Absorption Rate Analysis – May 2024: Relief for Buyers at the Edge of a Heatwave

It’s been an interesting month in the Greater LA housing market as more housing inventory flows into a parched market. We ended April’s absorption rate analysis with a prescient statement: “We did see a higher number of houses for sale in Los Angeles hitting the market in April. If that trend continues, we may see […]

California Cannabis Cafe Bill Would Put a Little More Focus on the Cafe Side of Things

Not to fan the flames of any stoner stereotypes, but munchies are a very real thing. And if State Representative Matt Haney (D) has his way, they might finally get curbed. He wants the state’s cannabis cafe locations to serve food prepared onsite. It doesn’t seem like a particularly controversial take. In fact, his Assembly […]

Absorption Rate Analysis: April 2024 – More Houses for Sale in Los Angeles But the Surprises End There

April 2024 brings more of that same energy we saw in March as the industry shakes off the accumulated frost of the holiday hibernation. A lot of our communities continued to climb further into the seller’s market, though with less severity. One neighborhood really ingratiated itself to sellers with a double-digit surge. But it was […]