Thursday, April 23, 2020 / by Laura Lynn
Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation.
In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where the return to previous levels of economic success won’t occur until the middle of next year. Yesterday, Reuters released a poll of U.S. and European economists which revealed that most surveyed are now leaning more toward a U-shaped recovery.
Here are the results of that poll:
Why the disparity in thinking among different groups of economic experts?
The current situation makes it extremely difficult to project the future of the economy. Analysts normally look at economic data and compare it to previous slowdowns to create their projections. This situation, however, is a ...
Saturday, February 1, 2020 / by Laura Lynn
Please Join Us @ Our New Office Grand Opening
RSVP Text Laura 425.647.0550
We are well into the Winter season and have officially checked off one month into the new year! To help you ring in the shortest month of the year and find ways to show your loved one just how special they are on Valentine's Day, we've gathered some great local events, date night recipes, unique getaways, and much more to embrace all that February is about to bring us!
January 2020 Market Recap
Median Sales Price (King County)
2019 $565K 2020 $590K UP 4.4%
Median Sales Price (Seattle)
2019 $640K 2020 $670K UP 4.7%
Median Sales Price (Eastside)
2019 $800K 2020 $780K DOWN 2.5 ...
Tuesday, December 31, 2019 / by Laura Lynn
Together we focused on depth, not breadth;
Compass agents helped 111,976 buyers, sellers & renters find their place in the world. On average, we helped someone complete a transaction every 5 minutes.
Our sales volume grew from $33 to $88 billion, and Compass became the #1 independent brokerage in the country by closed sales volume, per Real Trends.
Compass grew to serve a community of 15,000 agents, making it even easier to find an agent to refer our clients to.
We used Compass Concierge for $8.5 billion of listings, representing 17.5% of active Compass listings.
We’re leading in luxury real estate with Compass representing the top-producing agent or team by sales volume in places like San Francisco, Malibu, Dallas, Houston, Chicago and other important luxury markets according to Real Trends. Alain Pinel Realty in Northern California and Stribling & Associates in New York brought even more high ...