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. […]
Some people have no clue about their home’s value. Others methodically scrutinize and analyze, but still end up with doubts. And still there are those who fully trust one figure, say a property assessment, only to list their home and find that the market doesn’t quite agree. There are so many moving factors involved with […]
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 […]
In a rapidly transforming real estate landscape, there’s really only one rule you can count on with certainty: anything is possible. This group of agents turned unpredictability into an art form over our 3rd quarter. No one could think on their feet quite like them. Don’t take our word for it; their numbers prove it. […]
Imagine rushing out to your car in the early hours of the morning, the workday looming ahead of you. You toss your jacket and belongings in the passenger seat, flop down in front of the wheel, crank the ignition and… you’re met with a sound similar to a jet plane firing up its engines. But […]
Featured image photo credit: Warner Bros. Pictures If you keep up with the film industry, you might feel like you’re in purgatory lately. That’s because behind-the-scenes gossip of Olivia Wilde’s latest directorial offering Don’t Worry Darling has dominated the headlines for months. With the film finally hitting theaters last weekend, you’d think the stories would […]
It seems like the opening of the Lucas Museum of Narrative Art is still far, far away. If you couldn’t believe that the $1-billion museum was coming to Los Angeles before, its two-year delay should make it real. After all, this city is known for its delayed plans. The massive museum, currently in the midst […]
Featured photo credit: Crafty In our second edition of Los Angeles Architecture 101, we ask ourselves: “Where do you go from Googie?” And after the fast-paced, forward-thinking, white-knuckle progress of Googie architecture, we feel like you’re ready for something completely different. So, we’re trading the neon arrows and retrofuturism for a design classic that prioritizes […]
Long before selfies, Los Angeles was obsessed with capturing itself on camera. And no one knows how to use a camera like the people of LA. The great Los Angeles movie has been made time and time again. Sometimes, it’s practically a copy of a copy. But nearly a century after the first motion pictures […]
Ideally, we’d like to work in a real estate industry in which everybody wins. Easier said than done. But contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably […]
