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The Housing Market is NOT Going to Crash – Here Are 9 Reasons Why

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 be no housing market crash. I realize that’s a bold...

Uncovering Sunland CA 91040's November Real Estate Scene

Greetings, Sunland enthusiasts! Kenny, your local realtor, is back with a fresh scoop on the ever-evolving real estate panorama in our beloved Sunland CA 91040. As we traverse the charming streets, let's take a closer look at the numbers that defined the real estate landscape in November. A Glimpse into Sunland's Tapestry:   Sunland-Tujunga, with its history steepe...

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Torrance "90503" Real Estate Market Update: December 2023

As we step into the new year, it's crucial for homeowners, potential buyers, and real estate enthusiasts to stay informed about the local market trends. In this blog, we'll delve into the real estate landscape of Torrance, specifically focusing on the 90503 zip code. Let's explore the statistics for December 2023 and gain valuable insights into the current state of the housing marke...

West Hollywood, CA 90069 Real Estate Tapestry: A Market Update

Hey there, West Hollywood aficionados! Buckle up because we're diving deep into the real estate scene of 90069. If you're ready for a rollercoaster of stats and a dash of history, you're in for a treat. Market Snapshot: Let's get down to the nitty-gritty. Currently, we've got 90 Active listings, with each square foot going for a cool $1,237. The average time a ...

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Key Updates to Security Deposits and Tenant Rights: What You Need to Know

As real estate professionals at JohnHart Real Estate, staying informed about recent changes in security deposit regulations and tenant rights is crucial. This knowledge helps us provide accurate guidance to our clients and ensures that we represent landlords and tenants properly. In this blog post, we'll cover the key updates to security deposit laws and tenant rights that you need to be aw...

Temperatures Rise, Home Prices Cool

Recent reports indicate a notable change in the housing market, with price gains shrinking in many areas and sellers beginning to reduce prices after a stagnant spring season. For the first time since the early days of the COVID-19 pandemic in 2020, the typical home sold for slightly less than its asking price—0.3% lower—during the four weeks ending June 23. This is a significant sh...

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Absorption Rate Analysis – August 2024: A Deep Dive into a Buyer-Friendly Month

August 2024 brought a breath of fresh air to home buyers weary from battling a relentless seller's market. While headlines may still scream about market volatility, a closer look at the absorption rate data reveals a more balanced reality. This analysis dives deeper into the August 2024 absorption rates, highlighting key trends and offering insights into what this means for both buyers and ...

Condo Living:  Warrantable vs. Non-Warrantable - What's the Difference? 

So, you're considering joining the world of condo ownership? Congratulations!  Choosing condo life offers a fantastic blend of convenience and community. But before you dive headfirst into condo hunting, there's an important distinction to understand: warrantable vs. non-warrantable condos. This distinction is particularly important when it comes to securing a mortgage.  Le...

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Prop 33 = more rent control and fewer housing choices

As the November ballot approaches, it's important for California homeowners to understand the implications of Proposition 33, a measure that seeks to repeal the Costa-Hawkins Rental Housing Act. This law currently provides significant protections for property owners by: Shielding single-family homes and condos from rent control. Allowing rents to be adjusted to market value when a t...

Top 4 Reasons Buyers Are Saying "Not Yet" to Homeownership

The real estate market is experiencing a fascinating paradox. Inventory is up in many areas, yet buyer activity remains sluggish. Why? New research sheds light on the top 4 reasons buyers are hesitant to jump into homeownership right now. 1. High Mortgage Rates Still Reign Supreme: While slightly down from their peak, mortgage rates hovering around 7% continue to be a major deterrent. T...