“Not just a month of blooming flowers and green growth, but a season of opportunities in the real estate market. With a fresh perspective and renewed energy, get ready to MARCH into a world of possibilities that await you. ” — Susan PateReal Estate in the News Younger Buyers Want Baby Boomers to Update Their Homes Millennials are worried they'll inherit properties in need of major renovations and repairs, which could further hamper affordability, a new survey shows. Courtesy of Realtor Magazine Local Happenings Sunday, March 31, 9:30am - 1 pm | Easter Brunch at The Ritz-Carlton Bacara, Santa ..read more

NOW AVAILABLE ON LUXURYATCOMPASS.COM The 2023 Ultra-Luxury Report provides a comprehensive exploration of $10 million-plus sales nationwide. I invite you to explore this bi-annual analysis of the ultra-luxury sector over the last four years. In both stable and shifting times, knowledge is crucial to successfully navigating luxury. Click the link below to acquire these critical learnings. Explore the 2023 Ultra-Luxury Report Real Estate in the News Mortgage Rates Have Dropped Quickly: How Low Will They Go In 2024? Homebuyers received an unexpected gift around the holidays as mortgage rates dro ..read more

Interest rates have plunged since October, and are currently expected to drop further in 2024. Inflation is a huge factor in interest rates, consumer confidence, and housing and financial markets. Most analysts believe inflation will continue to fall in 2024. Consensus opinion is that the Fed will soon begin to drop its benchmark rate. Once it determines a change is appropriate, the Fed often acts quickly and decisively. Rarely have stock markets swung so dramatically from pessimism regarding economic trends to ebullient optimism as in the last 2 months of 2023. The effect of high interes ..read more

Interest rates have plunged since October, and are currently expected to drop further in 2024. Inflation is a huge factor in interest rates, consumer confidence, and housing and financial markets. Most analysts believe inflation will continue to fall in 2024. Consensus opinion is that the Fed will soon begin to drop its benchmark rate. Once it determines a change is appropriate, the Fed often acts quickly and decisively. Rarely have stock markets swung so dramatically from pessimism regarding economic trends to ebullient optimism as in the last 2 months of 2023. The effect of high interes ..read more

“December is a month filled with traditions, gatherings with loved ones, and the opportunity to reflect on the journey you have traveled for the last 12 months. What have you learned? What are your dreams for the future? Do you feel you have found your place? ” — Susan PateReal Estate in the News It's Taking Americans Much Longer in Life to Buy Their First Home... The typical age to buy a first home has jumped to 36 years old, the oldest ever on record. The rising age is a sign that high housing costs and mortgage rates are pushing homeownership out of reach for younger Americans. Courtesy of ..read more

“As November sweeps in with its crisp air and vibrant colors, we’re excited to bring you our monthly newsletter to keep you informed, inspired, and connected. This month we invite you to dive into the warmth of gratitude, share in the spirit of Thanksgiving, and explore a treasure trove of content designed to help you find your place.” — Susan PateReal Estate in the News Is Your House Too Big for You? How to tell if you actually need that McMansion - and what to do next. Courtesy of U.S. News Local Happenings Nov 19, 2023 | Symphonic Spectaculars - Time for Three On Saturday and Sunday, Nove ..read more

“The month of spook-tacular surprises, cozy sweaters, and pumpkin spice everything! We’re falling for all things autumn in this edition of our newsletter. Get ready for some ‘boo-tiful’ updates, ‘gourd’-eous stories, and ‘witch’-ful thinking as we navigate through this enchanting October together! ” — Susan PateReal Estate in the News Retirement goal expectations vs. reality: How Americans stack up Younger workers are more optimistic that they’re on track with retirement goals, according to a recent report. However, their long-term savings may be falling short. There is often a disconne ..read more

“As the sun sets a little earlier and a gentle breeze begins to rustle the leaves, we find ourselves at the threshold of a brand new month. September, with its golden hues and promise of change, welcomes us with open arms. It’s a time of transition, reflection, and renewed energy. In this edition of our newsletter, we’ll explore a variety of topics that embrace that spirit and inspire you to make the most of this vibrant time of the year.” — Susan PateReal Estate in the News Here's How Gen Z Can Become Home Owners "My parents were in their 20s when they bought their first home. It was the 19 ..read more

“As we step into the second half of the year, we are excited to embrace the summer season and all its warmth. July marks a time of vibrant energy, renewed enthusiasm, and new beginnings. Read on for real estate news, home tips and tricks, and more - curated just for you.” — Susan PateReal Estate in the News What Does Move In Ready Really Mean? "You may need to adjust your mindset before walking into a house advertised as move-in ready. But what does "move-in ready" really mean? Depending on who’s talking, it could simply mean that all the appliances work. For others, it means a freshly renova ..read more

“Here are the key trends to watch for in 2023, according to an online survey of more than 440 Compass agents nationwide.” — Susan PateNational Market Dynamics: Sales, Prices, Rates, Rents & Inventory The rapid market slowdown of the past six months is predicted to largely level off in 2023. 62% said they predict there to be somewhat or much fewer home sales in 2023 compared to 2022. But 68.3% said they predict annual U.S. home price growth to decline only modestly or stay about the same as in 2022. 71.5% said they predict inventory to stay at current levels or increase somewhat. 75.8 ..read more