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You only need to glance at our Absorption Rate Analysis chart for October to see it was a month that brought big changes. For as long as we’ve been officially tracking absorption rates, we’ve seen almost unanimous movement toward a seller’s market. But for the first time, we actually saw all areas except one drop toward a buyer’s market! And while most are still firmly i...
It can be tough to get into the spirit of the holidays when you live in Southern California. After all, our weather is just so relentlessly perfect that we just can’t quite get that snowed-in sense of coziness. But packing the family into the car and checking out some of the area’s best (and free) Christmas light displays can do the trick. There’s something just so spectrally ...
On Tuesday, the “core” CPI figure (which excludes fuel + food) for November eased to 6.0%. This was modestly lower than expectations, driving a bond market rally that pushed 30-yr mortgage rates below 6.3%. A day later, the Federal Reserve lifted short-term rates by 50 bps (that’s half a percent). While this was no surprise, the Fed’s forecasts wer...
If you’re looking for a traditional New Year’s Eve celebration, it’s tough to beat Times Square in New York. And Las Vegas is also always a great time. That being said, New Year’s Eve Los Angeles-style is a completely different animal. And while New Year’s Eve is often about looking to the future, these five local options pay reverent tribute to our...
Los Angeles Mansions Hit the Market in Anticipation of Measure ULA Current Real Estate, Industry, Local News, RE News December 26, 2022December 27, 2022 Seth Styles Featured image credit: Edward Stojakovic Is now the right time for prospective buyers to purchase that luxury mansion they’ve been eyeing? Well, that depends. But if you&r...
Report: Nearly Half of the Units Listed in LA Through Short Term Rental Companies Are Violating Regulations Current Real Estate, Industry, Local News, RE News December 15, 2022December 15, 2022 Seth Styles It’s been over three years since the city of Los Angeles passed laws designed to regulate out-of-control listings by short term rental com...
2023 Home Décor Trends – Bring on the Excess! For the past few years, the common theme in the home décor space was ‘Less is More’. This is not the case for 2023 home décor trends.. All of the home décor inspo social media pages were showcasing clean rooms with minimal décor. Everything felt fresh and renewing. There is no...
Absorption Rate Analysis December 2022: “Surge” is the Word for Selling Houses in Los Angeles Current Real Estate, Industry, Local News January 5, 2023January 5, 2023 Seth Styles If the end of 2022 is anything to go by, it’s certainly a happy new year for those selling houses in Los Angeles. The absorption rates for each of our neighbo...
A New Year allows for a new outlook – and that often includes a rethink of our homes. As the Christmas decorations come down, it is the perfect time to consider a refresh of your home for the year ahead. Whether you are looking to incorporate new interior design trends, or want to shift to a more timeless scheme, there are plenty of easy refreshes you can do that don't r...
How far do you think you’d get in your real estate career without your relationships? In this industry, success is often directly tied to the way you interact with others. And we’re not just talking about your clients. We’re talking about your fellow agents, whether in your firm or sitting across the negotiation table. We’re talking about your trusted vendors; your commu...
