California Business State Government and Public Real Estate News

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Gold Star’s expansion in California is part of the organization’s overall initiative to meet homebuyer needs by combining regional lending expertise with volume pricing made possible by its national reach. Gold Star’s CEO, Daniel Milstein, is pleased with the knowledge and professionalism of those joining the Gold Star team.
Sonoma County, CA-based experts for mortgage guidance, The Groves Team of First Priority Financial, is now inviting homebuyers from across the region to review the company’s new online mortgage quote tool. The tool, which is available directly through The Groves Team’s website, will place buyers immediately in touch with Elise or Glenn Groves, Sonoma County’s mortgage advisors who can offer them a preliminary quote based on their current purchase parameters.
In this new process, the buyers pay the fees and cost of the transaction when selecting the ideal property to purchase. In existing process, when the seller pays the buyer's broker commission, there is a conflict of interest. As the buyer's agent really works for the seller, and that is a disservice to the buyer. If the buyers are paying their agents, then those agents really work for them, and their interest is protected with higher standards.
While television audiences are sensationalized by the television series Million Dollar Listing San Francisco, premiering this summer on BRAVO, a different audience--the true top real estate agents in the area--are not so entertained.
Interstate Equities Corporation (IEC), an institutional fund manager has acquired a rare, un-renovated, 46-unit multifamily community in San Rafael, California from a private family owner.
A popular destination for meeting friends or serving as an alternative workplace in urban neighborhoods, coffee houses influence property values. This article, authored by BHG Mason-McDuffie, details the correlation of coffee shop locations to rising residential values in San Francisco
Phillips Edison Grocery Center REIT II, Inc. (the "Company") today announced it has acquired two grocery-anchored shopping centers, expanding the Company's portfolio in Texas and California.
ARSO Real Estate Premier, one of San Diego County’s leading real estate firms, announces the launch of their new website. The site aims to be the ultimate resource for homebuyers and sellers in San Diego County.
Better Homes and Gardens Real Estate Mason-McDuffie announced that its national brand has been named “Real Estate Agency Brand of the Year” as part of the 2015 Harris Poll EquiTrend® Study, an annual brand equity tracker that measures and compares brand health among more than 1,400 brands across nearly 150 categories. As a leading lifestyle real estate company, Better Homes and Gardens Real Estate received the highest cumulative ranking within the real estate category based on consumers’ perception of its familiarity and quality as well as consumer consideration of brand interaction.
Bancap Self Storage Group, Inc., the “#1 Self Storage Broker in California,” announced that it recently brokered the sale of 19th Avenue Self Storage located in the city of San Francisco, California. Dean Keller, the firm’s president, was the exclusive listing agent and sole broker of the transaction. The seller was a local independent limited liability company.
This Cazadero home for sale is listed at $298,000. This is a two bedroom home with two bathrooms. This single family residents for sale in Cazadero is two stories connected by a spiral staircase. 2220 Cazadero Highway measures 960 square feet with a lot size of 8,276 square feet according to tax records
CENTURY 21 ranks highest in customer satisfaction among real estate brokerages across all home buyer/seller segments, according to the J.D. Power 2015 Home Buyer/Seller Satisfaction StudySM released today.
Carrington Mortgage Services, LLC (Carrington) today announced that the company's "Serving the Underserved" initiative launched in 2014 has now aided over 10,000 borrowers with their home financing. Driven by Carrington's commitment to create a more transparent and manageable home loan process, the program offers simplified loan offerings for first-time home buyers, many of whom have a FICO credit score below 640. As of July 2015, Carrington has originated over $1.8 billion in home loans for borrowers with credit scores below 640.
ACI Apartments is pleased to announce the recent sale of a 4-unit complex in the Escondido neighborhood of the city of San Diego. The 3,528 square foot property, located at 133 W. Vermont Avenue, was purchased by Suresh and Makshmi Bardhwaj for $616,000
Buyers on the lookout for a new Lennar home are encouraged to act fast! There is only one home at Classics in RiverVillage remaining and two beautiful model homes at Toscana at West Creek are selling now. Lennar encourages interested homeshoppers to act fast to take advantage of this extremely limited opportunity.
Later this summer, Lennar will unveil a collection of new condominiums perfect for first-time homebuyers who are looking to make their first home a Lennar home. Two-story condominiums at Arroyo Vista in Murrieta are scheduled to Grand Open in September, but interested homeshoppers don’t have to wait any longer to learn more about Lennar’s new homes.
The McGrath Family, known in San Diego as pioneers in construction and real estate, have announced the sale of a portion of their retail portfolio encompassing 294,428 square feet in the Kearny Mesa submarket of San Diego, California to a commingled fund managed by Clarion Partners, working with existing partner HP Investors, LLC.
TapClicks flagship marketing analytics platform, TapAnalytics, continues to lead the marketing dashboard industry with release 5.2 - adding a new leads management tool, improved data grouping, and the addition of new service integrations
Housing in California is more expensive than just about anywhere else in the country. Today, an average California home costs $440,000, nearly two-and-a-half times more than the national average, and rent is 50 percent higher in the Golden State than the rest of the country.
Inman News published an interview with Jim Walberg ofPacific Union this week on the need for early adoption of technology in the real estate industry and how to stay on top of leads. The article, titled Jim Walberg: ‘If I don’t stay current with technology, my professional world will pass me by,’ touches on how important it is to keep up with modern technology and use it to the advantage of real estate agents, as well as some of the challenges technology introduces, and what specific apps and electronics he personally values.
Property Owners List Their Short Term Rentals for Free on Furnished Capitalizing on the Booming Business-Traveler Housing Market

Bakersfield, CA – July 30, 2015 – (RealEstateRama) — Individual property owners are seeking business travelers as tenants over vacation rentals or home-sharing because traveling professionals are more predictable and offer longer stays! is offering property owners – who list their units monthly- free listings on their map which is accessed by about 10,000 business travelers per month. Furnished Finder is heavily networked with Healthcare Staffing Agencies and Traveling Nurses who look to us for all their housing needs. more »

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