Absorption Rate Analysis: December 2024 – Things Are Looking Up. Very Up.

A December surge toward the seller’s favor is a holiday tradition in its own right when it comes to our monthly absorption rate analysis. It’s just how the “off-season” works in real estate. A lower volume of homes hitting the market typically tips the scales in the sellers’ favor. In December 2022, only one of […]

Since 1958, the Capitol Records Building Christmas Tree Has Dazzled LA Every Year. Well, Except One.

Featured image credit: Amé Kali LA’s transition into a winter wonderland is subtle when compared to a lot of other U.S. cities. Maybe it’s all that year-round California sunshine. Sure, we have the annual Hollywood Christmas Parade, falling on the first Sunday after Thanksgiving since 1928. Then there’s the more recent tradition of the Pershing […]

Mt. Baldy is LA’s Most Infamous Mountain… and the 3rd Most Deadly in the Country

Featured image credit: Eric T. Gunther Jagged, snow-ravaged peaks scrape frosty clouds; a steel gray contrast overpowering blue skies. Blankets of deceptively powdery snow, punctuated by puma prints, blanket thick, unyielding slabs of ice. Silence is broken by the cascading rustle of falling ice shards and frozen boulders gaining shudder-inducing inertia. No, we’re not in […]

When Will We See Interest Rates Dropping Again? Probably Soon. But There’s More to the Story.

It’s still one of the hottest questions in the real estate industry: when will we see interest rates dropping again? Short answer: probably on December 18. The Federal Reserve will be gathering for the Federal Open Market Committee meeting and I am confident that they will announce a modest policy rate reduction to close out […]

The Natural History Museum of Los Angeles Revives “Lost” Nature Dioramas… and Adds Some New Ones

Featured image credit: Maarten Heerlien The next time you visit the Natural History Museum of Los Angeles, keep in mind that some of those taxidermied animals behind the glass are over a century old. That’s right, the museum’s nature dioramas just turned a century old. And to commemorate the milestone, the museum re-opened a dormant […]

LA Home Spotlight: Hollyhock House

Featured image credit: Codera23 Perched inconspicuously atop the 36-acre hilltop of Barnsdall Art Park, Frank Lloyd Wright’s Hollyhock House is a zenith of Los Angeles architecture. Wright designed the home at the behest of oil heiress Aline Barnsdall with construction beginning in 1921. Following a tense couple of years of design and construction, Barnsdall expressed […]