As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything beyond that is an assigned meaning that we’ve come to through a mixtu...

• calendar_month January 4, 2024
• category Market Update
• post Absorption, California, Current Real Estate, Housing Market Update, Industry, Local News, Los Angeles

February 5, 2024 We’ve come to expect lower absorption rates in January, but January 2024 more than understood the assignment. All except one neighborhood dropped further into the buyer’s favor. One dropped further toward the buyer’s favor than we’ve ever seen in a single month. Another has officially camped out at the threshold of the universally accepted buyer&rsquo...

• calendar_month February 7, 2024
• category Absorption
• post California, Current Real Estate, Housing Market Update, Los Angeles, resources

  Now these are some numbers that look familiar. The housing market has spent a couple of months in the wake of the holidays stretching out of hibernation. But March’s nearly straight run of surges brings us back to very familiar territory. Maybe painfully familiar for buyers. It was a month that saw neighborhoods surging further into the seller’s favor in all exce...

• calendar_month April 3, 2024
• category Absorption
• post California, Current Real Estate, Housing Market Update, Los Angeles, real estate, Real Estate News

  Now these are some numbers that look familiar. The housing market has spent a couple of months in the wake of the holidays stretching out of hibernation. But March’s nearly straight run of surges brings us back to very familiar territory. Maybe painfully familiar for buyers. It was a month that saw neighborhoods surging further into the seller’s favor in all exce...

• calendar_month April 3, 2024
• category Absorption
• post California, Current Real Estate, Housing Market Update, Los Angeles, real estate, Real Estate News

Alright, gather around, coffee enthusiasts and caffeine connoisseurs! If you've ever wondered about my one true addiction, let me spill the beans—it's 100% Coffee. Yup, I'm that person who's more loyal to my morning brew than to any politician or pop star. Now, let's talk about Starbucks and those fast-food coffee joints. Nope, not for me. I'd rather not waste p...

• calendar_month April 24, 2024
• category Food
• post California, Coffee, Community, Culture, Los Angeles, resources

April 2024 brings more of that same energy we saw in March as the industry shakes off the accumulated frost of the holiday hibernation. A lot of our communities continued to climb further into the seller’s market, though with less severity. One neighborhood really ingratiated itself to sellers with a double-digit surge. But it was a usual suspect (we’ll get to that in a moment). A f...

• calendar_month May 6, 2024
• category Absorption
• post California, Current Real Estate, Home Sales, Housing, Housing Market Update, Industry, Los Angeles

The way landlords handle security deposits is about to change in several major ways. The California security deposit law (officially recognized as Assembly Bill 12) takes effect on July 1 and will limit how Golden State landlords collect and handle security deposits. JohnHart Commercial Real Estate has the details. The One Month’s Rent Limitation Photo credit: Envato Pos...

• calendar_month May 28, 2024
• category Commercial Real Estate
• post California, Housing, Laws and Regulations, Los Angeles, real estate, renting, resources

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...

• calendar_month June 5, 2024
• category Absorption
• post California, Current Real Estate, Housing, Housing Market Update, Los Angeles

Calling all fútbol (soccer) fans! Step into the extraordinary world of fútbol legend Leo Messi at The Messi Experience in Los Angeles! Immerse yourself in his incredible journey through interactive, tech-filled rooms — from his early days to World Cup glory. Explore Leo’s childhood, participate in interactive exercises, earn points to catch Messi's attention, and e...

• calendar_month June 15, 2024
• category Resources
• post California, Fútbol, Los Angeles, Messi, Soccer

We’ve seen the summer favor buyers before, but not quite like in June this year. The last time we even got close to a near-universal absorption rate drop like we saw last month was in July 2023. Back then, 10 of our 12 neighborhoods dropped closer to the buyer’s favor. But in June 2024, only a single neighborhood moved further into the seller’s favor. And that neighborhood onl...

• calendar_month July 2, 2024
• category Absorption
• post California, Current Real Estate, Housing Market Update, Los Angeles, resources