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 […]

Waking Up to the Reality of the California Dream For All Program

Originally published on April 25, 2023 Several weeks ago, some of you received an email from your JohnHart agent about a promising new housing loans initiative. Dubbed the California Dream For All Shared Appreciation Loan, it sought to level the playing field for disadvantaged Californians with aspirations of homeownership. Yet, less than two weeks later, […]

LA Home Spotlight: Tony Duquette Sculpted Exotic Dreams in Dawnridge

Featured image credit: Hollywood Unwrapped You don’t have to be a Hollywood insider to recognize the name Tony Duquette. Throughout the 1940s and ‘50s, he elevated set decoration to an art form with his “more is more” approach. It earned him a great deal of admirers, some well-positioned friends, and, it would seem, a small […]

The Downtown Chocolate Shop Los Angeles Historians Love is Short on Sweets… But Big on Vision

Featured image credit: Omgivning Perhaps as a deeply inadequate escape from the stresses of the first World War, hot chocolate was all the rage in Los Angeles in 1914. Through this fad, new life was etched into the very walls of a formerly non-descript four-story building that remains standing today at 217 West 6th Street. […]

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 […]