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The summer months can be a popular time for home buying for a few reasons: 1. **More Inventory:** Typically, more homes are listed for sale during the summer months, giving buyers more options to choose from. 2. **Better Weather:** People generally prefer to move during the warmer months when weather conditions are more favorable, especially families with children who want to avoid disrup...
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...
Zillow recently released a report that found certain backyard accessories add extra value to your home when you want to sell. Even if you don’t want to sell anytime soon, adding some luxury to your yard makes it all the more enjoyable. Outdoor showers, tricked-out patios, outdoor furniture, sheds and other outbuildings all add value to your home and give you the space and com...
A recently published report named a popular Southern beach destination as the most moved-to city in 2024. Myrtle Beach, South Carolina, took the crown of most moved-to city in an analysis published by PODS, a moving and storage company. Wilmington, North Carolina, shared the same spot. PODS found that more and more Americans are opting to move to Southern states, ...
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...
Featured image: Soake Pools Everyone wants a home with a swimming pool. It’s one of the most commonly coveted features of prospective homebuyers entering the market. But even in a city with the unparalleled urban sprawl of Los Angeles, yard space can be a hot commodity. If you can fit a swimming pool in your backyard, you might not have any yard left. But a new trend is giving new...
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...