Absorption Rate Analysis – September 2023: Things Look Up for Buyers as Absorption Rates Sink Down

Temperatures in SoCal may be about to rise again, but September was, appropriately enough, all about the fall. And we’re not talking about changing seasons. With the exception of two of our neighborhoods, all areas dropped closer to a buyer’s market this month or simply treaded water. And of the two that moved further into […]

YIMBY Movement Gains Ground in California While the War Rages On

No, the average Californian doesn’t place an overly inflated importance on their backyard. But if you’ve heard terms like NIMBY or YIMBY, you’d be forgiven for having that impression. These words are simple enough acronyms. NIMBY, the original, stands for “Not In My BackYard.” Therefore, YIMBY, the NIMBY’s arch nemesis, obviously stands for “Yes In […]

JohnHart’s 12 Skills for Exponential Growth in Real Estate: Skill #9 – Storytelling

Don’t see how storytelling relates to real estate? In what has widely been decried as one of the worst endings in television history, Game of Thrones explained away its conflicts when a main character resolutely proclaimed:  “What unites people? Armies? Gold? Flags? Stories. There’s nothing in the world more powerful than a good story. Nothing […]

JohnHart Real Estate Vows to Bring a Higher Quality of Service to Palm Springs Real Estate

The real estate industry in Palm Springs is broken. At least that’s the fervent belief of Harout Keuroghlian, CEO, founder, and principal broker of JohnHart Real Estate whose Palm Springs branch on Palm Canyon Drive has set its Grand Opening for October 13. The company’s agents have been helping clients buy and sell homes all […]

Win an Hour with a Top Producer This Thursday at the Women’s Council of REALTORS® Annual Auction

At JohnHart, we’ve always recognized that, for any real estate agent, ongoing development is crucial to success. That’s why we’re thrilled whenever we see organizations promoting opportunities for growth within the competitive real estate industry. Such an opportunity is quickly approaching this Thursday evening. The Women’s Council of REALTORS® is hosting their annual Top Producer […]

Absorption Rate Analysis August 2023: A Low Drama Month to Follow a High Drama Year

After a few months of drama, it seems the summer’s absorption rates are going into the fall with a whimper instead of a bang. No record highs for any neighborhoods. No lows either. Compared to previous months, the shifts in position were modest with the exception of one desert community. Can you guess which one? […]

Recent Disturbing Accusations Contrast Against LA’s Housing Supply Challenges

Housing supply, or lack thereof, continues to be a hot topic across the state of California. That’s why a recent story, cracked by Robin Urevich of Capital & Main and Gabriel Sandoval of ProPublica, is so unsettling. It’s compounded by another disturbing story highlighted by C.C. de Vere for Empty Los Angeles. At first, they […]

Absorption Rate Analysis: July 2023 is Dropping It Like It’s Hot… Because It Is

Leave it to the hottest month on record to deliver a breath of fresh air to Southern California homebuyers. While it’s not exactly unanimous, 10 of the 12 neighborhoods we monitor dropped closer to a buyer’s favor. And we’re not talking about minor drops in most cases. One neighborhood even sank a surprising 18 percentage […]