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Absorption Rate Analysis – September 2023: Things Look Up for Buyers as Absorption Rates Sink Down Current Real Estate, Industry, Local News, RE News October 2, 2023 Seth Styles and Harout Keuroghlian Temperatures in SoCal may be about to rise again, but September was, appropriately enough, all about the fall. And we’re not...
Californians Can Buy and Sell ADU Homes Like Condos Thanks to AB 1033 It’s a great time in California to own an ADU. Last year, our government made it easier than ever to build authorized accessory dwelling units (ADU's). But now, thanks to Assemblyman Phil Ting’s (D-San Francisco) recently drafted Assembly Bill 1033, it’s becoming just as easy to sell these units ...
While the real estate industry is still reeling from a federal jury’s decision to rule against the National Association of Realtors, October’s absorption rates may be feeling like the calm before the storm. There may be candy wrappers blowing gently off the streets on November 1. But October brought no tricks or treats to the Greater Los Angeles area’s housing market...
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...
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...
