMA

Tori Patton is a fifth generation Bay Area native that has a deep understanding for what makes San Francisco and the Bay Area a great place to live. Growing up on the peninsula and living in the city give her a local’s familiarity with many different parts of the Bay Area, as well as access to an extensive network which is an invaluable asset to her clients. Tori began her real estate career by teaming up with a Top Producer at McGuire’s SOMA Office, and over the course of the last two years she has helped successfully close over 30 transactions. A resident of the Marina District and member of the Marina Community Association, she stays involved on the latest developments and changes in the neighborhood.

Vernon Pipkin is a longtime resident of San Francisco that’s well-versed in the construction of residential high rise buildings and single-family dwellings. He enjoys working with people from all walks of life — whether it is buyers or sellers — and helping them realize the value and potential of a home and neighborhood is what allows him to build strong relationships and results for his trusted clients. Vernon has more than 15 years of experience working with both national and international corporations. He’s owned and operated his own design and mechanical product manufacturing company servicing the building industry.

Tim Farnham is best known for his dedication to his client relationships, whether they’re in the process of buying or selling their home. His clients often comment that the greatest perk to working with him is the personal attention that he affords for every single client. It can be difficult to find another agent with as much positive energy and enthusiasm as Tim possesses.

SAN FRANCISCO – MARINA

Ryan Maliszewski is a third-generation real estate professional whose design and marketing expertise gives him a unique and powerful perspective on how to identify and unlock the underlying value of a building for its owners. He also focuses on analyzing and understanding market data and trends with the help of McGuire’s in-house research department. As a recent first-time buyer of a multi-unit rental property, Ryan personally understands the ups and downs of the real estate transaction process. For his clients, Ryan makes the real estate process smooth and exciting by applying his unique experience and passion to showcase San Francisco’s hidden gems.

EAST BAY

Kim Florence brings to her clients a love of home and design, a determination to deliver results, an uncompromising eye for detail, experience in social media and use of the latest technology, and a sense of humor. Prior to real estate, she was a Consultant with BearingPoint where she spent the majority of her time writing, reviewing and presenting contracts between her company and the State of California. Although her education and work experience lend itself well to contract writing and negotiation, it was Kim’s love of everything house and home that brought her to real estate.

Patricia Pillsbury is a fifth generation San Franciscan and a homeowner for over three decades. With deep roots in the city, she’s expanded her horizons to the East Bay’s beautiful Berkeley and its neighboring communities. In addition to her personal knowledge of the Bay Area, Patricia offers a network of real estate professionals including mortgage brokers, inspectors, stagers, and title companies. A lifelong equestrian, she now enjoys riding the trails in Tilden Park, giving her a unique perspective of all that the East Bay has to offer.

Tom Chantler has a seasoned eye for aesthetics and the possibilities inherent in homes. A longtime resident of Rockridge and Upper Rockridge, Tom is familiar with the intricacies and charms of our diverse and eclectic East Bay neighborhoods. Tom is one of the Bay Area’s top voiceover talents. His career has spanned two decades and he is represented in San Francisco, Portland, Los Angeles and New York. Chances are that you have heard his voice or seen his face on the air.

MARIN

Cynthia Rosen is a full-time REALTOR® in Marin County, who prior to McGuire was with Alain Pinel Realtors in Corte Madera, and prides herself on being a “one stop real estate shop” for her clients. Before representing home buyers and sellers, she was a Wholesale Loan Officer with StoneCastle Land Home Financial where she specialized in refinancing, and an Insurance Broker with New York Life Insurance Company. Cynthia is a member of the National Association of REALTORS®, Marin Association of REALTORS®, and Rotary Club of Corte Madera, as well as a Certified Negotiation Specialist.

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 affiliation with Luxury Portfolio International successfully connects its clients and agents to a worldwide marketplace. McGuire operates three offices in San Francisco, one in Marin County, one in Burlingame serving the Peninsula, and one in Berkeley serving the East Bay.

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

Article source: http://www.constructiondigital.com/press_releases/residential-real-estate/mcguire-real-estate-expands-its-local-reach-with-nine-new-agents-across-the-bay-area

San Francisco, CA (PRWEB) May 17, 2013

Climb Real Estate Group’s new app for iOS devices allows users to browse homes and apartments for sale and rent in the San Francisco Bay Area. Buyers, sellers, owners, and luxury real estate aficionados are set to explore the world of extraordinary real estate with Climb’s long-awaited app.

