Real Estate Roundup: Californians Are Still Placing the Nation’s Largest Down Payments

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. GOLDEN STATE HOMEBUYERS SHELL OUT SIX FIGURES ON A DOWN PAYMENT American homebuyers placed the largest down payments in nearly 15 years in the third quarter, with those in major California metropolitan areas shelling out anywhere from five to 14 times the national average. ATTOM Data Solutions’ latest U.S. Residential...

Compass Opens Los Angeles’ Most Community- and Architecture-Centric Real Estate Office

More of a community outpost than traditional office, the innovatively designed space of our  newest office is located in the 1920s Keystone Building in Larchmont Village. Located in the heart of Hancock Park at 156 North Larchmont Boulevard, the innovative space is the vision of Bret Parsons, a top-producing real estate professional, lecturer, and author of noted architecture books. The extraordinarily designed environment, housed in...

What Are Silicon Valley’s Highest-Paying and Most In-Demand Tech Jobs?

Directors of product management are Silicon Valley’s best-compensated tech workers, earning average annual salaries of nearly $187,000. Software test engineers are the most sought-after employees in Silicon Valley in 2018. For the second year in a row, Apple is the most active hiring company of tech workers in the region. Tech-job openings in Silicon Valley have risen by more than 10 percent year over year...

Video: November Bay Area Home Sales Report

Check out this short animation, which offers highlights from an in-depth report on November Bay Area housing market activity. To read the full analysis from Compass Chief Economist Selma Hepp, click here.

Bay Area Housing Inventory Again Posted a Solid Increase in November

Executive Summary: Overall Bay Area home sales (single-family homes and condominiums) declined by 17 percent year over year in November, with all counties and price ranges posting decreases. Year to date, total 2018 sales are 5 percent below last year; however, sales of homes priced higher than $1 million are still trending above 2017 levels. Some communities — particularly Marin County’s San Anselmo and a...

Compass’ November 2018 Real Estate Update

Five Bay Area regions posted median sales price declines in November from one year earlier, while Silicon Valley was the only one to see a double-digit-percent annual gain. Marin, Sonoma, and Contra Costa counties, along with the Mid-Peninsula, enjoyed significant year-over-year inventory improvements. Click on the image accompanying each of our regions below for an expanded look at local real estate activity in November. CONTRA...

Bay Area Cities Dominate List of California’s Best Job Markets

San Ramon ranks as California’s top job market in 2018, followed by Palo Alto, Danville, Los Gatos, Santa Clara, and Pleasanton. Palo Alto boasts the state’s overall best employment market. Workers in the Northern California cities of Hollister, Antioch, Gilroy, Oakley, and Pittsburg earn California’s largest annual starting salaries. An aerial view of Stanford University, one of the largest employers in the Santa Clara County...

Home of the Week: Bel-Air Masterwork With Sweeping Views

Poised atop a double-gated promontory, three wings of mirrored, translucent, and clear glass overlook panoramic 360-degree vistas of the canyons, downtown skyline, and ocean. This is 11490 Orum Road, a tour de force by architect Zoltan Pali with every detail designed for opulent, exhilarating living. Sensitively married with the surrounding environment, the home’s ultramodern open-plan spaces flow seamlessly from indoors to out via floor-to-ceiling walls...

Real Estate Roundup: California Again Leads the Nation for Home-Equity Gains

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. GOLDEN STATE HOMEOWNERS GAIN THREE TIMES MORE EQUITY THAN THE U.S. AVERAGE Although U.S. homeowners saw their home-equity gains moderate in the third quarter due to cooling price growth, California remains at the top of the heap, with owners pulling in about three times the national average. A new CoreLogic...