Compass

San Francisco homes are selling for over $1 million above asking price due to an AI boom driving increased wealth and competitive bidding. A Compass analysis found 140 homes sold with this price gap in the first half of 2026, including 44 in June alone.

San Francisco's AI boom has led to homes selling for over $1 million above asking price, with 140 sales in the first half of 2026, including 44 in June alone, according to a Compass analysis.

San Francisco's AI boom has led to homes selling for over $1 million above asking prices, with 140 such sales in the first half of 2026. A Compass report highlights widespread overbidding in the city's scarce housing market.

California's K-12 schools face a 'catastrophic' budget cut to the Compass program, which provides free online research materials like Encyclopedia Britannica and New York Times. The $5.5 million cancellation, effective July 1, 2027, will impact 10,000 schools and students, particularly in low-income districts unable to afford individual subscriptions.

Compass Inc., now the world’s largest residential real estate brokerage, has expanded in Charlotte by partnering with Monarch Group, which added 21 agents as independent contractors. Monarch Group, founded by Angie Castro in January 2024, previously operated independently in Mecklenburg County and the greater Charlotte region.

California school librarians were surprised by a last-minute budget cut that cancels $5.5 million funding for online research materials, including Encyclopedia Britannica and New York Times, impacting 10,000 public schools. The Compass program, which provides vetted educational resources, faces termination by 2027, raising concerns about student access to reliable information and privacy risks from unvetted online sources.

California’s state budget cut $5.5 million for school libraries, eliminating access to online research materials like Encyclopedia Britannica, New York Times, and PBS videos. The last-minute decision, effective July 1, 2027, stunned librarians and risks leaving students without vetted resources, particularly in schools with limited librarian staffing.

Latin America's IPO market is reviving in 2026, with Brazil's Compass raising R$3.2bn in its first stock-market listing in nearly five years. A major bank anticipates around 10 share offerings on Brazil’s exchange this year.

Elon Musk and Mark Zuckerberg used mortgages to purchase multimillion-dollar properties, allowing them to keep capital invested in other assets. Financial experts highlight benefits like leveraging low interest rates, tax deductions, and optimizing liquidity by avoiding cash outflows for real estate.

Bradesco BBI expects a rebound in Brazil's IPO market after Compass' debut. The Brasil Bolsa Balcao stock exchange is located in Sao Paulo. This indicates a potential increase in initial public offerings in Brazil.

Compass has broken a 5-year IPO drought in Brazil with a $650 million offer, amidst a positive outlook for the Brazilian real currency. The real was one of the best-performing currencies in emerging markets in August. Traders are awaiting interest rate cuts, following minimal impact from the U.S. trade war.

Andy Burnham, Greater Manchester mayor, sparked Labour anger by appearing at a progressive rally alongside Green and Liberal Democrat figures, undermining local election campaign message. He will speak at the Change:Now event organised by Compass. This move has accused him of challenging Keir Starmer for Labour leadership.