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 […]
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 […]
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 […]
After October’s near-unanimous surge deeper into the seller’s good graces, it’s no surprise that November offered more divisive absorption rates as neighborhoods evened out. Sure, four neighborhoods started a streak of two consecutive months marching further into seller territory. But we saw seven communities rise higher in the seller’s favor and five drop closer to […]
In the realm of real estate absorption rates, it seems that what goes down must come up. At least in the competitive housing market of the Greater Los Angeles area. As we head deeper into the autumn, the sun that shined so brightly on prospective home buyers is slipping behind the clouds, returning favor to […]
In our line of service, we meet people every day chasing their dreams of homeownership. And often, those dreams aren’t very exacting. A surprising amount of people are in the market for four walls and a roof… anything else is icing on the cake. And there’s nothing wrong with that! But Glendale’s historic Harris House, […]
We want to make it abundantly clear. JohnHart Real Estate is a hard “no” on California rent control measure Proposition 33. If you missed our CEO and principal broker’s powerful message on this decision, allow this blog to elaborate on why we so passionately oppose this deceptive measure. California Rent Control as It Currently Stands […]
Featured image credit: Netflix For being such a gorgeous, in-demand neighborhood, Los Feliz sure has its shadows. We examined the Sowden House, rumored to be the actual site of the notorious Black Dahlia murders. We explored the ancient curse allegedly levied against Griffith Park. But we’ve yet to discuss the Los Feliz murder house. We […]
Featured image credit: Difference Engine Ever wanted to eat Jell-O in an enchanted forest? Then mark your calendars for October 18. It’s the long-awaited date for the Grand Reopening of Clifton’s Republic, an event only bested by the Griffith Park Merry-Go-Round on the “when’s this going to re-open?” scale. While portions of the eccentric cafeteria-turned-multi-level […]
This is the single most impressive absorption rate analysis we’ve published since we first started sharing our numbers in August 2022. Perhaps it was the market anticipating the federal interest rate drop. We’re finally below 5%! Or perhaps things really are just starting to swing in the buyer’s favor. Whatever the case, the dropping absorption […]
