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Continuing to lead the real estate market as the fifth largest brokerage in the U.S. based on sales volume and the largest privately held real estate brokerage in California, Alain Pinel Realtors® (APR) today announces its 2015 transactions topped more than $12 billion for the year, exceeding the company’s 2014 transaction numbers by more than $1 billion.

“Twenty-six years ago we revolutionized the practice of real estate in California. What we achieved in 2015 demonstrates our continued leadership of the market,” said APR President, Founder and CEO Paul L. Hulme. “Alain Pinel Realtors remains the gold standard for professionalism and integrity in real estate by employing outstanding professionals and continuing to innovate with cutting edge technology, creative marketing and best practice tools that have been central to our success since 1990.”

With hundreds of millions of dollars transacted across each of the company’s 33 offices in 2015, four locations differentiated themselves by exceeding $1 billion in transaction volume in their individual markets, including:

  • Menlo Park with $1.726 billion
  • Los Gatos with $1.28 billion
  • Los Altos with $1.275 billion
  • Palo Alto with $1.219 billion

“Our international reach and affiliations with luxury networks, including Leading Real Estate Companies of the World® and Luxury Portfolio®, have distinguished Alain Pinel Realtors among the world’s most discerning buyers, sellers and investors,” noted APR COO Rainy Hake. “It’s that reach and reputation that provides our clients with a distinct advantage when buying or selling a home in key markets within Northern California. We continue to grow our business because our agents are sought by those looking for the finest service and properties in the state of California.”

Adding to APR’s record-breaking transaction volume in 2015 was the company’s investment property arm, APR Investment Group. The group ended the year with more than $290 million in closed transactions through the acquisition and divestiture of its clients’ investment properties that include multi-unit apartments, office buildings, retail centers, industrial properties, hospitality facilities and undeveloped land.

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Feb
05

ritzCarlton_650-4 edited

ULTIMATE LUXURY IN MOUNTAIN PENTHOUSE

Where: 13031 Ritz Carlton Highlands Court, #650 in Truckee (listing | virtual tour)

Residing on the top floor of The Ritz-Carlton – Lake Tahoe, this four bedroom, three and half bathroom penthouse is two-stories with impressive high ceilings. Panoramic views of the slopes of Northstar are sure to entertain your guests! Experience luxury as part of the only AAA Five Diamond property in Northern Lake Tahoe. Ample outdoor activities, luxury concierge amenities, expansive and comfortable great room, wine room, formal dining, den, office, and a terrace overlooking the hotel grounds.

This home is listed by Linda Granger of Alain Pinel Realtors Lake Tahoe.

Offered at: $5,150,000

See more homes for sale in Truckee. | Visit our Lake Tahoe community page.

 

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Feb
04

Please join us in welcoming our newest additions to the Alain Pinel Realtors family.

 

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Feb
02
Agents SOUND OFF

 

Matt Tenczar
San Jose – Almaden Valley
408.605.8124
tenczarteam@apr.com

Question: How might Warrior arena in Mission Bay affect our real estate market?

Answer: My initial response: “Is there such a thing in the Bay Area?” Consider Santa Clara County, where only 545 single-family homes and 171 condos/townhouses are actively for sale and the average home sells at 102 percent of its list price. Is it possible there might not be such a thing as an overvalued home? I often tell buyers when they ask me if a home is worth it that if it isn’t today, it will be tomorrow.

Having said that, the question remains how do you tell if a home is overvalued. It turns out there really is such a thing in the Bay Area. When looking at the statistics of home sales, the average home takes 35 days to sell, so that means not every home sells in one week and receives multiple offers that are hundreds of thousands of dollar more than the list price. So how do you tell? If you are a buyer, you start with looking at the days on market.

Any home on the market for more than 30 days possibly has something wrong with it, and whatever the “it” is, the price will be part of it. Homes that have been on the market for a long time sell for a lower price. So I would define an overvalued home as one that’s been on the market without receiving any offers for more than 30 days.

Read more opinions on SFGate.

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Jan
29

001_208 Lyell St

MODERN LOS ALTOS LIVING

Where: 208 Lyell Street in Los Altos (listing | virtual tour)
Open: Saturday, January 30, from 1:30 – 4:30 pm and,
Sunday, January 31, from 1:30 – 4:30 pm

Brand new construction by Palo Alto builder Clarum Homes, this is the best of modern living in sought-after Los Altos. Striking modern lines express a clean, minimalist style that begins at the enclosed front courtyard and extends throughout the home. Exceptional lighting, French wide plank oak floors, metal-framed windows, and smooth-finished walls perfectly combine to create an ambiance of sophisticated style. The floor plan is conveniently arranged all on one level with 4 bedrooms, 4 full baths plus a family room/den, and an expansive great room with impressive chef’s kitchen. Behind the scenes, abundant “high performance” features provide for energy-efficient and eco-friendly living including electric car charging outlets. Adding the finishing touch is the home’s ideal location is walking distance to downtown Los Altos and top-rated Los Altos schools.

This home is listed by Tim Anderson of Alain Pinel Realtor Los Altos.

Offered at: $4,295,000

See more homes for sale in Los Altos. | Visit our Silicon Valley community page.

 

 

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