It seems that in the Greater Los Angeles area’s absorption rate stats, what goes down must come up. January’s month of down-the-line decreases in absorption rates were countered in February with increases across the board. We had a similar surge in every neighborhood in March 2023. So, while it’s rare, it happens. And it was […]
Featured image credit: City of Upland JohnHart Real Estate may be best recognized for redefining real estate in the Greater Los Angeles area, but our mission knows no boundaries as the focus of this edition of our Neighborhood Watch column illustrates. Today, we look at a city in San Bernardino County where things always seem […]
All imaged credited to: Whitaker Studio Normally, a house like the one we’re looking at today would get a feature in our home spotlight series. But to make it into that column, a house needs to actually exist. And outside of a concept, that’s not the case with the Starburst House. Perhaps you’ve seen it […]
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 […]
