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Absorption Rate Analysis: June 2023 Sees 5 Record Highs

  While June’s absorption rate statistics favored surges further into the seller’s market (no shock there), we saw a bit more balance than May’s brutal surge-fest. For one, June’s most aggressive climb was nine percentage points; a far cry from the vicious 15% lunge we saw in Upland in May. Also, while we only witnessed two communities drop closer to a buyer&...

Absorption Rate Analysis: July 2023 is Dropping It Like It’s Hot… Because It Is

    Leave it to the hottest month on record to deliver a breath of fresh air to Southern California homebuyers. While it’s not exactly unanimous, 10 of the 12 neighborhoods we monitor dropped closer to a buyer’s favor. And we’re not talking about minor drops in most cases. One neighborhood even sank a surprising 18 percentage points! Of course, we...

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The City of Rancho Cucamonga Secures Funding for September 11 Memorial Park

  With September 11 coming up, our thoughts no doubt return to that fateful day in 2001 that shifted the country if not the world. It was an experience that sent ripples of existential dread and sadness far and wide. While the events of September 11, 2001 happened on the other side of the country from the city of Rancho Cucamonga, the impact shook the community there as it did with ...

Blending a Real Estate Agent and Loan Officer, the AMLOsm is the Future of Real Estate

  If you missed JohnHart’s {RE}VOLUTION event yesterday, you’ll likely be hearing some of our plans trickling out to the public over the weeks. One of the most hotly discussed topics after the presentation was the introduction of JohnHart’s and Golden Coast Finance’s AMLOsm: a plan that would see qualifying agents potentially multiply their commissions while ...

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The Downtown Chocolate Shop Los Angeles Historians Love is Short on Sweets… But Big on Vision

Featured image credit: Omgivning Perhaps as a deeply inadequate escape from the stresses of the first World War, hot chocolate was all the rage in Los Angeles in 1914. Through this fad, new life was etched into the very walls of a formerly non-descript four-story building that remains standing today at 217 West 6th Street. While the fragrance of melted chocolate blew away decades ag...

Waking Up to the Reality of the California Dream For All Program

Originally published on April 25, 2023 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 disperse...

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Blending a Real Estate Agent and Loan Officer, the AMLO℠ is the Future of Real Estate

  If you missed JohnHart’s {RE}VOLUTION event yesterday, you’ll likely be hearing some of our plans trickling out to the public over the weeks. One of the most hotly discussed topics after the presentation was the introduction of JohnHart’s and Golden Coast Finance’s AMLO℠: a plan that would see qualifying agents potentially multiply their commissions while...

Absorption Rate Analysis – February 2024: Not the Expected Slingshot Into Seller’s Territory

  February’s come and gone and we have to say it wasn’t quite the expected mad dash deeper into seller’s territory. Typically, when we see a nearly unanimous drop toward the buyer’s favor like what we witnessed in January, it’s just the beginning of the slingshot being pulled back. The next month is almost always a severe snap in the opposite direction....

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JohnHart Finds the Essence of Glendora Real Estate with a New Location

  Glendora real estate is getting redefined. JohnHart Real Estate proudly opened its much-anticipated Glendora office with a ribbon-cutting ceremony on Thursday, April 25, inviting the community to get a first look at an office that visually matches our unconventional real estate ethos. Innovation has always been second nature at JohnHart. But our Glendora office created a unique op...

Absorption Rate Analysis: April 2024 – More Houses for Sale in Los Angeles But the Surprises End There

  April 2024 brings more of that same energy we saw in March as the industry shakes off the accumulated frost of the holiday hibernation. A lot of our communities continued to climb further into the seller’s market, though with less severity. One neighborhood really ingratiated itself to sellers with a double-digit surge. But it was a usual suspect (we’ll get to that in ...