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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...
Thursday, January 11 was a momentous day for JohnHart Real Estate as our leadership team hosted our one-off {RE}VOLUTION event. At an undisclosed Glendale location, we introduced our agents to not one, not two, but six revenue streams. Experts presented opportunities, shared ideas… threw beach balls. You just had to be there. But the launch of a new company committed to transfo...
The key to making top dollar when selling your home isn't a secret—it's all about discipline and effort. Many people cut corners, resulting in lower potential prices. Don’t be one of them. In my years in real estate, I’ve seen countless examples where smart, well-placed investments of time and money have significantly boosted sales prices and sped up sales. This gui...
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...
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 ...
Navigating the complexities of the IRS tax code, especially concerning 1031 Exchanges, can be challenging. Here’s a straightforward guide to help you understand which properties qualify for a 1031 Exchange, allowing you to defer capital gains taxes effectively. Defining Like-Kind Real Property Like-Kind Property: Properties held for: Productive use in a trade or business,...
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...
If you’re thinking about buying a home, you’re probably picturing clean interiors, beautiful flooring, modern appliances and your personal style reflected in every room. There’s also a good chance that old carpeting, outdated design and inefficient energy systems are not on your list — so get ready to say no thanks to used and get everything you really want when you buil...
As we approach the end of the year and look ahead to 2024, savvy investors are eyeing strategic opportunities to maximize their real estate portfolios. One such strategy, the 1031 exchange, is gaining significant traction. This tax-deferred transaction isn't just a powerful wealth-building tool; it's a gateway to potentially greater returns and financial flexibility. What i...
The recent Los Angeles fires serve as a stark reminder of the importance of disaster preparedness. The scenes of devastation and displacement underscore the need for every individual and family to have a comprehensive plan in place, starting with a well-stocked "go-bag." This isn't about succumbing to fear, but about empowering ourselves with the tools and resources to navigate em...