You may not be willing to pony up $75 million for a luxury condo, but the Four Seasons is betting somebody will. That’s the cost of the penthouse crowning their 12-story private residences complex on the border of Beverly Hills. It should come as no surprise that $75 million is well over the record sale […]
Category: Current Real Estate
What’s the Difference Between a Buyer’s Market and Seller’s Market?
Last week, we discussed our latest absorption rate statistics and how they are indicative of a seller’s market. Likely, some of you asked yourself, “What is a seller’s market?” And by comparison, you may have also wondered what defines a buyer’s market. Recognizing the difference can be key in planning your buying or selling strategy. […]
When Do You Have to Disclose a Death in a House?
We’ve all seen the movies where an average family’s new dream home becomes a nightmare as they discover it’s haunted by restless spirits. That’s just movie magic, right? But whether or not you believe in ghosts, you’d probably want to know if someone had passed away in the home you’re purchasing. It’s actually a really […]
The Importance of Making It Through a Contingency Period With Both Sides Smiling
Ideally, we’d like to work in a real estate industry in which everybody wins. Easier said than done. But contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably […]
You Could Be Earning Money Where You Sleep With ADU Housing
When it comes to shopping for a new home in Southern California, we’ve noticed everybody tends to want one thing: a refreshing swimming pool. But a well-designed ADU is right behind it. So, what is this ADU California residents love so much? It’s an acronym for “accessory dwelling unit” and it’s an independent living space […]
Best Smart Home Devices to Welcome You to the Present
We’re still waiting on flying cars, but many of the futuristic luxuries promised to us over the last few decades are now just part of our daily lives. Take the smart home for instance. It’s pretty much the “house of the future”… except we have it today. Ten years ago, you wouldn’t see anything like […]
In a Hurry to Find Your Dream Home? Then You Need Off-Market Properties
In Los Angeles, we’re still enjoying a housing market where homes can feasibly spend less than a week on the market. But the market is tumultuous at the best of times. We recognize there’s an urgency to finding your dream home. Maybe you’re searching for your very first property. Maybe you’re ready for an upgrade. […]
When Should You Use an Assignment of Contract?
Real estate is full of all sorts of interesting twists and turns. For many agents, this diversity is all part of the thrill. But no matter how you feel about it, change is the norm and no two transactions are the same. For example, sometimes, in the midst of a transaction, a buyer may need […]
Palm Springs Home Spotlight: The Bob Hope House Mounts the Peak of the Modernist Volcano
In our “Home Spotlight” series, we’ve taken you on a tour of a potential Los Angeles murder mansion. We’ve taken you over 20 feet beneath the scorched Las Vegas ground to a subterranean wonderland. And now we’re taking you… golfing. Okay, it may seem anti-climactic, but did we mention that the house we’re talking about […]
Over 20 JohnHart Agents Make Real Trends’ 2022 America’s Best Real Estate Agents List
The Real Trends’ 2022 America’s Best rankings list was published earlier this week and it should come as no surprise that 22 of JohnHart’s best and brightest real estate agents were included. For those unfamiliar with the publication, Real Trends’ America’s Best rankings list compiles the country’s top performing real estate professionals. If an agent […]