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Special Examiner Real Estate Section: I/We are in the Press. Our “Evening of Art and Fashion” at Vanguard Properties on 7/25 went off swimmingly well, raising $10,000. for Habitat for Humanity Greater San Francisco. We exhibited “In-house Resident Agent Art” for exhibit and sale, and had an “In-House Fashion Designer” Show and Silent Auction of Art and other objects of beauty. Check out Page 3 in the Examiners’ Digital Edition for my mention in the Press Release. Check out my previous blog post for pics.
VANGUARD PROPERTIES ARTISTS IN RESIDENCE – AN EVENING OF ART AND FASHION TO BENEFIT HABITAT FOR HUMANITY GREATER SAN FRANCISCO
I am proud of my brainchild as event organizer & silent auction Co-Chair….this event was concieved to celebrate the Realtors of Vanguard Properties, as individuals, who like myself and my Co-Chair, Mitch Laufer, Vanguard Marketing Director and event planner extraordinaire, are also artists and designers while performing at high levels in their real estate careers. I loved the idea of bringing together business and art while contributing to a worthy cause. The event resonated with the participants and attendees alike as a fun, exciting and enriching evening while we raised funds and gave back in a meaningful way. (My art is in this crowd shot)
Vanguard properties one of the fastest growing Real Estate brokerages in San Francisco hosted an evening of Art and fashion to benefit Habitat for Humanity Greater San Francisco. Pictured right – Deven Richardson and Daniel Smith of Habitat GSF with Erika Burke. The event was Sponsored by Principal James Nunemacher and co-chaired by exhibiting artists, Erika Burke and Lynn Brei, both agents at Vanguard Properties who liased with Habitat Events Coordinator , Arti Sharma who all planned the event with tireless determination. Habitats’ Senior Director of Development adressed the crowd explaining all that they do in our community.
The resident Artists and Fashion designers, all Vanguard Properties agents and or employees showcased and sold their works of Art and Fashion with 30% of the proceeds benefitting Habitat GSF.
A silent auction was also held during the festivities where 100% of the proceeds from the sale of art and many objects of desire were purchased. Attendees had choices of Hotel stays, to cosmetic treatments and of course all art was donated by the artists in residence.
In addition to art there was also a fashion show, (pictured right – Jonathan Deason, Agent with model), orchestrated by yet another Vanguard agent. Jen Fritz, owner/designer of Warrior Within and agent, who put together an amazing show using all Vanguard Agents as models with their escorts, while showcasing her creations.
Having raised nearly $10,000.00 For Habitat for Humanity Greater San Francisco the successful evening is the first of what Vanguard plans to make an annual fundraising event.
As Reported by the San Francisco Association of Realtors (SFAR), April Market Focus Report.
Reporting on Single Family Home and Condominium Sales in San Francisco and the state of our current market plus future projections. Low Inventory, rising prices, lots of buyers, high end is moving. Sellers should feel confident to list during this opportune Seller’s Market.
As Inventory Remains Low and Unchanged,
San Francisco Homes Sell Even Faster
Just as last month, many new home sellers continue to have confidence that the market is on an upswing and that housing prices will soon accelerate. As a result, the vast majority of them have decided to hold off on listing their properties for sale, keeping the city’s inventory low. Making matters worse, the flow of distressed properties from the banks has lessened, making it more difficult for buyers to find properties even though interest rates have remained low. The congruence of all these economic factors occurring at the same time is resulting in the current seller’s market, where sellers have more leveraging power over buyers who are competing against a limited pool of properties.
Single-Family Home Sales
While the city’s inventory of single-family homes for sale dropped by 29.4 percent compared to March 2011, it did not exceed February’s level this year. Still, despite the low inventory, the number of homes under contract continued to improve by as much as 19.9 percent compared to this time last year, while the number of homes sold fell by only a slight margin of 2.8 percent.
For homes that were priced below $700,000, the months of supply inventory fell by 65 percent to one month. For higher-priced homes between $700,000 and $1.2 million, the months of supply inventory fell by 56.1 percent to also one month. It comes as no surprise that a number of real estate web sites currently rank San Francisco high among the nation of cities where homes sell the fastest.
One region of the city which continues to experience healthy sales activity is the area in the mid-western part of town, known as Twin Peaks West. Since March 2011, the number of homes under contract here has risen by 14.7 percent. Twin Peaks West has a total of 16 neighborhoods, with Mt. Davidson, the highest natural point in San Francisco, at its center. With its elegantly landscaped streets and a variety of architectural styles, including Craftsman bungalows, Mediterranean, and Mid-century, homes here are very desirable. The median price for a home in Twin Peaks West is about $837,500.
Today I had the pleasure of viewing a luxury Penthouse at 200 Brannan in the exclusive South Beach neighborhood, steps from the Embarcadero, near the Ferry Building, South Parks’ 2nd St. restaurants and boutique’s, Giants Stadium, only steps from San Franciscos’ quintessential bay views and numerous outdoor activities. Close to the Bay Bridge, 101 and 280 and public transportation.
200 Brannan is one sleek, beautifully kept, luxury condominium building of 191 homes.
As an experienced luxury Realtor, I am the appointed representive for 200 Brannan through our Vanguard Properties website and will keep you informed of the latest offerings. I will arrange your private showing or provide accurate comparables and comparisons for your home sale at 200 Brannan.
I view every home with the idea in mind of who the buyer might be, and ask, “Would I live there myself”? I can give a definite “Yes”, to the current offering of penthouse Unit 506 and easily picture a sophisticated couple, business bachelor or bachelorette, design or art world professional, luxury pied-a-terre seeker, or a young urban dweller making this prestigious offering their home.
