February’s come and gone and we have to say it wasn’t quite the expected mad dash deeper into seller’s territory. Typically, when we see a nearly unanimous drop toward the buyer’s favor like what we witnessed in January, it’s just the beginning of the slingshot being pulled back. The next month is almost always a […]
We’ve come to expect lower absorption rates in January, but January 2024 more than understood the assignment. All except one neighborhood dropped further into the buyer’s favor. One dropped further toward the buyer’s favor than we’ve ever seen in a single month. Another has officially camped out at the threshold of the universally accepted buyer’s […]
Originally published on April 25, 2023 Several weeks ago, some of you received an email from your JohnHart agent about a promising new housing loans initiative. Dubbed the California Dream For All Shared Appreciation Loan, it sought to level the playing field for disadvantaged Californians with aspirations of homeownership. Yet, less than two weeks later, […]
If you missed JohnHart’s {RE}VOLUTION event yesterday, you’ll likely be hearing some of our plans trickling out to the public over the weeks. One of the most hotly discussed topics after the presentation was the introduction of JohnHart’s and Golden Coast Finance’s AMLO℠: a plan that would see qualifying agents potentially multiply their commissions while […]
It seems like yesterday that we announced the Top 25 Agents of Q3, and yet here we are again. The final quarter of 2023 closed and the professionals who battled through arguably the toughest quarter to claim their rightful spot in JohnHart’s own hall of fame now stand before us. You’d think Q4 seemed like […]
It’s that time of year again at JohnHart; a time when one real estate agent is elevated by their peers to heights we’ve already known they’ve attained, but were just too humble to admit it. We won’t say it’s a time when transactions don’t matter, but maybe a time when they’re not all that matter. […]
As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything […]
Before we started writing our regular JohnHart 12 Skills for Exponential Growth in Real Estate column, our CEO, Founder, and Principal Broker, Harout Keuroghlian, wrote an insightful and exploratory blog on the power of influence. While the practice of influencing hasn’t changed since that blog was published, its importance in real estate has stirred up […]
Last month, we talked about the calm before the storm. Well, we wouldn’t ring the alarms just yet, but November gave us a bit more drama than October with some decent rises and falls across the Greater Los Angeles area. It’s a surprising amount of absorption rate activity for a time when the market is […]
Have you seen the news? Wall-to-wall headlines about the big housing market crash headed your way. You’d think it was a confirmed fact! As the CEO and founder of my own real estate brokerage, and an expert who’s been successfully working in the real estate industry for decades, I have news for you. There will […]
