Absorption Rate Analysis – February 2024: Not the Expected Slingshot Into Seller’s Territory

February’s come and gone and we have to say it wasn’t quite the expected mad dash deeper into seller’s territory. Typically, when we see a nearly unanimous drop toward the buyer’s favor like what we witnessed in January, it’s just the beginning of the slingshot being pulled back. The next month is almost always a […]

Absorption Rate Analysis: January 2024 Brings a Late Holiday Gift for Buyers

We’ve come to expect lower absorption rates in January, but January 2024 more than understood the assignment. All except one neighborhood dropped further into the buyer’s favor. One dropped further toward the buyer’s favor than we’ve ever seen in a single month. Another has officially camped out at the threshold of the universally accepted buyer’s […]

Waking Up to the Reality of the California Dream For All Program

Originally published on April 25, 2023 Several weeks ago, some of you received an email from your JohnHart agent about a promising new housing loans initiative. Dubbed the California Dream For All Shared Appreciation Loan, it sought to level the playing field for disadvantaged Californians with aspirations of homeownership. Yet, less than two weeks later, […]

LA Home Spotlight: Tony Duquette Sculpted Exotic Dreams in Dawnridge

Featured image credit: Hollywood Unwrapped You don’t have to be a Hollywood insider to recognize the name Tony Duquette. Throughout the 1940s and ‘50s, he elevated set decoration to an art form with his “more is more” approach. It earned him a great deal of admirers, some well-positioned friends, and, it would seem, a small […]

Blending a Real Estate Agent and Loan Officer, the AMLO℠ is the Future of Real Estate

If you missed JohnHart’s {RE}VOLUTION event yesterday, you’ll likely be hearing some of our plans trickling out to the public over the weeks. One of the most hotly discussed topics after the presentation was the introduction of JohnHart’s and Golden Coast Finance’s AMLO℠: a plan that would see qualifying agents potentially multiply their commissions while […]

Absorption Rate Analysis: December 2023 – Secretly Good News for Buyers?

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 […]

Unique Celebrity Homes: Naomi Campbell’s Horus Eye Haven

When it comes to unique celebrity homes, Naomi Campbell’s vacation house is unlike any other. Spanish Architect, Luis de Garrido, built this getaway home on the island of Adasi Sedir in Turkey’s Gulf of Gökov, also known as Cleopatra’s Island. It was a monumental gift from Naomi’s Russian billionaire ex partner, Vladislav Doronin. Luis de […]

Absorption Rate Analysis – November 2023: Significant Jumps and Drops Bring an Unusual End to Autumn

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 […]