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Navigating the Spring Real Estate Market in Koreatown

Hey there, Koreatown dwellers and prospective homebuyers! As we welcome the vibrant blooms of spring, it's time to dive into the latest Real Estate insights for our beloved 90005 zip code. I'm Nathan Derry, your trusted Realtor with JohnHart Real Estate, and I'm here to shed some light on the current state of the market. Absorption Rate Analysis Let's start with some n...

Understanding the Absorption Rate in Mid Wilshire, 90036 for April 2024

As a seasoned Realtor in the Mid Wilshire area, I've seen firsthand how the local real estate market evolves. For April 2024, the absorption rate in Mid Wilshire, specifically in the 90036 zip code, stood at an impressive 38%. This figure is derived from the 21 active listings and the 8 properties sold within the month, translating to a healthy and active market. The average sales price...

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Beverly Grove Real Estate Market Update: April 2024

As a seasoned Realtor in Los Angeles, it's essential to keep homeowners and prospective buyers informed about the latest market trends. For Beverly Grove, 90048, the real estate absorption rate for April 2024 stands at 21%. This metric indicates that out of 47 active listings, 10 homes were sold. The average sales price was an impressive $2,700,000, with properties spending an average of 46...

Why Offering a High Commission Percentage to the Opposing Agent is a Smart Strategy for Home Sellers

Hello future home sellers! Nathan Derry here, your trusted real estate expert. As you prepare to list your property, you may be wondering about the best strategies to ensure a swift and profitable sale. One often overlooked tactic is offering a higher commission percentage to the opposing agent. Let’s delve into why this can be an effective move and how it can benefit you as a seller....

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Market Analysis for Mid Wilshire, 90036

Hello everyone, Nathan Derry here, your trusted Realtor. Today, I want to provide an in-depth market analysis for Mid Wilshire, ZIP code 90036, for the month of May 2024. Additionally, we'll discuss the implications of the new California law, AB12, and how it could affect real estate investors in our area. May 2024 Market Snapshot for Mid Wilshire, 90036 For May 2024, the Mid Wils...

May 2024 Market Analysis for Pico / Robertson, 90035

Hello everyone, Nathan Derry here, your go-to Realtor for all things Los Angeles real estate. Today, I want to provide a detailed market analysis for Pico / Robertson, ZIP code 90035, for the month of May 2024. Additionally, we'll discuss the implications of the new California law, AB12, and how it could affect real estate investors. May 2024 Market Snapshot for Pico / Robertson, 900...

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Understanding the Palms Market in May 2024

Hello everyone, Nathan Derry here, your trusted Realtor with a focus on the dynamic Los Angeles market. Today, we’ll delve into the real estate statistics for Palms, ZIP code 90034, for May 2024. We’ll also explore the implications of the new California law, AB12, on real estate investors. May 2024 Market Snapshot for Palms, 90034 In May 2024, the real estate market in Pal...

Navigating the New Agent Compensation Law

On August 17th, a significant change in real estate law came into effect, impacting how real estate agents are compensated. The National Association of Realtors (NAR) and other relevant governing bodies have implemented this new law to bring more transparency and fairness to the real estate transaction process. As your dedicated Realtor, I, Nathan Derry with JohnHart Real Estate, want to en...

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October 2024 Market Update for Harvard Heights, 90006: 6% Absorption Rate and a Recipe for a Flavorful Brined Turkey

Hello, Harvard Heights homeowners and future buyers! I’m Nathan Derry with JohnHart Real Estate, bringing you the October 2024 market insights for the historic and charming community of Harvard Heights, 90006. This month, we’re seeing an absorption rate of just 6%, with 16 active listings and only one sold. The average sales price in Harvard Heights sits at $650,000, and prop...

West Adams Real Estate Update: October 2024

Hello, everyone! I’m Nathan Derry with JohnHart Real Estate, bringing you the latest market update for West Adams, 90016, and sharing some practical advice for homeowners as we approach the holiday season. In October 2024, West Adams saw an absorption rate of 28%, with 39 active listings and 11 homes sold. Properties here sold at an average price of $1,500,000 and spent just 16 days o...