No one ever seeks out an acknowledgment for their work in community service. I certainly did not. And, what a humbling honor to have Who’s Who In Luxury Real Estate select me to be their 2014 Extraordinary Philanthropist at their 19th Annual Fall conference in Boston several weeks ago where members from around the globe gathered to share best practices and expand their personal connections with the best of the best in luxury real estate.
A phrase we use at The Bay Area Team is “Local Knowledge / Global Reach”. It is a simple and true statement we share with our clients every week. We know the world of real estate in the San Francisco Bay Area – Local. And, we know the world of real estate in Europe, Latin America, and more – Global Reach.
Where there is a vibrant job market there is a robust real estate market. The Bay Area is in the midst of an employment boom, and it is not based on smoke and mirrors as the dot.com era was. These are real companies with sales and profits, and lots of upside to all of them – Twitter, Google, LinkedIn, Apple, Genetec, Price Waterhouse and many many more.
The tech industry is the driver, but with this employment boom some of the largest Bay Area employers are city governments, health care, universities, etc. In fact, of the largest 25 employers in the Bay Area, 20 of them are infrastructure and service type entities. They must meet the demand for services of the population growth. And, the challenge of the 4% population growth in the last four years is that new home developers have not kept up with the housing demand. They have added less than 2% of new homes built during this same period, with the population growth out stripping new home sales by two to one. Continue reading
If you have ever wanted to sail on San Francisco Bay, the “beer can races” are the venues where you can get a ride. I think this type of Bay Area “regatta” is some of the most fun one can ever have on the Bay. The weather is typically some of the best sailing of the year, and you are not racing for anything but a beer and a BBQ afterwards at one of the Bay Area’s yacht clubs. Continue reading
Summer just blew by us and all that is left is August. I promise there is still a lot of fun events awaiting all of us before Labor Day. Here are “Jim’s Picks” that will fill your calendar before Fall arrives. Let me know which ones you attend and if there are any others you would add to my list.
Blackhawk Plaza’s Friday Night Concert Series – August Lineup: It starts at 7pm and it is FREE. However, if you want a seat get their early. My favorite four bands are scheduled for August: August 8 – ZOO STATION – U2 tribute band: August 15 – PRIDE & JOY – Timeless pop and soul: August 22 – EVOLUTION – Journey tribute band: August 29 – TAINTED LOVE – Best of the 80’s Continue reading
We are through the first six months of Bay Area home sales and are able to look back on what has actually happened compared to what was predicted. We have had an 18 month run of a “hyper seller’s market” that began on January 1, 2013 and has now changed as of June 30, 2014. There is much to review, so here is a summary of a variety of topics from the first six months and a projection of what is to come in the next few years regarding Bay Area real estate. Continue reading
Summer in the San Francisco Bay Area is my favorite time of year – from concerts in the park, fine art faires, food and wine events, and so much more. And, we are fortunate to have our Bay Area “summer” last all the way through October. And, you will be glad to know that most of these events are free! Each of them add to the extreme quality of life we share in the Bay Area. Continue reading
Did you know that the French community in the San Francisco Bay Area is one of the largest in the United States. There are over 40,000 French citizens living and working in the Bay Area. They represent the fourth largest non-U.S. buyers of Bay Area real estate, with Canada, China and the United Kingdom being the top three. Continue reading
The San Francisco Bay Area is such a special place to live. Because of this fact people want to live here and are willing to pay the price to do so. The price that is required to purchase a home continues to soar through the roof the past few years. And, people are continuing to purchase homes, especially in the million dollar-plus ranges, at record rates. Continue reading
My guess is you have never heard of Valor Winery or Josh Laine, the founder of Veterans & Vines Foundation. After returning in 2007 from two tours in Iraq, Josh discovered the challenges veterans had getting jobs, including him.
Josh stumbled around a bit while dreaming about creating a whiskey distillery business. After a random conversation with his girlfriend at the time, he decided to try his hand at making wine instead. With another Marine friend they began Lavish Laine Winery. It was a far cry from what one imagines a winery to be. They started out in an old school bus. Yes, farming is still alive and well in the Bay Area. Continue reading