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Navigating the Housing Shortage in Jefferson Park, 90018

Greetings, I'm Nathan Derry, a seasoned Realtor with JohnHart Real Estate, and I'm here to shed light on the current real estate landscape in Jefferson Park, 90018. As of September 2023, we find ourselves in the midst of a housing shortage, with a low absorption rate of 32%. In this blog, I'll explore the reasons behind this shortage and offer some insights into how to navigate ...

Navigating the Mid City Housing Shortage

As we step into September 2023, the real estate market in Mid City, 90019, paints a unique picture. An Absorption rate of 52%, 31 active listings, and 16 homes sold reflect the high demand in the area. Yet, this bustling market conceals an underlying challenge - a housing shortage that's leaving both buyers and sellers in a state of flux. The Mid City Appeal Mid City is a vibr...

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Navigating the Housing Shortage in Palms, 90034

As a seasoned Realtor in the vibrant market of Palms, 90034, I'm no stranger to the challenges and opportunities that come with guiding clients through real estate transactions. In September 2023, we witnessed an Absorption rate of 45%—a statistic that perfectly encapsulates the dynamism of this market. With 22 active listings and 10 properties sold within the same month, the real...

Navigating the Housing Shortage in 90035 - Pico/Robertson

As the calendar flips to September, I can't help but reflect on the ongoing challenges and opportunities in the 90035, Pico/Robertson real estate market. In this month's update, we'll dive into the nitty-gritty of our local market statistics, focusing on the Absorption Rate, Median Sales Price, and the perpetual issue of housing shortages. The Numbers Speak Volumes For...