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Walt Disney said it plans to start developing residential communities, starting with one in Rancho Mirage, in California’s Coachella Valley. The new residential-development business will be called Storyliving by Disney. Disney’s research/development team, known as Imagineers, will help design the communities.
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Nationally, $1.21 trillion worth of property sold in the U.S. in 2021, dwarfing the $1.17 trillion recorded in 2006 and $1 trillion in 2007 in the two years leading up to the Great Recession. In 2021, existing-home sales totaled 6.12 million – an increase of 8.5% from the prior year and the highest annual level since 2006.
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Almost a third of home buyers experienced two buying regrets the most: Not large enough and underestimated home maintenance. Please feel free to reach out if you would like to receive a home maintenance check list.
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Transactions on homes priced at $10 million or higher jumped 112% in 2021! Los Angeles led in transactions, followed by Manhattan and Palm Beach, as reported by Bloomberg citing COMPASS' Ultra-Luxury Report. The Ultra Luxury Report was also featured by major national news outlets including The Street, WealthX, Barron's and Mansion Global. COMPASS brand is being featured prominently to millions of people associated with luxury real estate. Website visits per month: Bloomberg: 76.4 million, Barron's: 13.8 million, The Street 8.4 million, and Mansion Global 1.6 million.
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While solar and wind sources, along with electric vehicles, attract the most attention right now it may be LED lighting, insulation and other practical fixes that will aid the transition of buildings to green - reducing consumption/operating costs.
- After using their Zestimates to value homes and buy and flip them for a profit - Zillow is going back to its roots, doubling down on agent lead generation.
Sourced from WSJ, MarketWatch, CORELOGIC, Bloomberg
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COMPASS Accomplishments! Delivered a record-breaking year – outperforming a booming real estate market!
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A record-breaking year – outperforming a booming real estate market.
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We generated nearly $6.42 billion in revenue, up 73% year-over-year, and you helped buy and sell homes worth $254.2 billion – setting another COMPASS record for year-over-year growth.
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Completed more than 225,000 transactions[1], up 56% year-over-year, compared to industry transaction growth of only 8%.
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rew our market share by 40% year-over-year, capturing 5.6% of the overall U.S real estate industry’s market share.
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Remain the leading tech-enabled real estate brokerage in the United States and are ranked number one or two in over 40 markets.
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COMPASS agents sold over a quarter TRILLION dollars in transaction volume in 2021!
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COMPASS agents did 617 deals PER DAY in 2021, 365 days of the year!
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Local Events. Cocktail Recipes. Business Spotlight.
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7 Exciting Local Events Happening This March!
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Our Top 5 St. Pattie’s Day Inspired Drinks:
- The Irish Maiden (Honey, Ginger, Grapefruit Juice, Irish Whiskey)
- Traditional Irish Coffee (Irish Whiskey, Black Coffee, Brown Sugar, Whipped Cream)
- Green Whiskey Smash (Whiskey, Cucumber, Mint, Limeade, Lime)
- Irish Cocktail (Irish Whisky, Absinthe, Curaçao, Maraschino, Bitters)
- Lucky Leprechaun Rum Punch (Lime, Lime Soda, Lemon, White Rum, Mint, Pineapple Juice)
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Business Spotlight: Pasta Sisters
Pasta Sisters blossomed through familial bond, sharing a passion for creating in the kitchen. Originating within a small town in Northern Italy, chef Paola Da Re and her family used to spend afternoons with their mother, Maria Giovanna, cooking and baking. It is her mother's diary full of pasta recipes that source many of the Pasta Sisters' signature dishes.
Located in Picfair Village, This Italian owned, casual dine-in/deli-style restuarant is unparalleled and boasts a huge difference with the competition — customizable authentic Italian cooking at an affordable price!
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Picfair Village Housing Stats
Median Prices are calculated by square footage, lot size, beds & baths, and property age:
- $2,699,000 - 4,257 8,000 - 10,000 sqft - 7/5 Bd/Ba - 99 yrs
- $1,979,000 - 2,520 6,500 - 8,000 sqft - 4/3 Bd/Ba - 100 yrs
- $1,500,000 - 3,352 6,500 - 8,000 sqft - 8/7 Bd/Ba - 85 yrs
- $1,100,000 - 1,323 4,500 - 6,500 sqft - 2/1 Bd/Ba - 84 yrs
*Statistical housing stats are sourced from the California Multiple Listing Service pulled by neighborhood zip code.
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Picfair Village Blog
This community is quaint, small, and largely originates from the 1920’s and 30’s. Bordering the west side of Hauser to the east side of Fairfax and the south side of Pico to the north side of Venice, Picfair Village is charming and very family oriented!
Read our blog to see the neighborhood local businesses, school ratings, housing stats, and population demographics.
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Seven Curb Appeal Trends for Spring
- Native Landscaping
- Floral Arrangements
- Patterned Driveways
- New Front Door Hardware
- Painted Statement Door
- Gathering Spot on Porch
- Unique Pots and Planters
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© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
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.
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