Find out everything you need to know about your future agent.
It’s been an interesting month in the Greater LA housing market as more housing inventory flows into a parched market. We ended April’s absorption rate analysis with a prescient statement: “We did see a higher number of houses for sale in Los Angeles hitting the market in April. If that trend continues, we may see absorption rates drop closer to the buyer&r...
As we embark on the spring homebuying season, the market might seem a bit chilly at first glance. Prospective buyers face a challenging landscape characterized by high mortgage rates, limited housing inventory, and escalating home prices. Compounding the situation, recent data from Freddie Mac reveals that in April, the average rate for a 30-year fixed mortgage surg...
A key measure of home-purchase applications surged last week as mortgage rates dropped to the lowest level in more than a year. The Mortgage Bankers Association's (MBA) index of mortgage applications jumped 6.9% for the week ended Aug. 2, according to new data published Wednesday. At the same time, the average rate on the popular 30-year loan dropped to 6.55...
KEY POINTS Mortgage application payments decreased to $2,167 in June, a 2.4% decline from $2,219 in May, according to the Purchase Applications Payment Index by the Mortgage Bankers Association. Homebuyer affordability conditions are beginning to improve, according to experts. Sdi Productions | E+ | Getty Images Home affordability has slightly improved for buy...
Should You Rent Out or List Homes for Sale in California? Current Real Estate, Industry, Misc., Tips August 12, 2024August 12, 2024 JohnHart Real Estate and Harout Keuroghlian Is it better to rent out or list homes for sale in California? You’d be surprised how much this question comes up. There’s no denying that property is a...
Here’s Why JohnHart Real Estate is a Hard “No” on California Rent Control Measure Proposition 33 Current Real Estate, Industry, Legal Corner, Local News, Politics & Econ, RE News October 18, 2024October 18, 2024 JohnHart Real Estate We want to make it abundantly clear. JohnHart Real Estate is a hard “no” ...
As our neighbors consider rebuilding their homes following the horrifying wildfires that tore through the region just a little over a week into the new year, more and more homeowners are taking careful consideration into what materials and practices build fire-resistant homes. Sadly, a fully fireproof home just isn’t feasible. Otherwise, we may not be going through the ongoing headache of...
Current Real Estate, Industry, Local News, RE News February 3, 2025February 4, 2025 Seth Styles We’ve never seen a month like January 2025 in the history of publishing our absorption rates. And with so many monumental factors at play, it’s tough to pin these results on one thing. New presidential administration? Citywide fires? The Grind t...
Featured image credit: Arzuman Brothers “Living in your parents’ basement” may not be the roast it once was. At least not if your parents own a multi-million-dollar iceberg home. What is an iceberg house? It’s one of the names assigned to a somewhat recent trend among the wealthy: stately homes built upon colossal luxury basements. And when we say &...
Building Generational Wealth Through Real Estate Real estate has long been a proven strategy for building generational wealth. Unlike stocks or other volatile investments, real estate offers tangible assets that appreciate over time, generate passive income, and provide financial security for future generations. If you're looking to create lasting wealth for your family, here’s how...