We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with […]
Category: Industry
What Makes a House a Mansion Anyway?
Featured image credit: Stan Shebs Living in the entertainment capital of the planet, we have our fair share of mansions in LA. And we mean mansions by every definition. Obviously, the word “mansion” more or less means something. But the details change slightly depending on who you ask. So what makes a house a mansion? […]
Allegations of Unethical House Flippers Prompt Call for Regulations
Nonprofit media organization ProRepublica recently published a piece drawing attention to disturbing allegations against one of the biggest corporate house flippers in the industry. Their journalistic scrutiny brings to light several tales of the unethical, bordering on horror. It’s demanding a distinction between service and abuse; two completely disparate concepts with a surprisingly blurry line […]
JohnHart’s 12 Skills for Exponential Growth in Real Estate – Skill #7: Deep Work
We’re already over halfway through our series on JohnHart’s 12 Skills for Exponential Growth in Real Estate! So, with Skill #7, it’s time to go deep. Deep focus, deep determination… deep results. Our CEO, founder, and principal broker Harout Keuroghlian is a proud proponent of a concept called “deep work.” Popularized by author and computer […]
Absorption Rate Analysis: April 2023 – Strong Enough Housing Inventory to Move Toward Buyer’s Favor
Even in absorption rate analysis, what goes up must come down. It just seems that someone forgot to tell a couple of our neighborhoods. But after a March when we watched every neighborhood we service surge deeper into the seller’s favor, the scales seem to be balancing again. All but two of our neighborhoods dropped […]
Real Estate Marketing with Instagram
With over 2 billion active monthly users, Instagram is one of the largest social media platforms out there. Real estate marketing with Instagram has helped many agents skyrocket to success with virtually no marketing budget. With that being said, any agent looking to be triumphant in this market had better get their Instagram game on […]
Fractional Ownership Stands to Change the Luxury Real Estate Market. Is That a Good Thing?
While some people are struggling to get housing loans for their first homes, a somewhat new business model is taking some strain out of the price on a second home. That’s great news for those in the luxury home market. Yet, neighbors of these definitely-not-a-timeshare properties aren’t quite as thrilled. It’s called fractional ownership. And […]
JohnHart’s 12 Skills for Exponential Growth in Real Estate – Skill #6: Asking Good Questions
At JohnHart Real Estate, our staff and agents alike have become accustomed to unusual questions. We ask a lot of questions. And, thanks to our CEO, founder, and principal broker Harout Keuroghlian, we also receive plenty of them too. One of Harout’s classic questions consistently draws blank stares from new recruits: “Do you know enough […]
Los Angeles Home Spotlight: The O’Neill House Isn’t Like Other Beverly Hills Homes
Featured image credit: Edwards Design Group, Inc. With the majority of Beverly Hills homes adopting a neoclassical aesthetic, the neighborhood is lovely to say the least. It’s just not often surprising. Of course, there are a few exceptions proving the rule. For example, the Spadena witch house, which we covered in a Los Angeles home […]
Absorption Rate Analysis: March 2023 – All Neighborhoods Move Deeper Into Seller’s Territory for the First Time
By now, 8 months into publicly releasing our absorption rate data, we’ve become pretty accustomed to the Greater Los Angeles area favoring the seller. But this is the first time we’ve seen every neighborhood we monitor move deeper into a seller’s market. So, if you’ve been thinking about selling your home, now might be a […]