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Tarzana, CA Condo Market Report for October 2023

As we enter the fall season in 2023, the real estate market in Tarzana, CA continues to be dynamic and competitive. In this blog post, we will explore the absorption rate for condominiums (condos) in Tarzana for the month of October 2023. This valuable metric provides insights into how quickly condos are being sold in this vibrant market. Absorption Rate Overview Absorption rate is a ...

The Housing Market is NOT Going to Crash!

November 9, 2023  Harout Keuroghlian 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 hous...

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Remembering the Golden Age of the Great Los Angeles Mall!

November 22, 2023  Seth Styles Here in the delivery age, it’s hard to communicate how vital the great American shopping malls felt during their heyday. Perhaps it’s a testament to capitalism, but for a teenager growing up in America, a visit to the mall was actually an emotional experience. It went beyond the dopamine rush of consumerism. It was a social exper...

Los Angeles Architecture 101: Streamline Moderne

November 30, 2023  Seth Styles The speed of architecture may not be exactly white knuckle. Especially from our point of view in modern Los Angeles where construction for even a modest building can take ages. But an offshoot of Art Deco, Streamline Moderne, was all about architecture in motion. Streamline Moderne architecture pared down Art Deco’s decadence with a more efficie...

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Absorption Rate Analysis – November 2023

December 4, 2023  Seth Styles and Harout Keuroghlian Last month, we talked about the calm before the storm. Well, we wouldn’t ring the alarms just yet, but November gave us a bit more drama than October with some decent rises and falls across the Greater Los Angeles area. It’s a surprising amount of absorption rate activity for a time when the market is a...

Discover Nature's Beauty!

Nestled in the picturesque landscapes of Southern California, the Sunland/Tujunga area is a haven for outdoor enthusiasts seeking adventure, tranquility, and breathtaking scenery. Boasting a diverse range of ecosystems, from rugged mountains to lush canyons, this region offers a myriad of hiking trails that cater to all levels of hikers. In this blog, we'll explore some of the best hiking t...

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Absorption Rate Analysis: December 2023

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...

Absorption Rate Analysis: Brings a Late Holiday Gift for Buyers

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...

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Absorption Rate Analysis: March 2024

  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...

Absorption Rate Analysis: March 2024

  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...