Welcome to Compass Curated, a collection
United States Market Recovery
According to national data from the Mortgage Bankers Association, applications for purchase loans were up 15% over last week, the eighth straight week of growth.
New Yorkers Head South, Permanently
Forbes notes that New Yorkers are relocating at a staggering rate of 270 per day to Florida, primarily for the warmer weather, tax benefits, & affordable housing.
Historic Low For Mortgage Rates
For the first time in history, the average interest on a 30-year fixed rate mortgage has fallen below 3% while most loan approvals remain stringent, states CNBC.
Southern California Doesn't Skip A Beat
Amid the current pandemic and social climate, Southern California saw more than 10 properties come to market for over $30 million within the past 30 days.
Hamptons Luxury Rental Market Skyrockets
As wealthy city dwellers flee to summer hot spots like the Hamptons, rental prices have soared with rates as high as $600,000 per month for luxury properties.
If you'd like to learn more about our Luxury Division, any of the properties above, or have questions about the market, reach out.