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 […]

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 […]