Compass Southern California Quarterly Report: Q1 2019

We are excited to announce the release of the Compass Q1 2019 Los Angeles Quarterly Market Insights Report. This report highlights the prevailing trends shaping the market for each neighborhood. The report is now live and ready to share with your clients and sphere. Click here to view the full write-up. It is our pleasure to introduce the Compass 2019 Q1 Real Estate Market Report....

Compass Northern California Quarterly Report: Q1 2019

Chief Economist Selma Hepp offers a brief synopsis of first-quarter real estate activity in each of Compass’ Northern California regions. The accompanying links lead to the full report for each area, where you can access the latest regional and community-specific market data and statistics to help you make a better, more informed home-buying or selling decision. Q1 2019 Regional Summaries Contra Costa County Similar to...

Home of the Week: San Marino treasure, on market first time in 57 years

The epitome of Spanish Colonial Revival elegance, the Filley Residence has had just two owners since its completion in 1927 – both dedicated to sensitively preserving and enhancing its beauty. Set in a coveted estate area of San Marino at 626 Chaucer Road, the home by noted architect Harold Bissner retains a wealth of original architectural details. They include colorful period tile, hardwood floors, period...

Commercial division’s top producers launch Partners CRE

Introducing Partners CRE, a new Compass Commercial real estate team. On the heels of Compass Commercial LA hosting its inaugural annual awards to celebrate the division’s top producers, three of its award winners—Top Producer Dario Svidler, Platinum Producer Shaya Braverman and Gold Producer Morgan McMullin—joined forces to form Partners CRE at Compass. Established as a collective, Partners CRE will be headquartered in Compass’ Beverly Hills...

Jobs Report suggests continued strength in employment, alleviating fears of looming recession

Today’s much anticipated national employment report from the U.S. Bureau of Labor Statistics provided further evidence of continued solid economic growth. There were 196,000 jobs added in March, after a wild swing between January’s 312,000 additions and February’s 33,000 additions. The three-month average is now 180,000 in the first quarter, which was above economists’ expectations and still robust considering the low unemployment rate of 3.8...

Home of the Week: Refined Russian Hill hideaway

Sequestered down a quaint alleyway in one of Russian Hill’s most appealing enclaves, 22 Moore Place is a rare masterpiece of modern family living designed by MacCracken Architects. The three-story residence, constructed with steel moment frames, fuses contemporary style, fine craftsmanship, and the latest amenities. The open living/dining/kitchen space claims the top floor to maximize light and take advantage of the enchanting views. A huge...

Compass agents on LA Business Journal list of 2018 market drivers

Each year, the Los Angeles Business Journal’s The List is a power ranking of LA area real estate superstars. The 2018 list of “players who drive the market” was released last month. Compass was strongly represented, spotlighting Aaron Kirman, F. Ron Smith & David Berg of Smith & Berg, Madison Hildebrand, Craig Strong, Danny Brown, Tomer Fridman, Sally Forster Jones, Ari Ashfar, Stephanie Younger, Lydia...

Real Estate Roundup: Record weekly mortgage rate drop

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. 30-YEAR MORTGAGES SEE BIGGEST ONE-WEEK DROP IN A DECADE Fixed-rate mortgages last week saw their biggest one-week drop in a decade, according to Freddie Mac’s weekly rate survey. Thirty-year fixed-rate mortgages averaged 4.06 percent, down from 4.28 percent last week, and 15-year fixed-rate mortgages averaged 3.57 percent, down from 3.71...

Home of the Week: Sweeping new Cape Cod made for entertaining

With over ten thousand feet of sophisticated space on two levels, this grand, just-finished Encino estate is designed for entertaining. Set on a huge half-acre lot south of the Boulevard at 4519 Haskell Avenue, the home is lavished with exquisite designer touches, finishes and fixtures throughout. The welcome begins off the circular drive in the open foyer with its soaring cathedral ceiling, then then moves...