How Can Two Homebuyers With the Same Income Not Have the Same Buying Power?

Believe it or not, income is not all there is to determining buying power, especially in the housing markets around the Greater Los Angeles area. It’s why two households earning a salary of, say, $200,000, can be restricted to different price ceilings, neighborhood options, and property types. In fact, there is no single deciding factor. […]

Though Mostly Unspoken, Luxury Sellers Have Clear Expectations for a Buyer’s Agent

Luxury real estate isn’t for every buyer’s agent, especially in a city like Los Angeles, where the heights of decadence can be truly astronomical. In markets like Beverly Hills, Malibu, and Bel Air, price points soar higher, timelines stretch longer, and the buyers themselves are rarely rookies. Rather, they’re more often savvy, well-informed, and financially […]

How Does the Reservoir at the Center of Silver Lake LA Make It One of the City’s Hottest Markets?

Featured image credit: Clyde Charles Brown When it comes to property value in the chic neighborhood of Silver Lake LA, the Silver Lake Reservoir exerts a surprising amount of influence. Situated literally and figuratively at the center of the community, the reservoir has gradually shifted the priorities of homebuyers through its promise of recreation, its […]

Follow These 8 First-Time Homebuyer Tips to Prepare for LA’s Competitive Market

You’ve gone through the checklists. And you’ve read the general advice columns. But when it comes to buying your first home in LA’s unusually competitive market, you may still find yourself on the receiving end of a curveball or two. At JohnHart, we’ve spent countless hours learning every nuance of LA’s housing market, so we […]

How Can a Buyer’s Agreement Help in a Multiple Offer Situation?

If you see a home in Los Angeles that you absolutely must own, you’re likely not alone in that thought. The LA housing market is intensely competitive. It’s why making an offer on a home without competition is exceedingly rare. And that competition increases as you hunt through the most coveted neighborhoods and the most […]

Home Sale Feeling Light? Consider Capital Gains on Primary Residence Sales

With so many luxury properties around the city, and land in Los Angeles going for a premium, we regularly see homes sell for tens of thousands, possibly even millions, over the listing price. Demand for LA property has dramatically risen across several coveted neighborhoods. Therefore, it’s understandable that sellers would assume a high sales price […]

What Is It That Empty Nesters Love About LA’s Brentwood Neighborhood?

Featured image credit: Mickey Løgitmark Even discounting the significant emotional challenge, it’s hard being an empty nester. One day, you’re making sure growing children have enough privacy, enough security, and a fenced-in yard to get out their energy. Then suddenly, you’re looking for a smaller home that prioritizes your comfort and your convenience. The rapid […]