We're very excited to announce that Compass is officially listed on the New York Stock Exchange! What does this IPO (initial public offering) mean for us? It provides additional resources to invest in amplifying our global brand recognition and provides even more transparency into the strength of our business.
One thing’s for sure: a single family home with a pool has more value during a global pandemic!
Read MoreIt might seem counterintuitive with many of us spending a lot more time at home, but sales volume and median prices have both increased across the Bay Area during the ongoing pandemic. Just take a look at the numbers...
Read MoreIn 2020, housing affordability for African American and Latinx households in California was half that of white households, illustrating a persistently wide homeownership gap and ongoing wealth disparities. See the charts below, and watch this video to learn more about how to close the gap.
The housing market has seen a quicker recovery from the pandemic than much of the economy thanks to two key factors: a dramatic drop in interest rates, and a significant rebound in the stock market — especially for some of our local high-tech giants. While 30-year fixed mortgage rates have ticked up just a bit in the new year to 2.73%, they’re still well below the nearly 5% rate we experienced in late 2018.
