The average 30-year fixed mortgage rate increased 14 basis points to 3.69% last week, its highest point since the first week of 2020. The US economy - and inflation - is over-heating and higher interest rates are designed to reduce demand and moderate unsustainable asset price escalation, a global issue. (Barrons)
Nationally, $1.21 trillion worth of property sold in the U.S. in 2021, dwarfing the $1.17 trillion recorded in 2006 and $1 trillion in 2007 in the two years leading up to the Great Recession. In 2021, existing-home sales totaled 6.12 million – an increase of 8.5% from the prior year and the highest annual level since 2006. (CORELOGIC)
Some call it the GREAT RESIGNATION, but others call it the GREAT RETHINK: Covid has caused millions to shift careers and align themselves with companies and work that align more fully with their likes and values. When our very life feels under threat, we accelerate how we think about our purpose and the work we do while still on planet earth.
A recent report from Vacasa found that 46% of prospective second-home buyers were looking to generate income through the property they purchase, up from 32% of these buyers in 2019. (Marketwatch)
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2 Bed | 2 Bath | $1,249,000 | Compass Listing
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Highly desirable end-unit perfectly positioned on third fairway of coveted Crow Canyon Country Club, offering the ultimate lifestyle living! Features include gorgeous hardwood floors, eat-in kitchen with slab granite counters, volume ceilings, gas fireplace, renovated bathrooms, skylights, two-car garage with storage & tankless water heater. Living room and kitchen both open up to beautiful back patio oasis ideal for entertaining or simply enjoying the spectacular views. Large Master Suite includes living/office space and boasts renovated bathroom with spa tub, walk-in closet and skylight.
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5 Bed | 3.5 Bath | $3,495,000 | Compass Listing
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This gorgeous home sits on a cul de sac near the Lafayette Trail and was rebuilt in 2016. You will love the vaulted ceilings, wide-planked hardwood floors, open floor plan, chef's kitchen with Thermador appliances, oversized island and walk-in pantry. The primary suite features a spa-like bathroom with a steam shower and soaking tub, walk-in closet and French doors leading to the serene, secluded backyard. Surrounded by mature redwoods and oaks, the property has something for everyone - large grass area, hot tub, lighted sport court, fire pit, an outdoor kitchen with built-in infrared heat lamps and plenty of space to entertain, play and explore.
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180 Tracy Lane, Alamo, CA 94507
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4 Bed | 5 Bath | $4,500,000 | Compass Listing
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Set on a private and gated drive in Round Hill, this single story masterpiece offers amazing vistas and peaceful living. The residence is exquisitely appointed with hardwood and limestone floors, detailed millwork, volume ceilings and granite fireplaces. Upon entering you are greeted with magical views of the Las Trampas Hills through a wall of oversized French doors. The spacious and open floorplan provides modern comfort and incredible entertainment options. The gourmet kitchen is sure to amaze with a center island, chef appliances, two pantries and an abundance of cabinetry. The adjoining family room is highlighted by a wet bar and large windows to capture the view. The 1.8 acre grounds are meticulously landscaped and include a beautiful pool, outdoor kitchen and many gathering spaces.
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3 Bed | 4+ Bath | $11,200,000 | Compass Listing
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After nearly 4 years in the making, this stunning Vintage Country Club home is complete. This modern masterpiece is a true trophy of design. Grand scale with perfectly appointed taste and sophistication encased in brushed linen colored brick. The indoor/outdoor layout, featuring limestone flooring throughout, maximizes both front and back yard patio space featuring black framed granite fountain and fire features. Open concept actualized with the grand living room and kitchen showcasing crystallo quartz countertops and Luxe Alvic cabinets topped with gorgeous cedar ceilings. A total of 3 bedrooms, 6 bathrooms, office and den are located all on one level. The backyard features a 65 foot pool and spa overlooking the 6th green of the Tom Fazio designed Mountain Course.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.
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