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 […]

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 […]

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 […]

Absorption Rate Analysis: February 2023 – New Places, Same Housing Market

Looking at February’s absorption rate analysis makes January’s look downright turbulent. Perhaps the market is approaching a state of normalcy. Admittedly, “normal” for the Los Angeles housing market would still give a mechanical bull a run for its money. But our agents have learned to ride those bucks and dips without spilling a drop of […]