The app shows high-quality photos and a full description for each of Climb Real Estate’s properties, as well as a link to contact the listing agent directly from the mobile device. Listings are updated in real time so users are always up-to-date with what’s happening in San Francisco real estate.

The app’s features include the ability to see all Climb’s current sales and rental listings or see what’s been recently sold and rented. Users can browse agent profiles, save favorite properties for viewing later, or share properties via email, Facebook and Twitter from inside the application.

“We are happy to announce that our dedicated mobile users can find a version at Apple’s Newsstand featuring some of our many fine properties,” said Climb partner Mark Choey, who was instrumental in the development and launch. “As a thought leader in the real estate technology space, it is crucial that Climb have an app.”

“With such a larger userbase using smart phones, iPads and other mobile devices, the importance of communicating effectively with a mobile consumer is essential,” said Managing Director Dirk Kinley. “What we have created not only provides compelling information for buyers, but it also reflects the innovation of Climb’s brand.”

The “ClimbSF Real Estate” app is available for free from iTunes and the Apple App Store.

Climb Real Estate Group is a full-service general real estate brokerage with an emphasis on the purchase, sale, rental and marketing of select residential new developments, commercial and premier resale properties. We specialize in condos, high rises, lofts and homes in South Beach, SOMA, South Beach, Mission Bay, Rincon Hill, Potrero Hill and Central Waterfront. Our focus is on urban-style properties, specializing in new construction, historic loft conversions, live/work spaces, Victorian flats, modern condominiums, and stylish single-family homes. We also have exclusive access to Off-Market Listings, Foreclosures and Developer Specials.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebclimbsf/launchesipadapp/prweb10742681.htm

Article source: http://www.sfgate.com/business/prweb/article/Climb-Real-Estate-Releases-iPad-App-for-San-4526213.php

Users can browse agent profiles, save favorite properties for viewing later, or share properties via email, Facebook and Twitter from inside the application.

San Francisco, CA (PRWEB) May 17, 2013

Climb Real Estate Group’s new app for iOS devices allows users to browse homes and apartments for sale and rent in the San Francisco Bay Area. Buyers, sellers, owners, and luxury real estate aficionados are set to explore the world of extraordinary real estate with Climb’s long-awaited app.

The app shows high-quality photos and a full description for each of Climb Real Estate’s properties, as well as a link to contact the listing agent directly from the mobile device. Listings are updated in real time so users are always up-to-date with what’s happening in San Francisco real estate.

The app’s features include the ability to see all Climb’s current sales and rental listings or see what’s been recently sold and rented. Users can browse agent profiles, save favorite properties for viewing later, or share properties via email, Facebook and Twitter from inside the application.

“We are happy to announce that our dedicated mobile users can find a version at Apple’s Newsstand featuring some of our many fine properties,” said Climb partner Mark Choey, who was instrumental in the development and launch. “As a thought leader in the real estate technology space, it is crucial that Climb have an app.”

“With such a larger userbase using smart phones, iPads and other mobile devices, the importance of communicating effectively with a mobile consumer is essential,” said Managing Director Dirk Kinley. “What we have created not only provides compelling information for buyers, but it also reflects the innovation of Climb’s brand.”

The “ClimbSF Real Estate” app is available for free from iTunes and the Apple App Store.

Climb Real Estate Group is a full-service general real estate brokerage with an emphasis on the purchase, sale, rental and marketing of select residential new developments, commercial and premier resale properties. We specialize in condos, high rises, lofts and homes in South Beach, SOMA, South Beach, Mission Bay, Rincon Hill, Potrero Hill and Central Waterfront. Our focus is on urban-style properties, specializing in new construction, historic loft conversions, live/work spaces, Victorian flats, modern condominiums, and stylish single-family homes. We also have exclusive access to Off-Market Listings, Foreclosures and Developer Specials.

