DuPont Registry – Home of the Day – 72 Rock Road, Kent Woodlands

DuPont Registry

Located in coveted Kent Woodlands, this beautiful shingled contemporary residence enjoys a private, serene setting and features expansive views of the Ross Valley and Mt Baldy. The home offers a stunning, remodeled kitchen and family room, spacious public rooms with vaulted ceilings and hardwood floors throughout the main level. All 4 bedrooms & laundry room are on one level. Great access to hiking/biking trails. Award winning Kentfield Schools.

Source: http://www.dupontregistry.com/homes/Search/Details.aspx?itemid=2364496

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S.F.’s ‘Princess Diaries’ house up for sale

Princess Diaries 1

Anne Hathaway fans and millionaires, take note. The home seen in 2001′s Whitney Houston-produced “The Princess Diaries” is on the market for a regal 2.6 million dollars. Located at 724 Brazil Avenue in San Francisco’s Excelsior District, this 103-year old building was originally a firehouse before becoming a residential property, and eventually cast as homely Anne’s pre-princess abode.

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At 4,800-square feet and featuring parking for four, the former firehouse is situated on a hill with cinematic views of the burgeoning Excelsior. Curbed reports that the realtor images the property to transition into “units, live-work space or your favorite tech start-up!”

The Brazil Avenue property could also be purchased by the family of a big-mouthed, wide-eyed teen hoping to stumble into a European monarchy.

Source: http://blog.sfgate.com/ontheblock/2014/10/08/s-f-s-princess-diaries-house-up-for-sale/#photo-534384

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S.F.’s new highest-priced listing: $39 million for a Billionaire’s Row mansion

The city has a new star player in the real estate pricing realm: 2701 Broadway in Pacific Heights has seven bedrooms, over 16,000 square feet, an indoor basketball court, a roof deck with panoramic bay views—and a price tag of $39 million. That’s a $12-million increase in the 2 1/2 years since the current owners—raw food chef Roxanne Klein and her Modulus Guitars CEO husband Michael Klein—bought the home from real estate mogul Ron Zeff. This despite the fact that “the present owners haven’t so much as changed the paint in the au pair suite,” according to Curbed. (New photos of the home were not yet available for release, but you can see photos from the 2012 sale in the gallery above.)

Billionaire Row

The 1910 neoclassical revival home did receive a major overhaul in 2002, which included a full seismic upgrade to the property as well as new mechanical, A/V, communications and security systems. The fixtures and finishes also received an upgrade, while keeping intact the home’s original molding, wainscoting, box beam ceiling and grand fireplaces.

Billionaire Row 3

Certainly not original to the home: the two-story, 30-foot-by-40-foot indoor basketball court on the garage level; or the elevator that can take you all the way from the court to the fourth floor, which has a second kitchen and dining room, his and hers studies (to match the his and hers dressing rooms in the master) and three terraces to take advantage of the Golden Gate Bridge and Alcatraz views.

Billionaire Row 2

Since the home just came to market, it remains to be seen if that view is actually worth the $39 million the owners are asking. Obviously, at this price point, it’s hard to know for sure, but there is one pretty good comp:  2950 Broadway just two blocks away sold for $35 million last year. The 11,000-square-foot Tudor revival is still the largest single-family sale in San Francisco history—but maybe not for long. They don’t call it “Billionaire’s Row” for nothing.

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Source: http://blog.sfgate.com/ontheblock/2014/11/06/s-f-s-new-highest-priced-listing-39-million-for-a-billionaires-row-mansion/#photo-549114

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San Francisco then and now: a pictographic study of a not so changed city

Many long-time residents of today’s San Francisco comment on the changes in the city, citing new development, new culture, and new industry pushing SF toward a modern identity that is sometimes criticized, other times praised. But these photos, taken by photographer David Glass, show a scenes so familiar even to new residents of the city– because though some are decades old, when we compare them to Google Street views of the same places, we see the locations captured within them haven’t changed much at all. Interesting? Comforting? We think yes.

