What’s Real About the Recent Real Estate Headlines?

What’s Real About the Recent Real Estate Headlines?



May your Easter bloom with much love and happiness!

Sales of existing homes, the majority of purchases, surged 9.5% to a seasonally adjusted annual rate of 4.38 million, the National Association of Realtors said Thursday. Homes sold for more than $1 million shot up 37% in February, compared with the same month a year ago. Sales of homes priced from $750,000 to $1 million rose 23%. (WSJ)

China has an excess of solar power components, EVs, and lithium-ion batteries, allowing it to export those products at cheaper prices to markets around the world - a perfect reminder that imports from other parts can lower prices while making things locally costs more. Good for employment, not so good for inflation! Do we want to make things locally and pay more or do we want prices to come down? Not easy... (CNBC)

Roughly 20% of primary homebuyers purchased with either a friend or relative in 2023. (CNBC)

If personal interest payments and the higher cost of homeownership were captured by official data, inflation would have been 9% in November, not 3%...which may imply that higher interest rates are actually FUELING higher inflation. (Barrons)

There are now more than 5.5 million Americans with liquid investable assets of $1 million or more, up 62% over 10 years, well above the global growth rate of 38%. Over the past 5 years, the population of millionaires in the U.S. has grown 35%, nearly twice as fast as China’s. The U.S. has 9,850 centi-millionaires - those worth $100 million or more - compared with China’s 2,352. The U.S. has about 788 billionaires to China’s 305. (2024 USA Wealth Report/Henley & Partners and New World Wealth.)
Japan’s aging population is shifting even its diaper business. Japanese diaper company Oji Holdings recently announced that it’ll stop producing for babies domestically and will make adult versions instead. The decision reflects what’s been happening in the Japanese market for a while now: In 2011, the nation’s biggest diaper brand, Unicharm, said adult versions had outsold baby ones. And it’s grown more acute since then. Last year, Japan recorded its fewest annual births since the 19th century, and the proportion of its population over age 80 grew to more than 10%, per the BBC. Japan’s growing adult diaper market is estimated at ~$2 billion. (Morning Brew)

Exclusivity and privacy. These are two aspects that are becoming more and more desired by the very wealthy as 'quiet luxury' becomes a shield to not be too easily identified in many areas, not just fashion, the ability to not scream "Look at me!" Many of the very wealthiest are cocooning themselves, isolating themselves from mass society to focus more on their families and experiences - and high security - rather than fame or recognition. We see it in fashion, travel, private clubs, membership-only restaurants and...homes. (CNBC)


Sellers retain, as they always have, the discretion to offer compensation to buyer’s brokers. The proposed settlement does not prohibit their ability to do so.

Commissions have always been and will continue to be negotiated through transparent conversations with our clients. We believe strongly in transparency around broker compensation.

Commissions have always been negotiable and are not set by law. Reduced fee alternatives have been and will continue to be available for consumers seeking those options.

The proposed settlement would require that every buyer represented by an NAR-affiliated agent sign a Buyer Representation Agreement outlining the relationship between the buyer and broker before touring a property, something that is already required in many states for over a decade.

Buyers deserve representation at every income level. Our experience has shown that transactions flow more smoothly when there is professional representation on each side, creating open lines of communication which benefit all parties involved.

Compass agents provide tremendous value to our clients. As a result, we will continue to encourage a transparent commission conversation that reflects the time, effort, expertise, and support we invest in each transaction.

Compass is fully prepared to adopt the changes laid out as part of the settlement. We see these updates as being positive both for our clients and for the brokerage community, as they provide additional transparency and clarity and will encourage the most professional agents to thrive.


Silver Trumpet Restaurant & Bar
On par with the artistic allure of the Avenue of the Arts hotel, Silver Trumpet Restaurant and Bar blends theater’s classy culture with the area’s contemporary vibe. Indulge in sophisticated food while live music jazzes up the lounge and art lovers meet and greet. Even the ever-changing cocktail menu draws inspiration from the next-door Segerstrom Center for the Arts’ lineup of shows! P.S. Late-night happy hours make Silver Trumpet the ideal spot for a nightcap.
Check it out...


If a house revamp is on your agenda, add a trip to Goodies to your to-do list. This curated home goods store in Costa Mesa with LA origins is designed to inspire minimal and modern spaces. Their sunshine-filled studio off 17th Street looks more like a scene out of Architectural Digest than a storefront. Find the perfect ceramic serveware to host a spring brunch and woven rattan baskets for indoor plants that are budding back to life. Oh, and wait for it - everything, YES EVERYTHING - is $25 or less!
Check it out...

The Best Smart Home Devices for 2024
What follows is a rundown of the best smart devices we've tested for every area of the house. There are so many products that we've arranged them by room to help keep things organized, but that doesn't mean you can't use most of these gadgets just about anywhere.
Check it out...

46 Simple Easter Egg Designs

On the hunt for simple and beautiful Easter egg designs to round out your decorations for March 31st? Here are some of the best ideas from the crafty editors at Country Living and some of the best blogger projects too...
Check it out...



With inventory on the rise, buyers are on the hunt for the perfect property. Here's a snapshot of single-family home opportunities currently on the market in some of the hottest neighborhoods. Compass Private Exclusive inventory is available in each of these areas...please reach out if you'd like more details.

A rare find on Lido Isle, 108 Via Undine is an amazing opportunity. Situated on an oversized 53’ lot and highlighting a spacious backyard, this refreshed home epitomizes coastal living. Details...

108 Via Undine | Lido Isle

4 BD
4.5 BA
This meticulously maintained two-bedroom, two-bathroom Lido Isle residence spans 3,050 sq.ft. on an extended corner lot. Details...
540 Via Lido Soud | Lido Isle
2 BD
2 BA
This beautiful home offers breathtaking city light and sunset views, and is perfect in every way. Details...
2144 Port Durness | Port Streets
5 BD
4 BA


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Leslie Thompson's detailed approach and dedication are unsurpassed. Clients depend on her personalized service and recognize that her innate skills consistently deliver exceptional results. Whether you're looking to buy or sell, Leslie looks forward to helping you reach your real estate goals with utmost care.

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