November 9, 2022 Weekly Market Watch with Chris Doucet

Active, sold, and pending inventory is all down from the week prior as a result of the Federal Reserve rate hikes and 20-year high mortgage rates. Days on market decreased as well as the median sold price giving buyers more power and negotiating room in this still competitive market. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money. Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com © Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. marketingcenter-greaterseattle-seattle

November 4, 2022 Weekly Market Watch with Chris Doucet

Active listings and pendings dropped slightly from the week prior, while solds took a larger drop in the market. Days on market also rose from the week prior to 30 days on the Market, while the median sold price rose and median active price remains stable. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money. Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com © Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. marketingcenter-greaterseattle-seattle

October 26, 2022 Weekly Market Watch with Chris Doucet

Sold listings took a drop this week along with the median sold price, however, with the rise in the number of pending listings, the median active list price remains stable along with the active inventory. The days on market have fallen by 2 days from the week prior showing a solid demand in King County remains. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money. Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com © Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. marketingcenter-greaterseattle-seattle

CURATED • OCTOBER 2022 HOMES ACROSS THE STATES WITH CHRIS DOUCET

OCTOBER 2022 Welcome to Compass Curated, a collection of our most prestigious properties across the country, delivered to your inbox each month.

FEATURED PROPERTY 163 E 64th St, Upper East Side, NY View Property

CALIFORNIA East Bay, Greater Los Angeles, Greater Palm Springs, North Bay, Orange County, San Diego, San Francisco, Santa Barbara, Montecito, Central Coast, South Bay Explore California

COLORADO Aspen, Boulder, Denver, Telluride, Snowmass Explore Colorado

CONNECTICUT Greenwich, Darien, New Canaan, Stamford, Westport Explore Connecticut

DELAWARE Greenville, Lewes, DE Beaches Explore Delaware

District of ColumbiA Greater Washington DC Explore DC

FLORIDA Greater Miami, Greater Fort Lauderdale, Greater Palm Beach, Southwest Florida, Central Florida,Tampa Bay, Florida Panhandle, North Florida Explore Florida

GeorgiA Greater Atlanta Explore Georgia

Hawaii Greater Hawaii (Big Island, Kauai, Oahu, Maui) Explore Hawaii

Idaho Idaho Explore Idaho

Illinois Greater Chicago (Chicago, Northwest Suburbs, North Shore, Western Suburbs) Explore Illinois

IndianA Indianapolis Explore Indiana

Kansas Kansas City Explore Kansas

MARYLAND Annapolis, Baltimore, Bethesda, Chevy Chase, Potomac Explore Maryland

Massachusetts Cape Cod and Islands (Cape Cod, Martha's Vineyard and Natucket), Greater Boston Explore Massachusetts

Minnesota Minneapolis Explore Minnesota

Missouri St Louis & Kansas City Explore Missouri

NEW HAMPSHIRE Our most prestigious properties in New Hampshire Explore New Hampshire

New Jersey North Jersey, Southern, Central & Jersey Shore Explore North Jersey

NEW YORK New York City (Manhattan, Brooklyn, Staten Island, Queens), Long Island, The Hamptons, Westchester & Mid Hudson Valley Explore New York

North Carolina Charlotte, Raleigh Explore North Carolina

PennsylvaniA Greater Philadelphia, Pittsburgh Explore Philadelphia

Rhode Island Rhode Island Explore Rhode Island

TennesseE Nashville Explore Tennessee

Texas Austin / San Antonio, Dallas - Fort Worth, Houston Explore Texas

VIRGINIA Central Virginia, North Virginia (Alexandria, Arlington, Ashburn, McLean, Reston and Springfield) Explore Virginia

WASHINGTON Washington Explore Washington

Wisconsin Wisconsin Explore Wisconsin

Wyoming Jackson Hole Explore Wyoming

Stay up to date with our latest luxury listings and news: luxuryatcompass.com

Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter-greaterseattle-seattle

Recalibration Nation

Almost everything around the globe is currently recalibrating, and us impatient, obsessed-by-instant-gratification humans need to recalibrate our expectations on the speed these things take. BIG changes and re-balancing take time. We have been spoiled recently by sharp declines followed by speedy V-shaped recoveries. Often fueled by artificial stimulants. A trip to Starbucks is not the best cure for being sleep deprived. The media monitors every single daily touch-point and broadcasts this to us 365/24/7. And now maybe we all need to take a deep breath and adjust our expectations on the subject of speed....

Think about all the things happening globally as we adjust and re-balance:

1. Overheated home price escalations that we all knew were unrealistic in areas, fueled by super-cheap money, pent up demand, societal shifts, irrational assumptions, massive stimulus that started with tax cuts in 2018, under-building, over-concentration on more expensive homes, etc.

2. Our reliance on fossil fuels is now shifting towards electricity while our current electric supply can barely keep up with demand.

3.  Political shifts fueled by extreme division, shifting voters to opposite ends of the political spectrum.

4.  A global realization that when your energy supply is reliant on corrupt nations you will have a problem sooner or later.

5.  The long, slow evolution into a post Covid world that is not over yet.

6.  Massive shifts in how and where we work and live.

7.  Massive recalibration of our infrastructure to adapt to a new changing world with more extreme weather events, water shortages, growing population, new accelerated growth in unprepared areas, etc.

8.  Growing and manufacturing locally to not only be less reliant on foreign, less reliable entities, but also to cut back on delivery distances and timing. And adjusting to the reality that locally produced costs much more.

9.  An aging population accelerating wealth transfer and retirement.

10.  Growing wealth disparity, crime, homelessness, poor health, etc.

I am scratching the surface. The enormous shifts we are seeing right now have accelerated, our awareness of them is growing and we need to exercise some patience in how we adjust to new normals while we solve these big challenges. And yes, we will resolve them. With time, hard work, innovation, collaboration ....and a lot of patience.

The only thing that can prevent us from emerging from this moment - and it is just a moment when viewed in the context of decades and centuries, not months - is increased division. United we will reap the rewards, divided we will pay the price.