Hawai’i Quarterly Market Insights Report: Q4 2023

In this report, you’ll find a high level snapshot of the trends shaping the market for each neighborhood across Hawai’i. The full report is available here: Hawai’i Q4 2023 Market (Micro) Insights Report The post Hawai’i Quarterly Market Insights Report: Q4 2023 first appeared on California Real Estate Blog.

NorCal Monthly Market Insights Report: January 2024

The 2023 market was characterized by high interest rates, financial market uncertainty, surprisingly strong demand (considering the first two issues), and an extremely low supply of new listings – which maintained upward pressure on prices, even as housing affordability dropped. Sales numbers plunged due to loan rates and the inadequate supply of homes for sale, … Continue reading "NorCal Monthly Market Insights Report: January 2024"...

NorCal Monthly Market Insights Report: December 2023

A Sudden, Positive Shift in Economic Indicators  “For the third sixth straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower inflation and lower mortgage rates should likely bring more potential homebuyers into the market.” Freddie Mac (FHLMC) Stock and bond markets – which … Continue reading "NorCal Monthly Market Insights Report: December 2023"...

NorCal Monthly Market Insights Report: November 2023

Rising Interest Rates Continued to Impact Supply & Demand in October, But Early November Brings Big Shift in Economic Indicators The heart of the autumn selling season was dominated by global conflict, falling stock markets – and interest rates jumping to their highest point in 23 years, further discouraging buyers who require financing, and prospective … Continue reading "NorCal Monthly Market Insights Report: November 2023"...

SoCal Quarterly Market Insights Report: Q3 2023

It is our pleasure to bring you the Compass SoCal Q3 2023 Market Report. Third-quarter home sales activity around Southern California declined in part due to interest rates. Exceptions included the Santa Barbara County beach town of Carpinteria where home sales activity increased by 38 percent. An 8 percent decline in the median sales price … Continue reading "SoCal Quarterly Market Insights Report: Q3 2023"...

NorCal Monthly Market Insights Report: October 2023

Economic indicators have been challenging since the fall selling season began: Interest rates continued to rise through early October and stock markets generally continued to fall from mid-summer, YTD highs. The country faced yet another threat of a federal government shutdown, which happily didn’t occur, but, unbelievably, another such crisis may soon confront us again. … Continue reading "NorCal Monthly Market Insights Report: October 2023"...

LuxeSF & San Francisco Magazine: 2023 Top 100 list naming the top performers in Bay Area real estate

LuxeSF and San Francisco magazine, in partnership with the respected RealTrends organization, released their 2023 The Leading 100 list on August 17th, which recognizes outstanding top performers in Bay Area residential real estate based on their individual and team dollar sales volume. Compass takes great pride in acknowledging the accomplishments of our 54 agents and … Continue reading "LuxeSF and San Francisco Magazine release their...

SoCal Quarterly Market Insights Report: Q2 2023

It is our pleasure to bring you the Compass SoCal Q2 2023 Market Report The second quarter was challenging around Southern California. Interest rates continued to rise, impacting the market. Sellers were reticent to list their homes giving up mortgages with lower interest rates. Buyers found their purchasing power diminished due to higher rates. The … Continue reading "SoCal Quarterly Market Insights Report: Q2 2023"...

Hawaii Quarterly Market Insights Report: Q2 2023

It is our pleasure to bring you the Compass Hawai’i Q3 2023 Market Report for the Big Island, O’ahu, Maui, and Kaua’i. Overall home sales activity declined around the state by 33 percent. The median sales price held steady statewide showing a 2 percent gain to $1.2 million. Sales activity did decline on all four … Continue reading "Hawaii Quarterly Market Insights Report: Q2 2023"...