Greeted at the door by the engaging door man, Roberto, one immediately feels secure and that they are entering an exclusive, service oriented, 5 star living experience, from the atrium entry, to the exquisitely chosen neutral palette on the walls of the quiet, plushly carpeted hallways. Dotting those walls are custom art and photographs that are finished with sophisticated lighting; which guide you past the serene green bamboo ground floor courtyard and on to the multiple elevators that bring you closest to your home.
Pockets of Movement in the San Francisco Housing Market, Despite Lessening Inventory
The nice spring-like weather we have been experiencing has had some positive effects on the home buying public, as it has brought more buyers into the market. And with interest rates continuing to stand at a 60-year low, this has made homes more affordable and led to a wave of refinances that has increased disposable income for property owners. But despite these encouraging trends, the city’s inventory has tightened.
As inventory levels dropped in January by 32.9 percent, compared to January 2011, the number of homes under contract rose by 8.7 percent. But the low inventory seemed to also contribute to fewer completed sales, which is fairly normal market behavior for this time of year.
For homes that were priced below $700,000, the months of supply inventory fell by 47.3 percent to 1.6 months. For higher priced homes between $700,000 and $1.2 million, the months of supply inventory fell by 38.9 percent to 2.4 months. These short time frames continue to indicate a seller’s market, where sellers have more leveraging power over buyers who are competing against a limited pool of properties.
With new construction on the rise and the current affordability of homes for the median income earner, consumer confidence is returning to the real estate market.
National Housing starts rose 1.5 percent in January to a seasonally adjusted annual rate of 699,000 from the revised December estimate of 689,000, and they were 9.9 percent above the January 2011 rate of 636,000, according to the latest figures released by the U.S. Commerce Department. Housing starts for single-family homes fell 1 percent in January to 508,000, down from 513,000 in December.
The Estates Group at Vanguard Properties sponsored an event at this gorgeous understated luxury home in the Lake District. See the pics at http://www.facebook.com/album.php?aid=231492&id=1180207741&l=8ddd79f9e4 and then go to the website www.104Funston.com for more information about this property.
Check out our San Francisco Green Spaces, small tucked away community parks that may even be smaller than a City lot. This is wonderful and necessary in a City as dense as ours. We are 7X7 with lots of living space and now a chance for more open space.
Gavin Newsom just Twittered me about the launch of the new Green Cities Website, which is a collaboration of 10 cities GREEN Goals, we can participate in helping our City “Go GREEN”, read about Best Practices and keep up with what’s happening. Very inpsirational. I’ll be sure to post some of their San Francisco initiatives and events here.
See the article about the launch Here:
and the visit the New WEBSITE website here:
Zephyr is sponsoring a video contest, SF Community Voices, to get the word-on-the-street perspective on the 90+ neighborhoods of our one amazing City. Enter the SF Community Voices video contest and declare your love for your neighborhood: favorite hot spots, hidden treasures and insider scoop. Upload your video for a chance to win $500 or one of 12 other prizes! Get the details, enter your video, or check back later to vote for your favorite video at www.sfcommunityvoices.com.
SFAR MLS Goes Green
SFAR MLS is excited to announce the addition of “Green Features” to our property descriptions. You will now find the following amenities in the Single Family Home, Condo/Coop/TIC/Loft and 2-4 Units property types:
1) Bamboo Floors
2) Cork Floors
3) Recycled Carpet
4) Natural Fiber Carpet
5) Energy Star Appliance(s)
6) Dual Flush Toilet
Stay tuned for more Green Features as Rapattoni builds the platform.
SFAR MLS Goes Green
Also exciting news. In Northern California we are generally known to be environmentally sensitive and proactive in making the sustainable living movement come to the forefront and grow. Keep an eye on San Francisco to continue their GREEN growth model. Bringing it to the MLS and all of the San Francisco Association of Realtors member Brokers and agents who subscribe will certainly assist in moving these measures forward and making a huge and powerful population fo real estate professionals allies in this important cause.
March 12, 2009 San Francisco, CA –Erika Burke with Zephyr Real Estate has been awarded the National Association of REALTORS® (NAR”s) Green Designation, the only green real estate professional designation recognized by NAR.
Erika achieved this prestigious designation after completing 18 hours of course work designed specifically for REALTORS®. The courses were created in collaboration with a multidisciplinary team of industry experts from across the country; ensuring designees gain comprehensive knowledge of green homes and buildings and issues of sustainability in relation to real estate,
More specifically, Erika was trained in understanding what makes a property green, helping clients evaluate the cost/benefits of green building features and practices, distinguishing between industry rating and classification systems, listing and marketing green homes and buildings, discussing the financial grants and incentives available to homeowners, and helping consumers see a property’s green potential.
“As energy costs rise along with concern for the environment, homeowners are looking for innovative ways to save money and live responsibly,” said Dick Gaylord, NAR’s immediate past president. NAR’s Green Designation was developed in response to growing consumer awareness of the benefits of resource-efficient homes and buildings. The designation helps consumers who care about energy efficiency and sustainable building practices identify REALTORS® who can help them realize their green real estate and lifestyle goals.
As an NAR Green Designee, Erika has gained the knowledge and the tools necessary to become a trusted green resource for San Francisco. For more information about Erika Burke AT Zephyr Real Estate please visit http://erikaburkesf.com or by E-mail [email protected]. Welcome to my GREEN blog at www.GreenBlogSF.com .
Call me Today at 415-279-1135, for your FREE Real Estate consultation.
For more information about NAR’s newest designation, visit http://GreenResourceCouncil.org