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Harvard Heights July 2024 Market Update: Absorption Rate and Homeless Encampments Policy

Market Overview For July 2024, Harvard Heights (90006) has an absorption rate of 14%. This metric is calculated based on 14 active listings and 2 properties sold during the month. The average sales price was $924,500, and properties typically spent 23 days on the market (DOM). Impact of Governor Gavin Newsom's Homeless Encampment Policy In a significant move, Governor Gavin...

July 2024 Market Update for Koreatown, 90005: Absorption Rate and Homeless Encampments Policy

Absorption Rate Analysis As of July 2024, the absorption rate for Koreatown, 90005 stands at 25%. This figure is derived from the current 8 active listings and 2 properties sold over the past month, with an average sales price of an astounding $5,340,000. The exceptionally high average sales price can be attributed to the significant lack of inventory in the area, leading to heightened c...

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What's in That Produce Mist?

Have you ever wondered about the liquid mist that your kids enjoy playing with in the produce section of the grocery store? While it might look like simple water designed to keep vegetables fresh and cool, it’s actually a bit more complex. Let's dive into what this mist really is and why it’s used. The Purpose of the Produce Mist The misting systems in grocery stor...

The Future of Identification

As technology advances, many aspects of our daily lives are becoming digitized, and identification is no exception. Digital licenses and IDs are emerging as a convenient and modern solution for identification purposes. But are they safe? What happens if you lose the device on which your digital license is stored? Can you transfer or access it from another device? Let's dive into the wor...

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The Fascinating History of Addresses

Have you ever wondered about the story behind the numbers and names that define our homes and businesses? Addresses are an essential part of modern life, enabling us to locate destinations with ease. Let's dive into the history and mechanics of addresses and discover how they've evolved over time. Origins of Addresses The concept of addresses can be traced back to ancient ...

The Fascinating World of American Tires: How They're Made, Regulated, and More

Tires are one of the most critical components of any vehicle, playing a vital role in safety, efficiency, and overall performance. But how much do we really know about the tires we rely on every day? Let's dive into the world of American tires, exploring their production, regulation, and some intriguing facts that may surprise you. How Are Tires Made? The tire manufacturing pr...

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The Great Tortilla Debate: Corn vs. Flour Tortillas

Hello, I'm Nathan Derry with JohnHart Real Estate, and today, we're diving into a topic that's as essential to your taco experience as the filling itself: tortillas. Specifically, we're talking about the age-old rivalry between corn and flour tortillas. Why are there two different kinds, and which one is most preferred? Grab a margarita and let's explore! The Origins ...

The Hidden Danger of Hair Clips While Driving

Hey everyone, Nathan Derry here with JohnHart Real Estate. Today, I want to bring your attention to a surprising yet important safety concern for women who drive: the potential dangers of wearing hair clips. While hair clips are a common and convenient accessory, they could pose a serious threat in the event of a car accident. Let's dive into why this is the case and how you can stay sa...

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The Facts About Grounding Sheets: Benefits and Risks

Hi, everyone! Nathan Derry here with JohnHart Real Estate. Today, I want to talk about something that has been gaining attention lately—grounding sheets. These sheets, also known as earthing sheets, claim to offer numerous health benefits by connecting your body to the earth's electric field while you sleep. But what are grounding sheets, and do they really work? Let’s dive ...

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 ...