Absorption Rate Analysis – November 2023: Significant Jumps and Drops Bring an Unusual End to Autumn

Last month, we talked about the calm before the storm. Well, we wouldn’t ring the alarms just yet, but November gave us a bit more drama than October with some decent rises and falls across the Greater Los Angeles area. It’s a surprising amount of absorption rate activity for a time when the market is […]

Absorption Rate Analysis – October 2023: The Calm Before the Storm?

While the real estate industry is still reeling from a federal jury’s decision to rule against the National Association of Realtors, October’s absorption rates may be feeling like the calm before the storm. There may be candy wrappers blowing gently off the streets on November 1. But October brought no tricks or treats to the […]

Californians Can Buy and Sell ADU Homes Like Condos Thanks to AB 1033

It’s a great time in California to own an ADU. Last year, our government made it easier than ever to build authorized accessory dwelling units (ADUs). But now, thanks to Assemblyman Phil Ting’s (D-San Francisco) recently drafted Assembly Bill 1033, it’s becoming just as easy to sell these units as ADU homes the way one […]

Absorption Rate Analysis – September 2023: Things Look Up for Buyers as Absorption Rates Sink Down

Temperatures in SoCal may be about to rise again, but September was, appropriately enough, all about the fall. And we’re not talking about changing seasons. With the exception of two of our neighborhoods, all areas dropped closer to a buyer’s market this month or simply treaded water. And of the two that moved further into […]

Palm Springs Home Spotlight: Organic Architecture Lives On with the Elrod House

Featured image credit: Luis Ashelford Wait, haven’t we done this Palm Springs Home Spotlight before? If you’ve been paying attention (but not paying close enough attention), you’ll be mistaking today’s home for one we covered last year: The Bob Hope House. It’s an easy enough point of confusion: both that home and this one were […]

JohnHart Real Estate Vows to Bring a Higher Quality of Service to Palm Springs Real Estate

The real estate industry in Palm Springs is broken. At least that’s the fervent belief of Harout Keuroghlian, CEO, founder, and principal broker of JohnHart Real Estate whose Palm Springs branch on Palm Canyon Drive has set its Grand Opening for October 13. The company’s agents have been helping clients buy and sell homes all […]