It almost seems insulting at this point to call 2024 a challenging year for the real estate industry. With all of the obstacles real estate professionals needed to worry about outside of their transactions, waking up each morning and grinding onward felt more like trying to administer aid on an active battlefield. We got into […]
Category: Industry
Vote for JohnHart’s Person of the Year 2024!
You’ve already met our Agent of the Year. Now it’s time for you to select our Person of the Year for 2024! Just a reminder, the JohnHart Person of the Year is not Agent of the Year Part 2. It’s a distinct honor unto itself, highlighting the professional who best exemplified JohnHart’s principles. These nominees […]
Absorption Rate Analysis: December 2024 – Things Are Looking Up. Very Up.
A December surge toward the seller’s favor is a holiday tradition in its own right when it comes to our monthly absorption rate analysis. It’s just how the “off-season” works in real estate. A lower volume of homes hitting the market typically tips the scales in the sellers’ favor. In December 2022, only one of […]
When Will We See Interest Rates Dropping Again? Probably Soon. But There’s More to the Story.
It’s still one of the hottest questions in the real estate industry: when will we see interest rates dropping again? Short answer: probably on December 18. The Federal Reserve will be gathering for the Federal Open Market Committee meeting and I am confident that they will announce a modest policy rate reduction to close out […]
Absorption Rate Analysis – November 2024: Four Neighborhoods Start a Significant Trend… Will They Keep It Going?
After October’s near-unanimous surge deeper into the seller’s good graces, it’s no surprise that November offered more divisive absorption rates as neighborhoods evened out. Sure, four neighborhoods started a streak of two consecutive months marching further into seller territory. But we saw seven communities rise higher in the seller’s favor and five drop closer to […]
Absorption Rate Analysis – October 2024: Welcome to the Season of the Sellers
In the realm of real estate absorption rates, it seems that what goes down must come up. At least in the competitive housing market of the Greater Los Angeles area. As we head deeper into the autumn, the sun that shined so brightly on prospective home buyers is slipping behind the clouds, returning favor to […]
Entering the Historic Harris House is Easy. But Leaving? That’s Another Story.
In our line of service, we meet people every day chasing their dreams of homeownership. And often, those dreams aren’t very exacting. A surprising amount of people are in the market for four walls and a roof… anything else is icing on the cake. And there’s nothing wrong with that! But Glendale’s historic Harris House, […]
Here’s Why JohnHart Real Estate is a Hard “No” on California Rent Control Measure Proposition 33
We want to make it abundantly clear. JohnHart Real Estate is a hard “no” on California rent control measure Proposition 33. If you missed our CEO and principal broker’s powerful message on this decision, allow this blog to elaborate on why we so passionately oppose this deceptive measure. California Rent Control as It Currently Stands […]
Putting Down the Los Feliz Murder House
Featured image credit: Netflix For being such a gorgeous, in-demand neighborhood, Los Feliz sure has its shadows. We examined the Sowden House, rumored to be the actual site of the notorious Black Dahlia murders. We explored the ancient curse allegedly levied against Griffith Park. But we’ve yet to discuss the Los Feliz murder house. We […]
Top 25 Agents of Q3 2024
With rates finally dropping and relief setting in for clients and real estate professionals alike, it’s easy to momentarily forget the challenges this industry has endured in the last year. But we dedicate our 3rd quarter results to these 25 real estate agents and teams who pushed through the resistance without any reprieve in sight. […]