Absorption Rate Analysis: October 2022 Brings Big Changes to Houses for Sale in LA

You only need to glance at our Absorption Rate Analysis chart for October to see it was a month that brought big changes. For as long as we’ve been officially tracking absorption rates, we’ve seen almost unanimous movement toward a seller’s market. But for the first time, we actually saw all areas except one drop […]

Vin Scully’s $15M Home is a Bit Different Than Other Houses for Sale in Los Angeles

Featured image credit: Estate Photos LA It’s been a rough year for Dodgers fans. They made it through just 4 of the National League Division Series championship games before their season met its end. It wasn’t the conclusion fans envisioned earlier this year as the team won a staggering 11 games, edging out the franchise […]

Get Spooked by the Best Halloween Yard Displays and Walk-Throughs in the LA Area

Feature image credit: Southern California Haunt List (VanOaks Cemetery) No matter how you slice it, Los Angeles is a city that loves Halloween. Maybe it’s the series of interconnected neighborhoods, each proffering their own communal take on the Halloween spirit. Or perhaps it’s the industry insiders concocting some of the most creative amateur haunted walk-throughs […]

What’s the Difference Between a Buyer’s Market and Seller’s Market?

Last week, we discussed our latest absorption rate statistics and how they are indicative of a seller’s market. Likely, some of you asked yourself, “What is a seller’s market?” And by comparison, you may have also wondered what defines a buyer’s market.  Recognizing the difference can be key in planning your buying or selling strategy. […]

Absorption Rate Analysis: September 2022 (Mostly) Leans Harder Into a Seller’s Market

Has it already been a month since our last absorption rate roundup? September’s numbers are in and we’re seeing most neighborhoods trending upward with higher absorption rates than August. If we’re using the universally accepted 20% indicator of a healthy seller’s market, then every neighborhood but one is still a seller’s market. But as our […]