The month of July finished off with some slightly lackluster statistics, surprisingly not only in the condo/townhouse market but also in the Single Family Residence (SFR) market as well. After what can only be described as a two-year crush in SFR listing inventory in Los Angeles County, it appears that we could […]
Category: Current Real Estate
9 Home Renovations Proven to Skyrocket the Value of Your Home
Everyone wants to sell their home for top dollar, right? Well sometimes, the best way to increase the value of your home is to put in a little work and a little investment to make your property really shine. Whether it’s curb appeal or updating the finishes to your home, these are the 9 home […]
Top 10 Vacation Home Cities in 2021
Vacation homes are a hot commodity right now, and sales of vacation homes have skyrocketed in recent months. With many people now granted the flexibility of working from anywhere, the appeal of owning a vacation property has grown. A report released by the National Association of Realtors shows that in 2020, sales of existing homes […]
The Truth about the Income and Racial Gaps in Black Homeownership
In the land of the free, building wealth is about as American as free speech. But, the reality is that income and racial gaps have prevented an overwhelming number of black families from pursuing homeownership in the United States. The sad truth is that numerous factors contribute to the stark statistical imbalance regarding Black homeownership. […]
JohnHart Real Estate is Crossing State Lines
The City of Lights burns brighter, as JohnHart Real Estate takes our talents to Las Vegas. We have opened our first location in the city that never sleeps. JohnHart Real Estate is expanding, we are crossing state lines for the first time in our history (a second location is under construction, and will open in […]
California Housing Market Carries 2020 Momentum into 2021
California’s housing market began the 2021 year on a positive note. The state’s favorable trends continued from December into January, as we recorded the highest sales level since 2009. January saw a seasonally annualized rate of 484,730 closed escrow sales for existing, single-family detached homes in California (according to the California Association of Realtors, or […]
SDS Supportive Housing Fund Raised $106 Million to Fight Homelessness
In a vitally strong step to end homelessness, the SDS Supportive Housing Fund has raised an impressive $106 million to fight homelessness in California. SDS is a real estate impact fund managed by SDS Capital Group. It’s the first of its kind and will produce up to 1,800 financially stable permanent supportive housing units. Nearly […]
How SB 91 Changes the Tenant Relief Act of 2020
As many of you know, Governor Newsom signed the COVID-19 Tenant Relief Act of 2020 (AB 3088) in August of last year. This legislation provided protection for tenants who are one or more months behind in rent. Additionally, it enumerated responsibilities for landlords regarding their tenants. The provisions in that legislation were set to expire in […]
The California Exodus
According to a recent article by the Associated Press, the state of California continues to see migration out of the state, with net migration having occurred for three consecutive years. A new population estimate released Wednesday by the Department of Finance illustrated that 136,000 more people left the state than moved here — from July […]
Can Real Estate Love Letters Violate Housing Laws?
Anyone who has experience in real estate transactions may have seen or drafted a love letter. Written by a potential buyer to a seller, these letters are a great way for buyers to connect with sellers in an effort to get their offer chosen. Given the limited supply of homes in California, buyers will do […]