Compass SoCal February 2019 Real Estate Market Update

While overall median home prices trended 5 percent lower in February year-over-year, about half of communities saw increases and the other half saw declines. However, most of the prices are still above January 2018 levels as pricing started surging in February and posted a 13 percent jump compared to February 2017. Malibu and surrounding areas continued to see the largest increases in median prices, as...

Plenty of open jobs in California while employment growth slows as anticipated

Following a delay in data release due to the government shutdown, the latest numbers from the state Employment Development Department (EDD) show California added 3,000 jobs in January, bringing the annual growth to 246,400 jobs. That represents a 1.4 percent increase from the year before, compared with the 1.9 percent growth recorded nationwide. In the nine years since the economic expansion started, the state has...

Compass NorCal February 2019 Real Estate Update

While the pace of sales generally picked up from the January highs in most Bay Area regions in which Pacific Union DBA Compass operates, most regions saw relatively lower prices compared to last February when the robust spring price growth began. Click on each of our regions below for an expanded look at local real estate activity in February. CONTRA COSTA COUNTY February median sales...

Home as a work of art: Get inspired by these exhibits

If life imitates art, then these California exhibits just may inspire you to turn your home into a canvas for creative expression. California crafty California Visionaries: Seminal Studio Craft, Featuring Works from the Forrest L. Merrill Collection, Craft In America Center, Los Angeles, March 2–May 4 We love Ikea: It’s cheap and convenient. But sometimes your home is screaming for something unique and local. California...

Stephen Udoff named Malibu Realtor of the Year

Compass real estate leader Stephen Udoff has been named Malibu’s Realtor of the Year. The  honor recognizes exceptional service, dedication and diligence in serving the members of the Malibu Association of Realtors and the Malibu community.  Matt Ogden, Compass Regional Assistant Sales Manager (left) with Stephen Udoff Stephen  acquired his first investment property at 21 and was named Rookie of the Year by Who’s Who...

Home of the Week: A grand Monterey Colonial estate

Ideally located near the Huntington Library & Gardens, this grand Monterey Colonial Estate was built by legendary architect Reginald Johnson in 1927 for his parents. The stately six bedroom, seven bathroom residence features a large 25,570 square foot lot and a versatile floor plan offering both formal and informal spaces. The welcoming entry leads to the living room with a fireplace and original wood-paneled walls....

Compass California honors International Women’s Day

Introducing Compass Concierge: Unlock your home’s hidden potential

The secret to selling your home faster and for a higher price? A great first impression. We can make that happen. Exclusive to Compass, our Concierge program is among a suite of services designed to prepare your home for the market. From deep-cleaning to cosmetic improvements, your Compass agent will work with you to assess every opportunity to elevate your home’s value. Once the necessary...

Is the “Uber Effect” going to be as large as the “Facebook Effect”?

If IPOs do come to fruition and there are some newly minted millionaires, Bay Area housing markets could have another renaissance. Bird’s Eye View: Uber (and/or Lyft), Airbnb, Pinterest, and Slack are believed to be going public in 2019 Combined, the four potential 2019 IPOs could reach valuation of $176 billion, almost twice as large as Facebook’s 2012 valuation10,000 San Francisco based workers could be affected,...