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• • • • • • • • • • • • • • • • • • • • • • • • • • • • • Category: APR in the News
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
14

Paul Hulme, President and CEO of Alain Pinel Realtors, has been named to the Swanepoel Power 200 for the third consecutive year coming in at number 22. The Swanepoel Power 200 is an annual list that identifies and ranks thought leaders that influence, impact, and lead the residential real estate brokerage industry. To compile the list hundreds of hours are spent researching and analyzing individuals from all parts of the industry. In a testament to Alain Pinel Realtors continued influence in the real estate community, Mr. Hulme has risen 27 spots from his 49th ranking two years ago.

For more information about the Swanepoel Power 200 visit: www.swanepoel.com/power200/2016

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Dec
15

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

 

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Nov
12

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For 25 years, Alain Pinel Realtors has been the Bay Area’s luxury real estate leader – and we have a lot of stories to tell! To close out our 25th Anniversary, every Thursday from now until the end of the year will be Throwback Thursday on our social media, where we’ll be sharing some APR gems from the vault. Join us and share your own memories from the past 25 years.

Don’t forget check out our 25th Anniversary website celebrating milestones in APR history.

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