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Every year, Pantone announces its Color of the Year. Once they unveil the most anticipated shade to the world, every industry from fashion to home décor to hospitality all follow suit and begin to introduce new items for us to go crazy over. For the most part, the colors that they have chosen over the years have been a little bit more predictable. This year Pantone ...
Okay, the holidays are over, so can we get tropical again? Considering the last few weeks have felt like a tropical storm descending on LA, we’d say yes. And while tinseltown isn’t exactly the Polynesian Islands, this is a city that knows how to get tropical. Just look at our near century of tiki culture. It all started in 1934 when Ernest Gannt first opened the doors of the legenda...
Sometimes it feels like there just aren’t enough hours in the day… or so I’m told. I honestly can’t relate. It’s not because I have a shortage of things to do. In fact, I have a fully scheduled “to do” list greeting me everyday. But I fall asleep each night content in the knowledge that I’ve used my time in the most efficient manner possible. The...
Newsletter - 1/30/2023 Week of January 23, 2023 in Review Housing activity moved higher in December, inflation continues to cool, and more recession signals are flashing: Inflation Turning the Corner Pending Home Sales Rise for First Time in Six Months New Home Sales Ticked Higher in December Caveats to Positive Fourth Quarter GDP Initial Jobless Claims Decline for Second Co...
Yes, One of the Most Futuristic Buildings in LA is a KFC Local News, Misc. February 1, 2023February 3, 2023 Seth Styles Punctuating an admittedly bizarre stretch of Western Avenue, the world’s strangest KFC stands unapologetically. Now, a KFC in Los Angeles doesn’t typically inspire doubletakes. But in that blur of the map where East Hollywood is...
Absorption Rate Analysis: January 2023 – Is the Los Angeles Housing Market Making Big Shifts or Treading Water? Current Real Estate, Industry, Local News, RE News February 7, 2023February 7, 2023 Seth Styles At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The ab...
At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Northridge and Burbank. Then there was a significant drop in Encino which we’ll also examine a bit more in just a moment. That’s not to detract from decent bumps further into seller&rs...
There are the Great Lakes and the Mississippi River for soaking up nature, standout museums to explore, some of the most highly rated sports teams in the U.S. and easy access to award-winning barbecue (if that’s your thing). But the biggest highlight of the best metros for first-time home buyers? They all share relative affordability. We’re admiring these 10 metros beca...
If you’re looking forward to home prices dropping in the near future, you may want to read this. Our CEO, founder, and principal broker Harout Keuroghlian recently made clear his belief that we’re not going to be seeing home prices reduced by much, if any, in the foreseeable future. And when Harout has a “belief”, you can count on it being more of an educated guess. His ...
Absorption Rate Analysis: February 2023 – New Places, Same Housing Market Current Real Estate, Industry, Local News, RE News March 2, 2023March 2, 2023 Seth Styles After last month’s dramatic (at least at first glance) absorption rates, February’s numbers seemed to move things back to a state of normalcy. Admittedly, “normal...
