Posts Tagged ‘ San Francisco real estate ’

The State of San Francisco Rental Markets

I’ve been looking through some recent reports to try and sleuth out the general economic level of malaise and I’m am happy to say that we are not yet feeling the pain in a serious way. The San Francisco Apartment Association magazine prints a nicely detailed economic overview by Mat Sheridan. The first chart shows us that the San Francisco employment rate is less that the state unemployment rate by a little less than half. At 4 to 5%, our jobless rate is painful, but not devastating. Our vacancy rates are still less than 5% and we are among the top rental markets in the country.

I have this theory…..San Francisco is host to huge commuter busses that stop in most areas of the city. They pick up workers from Google, Apple, EBAY, Genentech and other south bay companies. The commuters are picked up in central locations throughout the city and driven to work and back. This has brought huge numbers of well paid employees whose only alternative to living and in San Francisco and working in the south bay was to endure a hour plus commute or take Caltrans.

The bus alternative is a no cost convenient way to live in San Francisco and work in Silicon Valley. The net of this, (my theory) is that San Francisco and Silicon Valley are becoming economically interdependent and this has fueled our rental boom. The health of the tech industry is even more closely aligned to the economic health of San Francisco than ever before. The human typography of this city has been undeniably altered.

San Jose as a Leading Indicator Continue reading this post

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Posted by: Howard Sobel on March 20th, 2009 under Guest Bloggers, Market Trends

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Property Management Insight Makes Its Way to HomeGain Blog

We’d like to welcome Howard Bell of YourPropertyPath.com to our team of HomeGain Guest Bloggers!

Howard holds a certification in financial planning and offered goal oriented financial planning and investment advice. Today he enjoys applying these business development, business planning and sales strategy skills to the property management arena for the last five years.

He is also an active blogger of macro economic discussions and Trade talk for the San Francisco real estate industry. Howard’s blogs are full of news, rants and strong opinions about real estate markets.

He  is the editor/founder of a real estate information site with over 450 articles in 42 categories, helping people deal with the complexity of owning and managing.

Look for Howard’s first blog post later today!

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Posted by: Jessica Gopalakrishnan on March 20th, 2009 under Guest Bloggers, Property Management

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HomeGain’s Next Move to Support Realtors® in a Challenging Market

In response to current and forecasted market conditions, HomeGain has decided to reduce the referral fee for its AgentEvaluator program to 27% for all regular members and to 22% for Platinum and Gold Club members.

The new prices equate to a 10 percent reduction for all of HomeGain’s AgentEvaluator real estate agents and a 12 percent savings for HomeGain’s Platinum and Gold Club agents.

HomeGain’s AgentEvaluator Platinum Club and Gold Club members represent our top performing real estate professionals nationwide.

There are currently 299 Platinum Club members who have earned $125,000 or greater in gross commissions from their HomeGain leads, and 337 Gold Club members who have earned a minimum of $75,000 in gross commissions from their HomeGain leads. Continue reading this post

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Posted by: Louis Cammarosano on November 1st, 2007 under AgentEvaluator, HomeGain

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The Silver Lining

Realtor at a HouseThere are tons of media reports out there reporting on the real estate market in varying shades of mostly gray. You can’t log on to Inman News or Trulia and miss that it’s a little gloomy out there.

In fact, there are so many yard sale signs popping up on Zillow you almost can’t see the “homes for the ‘for sale’ signs”.

To their credit, Realtors® are adept at staying focused and getting the job done.

In fact, just the other day I heard from one of my long-time customers, Anthony Marguleas of Amalfi Estates in Los Angeles. Anthony deliberately surrounds himself with positive people and told me, “Business has been busy here and I just have to hustle a lot more. I am working to surround myself with positive people.”

That got me to thinking. Continue reading this post

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Posted by: Peggy Boehm on October 29th, 2007 under Realtor

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