We’re ending JohnHart’s 12 Skills for Exponential Growth in Real Estate series strong with the often misunderstood art, or should we say science, of persuasion. Persuading others is an integral skill that transcends a profession in real estate. And it’s easy to confuse it with influencing, the skill we previously explored in this series. While […]
Harout Keuroghlian
Absorption Rate Analysis – February 2024: Not the Expected Slingshot Into Seller’s Territory
February’s come and gone and we have to say it wasn’t quite the expected mad dash deeper into seller’s territory. Typically, when we see a nearly unanimous drop toward the buyer’s favor like what we witnessed in January, it’s just the beginning of the slingshot being pulled back. The next month is almost always a […]
Absorption Rate Analysis: January 2024 Brings a Late Holiday Gift for Buyers
We’ve come to expect lower absorption rates in January, but January 2024 more than understood the assignment. All except one neighborhood dropped further into the buyer’s favor. One dropped further toward the buyer’s favor than we’ve ever seen in a single month. Another has officially camped out at the threshold of the universally accepted buyer’s […]
Absorption Rate Analysis: December 2023 – Secretly Good News for Buyers?
As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything […]
JohnHart’s 12 Skills for Exponential Growth in Real Estate: Skill #11 – Influencing
Before we started writing our regular JohnHart 12 Skills for Exponential Growth in Real Estate column, our CEO, Founder, and Principal Broker, Harout Keuroghlian, wrote an insightful and exploratory blog on the power of influence. While the practice of influencing hasn’t changed since that blog was published, its importance in real estate has stirred up […]
Absorption Rate Analysis – November 2023: Significant Jumps and Drops Bring an Unusual End to Autumn
Last month, we talked about the calm before the storm. Well, we wouldn’t ring the alarms just yet, but November gave us a bit more drama than October with some decent rises and falls across the Greater Los Angeles area. It’s a surprising amount of absorption rate activity for a time when the market is […]
The Housing Market is NOT Going to Crash – Here Are 9 Reasons Why
Have you seen the news? Wall-to-wall headlines about the big housing market crash headed your way. You’d think it was a confirmed fact! As the CEO and founder of my own real estate brokerage, and an expert who’s been successfully working in the real estate industry for decades, I have news for you. There will […]
JohnHart’s Skills for Exponential Growth in Real Estate: Skill #10 – Daily Reading
Now that we understand that the storyteller is the most powerful person in the world, how can we use some of that same juice to expand our minds? By feeding stories (or information) to ourselves through daily reading. Whether you’re reading fiction or non-fiction, eBooks or physical media, newspapers or blogs, regular reading is a […]
Absorption Rate Analysis – October 2023: The Calm Before the Storm?
While the real estate industry is still reeling from a federal jury’s decision to rule against the National Association of Realtors, October’s absorption rates may be feeling like the calm before the storm. There may be candy wrappers blowing gently off the streets on November 1. But October brought no tricks or treats to the […]
Absorption Rate Analysis – September 2023: Things Look Up for Buyers as Absorption Rates Sink Down
Temperatures in SoCal may be about to rise again, but September was, appropriately enough, all about the fall. And we’re not talking about changing seasons. With the exception of two of our neighborhoods, all areas dropped closer to a buyer’s market this month or simply treaded water. And of the two that moved further into […]