The Mid-Wilshire neighborhood in Los Angeles has seen notable real estate activity this past July, 2024, with an absorption rate of 45%. For those unfamiliar with the term, the absorption rate is a key metric used in real estate to measure the rate at which homes are sold in a specific market over a given period. A balanced market typically has an absorption rate of around 20%, so at 45%, M...

• calendar_month September 6, 2024
• category 90036
• post Absorption Rate, Community Impact, Governor Newsom, Homelessness Crisis, JohnHart, JohnHart Real Estate, Los Angeles Housing Market, Luxury Homes, Mid Wilshire Real Estate, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Property Values, Real Estate trends