This is the single most impressive absorption rate analysis we’ve published since we first started sharing our numbers in August 2022. Perhaps it was the market anticipating the federal interest rate drop. We’re finally below 5%! Or perhaps things really are just starting to swing in the buyer’s favor. Whatever the case, the dropping absorption […]
Featured image credit: Troutfarm27 Las Vegas’ Area 15 has been inspiring eye-popping, or eye-rolling, depending on who you ask, responses since it opened its doors in 2020. Part arcade, part shopping mall, part immersive art installation, the Instagram-baiting complex has seamlessly integrated itself into the fabric of the Las Vegas tourist scene in a relatively […]
Featured image credit: Gary Minnaert No one wants to hear “I’ll spit on your grave.” But “I’ll sit on your grave?” More than one Hollywood luminary would be happy to oblige. And that’s the underlying theme of Hollywood Forever Cemetery; a place where even death can’t pull the stars from their spotlights. Those interred at […]
Featured image: Soake Pools Everyone wants a home with a swimming pool. It’s one of the most commonly coveted features of prospective homebuyers entering the market. But even in a city with the unparalleled urban sprawl of Los Angeles, yard space can be a hot commodity. If you can fit a swimming pool in your […]
Featured image credit: Mountain High Fighting fire with fire sounds great in the climax of a movie script. But in practice? Not such a hot idea. Just ask any of the countless firefighters battling blazes around Southern California as the 2024 wildfire season begins with a bang. Homes have already been lost; acres of precious […]
Featured image credit: Eric T. Gunther Jagged, snow-ravaged peaks scrape frosty clouds; a steel gray contrast overpowering blue skies. Blankets of deceptively powdery snow, punctuated by puma prints, blanket thick, unyielding slabs of ice. Silence is broken by the cascading rustle of falling ice shards and frozen boulders gaining shudder-inducing inertia. No, we’re not in […]
Featured image credit: Dave Proffer We’ve all heard horror stories of homeownership woe. A flooding upstairs bathroom crashing down into a home’s lower level. The spark of electrical wiring burning down a dream. Unseen black mold contaminating everything it touches. But you’ve heard of nothing quite like what’s happening right now in the coastal community […]
August 2024 was a great month for home buyers according to our absorption rate stats. While it wasn’t one of those months with a near-unanimous pull toward the buyer’s favor, the surges were (mostly) modest. And the drops tended to be much more significant, plunging certain communities into absorption rate depths we haven’t seen in […]
Featured image credit: Warner Brothers We like to dispel the myth that Los Angeles real estate is scary. But in this case, we might have to eat our words. The house from the classic 1982 horror film Poltergeist hit the market just a few weeks ago. And it’s already found its buyer. The single-family home […]
Featured image credit: A Taste of Old Town Monrovia We hope you’re hungry. Because JohnHart is proud to be a sponsor of the 10th annual Taste of Oldtown Monrovia event on Sunday, October 13. And besides bringing our appetite, we’re bringing a heaping helping of community spirit. Historically, the event has been one of the […]
