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Sylmar Market Update

Greetings from Sylmar in this beautiful October season! As the leaves put on their autumn colors and the air turns crisp, I'm excited to share some valuable insights into the real estate market in our beloved neighborhood. Currently, we have a total of 33 active listings in Sylmar. The median list price is $930,000, making it an attractive opportunity for both potential homebuyers and sa...

The news isn’t covering this…

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...

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The Housing Market is NOT Going to Crash – Here Are 9 Reasons Why

Have you seen the news? Wall-to-wall headlines about the big housing market crash headed your way. You’d think it was a confirmed fact! As the CEO and founder of my own real estate brokerage, and an expert who’s been successfully working in the real estate industry for decades, I have news for you.  There will be no housing market crash. I realize that’s a bold...

Key Updates to Security Deposits and Tenant Rights: What You Need to Know

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...

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Temperatures Rise, Home Prices Cool

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...

Absorption Rate Analysis – August 2024: A Deep Dive into a Buyer-Friendly Month

August 2024 brought a breath of fresh air to home buyers weary from battling a relentless seller's market. While headlines may still scream about market volatility, a closer look at the absorption rate data reveals a more balanced reality. This analysis dives deeper into the August 2024 absorption rates, highlighting key trends and offering insights into what this means for both buyers and ...

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Condo Living:  Warrantable vs. Non-Warrantable - What's the Difference? 

So, you're considering joining the world of condo ownership? Congratulations!  Choosing condo life offers a fantastic blend of convenience and community. But before you dive headfirst into condo hunting, there's an important distinction to understand: warrantable vs. non-warrantable condos. This distinction is particularly important when it comes to securing a mortgage.  Le...