Blog Thumbnail
Unlocking the Secret to Success: Selling Your Home in the Summer

"Unlocking the Secret to Success: Selling Your Home in the Summer" If you're considering selling your home, timing is key. And let me tell you, summer is the golden ticket to a successful sale. Why, you ask? Well, let's break it down. First off, the weather. Summer brings sunshine, longer days, and a burst of energy that naturally draws people outdoors. Potential buyers ...

Thinking about Buying or Selling Questions and Answers

Sure, here are some common questions and answers about buying or selling property: Q: What should I consider when buying a property? A: Consider your budget, location preferences, property size, amenities, potential for future resale value, and any additional costs such as maintenance fees or property taxes. Q: How can I determine the market value of a property? A: You can research rece...

Blog Thumbnail
Emerging technologies like virtual tours are revolutionizing the real estate industry

Emerging technologies like virtual tours are revolutionizing the real estate industry by providing immersive and convenient experiences for buyers, sellers, and agents alike. Here's how: 1. **Enhanced Property Showcase**: Virtual tours offer a comprehensive view of properties, allowing potential buyers to explore every corner without physically being there. This increases engagement and ...

Is summer the best time to buy a home?

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...

Blog Thumbnail
Absorption Rate Analysis – May 2024: Relief for Buyers at the Edge of a Heatwave

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...

4 key strategies for homebuyers in today’s challenging market

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...

Blog Thumbnail
Mortgage demand roars back to life as rates drop to lowest level in a year

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...

Housing affordability is ‘moving in the right direction,’ economist says. Here’s what to know

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...

Blog Thumbnail
Should You Rent Out or List Homes for Sale in California?

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...

Plunge Pools Are Smaller Than Swimming Pools, But They’re Making a Big Splash

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...