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November 2025

This Month's Spotlight:

Meet Nicole & Ryan: The Heart and Hands of Hobbs Modern

What is your claim to fame?:

Hobbs Modern is known for curating rare and exceptional pieces from the golden age of Mid-Century design. We focus on works that are historically significant — spanning from the late 1940's through1960's — by designers whose vision helped define modern living. Every piece is restored in-house to an impeccable standard, preserving both its craftsmanship and its soul. We ship internationally and have clients as far afield as Singapore, Monacco and the Greek Isles.  

What inspired you to pursue your current path or launch your brand/business?:

Hobbs Modern began as a love story—ours, and one with the era itself. We started with nothing but curiosity and a shared passion for beautiful things, spending weekends hunting down forgotten pieces and giving them new life. What began with upcycled Craigslist finds slowly turned into an obsession with mid-century design—the lines, the craftsmanship, the vision of the designers who shaped it all. Somewhere between sanding, staining, and late nights dreaming about what could be, Hobbs Modern was born.

 

How does your background or personal experience influence the way you work or create?:

Our backgrounds couldn’t be more different, but that’s what makes Hobbs Modern work. Ryan spent years as an educator, which shows up in his curiosity and his constant drive to learn. Between his self-taught restoration skills and guidance from a mentor in the trade, he’s become a master at finding the hidden gems—those rare, forgotten pieces waiting to be brought back to life. Nicole brings the storytelling. She’s a natural conversationalist with an instinct for connection, which makes her the perfect face of the company. Whether she’s working with a client or a trade partner, she has a way of making people feel part of the story behind each piece.  

 

What’s one philosophy, habit, or mindset you live by—professionally or personally?:

We’ve learned that ideas don’t matter without action. Hobbs Modern exists because we acted—again and again—before we had it all figured out. We built our business on instinct—on saying yes before we had a plan and trusting that passion would carry us through. When something inspires us, we move. Whether it’s discovering a forgotten piece or taking on a restoration challenge that scares us a little, we believe momentum creates opportunity. It’s how we’ve grown, how we’ve learned, and how we’ve built everything we love. That rhythm of curiosity and courage has shaped everything we’ve created together. It’s about honoring the past and letting the love for what we do lead the way.  

 

What are three things you’re currently loving—whether it’s a product, place, or practice?:

We’re loving the little things right now—The shift in the air as fall approaches always brings a sense of calm and coziness. Whenever we can sneak away, the Ace Hotel in Palm Springs is our go-to for a quick family reset—sun, coke floats, and just the right amount of nostalgia. The mushroom flan at Ciccia Osteria in Bario Logan and the crazy perfect flavours of ice cream at Stella Jeans'.  

 

Any favorite local spots or hidden gems you swear by?:

Our local coffee shop, Scrimshaw, has the best vibes, coffee and delicious breakfast sandwiches. We love Izola, the bakery that always knocks us out with their sourdough, Bibimbap croissants, Swamis and La Jolla shores for endless summer days and perfect sunsets. No week in San Diego can begin without a spray of happy wild flowers at Native Poppy.  

Follow Hobbs Modern on Instagram.

WHAT'S HOT...

Some homes just have that look. I pulled together a few that caught my eye in Los Angeles and La Jolla

—different styles, great design from various agents.

These are current listings on the market. Could one of these be your next home? Enjoy! 

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If any stand out, I’d be happy to help you explore further and get you one step closer to your dream home.  

(click on photos for the Collections)

How's the market? Check out this video: 

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In this week’s Compass Intelligence Weekly, Chief Economist Mike Simonsen breaks down the latest housing market data.

 

What to Expect for the Housing Market for the Rest of 2025

Here is this week's housing data!

As we head into the final stretch of 2025, the US housing market remains a story of extremes. Home sales have been climbing steadily, but home prices are softening nationwide.

 

We still have a two-tier market: 19 states are back to 2019 inventory levels, while 31 states still have far less supply. Even in those tight-inventory markets, the pace of price growth is declining.

 

Here is what the latest real-time data is telling us:

 

Price Signals: The median price of new contracts is $399,000, unchanged from last week and about 2% above last year. However, a key leading indicator-the median asking price per square foot-is now nearly 1% below last year. This is the first leading indicator to print below 2024, suggesting consistently weaker future sales prices.

 

Inventory: The seasonal decline has begun. Available inventory of single-family homes fell 1.25% in the final week of October to 857,000. While this is 16% more homes than a year ago, the significant 30% year-over-year growth is behind us.

 

New Listings: We are not seeing a rush of sellers. The pace of new listings is averaging 61,000 per week, which is below the pre-pandemic "normal" for October. Potential sellers holding back is keeping a cap on supply growth.

 

Sales are slightly positive: The market averaged about 2-3% more home sales contracts in October than last year. Year-to-date, the cumulative number of sales contracts is now 0.5% ahead of 2024.

 

The takeaway is that even as sales volumes have finally inched ahead of last year, home prices are softening. We could see more negative price headlines by the end of the year.

Here's your Market Update Flip Book: 

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"More Than a Realtor. Your Real Estate Insider."
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Laura Pardini | Compass

Serving; L.A. | La Jolla | Coastal Cities

Broker Associate | DRE#01066709 

 

​Follow Laura on Instagram

 

Your referrals to friends and family are the greatest compliment I can receive.If you or someone you know needs a trusted real estate expert—locally or anywhere nationwide—don’t hesitate to reach out!

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"Need a Realtor Anywhere in the U.S.? I’ve Got You Covered."

Disclaimer

 

Laura Pardini and Compass shall be held harmless from any liability arising from the use or reliance on the information contained on this site.​

Corporate Responsibility, Privacy & Legal Notices: Compass is a licensed real estate broker. Compass is licensed to do business as: Compass in California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, New Jersey, New York, North Carolina, Rhode Island, Texas, Virginia, and Washington; Compass RE in Delaware, Idaho, Pennsylvania and Tennessee; Compass Real Estate in Washington, DC, Maine, New Hampshire, Vermont, and Wyoming; Compass Realty Group in Missouri and Kansas; Launch Powered by Compass in Arizona; and Compass Carolinas, LLC in South Carolina. California License # 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity. © Compass 2025. 212-913-9058.​

 

The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2020 Real Estate Co. All Rights Reserved.


Every effort has been made to curate resources known for their strong track record and reputation. However, the information provided is subject to potential errors, omissions, or changes, and no warranty of any kind is offered. While these resources aim to deliver quality service, individual experiences may vary. It is strongly recommended to exercise caution, conduct thorough due diligence, and request and verify references before proceeding.

© 2025  Proprietary and Confidential – For Internal Use Only. This material is proprietary and confidential. It may not be reproduced, distributed, or used in any manner without the express written permission of Laura Pardini. Unauthorized use or distribution is strictly prohibited and may result in legal action and financial liability.

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