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Two-fer features luxury apartment-selling and art fund-raising

Leah Garchik April 29, 2019 Updated: April 29, 2019 11:46 a.m. There we were, Champagne glasses in hand, in a two-bedroom apartment on the 55th floor, pretty much on top of the 802-foot-tall luxury apartment house at 181 Fremont St., admiring the view of the hills, the bay and the behemoth Salesforce Tower just across the street, wondering whether if we had $15.5 million, we, too, could splash ...more

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The 181 Fremont Raises SF Leaders to New Heights

April 30, 2019 Less than a minute On April 24, the 181 Fremont residence kicked off its Philanthropy Awards series by honoring Illuminate, the organization behind some of San Francisco’s most well-known public light installations — think The Bay Lights at the Embarcadero, and nightly display of light on the Conservatory of Flowers in Golden Gate Park. A collaboration between the East Cut Compass development and Jay ...more

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Who’s Really Buying Property in San Francisco?

ALEXIS C. MADRIGAL A lot of software developers, according to an unprecedented new analysis. There has never been a town like the one San Francisco is becoming, a place where a single industry composed almost entirely of rich people thoroughly dominates the local economy. Much of the money that’s been squished out of the rest of the world gets funneled by the internet pipes to ...more

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Housing prices drop in tech-heavy counties

Runaway Bay Area housing prices — fueled by strong employment and scarce inventory — have started stalling in San Mateo and Santa Clara counties, hinting that even well-salaried professionals have had enough. Resale home prices dropped year-over-year in February in Santa Clara County by 16 percent and in San Mateo County by nearly 6 percent, according to a report released Thursday by real estate data ...more

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Bay Area’s largest real-estate firm? It’s a New York startup | News | Palo Alto Online

Compass, the venture-funded real-estate startup that launched its first office in the local market just over two years ago, became the Bay Area’s largest residential brokerage firm this month after acquiring Peninsula powerhouse Alain Pinel Realtors for an undisclosed amount on March 9. The deal will nearly double Compass’ Bay Area headcount by bringing on board 1,300 agents from Alain Pinel, a company whose sales ...more

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With Alain Pinel buyout, Compass could become Bay Area’s biggest real estate brokerage

The current issue of Gentry magazine has a two-page ad with the headline “Big Brother or Real Estate Brokerage?” The copy reads: “Some brokerages use your information to make money on more than just real estate and mortgage transactions. We don’t. Your data is yours. Our job is to safeguard it. Period.” The ad is for Alain Pinel Realtors. The unidentified “Big Brother” is Compass, ...more

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Compass came from nowhere to become the Bay Area’s biggest residential brokerage

Two years ago, residential real estate brokerage Compass Real Estate had no Bay Area presence to speak of. But following a blistering run of acquisitions that included technology platforms and their biggest competitors in high-end residential real estate, Compass has become the Bay’s largest residential brokerage with 3,000 agents and nearly 100 local offices, the company said this week. Their latest acquisition of a former ...more

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2018 Top 10 Celebrity Homes: Cher, Paris Hilton, Robert Redford, Frank Sinatra & More

In 2018, many of the world’s top superstars tried to sell their glamorous homes. A roundup of the year’s Top 10 Celebrity Homes is featured this week at TopTenRealEstateDeals.com. 2018 Top Ten Celebrity Homes “Cher’s Original Mansion” Cher’s original mansion was her first serious home after her divorce from Sonny Bono, which she designed and built in Beverly Hills in 1980. It was a testament ...more

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All the home’s a stage

by David Goll / Palo Alto Weekly When a real estate agent helps an owner put a Midpeninsula home on the market, besides carefully setting the price and scheduling open houses, there is now another universally standard practice that can boost the selling price of a home — staging. Preparing properties inside and out for prospective buyers can increase a home’s sale price and also ...more

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Housing Market Breathes Post-Election Sigh of Relief

A split Congress will add a dose of stability amid already strong economic fundamentals U.S. voters handed home sellers and buyers—regardless of their political persuasion—a double shot of stability on Tuesday. Research has shown that home sales tend to spike following elections as political clarity is restored, at least in the short-term. Now, add to that the Democratic takeover in the House in January, and ...more

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