It’s never been an easy feat to make it into JohnHart’s Top 25 Agents of the Quarter. Yet, just as these agents have made an art of redefining real estate, the market itself has redefined “difficult.” It’s been a long time since the road to the Top 25 was strewn with so many obstacles, so […]
Category: RE News
Los Angeles Mansions Hit the Market in Anticipation of Measure ULA
Featured image credit: Edward Stojakovic Is now the right time for prospective buyers to purchase that luxury mansion they’ve been eyeing? Well, that depends. But if you’re in the market for Los Angeles luxury homes, you may be seeing a decent amount of them hitting the market in the coming weeks. That’s because Measure ULA, […]
Report: Nearly Half of the Units Listed in LA Through Short Term Rental Companies Are Violating Regulations
It’s been over three years since the city of Los Angeles passed laws designed to regulate out-of-control listings by short term rental companies. Yet, a recent report highlights that, in light of a disturbing lack of enforcement, hosts are still bending the rules. Or, in many cases, outright breaking them. David Wachsmuth, an urban planning […]
Absorption Rate Analysis: November 2022 Underscores That the Success of Los Angeles Homes For Sale Varies Widely By Neighborhood
November’s Absorption Rates artfully illustrate the night-and-day diversity of markets around the Greater Los Angeles area. Those who have been following this column will easily recall how October showed all (but one!) neighborhood drop toward a buyer’s market. And this was after watching several neighborhoods continuously edge further into the seller’s favor. But November kept […]
Christmas in LA? You Won’t Believe These Iconic Holiday Scenes Were Filmed in Los Angeles
When you think of famous holiday movie settings depicting Christmas in LA, your mind likely drifts to Nakatomi Plaza. Pop culture has celebrated Die Hard as LA’s unofficial Christmas movie in recent years. And we’ll take it because we recognize that sunshine, temperate weather and palm trees aren’t very Christmas-y traditionally. Here, we have different […]
Resale Value is the Top Consideration When Browsing Los Angeles Condos for Sale
We love helping unite people with their first home. But in LA’s competitive housing market, not everyone is financially prepared for homeownership. Does that mean the door to real estate investment is closed to them? Not exactly. The city’s inventory of condominiums provides a means of securing your own place while avoiding the hefty investment […]
DIY Don’ts: 6 DIY Home Improvement Projects to Avoid
Every home improvement show on TV will tell you how easy it is to improve your home on a budget. As you flip through the channels on the weekend, you will see countless DIY home improvement projects that will inspire you to break out the hammer and revitalize your space. But BEWARE – While not […]
Absorption Rate Analysis: October 2022 Brings Big Changes to Houses for Sale in LA
You only need to glance at our Absorption Rate Analysis chart for October to see it was a month that brought big changes. For as long as we’ve been officially tracking absorption rates, we’ve seen almost unanimous movement toward a seller’s market. But for the first time, we actually saw all areas except one drop […]
Would You Pay $75 Million to Live in a Luxury Condo?
You may not be willing to pony up $75 million for a luxury condo, but the Four Seasons is betting somebody will. That’s the cost of the penthouse crowning their 12-story private residences complex on the border of Beverly Hills. It should come as no surprise that $75 million is well over the record sale […]
What’s the Difference Between a Buyer’s Market and Seller’s Market?
Last week, we discussed our latest absorption rate statistics and how they are indicative of a seller’s market. Likely, some of you asked yourself, “What is a seller’s market?” And by comparison, you may have also wondered what defines a buyer’s market. Recognizing the difference can be key in planning your buying or selling strategy. […]