In The News

Here you can find recent news coverage and analysis about Compass, real estate, business, California economics, and more.

Hollywood’s High-Flying Luxury Real Estate Brokers Find Themselves Grounded

With new listings in L.A. down almost 30 percent and a recent ban on in-person showings, the city’s top real estate agents have few tools left to ply their craft. But don’t expect that to slow down the most restless of the bunch, who are turning to Instagram to get them through the pandemic. She’s designed a yacht for Johnny Depp, more than a dozen ...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

One of the Bay Area’s Most Beautiful Homes asks $7.5M

This Belvedere home now comes with a trimmer asking price By Brock Keeling@BrockKeeling  Apr 15, 2020, 9:49am PDT Designed by Albert Farr (who, in addition to creating works in Sea Cliff, Pacific Heights, and St. Francis Wood, designed Jack London’s Wolf House), this Belvedere home measuring 5,574 square feet is arguably one of the Bay Area’s most gorgeous homes, period. It’s up for grabs for a slimmed down price of $7.577 million. ...more

The broker balancing Zoom and homeschooling in a crowded house

Arrian Binnings of Compass balances working from home with his wife, Sejal Binnings, while assisting a homeseller infected by the coronavirus in San Francisco BY INMAN | Today 1:00 A.M. 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, Arrian Binnings of Compass balances work, Zoom meetings and home-schooling in a crowded house as the pandemic ...more

LIVING IN East Cut, San Francisco: A Newly Rebranded Neighborhood Takes a Bow A walkable, high-rise neighborhood has opened for business in a hilly, mostly low-rise city.

SAN FRANCISCO -After commuting from his home in San Mateo, Calif., to Austin, Texas, for several years, Cristian Azcarate landed a job at the San Francisco-area headquarters of his company and settled in the Bay Area permanently. He and his husband decided to sell their home in Silicon Valley and buy a place that felt as close to the opposite of suburbia as possible. They ...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

Unrivaled in Height and Views, 181 Fremont’s Grand Penthouse Soars Over the City (sponsored)

Updated 9:43 am PST, Monday, January 13, 2020 It’s hard to imagine the future owner of the grand penthouse at 181 Fremont wanting for anything. Occupying the highest residence in the San Francisco, inhabitants will enjoy a stylish oasis soaring more than 700 feet above the city. The striking residence and thoughtfully selected material palette comes fully furnished. It includes a private elevator foyer, wine tasting room ...more