As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything […]
Before we started writing our regular JohnHart 12 Skills for Exponential Growth in Real Estate column, our CEO, Founder, and Principal Broker, Harout Keuroghlian, wrote an insightful and exploratory blog on the power of influence. While the practice of influencing hasn’t changed since that blog was published, its importance in real estate has stirred up […]
Last month, we talked about the calm before the storm. Well, we wouldn’t ring the alarms just yet, but November gave us a bit more drama than October with some decent rises and falls across the Greater Los Angeles area. It’s a surprising amount of absorption rate activity for a time when the market is […]
Have you seen the news? Wall-to-wall headlines about the big housing market crash headed your way. You’d think it was a confirmed fact! As the CEO and founder of my own real estate brokerage, and an expert who’s been successfully working in the real estate industry for decades, I have news for you. There will […]
Now that we understand that the storyteller is the most powerful person in the world, how can we use some of that same juice to expand our minds? By feeding stories (or information) to ourselves through daily reading. Whether you’re reading fiction or non-fiction, eBooks or physical media, newspapers or blogs, regular reading is a […]
While the real estate industry is still reeling from a federal jury’s decision to rule against the National Association of Realtors, October’s absorption rates may be feeling like the calm before the storm. There may be candy wrappers blowing gently off the streets on November 1. But October brought no tricks or treats to the […]
It’s a great time in California to own an ADU. Last year, our government made it easier than ever to build authorized accessory dwelling units (ADUs). But now, thanks to Assemblyman Phil Ting’s (D-San Francisco) recently drafted Assembly Bill 1033, it’s becoming just as easy to sell these units as ADU homes the way one […]
Less competition doesn’t make the current housing market any less challenging. Just ask the agents who battled through a vicious third quarter to claw their way onto our Top 25 Agents list. This year has turned a lot of agents away from the industry, from rookies feeling in over their heads to seasoned agents tempted […]
Temperatures in SoCal may be about to rise again, but September was, appropriately enough, all about the fall. And we’re not talking about changing seasons. With the exception of two of our neighborhoods, all areas dropped closer to a buyer’s market this month or simply treaded water. And of the two that moved further into […]
No, the average Californian doesn’t place an overly inflated importance on their backyard. But if you’ve heard terms like NIMBY or YIMBY, you’d be forgiven for having that impression. These words are simple enough acronyms. NIMBY, the original, stands for “Not In My BackYard.” Therefore, YIMBY, the NIMBY’s arch nemesis, obviously stands for “Yes In […]
