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Compass is Number 1

Compass is Number 1

compass #1

 

Compass is the #1 Brokerage in the US!

joujou compass

It is with immense pride and gratitude that I express my honor in being a part of the #1 real estate brokerage in the United States. Being affiliated with an organization of such esteemed reputation and unparalleled success fills me with a sense of achievement and motivation. This distinction not only reflects the dedication and excellence of our company, but also reaffirms our commitment to delivering exceptional service and results to our clients. Together, we uphold the highest standards of professionalism and innovation, setting the benchmark for the industry. I am truly privileged to contribute to this legacy of excellence and look forward to continuing our journey of success.

Springtime brings with it a sense of optimism and opportunity, as both buyers and sellers alike seek to capitalize on the season’s buoyant energy.

Please do not hesitate to reach out if you have any questions about navigating the Spring market.

warmly joujou


market update

us median price

comparative median

  • Cherry Blossoms are blooming earlier every decade as global temperatures increase: The average date at which they start to bloom has moved up 1.2 days per decade since 1953. (Bloomberg)

  • U.S. homebuilders are feeling more confident about their businesses than they have since last summer, as they see better demand despite stubbornly high mortgage rates. Homebuilder sentiment went positive for the first time since July and gained for the fourth-straight month. (CNBC)

  • State and local governments in California have committed tens of billions of dollars to build more affordable housing. A new complex for some of the neediest low-income people doesn’t use any of it: By forgoing government assistance and the many regulations and requirements that come with it, SDS Capital Group’s 49-unit apartment building it is financing in South Los Angeles will cost about $291,000 a unit to build. By contrast, the roughly 4,500 apartments for low-income people that have been built with funding from a $1.2 billion bond measure L.A. voters approved in 2016 have cost an average of $600,000 each….more than double! (WSJ)

  • While many are concerned about the rising demand for electricity to power vehicles, one of the biggest growing demands for power are data centers to help drive all our technology and AI. These entities require LOTS of power. (Barrons)

  • Home Depot is opening new 500,000sf distribution centers in the first half of 2024 in Detroit, Los Angeles, San Antonio and Toronto to cater to the needs of professional builders and home remodelers that represents around 50% of its clientele…. (CNBC)

  • Ultra-high-net-worth individuals ($30 million+ net worth) now account for 38% of all individual giving in the world. 400,000 people account for more than one-third of the world’s charity. The world’s 3,200 billionaires (or 0.00004% of the global population) account for 8% of individual philanthropy. (Altrata)

  • A new demographic has emerged: the PAP. The Post Achievement Professional. They have achieved enormous success and then choose to focus on doing the things they love doing, with money a secondary consideration, if one at all. (WSJ)


cherry blossoms

“Spring is far more than just a changing of seasons; it’s a rebirth of the spirit.”

—Toni Sorenson

joujou chawla