As technology-based as our industry can be, it’s no wonder we found a way to hop on the artificial intelligence craze. But could AI feasibly replace flesh-and-blood real estate agents? It’s a question you may want to pose to Luxora. That’s the name Las Vegas’s Luxury Realty Group gave one of its newest recruits: a […]
February’s come and gone and we have to say it wasn’t quite the expected mad dash deeper into seller’s territory. Typically, when we see a nearly unanimous drop toward the buyer’s favor like what we witnessed in January, it’s just the beginning of the slingshot being pulled back. The next month is almost always a […]
It’s one thing to get facetime on The Grammys. But when you get a shoutout on Foos Gone Wild? That’s when you know you’ve made it in LA. Such is the riches-to-rags-to-tags tale of Oceanwide Plaza, a stagnant development that has been unofficially reclaimed by LA’s art community. Once a trio of towers on their […]
We’ve come to expect lower absorption rates in January, but January 2024 more than understood the assignment. All except one neighborhood dropped further into the buyer’s favor. One dropped further toward the buyer’s favor than we’ve ever seen in a single month. Another has officially camped out at the threshold of the universally accepted buyer’s […]
Originally published on April 25, 2023 Several weeks ago, some of you received an email from your JohnHart agent about a promising new housing loans initiative. Dubbed the California Dream For All Shared Appreciation Loan, it sought to level the playing field for disadvantaged Californians with aspirations of homeownership. Yet, less than two weeks later, […]
If you missed JohnHart’s {RE}VOLUTION event yesterday, you’ll likely be hearing some of our plans trickling out to the public over the weeks. One of the most hotly discussed topics after the presentation was the introduction of JohnHart’s and Golden Coast Finance’s AMLO℠: a plan that would see qualifying agents potentially multiply their commissions while […]
Featured image credit: Omgivning Perhaps as a deeply inadequate escape from the stresses of the first World War, hot chocolate was all the rage in Los Angeles in 1914. Through this fad, new life was etched into the very walls of a formerly non-descript four-story building that remains standing today at 217 West 6th Street. […]
It’s that time of year again at JohnHart; a time when one real estate agent is elevated by their peers to heights we’ve already known they’ve attained, but were just too humble to admit it. We won’t say it’s a time when transactions don’t matter, but maybe a time when they’re not all that matter. […]
As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything […]
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 […]
