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Koreatown / 90005 Absorption Rate and Market Insights

Greetings, Koreatown residents and fellow real estate enthusiasts! Nathan Derry here, your friendly neighborhood Realtor from JohnHart Real Estate. As we bid farewell to 2023, let's dive into the dynamics of the local real estate market, specifically exploring the absorption rate for December. December 2023 Absorption Rate: Riding the Waves In the hustle and bustle of Koreatown, t...

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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Navigating Koreatown's Real Estate Landscape: Insights from Nathan Derry

Hey there, fellow real estate enthusiasts! Nathan Derry here, your trusted Realtor, ready to dive into the fascinating world of Koreatown's housing market. Let's talk numbers, insights, and why having the right Realtor by your side is crucial in this dynamic landscape. Absorption Rate Unveiled: 16% March 2024 brought us an absorption rate of 16% in Koreatown, 90005, markin...

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...

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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...

August 2024 Real Estate Market Update: Koreatown, 90005

As we navigate through the dynamic real estate market of Los Angeles, it's crucial to stay informed about current trends and regulatory changes that may impact both buyers and sellers. This month, let's take a closer look at Koreatown, 90005, and discuss the new NAR (National Association of Realtors) law regarding commissions, which is set to reshape the real estate landscape. Au...