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Article source: http://www.prweb.com/releases/climbsf/launchesipadapp/prweb10742681.htm

The housing market in San Francisco is leading the country in growth with a large demand for housing and a limited supply of inventory. Latest statistics from San Francisco Association of Realtors are showing February year-over-year single-family home inventory dropped by 38 percent while condo inventory dropped 33.3 percent for the same period. In any seller’s market, buyers work hard to be more appealing in making an offer. This begins with an increase in offer price, changes to financing parameters, and occasionally, waiving contingencies in extremely competitive markets, such as San Francisco.

Contingency-free offers bring risks. This is especially true in a city where many of the homes are older. People are not requiring the same inspections, repairs and other safeguards put in place to protect the home buyer. The calculated risk can pay off for some buyers but others, whose financing requires these contingencies, end up losing in the multiple offer situations.

“Cash is still king. More buyers are not only submitting offers well over list price, typically in the 10 -20% range, but the market place is seeing an increase in contingency-free offers,” says Dahle. “This has made the buying environment even more competitive. What are the risks for the buyer with financing versus cash buyer and how does one mitigate those risks? Especially when the offer involves limiting or ditching the safeguards of contingencies? It’s called calculated risk. Each property is different.”

Only the most informed real estate professionals can guide you through the ups and downs of the San Francisco Bay Area real estate market, and Kirk Dahle has been doing just that for buyers and sellers for several years. A relentless advocate for his clients, Kirk is constantly networking with real estate professionals to find the best listings and to bring a property to market. Contact Kirk directly at sfkirk(at)gmail(dot)com or call 415.203.8638.

Read the full story at http://www.prweb.com/releases/2013/4/prweb10586144.htm

Article source: http://www.digitaljournal.com/pr/1165943

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The FINANCIAL — Matterport, a Y Combinator graduate that just raised $5.6 million in
Series A funding to produce a scanner that makes 3D models of interior
spaces more cheaply and much more quickly than before, has a novel
technology opening new possibilities in real estate, remodeling and
construction.

But it also has a classic problem–convincing potential buyers that a new type of product is worth both the money and changing the way they usually do business.

“This is an answer in search of a problem,” said Willy Shih, professor at Harvard Business School specializing in manufacturing and product development. Shih looked at Matterport briefly, at the request of a reporter, and said that he is in general very positive on the technology’s potential, but that the company will need to quickly find customers that will be testing the product and help the company refine it, something that Matterport has already started doing with prototypes.

Matt Bell, the company’s co-founder and chief executive, said that Matterport’s initial customers would be real-estate photographers. “This is the next tool that they will need to have,” he said of the product, which will cost about as much as a good DSLR camera.

But San Francisco Bay Area real-estate photographer Bryce Greenfield, who was told about the technology by a reporter, said, “I don’t think I am interested.” For him, an investment of this kind would only be warranted if real estate agents really started demanding the service, and he’s skeptical of that.

As The Wall Street Journal said, video, for example, never took off even in high-end real estate listings, even though some people thought that the visual capabilities of video reels would be effective marketing tools. “Most agents are very tight with their purse strings,” said Greenfield. He said real-estate marketing has been pretty static for a while, with photographs accompanying listings.

Matterport’s technology is different from video, because it offers precise measurements, and soon enough, the company plans to also offer interactivity, so that besides a virtual walk through a space, one will be able to add and remove objects. The company hopes to first make money by selling the scanners, and then to also lock in monthly subscriptions from users for its service of creating the 3D models and hosting them online.
The Mountain View, Calif.-based Matterport’s scanner incorporates the same sensors used in Microsoft ’s Kinect platform, which runs on the XBox to visualize users’ movements. The device, which is controlled via an Apple iPad, takes several 3D scans of an interior space that are sent to Matterport. The company uses its software algorithms to process all the information and stitch together a full 3D model of the space in minutes.

Matterport will rely on resellers, as well as companies like recently launched Floored that will buy the scanners and create sales channels on their own.

Bell said that the company doesn’t have to sell a huge number of scanners to turn a profit. In a few years, he hopes that the hardware part of the business will go away completely, he said. At that time, he hopes that 3D sensor technology will become small and cheap enough to be incorporated into smartphones and tablets, so the question of an upfront investment will go away, and the company will become a purely software and services provider.

