NorCal Monthly Market Insights Report: May 2023
Over the past 40 years alone, the San Francisco Bay Area has seen 4 major upcycles or housing booms. In each, there have been enthusiasts who argued that this time the boom times would never end – but each ended, typically after hitting a final peak of what economists call “irrational exuberance.” Upcycles were followed … Continue reading "NorCal Monthly Market Insights Re...
Palm Springs Life’s 2023: The Desert’s Top Sellers
Palm Springs Life salutes the top residential real estate agents and sales teams in the Coachella Valley. Congratulations to the Compass agents and teams recognized in Palm Springs Life’s 2023 Top Realtor Report, which spotlights the top 4 percent of agents and teams in the Coachella Valley. Compass had an outstanding presence with 27 Compass agents/teams named to the list—more than any other brok...
SoCal Quarterly Market Micro Insights Report: Q1 2023
It is our pleasure to bring you the Compass SoCal Q1 2023 Market Report. The first quarter of 2023 was a “wait and see” market throughout Southern California. Rising interest rates impacted home sales activity. Sellers were reluctant to list their homes. Buyers held off writing offers in many areas trying to gauge market timing. Average … Continue reading "SoCal Quarterly Market...
Headline: Hawaii Quarterly Market (Micro) Insights Report: Q1 2023
It is our pleasure to bring you the Compass Hawai’i Q1 2023 Market Report for the Big Island, O’ahu, Maui, and Kaua’i. Overall home sales activity declined around the state. That is no surprise since the significant increase in sales Hawai’i experienced in 2021 and 2022 was COVID fueled. Properties were sometimes purchased sight unseen … Continue reading "Headline: H...
NorCal Monthly Market Insights Report: April 2023
The Market Continues to Recover, But with Many Dynamics at Play Buyer demand continued to rebound from the depths of the mid-winter slowdown in activity. The number and percentage of listings going into contract, and overbidding percentages continue to climb, and days-on-market to drop as the spring selling season gained traction. Buyers generally shrugged off … Continue reading "NorCal Mon...
Compass Agents Named to LABJ’s: The List | Residential Real Estate
Compass proudly congratulates our agents named among Los Angeles Business Journal's 2023 List of LA's Top 100 Residential Real Estate Agents. The post Compass Agents Named to LABJ’s: The List | Residential Real Estate first appeared on California Real Estate Blog.
Historic Home Allures in San Francisco’s Iconic Gold Coast
This 9,625 SF San Francisco home in Pacific Heights is represented by Max Armour of Compass. 2830 Pacific Avenue, San Francisco6 BED | 6 BATH | 2 HBA | Offered at $35,000,000 Built in 1910, 2830 Pacific Avenue has been fully restored and modernized to capture the original integrity of the home’s Georgian Colonial architecture … Continue reading "Historic Home Allures in...
Compass Agents Named to Variety Showbiz Real Estate Elite 2023
Compass congratulates our agents featured in this year’s Variety Showbiz Real Estate Elite. The industry honor recognizes agents who work with the most exclusive properties in “showbiz” markets, including Los Angeles, New York and Miami. Congrats to Carl Gambino, Chris Cortazzo, Cindy Ambuehl, F. Ron Smith and David Berg, Ginger Glass, Sally Forester Jones, and … Continue...
SoCal Quarterly Market (Micro) Insights Report: Q4 2022
Home sales activity declined across Southern California from the Central Coast to the South Bay. Buyers took a wait-and-see approach as the Fed continued to raise interest rates. Buyers recalculated and reevaluated where they could afford to buy and at what price point. The holidays are traditionally a slower period when sellers wait to list … Continue reading "SoCal Quarterly Market (Micro...