Spotlight

Market Update | July 1st

Jon Granston | July 10, 2025

Filtering through this weeks headlines...

Top Headlines: Delivered by Advisory | Leonard Steinberg

July 1, 2025

01 Compass: The #1 Brokerage

San Diego

Over the past 12 months, Compass agents have represented roughly 30% of all buyer and seller activity. As an example, in Cardiff and Encinitas, they closed approximately 150 detached home transactions over $2M. The next closest brokerage? Just 50 units.

(Trendgraphix)

02 Start where you are. Use what you have. Do what you can.

– Arthur Ashe

03 Of all industries, Real estate and rental and leasing grew the most in the first quarter of 2025 in real GDP.

04 Surf’s holding around 2 ft with semi-glassy mornings and a bit more chop midday, thanks to light WNW–W winds under 10 mph. A long-period SSW swell (13–17 s) rounds through, pushing surf to 2–4 ft by Thursday, especially at open‐facing breaks like Swami’s and D‑Street.

(SurfCaptain)

05 Might agents get a new tax break on their luxury cars used to ferry around clients? A $10,000 tax deduction on auto loan interest as part of the new tax bill being debated would likely require buying a luxury car that cost $130,000 or more to get the maximum benefit.

06 Superwood?

A new product called Superwood could someday replace steel I-beams in the skeleton of a building, while being impact-resistant enough for bulletproof doors. It’s also fire resistant—the outside carbonizes in a way that protects the inside, and it won’t sag in a fire like steel.

(WSJ)

07 GOODONYA is a vibrant, all‑organic café & eatery on the 101 in Encinitas, spotlighting scratch‑made goodness—think grass‑fed Wagyu smash burgers, hot honey fried chicken, nourishing bone broth, cold‑pressed juices, and rich, house‑made nut milks for their espresso bar.

The casual, health‑focused spot offers generous portions and gluten‑reduced options, plus a kids’ menu—all served in a lively, community‑oriented space with patio seating and a laid‑back vibe . Whether you’re in for a morning latte or a late lunch, GOODONYA delivers clean, flavorful food that reflects its organic, real‑food ethos.

goodonyaorganic.restaurant