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(The gallery above offers just a few of the then-and-now photos available on HotPads blog. See the rest by clicking here. To see more of Glass’ work, visit his Flickr page.)

Source: http://blog.sfgate.com/ontheblock/2014/11/03/san-francisco-then-and-now-a-pictographic-study-of-a-not-so-changed-city/#photo-546971

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Data Says Big Run-Up in Bay Area Home Prices Slows

The meteoric rise in home prices that has defined Bay Area real estate markets for more than two years is settling down. Select communities continue to post double-digit price increases, but prices in the region as a whole are falling back to earth, according to newly released data.

House built of $100 billsThe most recent S&P/Case-Shiller Home Price Indices delivered the sobering news: The San Francisco metro area, which had shown double-digit annual gains since November 2012, posted an annual return of 9 percent in August. One year earlier the year-over-year appreciation stood at 25.4 percent.

On a month-to-month basis, the pullback was even more pronounced: San Francisco had the largest monthly decline among the nation’s 20 largest metro areas in August — a 0.4 percent drop — and was the only metro area to post a negative monthly return two months in a row. (Prices fell 0.3 percent  from June to July.)

That’s the bad news. The good news is that even as home-price gains slow down, the increases posted over the past two years still make the San Francisco metro area one of the hottest markets for price growth.

The 9 percent annual rise in home prices that seems paltry when judged by past performance is nonetheless the third-highest gain among Case-Shiller’s top-20 markets.

Nationally, home prices posted an annual gain of 5.1 percent in August, and on a monthly basis they rose 0.2 percent — not much of a contrast to the Bay Area’s recent cooling.

And a look at local sales data shows that year-over-year comparisons of median single-family home prices varied widely in Pacific Union’s Bay Area regions, according to MLS statistics.

Annual-home price gains were up a solid 20 percent in our Silicon Valley region in August, and up 15 percent in our Contra Costa County region and 13 percent in the East Bay.

The annual declines in August were in our Sonoma Valley region, down 3 percent; Napa County, down 2 percent; and the Mid-Peninsula subregion, down 1 percent.

Lastly, if you’re wondering why Case-Shiller is just now reporting home-price data for August when other real estate researchers are preparing October results, well, that’s the way the index operates. The data is among the most highly regarded of all housing reports, known for its breadth of research and the accuracy of its conclusions, but it will never win a race for fast results.

Median Single-Family Home Prices in PU

Source: http://blog.pacunion.com/runup-in-bay-area-home-prices-slows/

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Pacific Union Real Estate Economic Forecast SF Bay Area

What an amazing evening for Pacific Union! Last night, Pacific Union CEO, Mark McLaughlin teamed up with John Burns, of John Burns Real Estate Consulting Firm, presenting some very interesting and thought provoking statistics on the future of the Bay Area Real Estate marketplace. Their research and projections are not to be missed.  I could not be more proud of my company and our CEO, Mark McLaughlin. What a fantastic event and exciting movement to be part of.
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Please have a look at the video link to last night’s webcast event: pacificunion.fora.tv
 PUI_Economic Webcast_Mark McLaughlin & John Burns PUI_Economic Webcast_Mark McLaughlin
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Pacific Union Moves Up List of Bay Area’s Fastest-Growing Companies

Pacific Union is excited to announce that we’ve been named to the San Francisco Business Times’ 2014 list of the 100 fastest-growing private companies in the Bay Area, which ranks local businesses based on fiscal-year revenue gains between 2011 and 2013. Our firm moved up the list’s rankings more than 40 spots from one year ago.Pacific Union logo

The San Francisco Business Times ranked Pacific Union as the 55th fastest-growing Bay Area-based private company, with a two-year revenue increase of nearly 141 percent. Last year, we ranked 96th on the publication’s list of fastest-growing companies.

