December 31, 2017
Sonoma County business leaders say housing still top issue for 2018 As business leaders look ahead to 2018, the effects of the devastating October wildfires are still largely on their minds. No matter the sector, all local businesses were affected by the fires given the huge scope of the damage: billions of dollars in losses; the destruction of more than 5,000 residences in Sonoma County; ...more
December 29, 2017
Bay Area’s most beautiful homes of 2017 These abodes made us gasp, swoon, and sigh This year proved an excellent time for sellers; not so much for buyers, who faced catapulting prices with not nearly enough vertical growth options. The annual income needed to buy in SF soared $10,000 in six months alone, climbing from $161,000 in May to $171,000 in November. Ouch. But on ...more
December 29, 2017
2018: Global Luxury Real Estate to Feel Tax Impact From New York to Sydney, major cities will feel effects of federal regulations, stamp duties and tax system overhauls Concerns over tax changes and government regulation will buffet luxury housing markets around the world, as punitive stamp duties in places like London and Sydney and the biggest overhaul to the U.S. tax code in decades play ...more
December 26, 2017
San Francisco’s three priciest home sales of 2017 No. 1: 2712 Broadway A resounding first place goes to 2712 Broadway that made news for being San Francisco’s most expensive single-family home listing of 2017, and indeed among the most expensive ever. Pictured in the gallery above, this “modern masterpiece” of seven bedrooms, seven full bathrooms, three half baths, a theater, wine cellar, fifth-floor rooftop lounge and deck with stunning ...more
December 25, 2017
Report: S.D. New Downtown Condo Price Uptick Outpaces Major CA Markets Downtown condominium prices in newly constructed buildings have risen faster in San Diego than in other major California markets, according to a report from The Mark Company, a real estate advisory company. Between November 2016 and November 2017, prices for newly built condos rose 13 percent in San Diego compared to a 6 percent ...more
December 22, 2017
Sharing the Spirit: Fire destroyed her home, but Napa woman persevered with volunteer work Facing the loss of her house and everything she owned, Nancy Christiansen evacuated her Silverado area home on the first night of the October wildfires. But instead of going to a hotel or a friend’s home, this Napa woman headed straight to a place that is especially important to her: The ...more
December 20, 2017
A San Francisco House That Feels ‘Like Home’ Overlooking San Francisco Bay in the city’s Pacific Heights neighborhood, this home has an elevator to all four levels and a private garden—Sarah Tilton Overlooking San Francisco Bay in the city’s Pacific Heights neighborhood, this home has an elevator to all four levels and a private garden. Kathryn M. Peters knew she wanted a home with views ...more
December 19, 2017
Johnny Depp Leaves Behind Pirate Ship Chandelier After Selling L.A. Condo It’s understood the fixture was a wedding present to the ‘Pirates of the Caribbean’ star and Amber Heard that neither claimed in the divorce. Cash-strapped Johnny Depp managed to unload all five of his apartments in downtown L.A.’s Eastern Columbia building, an art deco jewel where he and ex-wife Amber Heard once nested. But ...more
December 19, 2017
8 experts predict what the 2018 housing market has in store What will happen to mortgages, inventory, affordability and more The 2017 real estate market, characterized by a relentless listings shortage, surging home prices and a noisy political climate fueling uncertainty about the future, wasn’t without its challenges. Yet real estate professionals have weathered years far less rosy, and with a strong economy propelling job ...more
December 15, 2017
SF-based giant also owns John Aaroe Group, Partners Trust It wasn’t too long ago that Pacific Union was making waves in Los Angeles, buying up boutique brokerages left and right. The San Francisco-based firm, majority-owned by financial services giant Fidelity National, has since come back for more, as The Real Deal predicted in October. Pacific Union– which includes Partners Trust and John Aaroe Group — ...more