Related Stories

• Aston first to host NatWest business initiative scheme
• Maya end of the world a Western invention: Visiting Central American scholar
• Matterport’s 3-D Scanner Faces Marketing Challenge

Article source: http://finchannel.com/Main_News/B_Schools/124704_Matterport%E2%80%99s_3-D_Scanner_Faces_Marketing_Challenge/

North Beach San Francisco

Right now cash is king. Homes are consistently going for over list price with multiple offer scenarios being commonplace.

San Francisco, CA (PRWEB) January 31, 2013

The San Francisco market is seeing a great seller’s market. Multiple offer situations, cash in hand, and homes going to market earlier to meet buyer demand.

Business Insider reports, “Going into 2013, home prices are expected to rise 6 percent driven by steady demand, lower bank-owned (REO) sales, and lower inventory of unsold homes. This is according to CoreLogic’s latest report. The CoreLogic Home Price Index (HPI) increased 6.3 percent in 2012, the largest increase and highest level since 2006. And year-over-year home price increases were more widespread. This increase in home prices across a broader geographic spread is expected to continue in 2013.”

“Right now cash is king. Homes are consistently going for over list price with multiple offer scenarios being commonplace. Cash buyers who don’t have to deal with the financing world are winning.” Says Dahle. “A 6% increase for the year is a very promising number and we’re looking forward to a great 2013.”

Only the most informed real estate professionals can guide you through the ups and downs of the San Francisco Bay Area real estate market, and Kirk Dahle has been doing just that for buyers and sellers for several years. A relentless advocate for his clients, Kirk is constantly networking with real estate professionals to find the best listings and to bring a property to market. Contact Kirk directly at sfkirk(at)gmail(dot)com or call 415.203.8638.

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Article source: http://www.prweb.com/releases/2013/1/prweb10386770.htm

San Francisco, CA (PRWEB) January 31, 2013

The San Francisco market is seeing a great seller’s market. Multiple offer situations, cash in hand, and homes going to market earlier to meet buyer demand.

Business Insider reports, “Going into 2013, home prices are expected to rise 6 percent driven by steady demand, lower bank-owned (REO) sales, and lower inventory of unsold homes. This is according to CoreLogic’s latest report. The CoreLogic Home Price Index (HPI) increased 6.3 percent in 2012, the largest increase and highest level since 2006. And year-over-year home price increases were more widespread. This increase in home prices across a broader geographic spread is expected to continue in 2013.”

“Right now cash is king. Homes are consistently going for over list price with multiple offer scenarios being commonplace. Cash buyers who don’t have to deal with the financing world are winning.” Says Dahle. “A 6% increase for the year is a very promising number and we’re looking forward to a great 2013.”

Only the most informed real estate professionals can guide you through the ups and downs of the San Francisco Bay Area real estate market, and Kirk Dahle has been doing just that for buyers and sellers for several years. A relentless advocate for his clients, Kirk is constantly networking with real estate professionals to find the best listings and to bring a property to market. Contact Kirk directly at sfkirk(at)gmail(dot)com or call 415.203.8638.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/1/prweb10386770.htm

Article source: http://www.sfgate.com/business/prweb/article/San-Francisco-Real-Estate-Market-Shows-Home-Price-4241718.php

Thursday
24 January 2013
2:45 p.m.

A San Francisco Bay area real estate firm has acquired three extended-stay hotels in Las Vegas for a combined $34.4 million.

Hall Equities Group acquired the 359-room Hotel Suites of America for $11 million and the 96-room Cameron Suites for $4.9 million in November.

Those deals came after Hall spent $18.5 million in May for the 396-room Emerald Suites five miles south of the Strip.

Hotel Suites is on Paradise Road, across the street from Wynn Las Vegas’ golf course, and Cameron Suites is across from the Orleans, on Cameron Street off of Tropicana Avenue.

All three properties will eventually be branded Emerald Suites. They were being refurbished as of last month. Hotel units have a refrigerator, stove, oven and dishwasher.

Based in Walnut Creek, Calif., Hall Equities says it manages more than 8 million square feet of office, retail, multi-family, hospitality, industrial and self-storage facilities.

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Article source: http://www.vegasinc.com/news/2013/jan/24/real-estate-firm-buys-3-las-vegas-extended-stay-ho/