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Ken Glidewell

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GMAC Home Services acquired by Brookfield residential Property Services

09-25-08
Ken Glidewell

The other day we were notified that our parent firm "GMAC Home Services would be acquired by Brookfield RPS, a division of Brookfield Asset Management".

My opinion: it seems that the transaction makes sense for all parties and they all have a vested interest in making it hugely successful.

I for one, look forward to what the future has to offer!!

Ken Glidewell

Pacific Union GMAC Real Estate

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Inman Connect 2008

07-31-08
Ken Glidewell

Last week I was in the midst of another "Connect" conference for real estate and technologists.

And what a week it was, reacquainting with past attendees, seeing the latest offerings of new technology companies and hearing what agents from across the country are experiencing.

Makes me think how lucky we are to live and work in the Bay Area. While I am working on another successful year my peers from other states are not having it so good.

A big take away from this year is how it seems the real estate industry while being "local" is evolving to a national and internationally influenced industry. Many of the new offerings reflect what is happening in Australia, London, Europe and even New Zealand. (There's your plug Alistair.)

Information and data are becoming more prevalent with bloggers and websites while syndication seems the popular movement of late. www.Trulia.com continues to provide new and interesting tools for agents and consumers alike.

Yes, I loved it and Yes, Brad ( www.Inman.com ) I will be back next year!! Oh, and Joel another great series of panelist for 'Bloggers Connect'. Thanks!!

Thanks for reading!! kglidewell@pacunion.com or http://www.SFLuxuryProperties.com

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SF - Marina District warming up again!!

04-28-08
Ken Glidewell

Welcome back to my "Market Update!!"

Seems that the "Marina District" of San Francisco has quietly become an active area of San Francisco. I have been monitoring several single family homes and condos for the last 4+ months and all of a sudden the majority have gone into contract.

There are a 'FEW' still available and I hear rumblings that a couple new condos will be coming on in the next week or so.

Have your cash ready!!

If you need further information or would like to contact me directly please go to my website: http://www.KenGlidewell.com or send me an email at the following: kglidewell@pacunion.com.

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San Francisco Luxury Market Update

01-11-08
Ken Glidewell

Today is Friday, January 11,2008 and I thought it would be interesting to see what kind of closing activity exists in the San Francisco Luxury Market.

Most define "luxury" here by price. So for the purposes of this report I am using closed escrow's over $2,500,000. For my friends in Virgina I know...that is steep but here you have to start somewhere.

I just ran a search in the local MLS that gave me a list of 16 properties that have closed since 12/1/2007. The price ranges from a low of $2,500,000 up to $16,000,000. And I must say some broker's have transactions that never hit the MLS so there may be more in reality.

Further analysis indicates that the single family homes had 13 of those sales. With a low of $2,538,000 to a high of $16,000,000 reflecting a mediam price of $3,500,000.

When I hear the media telling us that the real estate market is imploding I shutter and think, WOW!!

And just in case any of the uber wealthy are reading this blob entry, you can reach me at: kglidewell@pacunion.com or my website: www.SFLuxuryProperties.com .

Happy New Year!!

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