While June’s absorption rate statistics favored surges further into the seller’s market (no shock there), we saw a bit more balance than May’s brutal surge-fest. For one, June’s most aggressive climb was nine percentage points; a far cry from the vicious 15% lunge we saw in Upland in May. Also, while we only witnessed two […]
In market climates like this, a win seems to mean more. And that’s saying a lot when it comes to the prestigious RealTrends America’s Best Real Estate Professionals List. This year, we have the privilege to boast that 16 of our agents made the cut. In Some ways, it’s not a surprise. After all, we […]
We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with […]
Featured image credit: Stan Shebs Living in the entertainment capital of the planet, we have our fair share of mansions in LA. And we mean mansions by every definition. Obviously, the word “mansion” more or less means something. But the details change slightly depending on who you ask. So what makes a house a mansion? […]
Even in absorption rate analysis, what goes up must come down. It just seems that someone forgot to tell a couple of our neighborhoods. But after a March when we watched every neighborhood we service surge deeper into the seller’s favor, the scales seem to be balancing again. All but two of our neighborhoods dropped […]
With over 2 billion active monthly users, Instagram is one of the largest social media platforms out there. Real estate marketing with Instagram has helped many agents skyrocket to success with virtually no marketing budget. With that being said, any agent looking to be triumphant in this market had better get their Instagram game on […]
By now, 8 months into publicly releasing our absorption rate data, we’ve become pretty accustomed to the Greater Los Angeles area favoring the seller. But this is the first time we’ve seen every neighborhood we monitor move deeper into a seller’s market. So, if you’ve been thinking about selling your home, now might be a […]
Looking at February’s absorption rate analysis makes January’s look downright turbulent. Perhaps the market is approaching a state of normalcy. Admittedly, “normal” for the Los Angeles housing market would still give a mechanical bull a run for its money. But our agents have learned to ride those bucks and dips without spilling a drop of […]
If you’re looking forward to home prices dropping in the near future, you may want to read this. Our CEO, founder, and principal broker Harout Keuroghlian recently made clear his belief that we’re not going to be seeing home prices reduced by much, if any, in the foreseeable future. And when Harout has a “belief”, […]
At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Encino and Northridge. That’s not to detract from decent bumps further into seller’s market territory in Burbank and Palmdale. But while these […]
