Compass Concierge has been helping your clients sell their homes faster and for more money

We’re also seeing how Compass Concierge has been helping your clients sell their homes faster and for more money in 2020.  Here are some great facts that should give you confidence when speaking with your clients about the value of Concierge: Concierge homes in 2020 are selling 30% faster than non-Concierge homes Concierge homes are also selling …

Across the country, and for many different reasons, people are moving

Every economic downturn in history has slowed down the demand of buyers in the U.S. to move, but this downturn has been different — it has driven new buyer demand. Across the country, and for many different reasons, people are moving. Why? Just look at the trends across the market: Mortgage rates reached an all-time low …

Santa Clara County R.E. Market Rebounds from COVID-19 Plunge July 2020 Report

Despite the ongoing health and economic crisis precipitated by COVID-19, the real estate market made a dramatic recovery from the steep declines in March and April. The median house sales price in Q2 was only a tad below its 2018 peak, and high-end homes, in particular, have seen extremely strong demand – this applies to …

Homes Are Being Snatched Off the Market at Their Fastest Pace in More Than Two Years

Homes are selling faster now than any time since spring 2018, a new Zillow® analysis showsi, meaning potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list. Though many sellers have taken a wait-and-see approach through the pandemic, homes …

Could mortgage rates under 3% be bad for the housing market?

First American Chief Economist Mark Fleming emphasized the downside of plummeting mortgage rates: ‘Why move when you can lock in at less than 3% in a time like this?’ While prospective homeowners are likely salivating at the plummeting mortgage rates — which continue to climb to new historic lows weekly — there is one reason …