We’re excited to be a sponsor for the community pool opening in Alamo Creek this Saturday, May 13th from 1 pm – 5 pm.
If you live in the community, come stop by and see us!
We will be giving out FREE Italian Ice from Mustache Mike’s, favor bags, and raffles.
We hope to see you there!
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$1 trillion came out of regional lenders/banking systems over the past few months. That is a lot of lost lending power. (CNBC)
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Air fares are rising at more than twice the rate of inflation, as carriers cash in on soaring demand for travel that has defied broader economic headwinds. Average ticket prices on more than 600 of the world’s most popular routes rose at an annual rate of 27.4% in February. Maybe we will remember this next time the airlines need a bailout. Or will we forget, again? Out of the $54 billion in taxpayer money gifted to airlines during COVID, only about half has to be repaid. (FT)
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The proportion of newly built homes reached nearly 35% in December 2022, a record in data going back to mid-1982 and up from a historical norm of 10% to 20%. This should indicate to anyone that the ONLY path towards meeting demand AND keeping prices from soaring (artificially) is to build more, LOTS more! (WSJ)
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Commercial rent-flation? Average life-sciences rents were about $65/sf in the first quarter of 2023, up from about $40/sf in the first quarter of 2020, which is a 62.5% increase in 3 years. (PS: maybe this helps partially explain why drug prices are so high?) Now – shockingly – vacancy rates are rising. (WSJ)
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The 10-year US treasury dropped to 3.43%: It was 3.23% in November 2018. Fixed-rate mortgages are tied to the 10-year Treasury rate. (CNBC)
The 17 Most Beautiful Starbucks Stores Around the World
Yes, there are beautiful Starbucks around the world. What makes a beautiful Starbucks? On particularly sleep-deprived mornings, perhaps just the sight of an espresso machine is enough to declare any of the coffee house’s locations breathtaking. Even though this can certainly be true, some of the brand’s shops deserve special aesthetic praise. Spread across the globe, these stores offer more than just a cup of coffee—they’re also an immersive architectural experience.
COMPASS Catch
669 Old Stone Highway, Amagansett, NY
7 Bed | 8 Bath | 2 Half Bath | $11,495,000 | Evan Kulman, Susan Harrison and Kulman Harrison Team
Indulge in the ultimate luxury living experience in this stunning newly constructed home nestled in the heart of Amagansett. An architectural masterpiece by RTB Design, and impeccably executed by Shoshi Builders, this three-floor home boasts breathtaking views of rolling farmland, the South Fork Country Club, and the majestic Atlantic Ocean.
3107 Pleasant Run Place, Austin, TX
4 Bed | 4.5 Bath | $2,975,000 | Robin Banister
This Tarrytown residence combines the best of both worlds, pairing a carefree, on-the-go lifestyle with high-end finishes, refined sophistication, and privacy. The cul-de-sac locale with gorgeous oak trees is tucked away, comprising an exclusive enclave of just five homes. Live only ten minutes from Downtown Austin.
11 Southgate Drive, Woodside, CA
4 Bed | 3 Bath | 2 Half Bath | $10,998,000 | Granoski | Weil & Associates and Nick Granoski
This classic estate, built in 1929 as the original owner’s summer retreat, combines timeless design and luxury in a private setting with unmatched views of the Woodside hills, the sparkling Bay Area, and beyond. Designed by renowned architect Ernest Coxhead, this magnificent Spanish colonial home once featured in Architectural Digest magazine, blends its early 20th-century legacy with modern luxury to create a sophisticated estate for living and entertaining.
5820 West Lilac Road, Bonsall, CA
3 Bed | 5 Bath | $75,000,000 | Caren Kelley
Ocean Breeze Ranch is the most spectacular ranch and land holding in coastal Southern California! Located just ten miles from the Pacific Ocean, this stunningly beautiful 1,400-acre property includes miles of rich river valley land, gentle uplands, and lush green pastures fed by abundant well water.
Wishing you a great day ahead, may you achieve whatever you have planned for today.
Thanks for reading!
Don’t hesitate to reach out if you have any other questions.
Have a fantastic week!
Best,
Joujou
