Home of the Week: Grand Sea Cliff Georgian With Golden Gate, Marin Views

Stunning views of the Pacific Ocean, the sweeping Marin Headlands across the Golden Gate, and the windswept Lands End shoreline give this stately residence in San Francisco’s Sea Cliff neighborhood a remote and romantic air. Set on a prime block in the exclusive Sea Cliff neighborhood, 34 Twenty-Fifth Avenue is a stately 1914 Georgian residence on a 10,250-square-foot, fenced, gated lot that backs up to...

Los Angeles Homebuyers Should See a More Favorable Market in 2019

 Executive Summary: Total Los Angeles home sales in 2018 were 11 percent below 2017, with the decline driven by fewer sales below $1 million, down by 18 percent. Higher-priced sales fared similar to 2017.Fewer sales were seen across the region except for in South L.A. and Malibu.The year 2018 saw a strong increase in sales priced between $1 million and $2 million in Mid L.A./Baldwin...

Video: California December Jobs Report

Check out this short animation, which offers highlights from December’s California jobs report. To read the full analysis from Compass Chief Economist Selma Hepp, click here: https://tinyurl.com/y9o56vd9

Home of the Week: Brentwood Canyon-View Contemporary

Set in the coveted hills of Brentwood, this gated private estate at 2442 Banyan Drive is a dramatic blend of space, light, and contemporary style. Floor-to-ceiling folding glass doors bring in an abundance of natural light and showcase views of the canyon and city. Unforgettable entertaining unfolds with ease in this expansive, flowing floor plan. The light-filled living room and spacious dining room open to...

California Posted Solid December Employment Growth, Prompting Optimism for 2019

California added 24,700 jobs in December, to end the year with 284,300 new positions in 2018 according to the latest numbers from the state Employment Development Department. That represents a 1.7 percent increase from the year before compared with the 1.8 percent growth recorded nationwide. In the nine years since the economic expansion started, the state has created a total of 3,097,600 jobs.The state’s unemployment...

California Home Sales Continued to Slide in December

California home sales declined for the eighth consecutive month in December, down by 11.6 percent year over year.Statewide, active listings increased by 30.6 percent on an annual basis, the ninth straight months of gains.California’s median sales price rose by 1.5 percent year over year, while the Los Angeles metropolitan area saw 1.0 percent growth. The nine-county Bay Area posted depreciation of 3.6 percent. Although the...

Compass Northern California Quarterly Report: Q4 2018

For the most part, home price appreciation across the Northern California regions in which Compass operates was moderate in the fourth quarter of 2018 compared with the same period in 2017, with only single-family homes in the Lake Tahoe region posting a double-digit-percent gain. Prices were unchanged for single-family homes in Contra Costa County and San Francisco, while Sonoma County and Sonoma Valley saw annual...

Home of the Week: Sky Palace, Penthouse 5 at The Remington

High atop one of the most sophisticated residences in the Wilshire Corridor, The Remington’s 27th-floor Penthouse 5 rises worlds beyond condominium living. This is a true private estate, with nearly 6,000 square feet of elegance surrounded by breathtaking views that sweep across the city to the ocean beyond.  Step directly from the elevator into your private foyer and prepare to be astonished by the soaring...

Compass Southern California Quarterly Report: Q4 2018

We are excited to announce the release of the Compass Q4 2018 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.