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 […]
Category: Industry
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 […]
The Top 25 Agents of Q2 2023
Another quarter down in what no doubt is one of the most challenging years in many agents’ lives! It’s always a sign of hard work and perseverance to end up on this list, but there’s a little something extra to a Top 25 spot earned during famine. Never let anyone question that you’re real estate […]
Absorption Rate Analysis: June 2023 Sees 5 Record Highs
While June’s absorption rate statistics favored surges further into the seller’s market (no shock there), we saw a bit more balance than May’s brutal surge-fest. For one, June’s most aggressive climb was nine percentage points; a far cry from the vicious 15% lunge we saw in Upland in May. Also, while we only witnessed two […]
JohnHart’s 12 Skills for Exponential Growth in Real Estate – Skill #8: Leadership Development
It’s easy to relax into the idea that our CEO, founder, and principal broker, Harout Keuroghlian, is the leader here at JohnHart Real Estate. While that’s true, it’s also an oversimplification. That’s because, by the very tenets of our company, Harout encourages leadership development in all roles and at all levels within our company. JohnHart […]
The 16 JohnHart Agents Who Made the 2023 RealTrends America’s Best Real Estate Agents List
In market climates like this, a win seems to mean more. And that’s saying a lot when it comes to the prestigious RealTrends America’s Best Real Estate Professionals List. This year, we have the privilege to boast that 16 of our agents made the cut. In Some ways, it’s not a surprise. After all, we […]
Absorption Rate Analysis: May 2023 – Surprise! More Seller’s Favor Surges
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 […]
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 […]