Pacific Union was one of just two residential real estate brokerages named to the list and the highest ranked.

Our firm has moved up the ranks of several other notable media and industry lists this year. In August, we worked our way up almost 800 spots on the 2014 Inc. 5000 list, which ranks the fastest-growing companies in the U.S. Earlier in the spring, Pacific Union improved its standings on both the REAL Trends 500 report and RISMedia’s PowerBroker report.

In April, we were also humbled to be recognized as Christie’s International Real Estate’s “Affiliate of the Year” at the company’s annual global conference in Barcelona, Spain.

Source: http://blog.pacunion.com/pacific-union-fastest-growing-companies-bay-area-2014/

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Holly Golightly’s Breakfast at Tiffany’s House For Sale

Breakfast at Tiffany's House

After 11 years under the thumb of a former Merrill Lynch broker who was docked for insider trading, the Manhattan townhouse made famous by the iconic Audrey Hepburn flick Breakfast at Tiffany’s has again come up for sale. Listed for$5.85M, the 15-foot-wide Upper East Side house served as the backdrop for the exterior shots, but, disappointingly, it seems most of the interiors were shot on a sound stage. That would explain why Mr. Yunioshi’s top-floor artist’s atelier is nowhere to be found on the floor plan! Check out the listing photos and floor plan, courtesy of Curbed NY, after the jump.

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Source: http://curbed.com/archives/2011/12/09/holly-golightlys-breakfast-at-tiffanys-house-for-sale-1.php

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Bay Area Continues to Lead California’s Job Growth

Two Bay Area regions led the state in job gains on an annual basis in September, and unemployment dropped in every county from the previous month, trends sure to help sustain intense demand for real estate here.Help_Wanted_Orange

According to a report from the Palo Alto-based Center for Continuing Study of the California Economy (CCSCE), the Bay Area added 12,900 jobs in September and 99,000 over the past year. The organization says that the San Francisco metro area led the state in job growth, gaining 37,500 positions since last September for a year-over-year increase of 3.5 percent. The San Jose metro area followed closely behind, with 31,500 new jobs, an annual gain of 3.2 percent.

CCSCE also cited employment growth in theEast Bay region, which added 21,500 positions since last September, a year-over-year increase of 2.1 percent.

The organization’s report followed the California Employment Development Department’s September unemployment report, which shows that jobless claims decreased in all nine Bay Area counties for the second consecutive month.

Marin County continues to enjoy the lowest unemployment rate in the state, down to 3.9 percent in September on a nonseasonally adjusted basis. Four other Bay area counties are the only ones in California with unemployment rates of less than 5 percent: San Mateo (4.1 percent), San Francisco (4.4 percent), Napa (4.4 percent), and Sonoma (4.9 percent).

All nine Bay Area counties have a lower unemployment rate than the California average, which dropped to 7.3 percent on a seasonally adjusted basis.

The construction sector showed the biggest annual job increases in the state, growing 6 percent since September 2013. CCSCE calls the gain a “triple winner” for California’s economy, nothing that positions in the field typically pay high wages and create jobs in other industries.

Perhaps more importantly, an increase in hiring in the construction sector means that more homes are being built, which is crucial to California’s overall economic health, the organization says.

“Building housing and infrastructure addresses two of California’s key economic competitiveness challenges,” wrote Stephen Levy, CCSCE’s director.

Source: http://blog.pacunion.com/bay-area-continues-to-lead-california-job-growth/

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100 Fastest-Growing Private Companies in the Bay Area 2014

Exciting, but not surprising news about the rise of Pacific Union International to #55 on the list.  I love working at this company!

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No. 55: Pacific Union 
Mark McLaughlin, CEO
The San Francisco real estate brokerage grew 140.8 percent from 2011 to 2013.

Full Article: http://www.bizjournals.com/sanfrancisco/gallery/106641?s=image_gallery&img_no=1

 

 

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