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The city of Los Angeles continues its Covid-19 eviction protection saga this week. Yet, it will be Friday before the LA City Council’s vote reveals anything conclusive. For now, we can mull over a list of proposed regulations aimed at shielding tenants from repercussions for unpaid and underpaid rent. The proposals bring new hope for tenants still floundering in the aftermath of the globa...
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests that more buyers are ...
Several weeks ago, some of you received an email from your JohnHart agent about a promising new housing loans initiative. Dubbed the California Dream For All Shared Appreciation Loan, it sought to level the playing field for disadvantaged Californians with aspirations of homeownership. Yet, less than two weeks later, the program has already dispersed all of its funding. And the beneficiaries of...
Hope you’ve been well! I wanted to write you with some exciting news that you likely aren’t seeing in the headlines. You’ve no doubt heard a lot of talk about a housing market crash on the horizon to rival the events of 2008. It’s all over the news. But it’s also not exactly the story… in fact, it’s not even close. There w...
This February is a little longer than usual. It's a leap year, and today — Thursday, Feb. 29 — is Leap Day. The calendar oddity means this year is actually 366 days long, instead of the regular 365. What is the purpose of a leap year? Leap years exist because while the world follows a 365-day Gregorian calendar, it actually takes the planet a little b...
As real estate professionals at JohnHart Real Estate, staying informed about recent changes in security deposit regulations and tenant rights is crucial. This knowledge helps us provide accurate guidance to our clients and ensures that we represent landlords and tenants properly. In this blog post, we'll cover the key updates to security deposit laws and tenant rights that you need to be aw...
Recent reports indicate a notable change in the housing market, with price gains shrinking in many areas and sellers beginning to reduce prices after a stagnant spring season. For the first time since the early days of the COVID-19 pandemic in 2020, the typical home sold for slightly less than its asking price—0.3% lower—during the four weeks ending June 23. This is a significant sh...
