What’s New… 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 in July: 2.98%.
- Mortgage applications are up significantly: +33% in the first week of July vs. a year ago.
- National home sale activity rebounded: Existing-home sales in June rebounded 20.7% month over month, highest monthly increase ever recorded.
- New single-family home sales soared to highest rate in 13 years: Rose 13.8% year over year.
- Home prices are at all-time highs: Median existing-home prices grew 2.8% to hit an all-time high.
- Homebuilder sentiment is at 72: The last time we had a yearly average as high as 72 was in 1999.
- And of course, after many months of social distancing, people have never been so intimately aware of the inadequacies of their home, leading more people to want to move.
We’re also seeing how Compass Concierge has helped our clients sell their homes faster and for more money in 2020. Here are some great facts on the incredible impact our Concierge home preparation service is having:
- Concierge homes in 2020 are selling 30% faster than non-Concierge homes.
- Concierge homes are also selling for 3% more than non-Concierge homes. That 3% difference means that for a $1.5M home, Concierge is creating on average $45K of additional value for the seller.
- Concierge projects have had an average of 25 days on market vs 36 days on market for non-Concierge homes.
If you’re thinking of selling your home, let’s get together and I’ll show you what the Concierge program can deliver for you!
4 Bed | 4 Bath | $2,595,000 | Julie Whitmer
Dreaming of more space? This Round Hill Estate home is for you!
This exclusive property offers 6+ acres perched on a knoll with unbelievable views, soaring with the eagles and reaching for the stars.
The expansive views extend from Mt. Diablo and the Las Trampas Hills, to downtown Walnut Creek and the Carquinez Straits. This home boasts high ceilings with an open kitchen/family room concept, expanded and remodeled in 2002. Enjoy the sunroom off the family room while sitting at the outdoor fireplace. Take in the views from the formal dining room and the picture window that overlooks the rear yard and pool. True resort-style living with pool and your own golf putting area. Enjoy magical sunsets from the deck of the luxurious master suite. This home has 44 Solar Panels making your electric usage pain-free. The storage is abundant here and the 3 car garage offers an epoxy finished floor and built-ins. Private yard and close proximity to the East Bay Regional Park Trails. A Tranquil location, yet close to town and Round Hill Country Club. Views define this quality home.
6 Bed | 5.5 Bath | $3,150,000 | Compass Listing
Upgraded home on quiet lane in heart of Westside Alamo, offering private setting on flat half acre lot. Dream backyard with pool, outdoor kitchen, sport court, patio, lawn area, access to Iron Horse Trail & gorgeous pool/guest house w/full bath, perfect for hosting friends/family. Beautiful Chef’s kitchen offers stunning upgrades: new quartz countertops, custom cabinetry, top of the line appliances and center island with breakfast bar. Luxurious Master Suite. In addition to attached garage, home has detached, oversized 3 car garage with cedar sauna and in-law unit with kitchenette, family room, and full bath.
4 Bed | 2 Bath | $1,495,000 | Compass Listing
Location, location, location! This tastefully updated single-story home is situated in the heart of one of Danville's most sought-after neighborhoods. Gracious curb appeal and the expansive corner lot welcome you into this cozy Brookside rancher. Spacious formal living room and dining room with plantation shutters, wood-burning fireplace and a wall of windows bringing in loads of natural light. Remodeled, sun-filled eat-in kitchen w/quartz counters, natural wood cabinets and stainless appliances, recessed lighting and adjacent family room with sliding glass doors opening to spacious and private backyard oasis. Master suite with retreat is perfect for home office or extra room to relax. Fabulous level yard with Pebbletec pool and multiple patios are perfect for entertaining family or friends.
5 Bed | 7.5 Bath | $25,000,000 | Compass Listing
Juxtaposed against SF's most iconic backdrop, 435 Marina Blvd stands out as a showpiece of coastal modern design. Spectacular heights in scale, sophistication and craftsmanship are coupled with unparalleled front row views of the Bay from the Golden Gate Bridge to Alcatraz and beyond from each level of the unprecedented Marina residence. Rare offering on extra wide lot spans over 7,000 sq ft and is fully detached, allowing for incredible natural light. Walls of glass doors slide to reveal the pinnacle of indoor-outdoor living. Exquisite gourmet kitchen with Bulthaup cabinetry and Calacatta counters. Striking architectural design by EAG Studio. Five luxurious bedroom suites wit dual bathrooms and closets in primary suite. Panoramic view roof deck. Three outdoor kitchens, office, media room, 4 car garage, elevator, solar panels & smart home tech.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.