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Bay Area Families Are Fueling Napa Valley’s Real Estate Market

Ellen Paris Contributor Real Estate The Napa Valley real estate market is booming with multiple offers and bidding wars. Bay area families looking to escape the realities of urban living during a pandemic are fueling the market. Listen to Compass California President Mark McLaughlin on the market dynamics. “Home has become everything to us as our schools, gyms, and workplace have been taken away. We ...more

Q & A: Industry Experts Discuss California’s Real Estate Market

San Francisco’s real estate market is expected to recover quicker than Los Angeles’ GETTY Real estate industry experts discuss California’s real estate market. I checked in once again with Compass California President Mark McLaughlin and CoreLogic’s Deputy Chief Economist Selma Hepp. The conversation focuses on the Bay Area and Southern California markets. In 2018, McLaughlin led the merger of San-Francisco-based Pacific Union International with Compass establishing Compass California, a ...more

Industry Experts Discuss California Real Estate Market

Ellen Paris Contributor Real Estate Industry experts discuss today’s California real estate market. Compass California President Mark McLaughlin and CoreLogic’s Deputy Chief Economist Selma Hepp answer key questions on the market. In 2018, McLaughlin led the merger of San-Francisco-based Pacific Union International with Compass establishing Compass California, a leader in market share in California. McLaughlin acquired Pacific Union International in 2009, growing it to a luxury boutique residential real ...more

Compass agents anticipate post-pandemic buyer’s market in California

More than 700 Compass California agents shared their concerns, market predictions for when shelter-in-place laws lift Mark A. McLaughlin Although the end of California’s statewide shelter-in-place order is unclear, Compass California President Mark McLaughlin is asking the brokerage’s 2000-plus agents to begin thinking of how the real estate market will change once the economy opens back up. McLaughlin shared on Tuesday the results of a brokerage-wide survey ...more

Coronavirus Is Forcing Real-Estate Agents to Adapt. Will They Sink or Swim?

The pandemic is halting open houses and shuttering sales centers and brokerage offices, changing the industry virtually overnight ByKatherine Clarke, Beth DeCarbo, Nancy Keates, and Katy McLaughlin March 19, 2020 1:21 pm ET On Tuesday, March 10, real-estate agent Joanne Greene got a call from a fellow agent bringing buyers to one of her listings, a roughly $2 million three-bedroom co-op on New York’s Upper East Side. The ...more

In Los Angeles, Small is a Big Trend for New Developments As the market slowed, downsized luxury condos are trending in the coming season

By Nancy A. Ruhling Although the Los Angeles condo market as a whole ended 2019 on a dramatic down note, the upper end, comprised of “boutique” developments with prices starting at more than $3 million, more than held its own. Overall, the market saw a 37.9% year-over-year decrease in sales and an average 3.4% annual fall in prices to $724 per square foot, according to ...more

Down Market Doesn’t Damper San Francisco’s Slate of New Developments A Robert A.M. Stern building and a 45-story, two-tower Four Seasons complex highlight spring’s sales launches

By Nancy A. Ruhling Although prices for condos in San Francisco remained flat during the fourth quarter of 2019 and sales volume declined significantly, according to a report by Compass, a number of new luxury developments with uber experiential amenities are tapping into a market primed with eager buyers. “It’s true that the velocity of sales has slowed because the ultra-luxury sector is hitting new ...more

The luxury leader mobilizing his troops from the comfort of a pool

Aaron Kirman of Aaron Kirman Group at Compass in Beverly Hills leads in the face of a widening pandemic as his city begins to shut down and his clients start to worry Inman Diaries is a weekly feature tracking the day-to-day activities of America’s leading real estate agents in their own words. This week, Aaron Kirman of Aaron Kirman Group at Compass leads in the face ...more

Amazing Joe Montana ranch property in play: See the $29 million Napa villa

San Francisco 49ers great Joe Montana is selling a distinctive 500-acre Napa Valley villa for $28.9 million. BY DAVID CARACCIO San Francisco 49ers great Joe Montana is selling a distinctive 500-acre Napa Valley villa for $28.9 million. The equestrian estate in Calistoga, California, was inspired by his and his wife Jennifer’s travels in Italy and France during breaks in the NFL legend’s career, according to the ...more