Featured image credit: Arzuman Brothers “Living in your parents’ basement” may not be the roast it once was. At least not if your parents own a multi-million-dollar iceberg home. What is an iceberg house? It’s one of the names assigned to a somewhat recent trend among the wealthy: stately homes built upon colossal luxury basements. […]
We’ve never seen a month like January 2025 in the history of publishing our absorption rates. And with so many monumental factors at play, it’s tough to pin these results on one thing. New presidential administration? Citywide fires? The Grind to Greatness Realtor Race? In short, we expected a drop in absorption rates in January. […]
Featured image credit: Paramount Pictures Before Mariah Carey wrapped her mittened hands around the holiday music charts, December was the season of Bing. Legendary actor and crooner Bing Crosby recognized the value of a well-timed Christmas tune… or ten. When the holidays rolled around, so did Crosby’s latest carol… or maybe a golden oldie. It […]
It almost seems insulting at this point to call 2024 a challenging year for the real estate industry. With all of the obstacles real estate professionals needed to worry about outside of their transactions, waking up each morning and grinding onward felt more like trying to administer aid on an active battlefield. We got into […]
You’ve already met our Agent of the Year. Now it’s time for you to select our Person of the Year for 2024! Just a reminder, the JohnHart Person of the Year is not Agent of the Year Part 2. It’s a distinct honor unto itself, highlighting the professional who best exemplified JohnHart’s principles. These nominees […]
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 […]
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 […]
It’s unfortunate that the dome house never really caught on as a viable alternative to boxier living. At first glance, dome houses seem like they’d be more trouble than they’re worth. We’re just too accustomed to more traditional home designs. But after reviewing the benefits and drawbacks of dome home life, it seems that it […]
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 […]
Featured image credit: Choose Glendale When searching for your dream home, it pays to do your research into the surrounding neighborhood. Our new regular series, Neighborhood Watch, gives you an overview of some of the most commonly asked questions about the neighborhoods we service, getting you started on the right foot in deciding whether a […]
