While some people are struggling to get housing loans for their first homes, a somewhat new business model is taking some strain out of the price on a second home. That’s great news for those in the luxury home market. Yet, neighbors of these definitely-not-a-timeshare properties aren’t quite as thrilled. It’s called fractional ownership. And […]
By now, 8 months into publicly releasing our absorption rate data, we’ve become pretty accustomed to the Greater Los Angeles area favoring the seller. But this is the first time we’ve seen every neighborhood we monitor move deeper into a seller’s market. So, if you’ve been thinking about selling your home, now might be a […]
We hear a lot of complaints about participation trophies, but we’ll be honest: any agent who has kept their heads above water during the first quarter of 2023 deserves your respect. It makes the accomplishments of our Top 25 of Q1 2023 even more astounding. There’s so much that goes into being an agent: you […]
Looking at February’s absorption rate analysis makes January’s look downright turbulent. Perhaps the market is approaching a state of normalcy. Admittedly, “normal” for the Los Angeles housing market would still give a mechanical bull a run for its money. But our agents have learned to ride those bucks and dips without spilling a drop of […]
If you’re looking forward to home prices dropping in the near future, you may want to read this. Our CEO, founder, and principal broker Harout Keuroghlian recently made clear his belief that we’re not going to be seeing home prices reduced by much, if any, in the foreseeable future. And when Harout has a “belief”, […]
At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Encino and Northridge. That’s not to detract from decent bumps further into seller’s market territory in Burbank and Palmdale. But while these […]
Some are calling it the kind of relief one expects from a functioning first world government. Others are calling it an overreach that ignores the real solution. But no matter how you slice it, the Biden administration announced on Wednesday, January 25 its intention to establish a fledgling “renters bill of rights.” What does this […]
Maybe you just found your dream home. Or maybe you just realized that the living situation that’s worked for you in the past isn’t cutting it today. It’s all good until that dreaded moment when you seek home loan pre approval… only to get denied. Where can you go from here? Ten times out of […]
It’s never been an easy feat to make it into JohnHart’s Top 25 Agents of the Quarter. Yet, just as these agents have made an art of redefining real estate, the market itself has redefined “difficult.” It’s been a long time since the road to the Top 25 was strewn with so many obstacles, so […]
If the end of 2022 is anything to go by, it’s certainly a happy new year for those selling houses in Los Angeles. The absorption rates for each of our neighborhoods surged deeper into a sellers market in December with the exception of one. Some of those surges were negligible. But one neighborhood made the […]
