DID YOU KNOW? The total net worth of U.S. households rose by 1.9% or $2.07 trillion in the third quarter of 2018 to $109.04 trillion, as higher property and stock prices boosted the wealth of Americans. These figures released by the Federal Reserve are before the 4th quarter's equity market swoon. Household debt also increased at a 3.4% seasonally adjusted annual rate, up from a 2.9% rate in the second quarter. (WSJ)
DID YOU KNOW? Apple will invest $1 billion in a new campus in Austin, Texas: The 133-acre campus will be located in North Austin and will accommodate an initial 5,000 employees, with capacity for 15,000 employees in total. Apple also announced plans to open new sites in Seattle, San Diego and Culver City, California over the next three years. Apple plans to invest $10 billion in U.S. data centers over the next 5 years, including $4.5 billion this year and next. (CNBC)
DID YOU KNOW? Globally more than 150 homes sold for more than $25 million each in the past year till end August 2018: The global ultra-prime housing market is strong. These 153 sales accounted for a combined $6.6 billion that each sold for more than $25 million. Hong Kong lead with 47 homes priced at $25m or above changing hands. New York was 2nd with 39. London slipped to 3rd place with 38 transactions. (Guardian)
Neighbors Helping Neighbors
Laguna Food Pantry Celebrates 25th Anniversary
For 25 years, Laguna Food Pantry has served the community and now provides free, fresh groceries to more than 400 Orange County households each week—that’s 80 to 100 individuals or families per day.
Laguna Beach Winter Fantasy - Sawdust Art Festival
Winter Fantasy features 175 artists and makers, three stages of live music and entertainment, thousands of lights and decorations, glassblowing and art demos, hands-on pottery wheel and art classes, falling snow and holiday photo-ops with Santa, outdoor eateries and cafes, festive saloon offerings, and so much more!
We are looking forward to another favorite time in Newport Harbor and invite you to save December 19-23 on your calendar for the 110th Newport Beach Christmas Boat Parade. The above picture is a picture from last year of my favorite boat…. I wonder what theme will be my favorite this year.
This spectacular Emerald Bay oceanfront residence features panoramic views of the ocean, sunsets, and crashing whitewater below from its dramatic cliff top setting. Occupying one of the largest parcels in Emerald Bay with nearly 100’ of ocean frontage, the residence is positioned to capture dazzling views from every major room. The unique topography of the lot gently descends toward the water’s edge, with spacious terraces and gardens as well as a private spa overlooking the cove. Through a private gate, the waters of the cove below are easily accessed. The home is a warm blend of contemporary design with dramatic volume (near to 20’ in some locations) and walls of glass opening to the vistas. Click here to view listing.
5 BR I 5 BA I 2 HBA I 7,078 SQFT.
62 Emerald Bay
Just steps to Emerald Bay's private south end beach, this spectacular ocean view residence offers a warm and serene coastal setting while taking in the spectacular sounds and sites of the crashing waves. This traditional 3 bedroom and 3.5 bath home has high ceilings with a highly desirable and functional layout. The thoughtfully arranged indoor and outdoor spaces provide spectacular views and areas of privacy.
3 BD I 4 BA
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I am passionate about Emerald Bay and my community of Laguna Beach. I understand intimately how the market evolves hill by hill and neighborhood by neighborhood. I love what I do and care profoundly about where I live.
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First impression sets the tone of the listing. How the property is furnished and the feeling you have learning about the property and then arriving at the property is vital. I am hands on from conception to closing.
Compass is changing your real estate landscape. Two years ago I recognized the vision of this company and am proud to be a founding agent of Compass. Join me in changing the landscape of real estate.
Work With Maura
Maura Short is known for her strong work ethic, broad industry know-how, and passion for architecture, in addition to her extensive network, confidentiality, and moral code. Combined with her wide-ranging local expertise, all of these assets result in favorable outcomes for both buyers and sellers under her care.