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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 (ADUs). 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 as ADU homes the way one would sell a condo. It’s a big step toward ...

Navigating the Real Estate Landscape in Koreatown

Greetings, Koreatown residents and fellow real estate enthusiasts! Nathan Derry here, your friendly neighborhood Realtor from JohnHart Real Estate. As we kick off the new year, let's dive into the exciting world of real estate trends in January 2024, with a special focus on Koreatown, 90005. January 2024 Real Estate Recap: Koreatown, 90005 In the dynamic landscape of Koreatown...

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The Benefits of Buying a Historic Home

Hello everyone, Nathan Derry here, your trusted Realtor. Today, I want to delve into the unique charm and significant advantages of purchasing a historic home. Buying a historic property can be a fulfilling venture, but it also comes with its own set of considerations. Let's explore the benefits of owning a historic home, what you need to know before making a purchase, the tax benefits ...

Real Estate Insights: June 2024 Market Update for Pico-Robertson, 90035

Hello everyone, Nathan Derry here, your trusted Realtor from JohnHart Real Estate. Today, I'm excited to share with you the latest real estate market trends for Pico-Robertson, 90035, for June 2024. We'll examine the absorption rate, average sales prices, and discuss the implications of the new California law AB12 on investors. Market Snapshot for Pico-Robertson, 90035 For...

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Real Estate Insights: June 2024 Market Update for Palms, 90034

Hello everyone, Nathan Derry here, your trusted Realtor from JohnHart Real Estate. Today, we're diving into the real estate market trends for Palms, 90034, for June 2024. We'll explore the absorption rate, average sales prices, and discuss the implications of the new California law AB12 on investors. Market Snapshot for Palms, 90034 For June 2024, Palms, 90034, exhibited an ab...

Real Estate Market Insights: West Adams, 90016 - July 2024

Hello, everyone! Nathan Derry here with JohnHart Real Estate, bringing you the latest update on the West Adams real estate market for July 2024. If you’re keeping an eye on the local property scene, you’ll want to know about the current absorption rate and what it means for buyers and sellers alike. Market Overview For July 2024, the absorption rate in West Adams (zip ...

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Real Estate Market Update: Jefferson Park, 90018 - July 2024

Hello everyone! Nathan Derry here with JohnHart Real Estate, bringing you the latest insights on the Jefferson Park real estate market for July 2024. If you’re interested in understanding the current market dynamics and how recent policy changes may impact the community, you’re in the right place. Market Overview For the month of July 2024, the absorption rate in Jeffe...

Understanding the Palms Real Estate Market in July 2024: A Realtor's Perspective

As we dive into the real estate data for Palms, 90034, for July 2024, the market presents some intriguing trends and opportunities for both buyers and sellers. With an absorption rate of 22%, the market in Palms is showing signs of moderate activity. Out of the 40 active listings, 9 properties sold, with an average sales price of $1,380,000, and an impressively low average of just 11 days o...

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Beverly Grove Real Estate Market in July 2024

As we delve into the real estate market data for Beverly Grove, 90048, for July 2024, we see an absorption rate of 9%. This means that only 9% of the available properties were sold during the month. Specifically, out of the 55 active listings, only 5 properties sold, with an average sales price of $2,199,000 and an average of 52 days on the market (DOM). Understanding the 9% Absorption R...