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Mid-Wilshire Market Update

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...

National Grandparents Day: A Time to Celebrate Tradition and Create New Memories

Hi everyone, Nathan Derry with JohnHart Real Estate here. As National Grandparents Day approaches, I can't help but reflect on the incredible impact our grandparents have on our lives. I was lucky enough to grow up knowing all four of my grandparents well into my mid-20s, and the memories I created with them will stay with me forever. But if I’m being honest, there's one grand...

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The Rise of Robots in Everyday Life: Are We Living in the Age of The Jetsons?

  In recent years, we've seen a remarkable rise in the use of robots and artificial intelligence (AI) across various industries. Tasks that were once the domain of human workers are now being performed by robots, from food deliveries and sorting mail to stock trading and even driving cars. The pace at which these changes are happening has sparked a mix of excitement and concern. As ...

The Unsung Heroes of Our Ecosystem

When we think of vital players in our ecosystem, our minds may quickly jump to bees, earthworms, or trees. However, there is a lesser-known, often overlooked group of tiny creatures that plays a crucial role in maintaining the health of our environment: isopods, affectionately known as "roly-polies." As a real estate professional who cares deeply about our planet, I want to shed s...

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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...

Friday the 13th: The Case of the Disappearing Blog Post!

Where did this come from? I had a perfectly written blog post all set for today. It was a masterpiece—well, at least in my mind. And when I went to do some final edits, it was mysteriously missing! Gone. Vanished. Like it packed its bags and moved to another dimension. What are the odds? Let me point out... I don’t believe in superstitions. Black cats? Pfft, cute pets! W...

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The Growing Trend of Family Compounds: Building Generational Wealth and Beyond

In recent years, the concept of family compounds has gained significant traction, especially among those seeking to create lasting legacies and secure their financial futures. But what exactly is a family compound, and why has it become such a popular choice for families across the country? Let's delve into the reasons behind this growing trend, the potential tax benefits, and how it se...

The Buzz on Mosquito Sprays: How Effective Are They?

Mosquitoes can quickly turn a peaceful outdoor gathering into an itchy nightmare. So, how do mosquito sprays hold up in the battle? Are they safe for your skin and the environment? And what should you use for your little ones? How Effective Are Mosquito Sprays? Mosquito sprays, especially those containing DEET and picaridin, are known for their effectiveness. DEET, in particular, ...

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The Retail Apocalypse: Is Amazon Taking Over?

Over the past few years, an unsettling trend has emerged—retail stores are closing their doors at an alarming rate. From small local businesses to iconic department stores, brick-and-mortar shops are struggling to keep up with the rapid shift toward online shopping. What’s driving this change? Is Amazon taking over, and are we moving toward a future where shopping happens entire...

Understanding California Proposition 19: A Game Changer for Home Buyers, Sellers, and Generational Wealth

As we approach September 19th, it’s important to take a moment to recognize the lasting impact of California Proposition 19 (Prop 19) on the real estate landscape. Whether you're buying or selling a home, or thinking about how your property might contribute to generational wealth, Prop 19 could open new opportunities for you. Hi, I’m Nathan Derry with JohnHart Real Estate...