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? […]
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 […]
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 […]
It’s easy to relax into the idea that our CEO, founder, and principal broker, Harout Keuroghlian, is the leader here at JohnHart Real Estate. While that’s true, it’s also an oversimplification. That’s because, by the very tenets of our company, Harout encourages leadership development in all roles and at all levels within our company. JohnHart […]
We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with […]
We’re already over halfway through our series on JohnHart’s 12 Skills for Exponential Growth in Real Estate! So, with Skill #7, it’s time to go deep. Deep focus, deep determination… deep results. Our CEO, founder, and principal broker Harout Keuroghlian is a proud proponent of a concept called “deep work.” Popularized by author and computer […]
Even in absorption rate analysis, what goes up must come down. It just seems that someone forgot to tell a couple of our neighborhoods. But after a March when we watched every neighborhood we service surge deeper into the seller’s favor, the scales seem to be balancing again. All but two of our neighborhoods dropped […]
At JohnHart Real Estate, our staff and agents alike have become accustomed to unusual questions. We ask a lot of questions. And, thanks to our CEO, founder, and principal broker Harout Keuroghlian, we also receive plenty of them too. One of Harout’s classic questions consistently draws blank stares from new recruits: “Do you know enough […]
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 […]
If you’ve been following along with our series “JohnHart’s 12 Skills for Exponential Growth in Real Estate”, you know we’re somewhat unconventional. But you have to admit, there’s always a method to the madness. Still, you might be wondering how skill #5, “physical activity”, fits into real estate greatness. Putting up “For Sale” signs? Adding […]
