On September 25th, Pendry Residences West Hollywood—represented by The Agency Development Group—set the stage for an extraordinary rendezvous. The prestigious Porsche Rennsport event took place in Terrace Estate 705, hosted by The Drivers Project. Luxury, camaraderie, and the thrill of high-performance automobiles came together for a remarkable evening. The atmosphere at Pendry Residences was […]
In the realm of interior design, the synergy between creative vision and architectural elements often produces exquisite and captivating spaces. And 21 Rockstream Drive in Henderson, Nevada—represented by The Agency’s Director of Sales for Ascaya Melissa Tomastik—brings that synergy. A masterful expression of desert modern living, this new architectural tour-de-force from Blue Heron […]
New York, Miami, Turks & Caicos, California, the Hamptons—in Q3, The Agency’s team was closing deals around the world, representing buyers and sellers alike. Here’s a round-up of a few standout sales. Canada Luxury Real Estate Sales 11 Avenue des Sternes, Esterel Credit: Archimed Studio/Matt Delaure The Sale: Listed […]
Housing supply will remain below normal despite a 10% to 20% increase in active listings, as market conditions and the lending environment continue to improve. [However] the percentage of CA households able to purchase a median-priced single family dwelling will remain very low by long-term standards. CAR Chief Economist, 9/20/23
The post Lamorinda Home Prices, Market Conditions & Trends October 2023 first appeared on PEB.
Supply and demand dynamics remains stronger for houses than for condos, and the downtown condo market is softer than condo markets in other districts of the city. Year over year, the number of home sales in Q3 was down about 22%.
The post Diablo Valley Home Prices, Market Trends & Conditions October 2023 first appeared on PEB.
The decline in the number of sellers putting their homes on the market continues to be a factor in the balance between supply and demand, in the recovery in home prices, and the decline of overall sales volumes.
The post Lamorinda Home Prices, Market Conditions & Trends September 2023 first appeared on PEB.
After the usual summer slowdown from spring, the autumn selling season began after Labor Day and runs until early-mid November, when the market typically begins its big, mid-winter holiday slowdown.
The post Diablo Valley Home Prices, Market Trends & Conditions September 2023 first appeared on PEB.
Included are charts reviewing both annual home prices for a broad review of appreciation trends, and then 3-month-rolling prices for insight into shorter-term changes.
The post Lamorinda Home Prices, Market Conditions & Trends August 2023 first appeared on PEB.
Along with the recovery in buyer demand and improvements in the general economy, this has been a defining factor in 2023’s market conditions.
The post Diablo Valley Home Prices, Market Trends & Conditions August 2023 first appeared on PEB.
Of all the factors at play, perhaps the biggest wild card has been severely depressed new-listing activity as potential sellers have held back – ascribed to the “mortgage lock-in effect” – which not only artificially constrained the number of sales, but put upward pressure on prices as buyers, once again, competed for an inadequate supply …
The post Lamorinda Home Prices, Market Conditions & Trends July 2023 first appeared on PEB.