Buyers in Brief

Last week, we shared a snapshot of sellers on the market in 2023 from the California Association of Realtors. Now it’s time to take a look at buyers braving the waters.

Contrary to what you might guess, it’s the Millennial Generation in the driver's seat on the buyer bandwagon, with nearly half the buyers coming from that age bracket. All told, it’s also an experienced cohort. Buyers have a median age of 45, nearly two in three are married, and 64% are repeat buyers.

See the infographic below for more numbers.

Giving thanks for our clients

With the short holiday work week, today is like Thursday, so we’re giving early thanks to the most important people in our world: our clients. Thank you for sharing your real estate journeys with us!

CHIC (Pearl)

Did you know the first Thanksgiving lasted for three days? Imagine three straight days of Thanksgiving dinners, leftovers, and heartburn! Now imagine what it would be like to have no Thanksgiving dinner at all. Together, we can help all of our friends and neighbors have a happier holiday season by making a donation to a local food bank or volunteering in a community kitchen.

GEEK (Kevin)

Did you know that Thanksgiving is commonly considered the origin of the “TV Dinner”? According to legend, the Swanson company had a bunch of frozen turkeys leftover from Turkey Day in 1953, so they packaged them up with veggies and sold them as individual meals. Of course, that’s not what really happened, according to the Smithsonian. But the truth isn’t as fun.

Breaking bread

This one goes out to the home bakers on National Homemade Bread Day. The Geek has been making his own bread for years, and the rest of us are just starting to catch on. Baking at home is cheaper, healthier, and more fun. Want to learn more? Drop us a note.

Look Who's Selling

This recent snapshot shows that Baby Boomers are driving home sales in 2023, as they approach their golden years and look to downsize or seek a change of scenery. More than half of sellers are married, nearly half of them plan to buy a new home after they sell, and fully two-thirds are white.

Learn more in this infographic from the California Association of Realtors.

Festival of Lights

We're thrilled to invite you to the Compass Los Altos Festival of Lights Pre-Parade Reception, a joyous celebration for the whole family! Enjoy a coffee cart stocked with piping hot cider, rich cocoa, and an array of delectable sweet treats. Complimentary parking is available before and during the parade.

We can't wait to share the joy of the season with you and your loved ones. See you there?

WHEN: Sunday, November 26, 4:00-6:00pm

WHERE: Compass Los Altos, 167 S. San Antonio Road, Suite 1