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 […]
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 […]
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 […]
At JohnHart, we’ve always recognized that, for any real estate agent, ongoing development is crucial to success. That’s why we’re thrilled whenever we see organizations promoting opportunities for growth within the competitive real estate industry. Such an opportunity is quickly approaching this Thursday evening. The Women’s Council of REALTORS® is hosting their annual Top Producer […]
After a few months of drama, it seems the summer’s absorption rates are going into the fall with a whimper instead of a bang. No record highs for any neighborhoods. No lows either. Compared to previous months, the shifts in position were modest with the exception of one desert community. Can you guess which one? […]
At the turn of the millennium, a gameshow started to dominate pop culture in the U.S. due to its lofty promises of wild riches. Today, Who Wants to Be a Millionaire could easily be retitled Who Wants to Own a Home in Los Angeles. Sure, it’s not as catchy. But it pretty much equates to […]
Housing supply, or lack thereof, continues to be a hot topic across the state of California. That’s why a recent story, cracked by Robin Urevich of Capital & Main and Gabriel Sandoval of ProPublica, is so unsettling. It’s compounded by another disturbing story highlighted by C.C. de Vere for Empty Los Angeles. At first, they […]
Leave it to the hottest month on record to deliver a breath of fresh air to Southern California homebuyers. While it’s not exactly unanimous, 10 of the 12 neighborhoods we monitor dropped closer to a buyer’s favor. And we’re not talking about minor drops in most cases. One neighborhood even sank a surprising 18 percentage […]
If you’ve been paying attention to the news, you’ve seen it’s getting harder to secure California homeowners insurance. Farmers Insurance, the second most popular home insurance California provider, just announced their intentions to place a cap on new policies. This trails even stricter decisions by State Farm and Allstate to completely cease issuing homeowner’s policies […]
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 […]
