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How did the spur of IPOs impact Bay Area housing markets?

Executive Summary: Higher-end sales (above $3 million) surged in the second quarter to last year’s historical peaks. Home prices remained flat in the second quarter, except in San Francisco and San Mateo. For-sale inventory growth slowed considerably, especially in San Francisco. Inventory remains at 50 percent of the last housing boom. Tax reform is likely …

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Community Giving Fund Summer Casino Night benefits 12 charities

Steps from the sand at Malibu’s famous Broad Beach, Compass agents, staff, family and friends joined to party for a purpose at the Community Giving Fund’s annual Summer Casino Night on July 13th. The Community Giving Fund, in partnership with Compass Cares, has raised more than $100,000 year-to-date, impacting 15 charities in total this year. …

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Home of the Week: Mid-Century Post & Beam in Studio City

A Mid-Century hideaway with sweeping views of Coldwater Canyon and the Santa Monica Mountains, designed by Chapman & McCorkell, has been listed at 3605 Alta Mesa Drive, Studio City. Walled and gated for privacy and security, the split-level residence beautifully blends 1960’s post and beam architectural elements with modern conveniences such as surround sound for watching …

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Oakland, Berkeley, Piedmont Q2 Report – Compass

Quantifying the Spring 2019 Market. Stock markets hit new highs, interest rates hit multi-year lows, unicorn IPOs rolled out in San Francisco, and the greater Oakland-Berkeley real estate market had another very strong spring selling season July 2019 Q2 Report Median Sales Price Trends Median home sales prices typically fluctuate by season – partly due …

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Home of the Week: Open concept in the Outpost Estates

This chic Outpost Estate villa, 2165 Castilian Drive, is a hybrid of old California and 2019 open concept living, featuring panoramic views of the city, ocean, and Santa Monica Mountains. Meticulously remodeled with the utmost design and detail, this sophisticated home has great volume and scale throughout thanks to soaring beamed ceilings. Highlights include a …

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Diablo Valley & Lamorinda Q2 Market Report – Compass

Stock markets hit new peaks and interest rates hit multi-year lows. The market had its typical spring bounce in demand, but generally speaking, remained cooler than it was in the first half of 2018. Year-over-year home-price appreciation has basically disappeared for the time being, with prices stabilizing, more or less, at last year’s peak levels. …

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June U.S. Jobs Report: Continued strength lowers expectations of Fed cut in July

Friday’s national employment report from the U.S. Bureau of Labor Statistics showed that the U.S. economy added 224,000 in June, exceeding the expectations of market observers who were counting on lower gains amid some slower May economic reports. The current economic expansion also entered its 121st month in July, marking the longest expansion in modern …

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