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Canoga Park Market Update

Hot hot hot! Canola Park, from statistics, is a major sellers market. There is currently only 10 active listings at a median price of $689,950. The median price per square foot comes in at $546.    Homes on this market do not sit for too long! A total of 7 homes were sold at a median price of $660,000. The average days on the market is roughly about 18 days!    When&...

Panorama City Market Update

Here is a quick rundown of how the market in Panorama City fared in the month of September.  There are currently a total of 35 active listings at a median list price of $790,000. Most of the homes on the market in this area have 3 beds and 3 baths. The median square footage of the homes are 1,739 square feet and a 5,648 square foot lot size.  In the month of September, 11 homes ...

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The 11 Most Attractive Features of Homes for Sale in Los Angeles

If you’re planning on selling your house, it’s not a bad time to brush up on the most attractive features of homes for sale in Los Angeles. After all, our housing market is fairly unique when compared to the rest of the country. While some of these alluring details are time-tested favorites others are a bit more fluid and subject to trends. However, even if your home doesn’t o...

Burbank Market Update - October 2022

Here is a market update and absorption rate for North Hollywood in the month of October 2022   Active Listings - 63 Median List Price. - $1,295,00 Average Price Per Sqft - $774 Homes Sold Last 30 Days - 40 Average Days on Market - 13 Days Median Sales Price - $1,150,000 Absorption Rate - 63%   What is an Absorption Rate?  An absorption r...

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Resale Value is the Top Consideration When Browsing Los Angeles Condos for Sale

We love helping unite people with their first home. But in LA’s competitive housing market, not everyone is financially prepared for home ownership. Does that mean the door to real estate investment is closed to them? Not exactly. The city’s inventory of condominiums provides a means of securing your own place while avoiding the hefty investment of a freestanding home. But before yo...

Absorption Rate Analysis: November 2022 Underscores That the Success of Los Angeles Homes For Sale Varies Widely By Neighborhood

November’s Absorption Rates artfully illustrate the night-and-day diversity of markets around the Greater Los Angeles area. Those who have been following this column will easily recall how October showed all (but one!) neighborhood drop toward a buyer’s market. And this was after watching several neighborhoods continuously edge further into the seller’s favor. But November kep...

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6 Money Wasting Ideas to Avoid When Remodeling a Kitchen

Kitchen remodels are always popular as this is usually everyone’s favorite place in the house. The pandemic increased home improvement projects even more as people embraced the idea of staying home over the past couple years. There is so much to be considered when remodeling a kitchen and if you aren’t careful, you can definitely go way over budget. While it’s super eas...

Absorption Rate Analysis December 2022: “Surge” is the Word for Selling Houses in Los Angeles

If the end of 2022 is anything to go by, it’s certainly a happy new year for those selling houses in Los Angeles. The absorption rates for each of our neighborhoods surged deeper into a sellers market in December with the exception of one. Some of those surges were negligible. But one neighborhood made the most aggressive jump we’ve ever seen since we started tracking absorption rat...

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2023 Home Décor Trends – More is More!

2023 Home Décor Trends – Bring on the Excess! For the past few years, the common theme in the home décor space was ‘Less is More’.  This is not the case for 2023 home décor trends.. All of the home décor inspo social media pages were showcasing clean rooms with minimal décor.  Everything felt fresh and renewing.  There is no...

Absorption Rate Analysis: January 2023 – Is the Los Angeles Housing Market Making Big Shifts or Treading Water?

At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Northridge and Burbank. Then there was a significant drop in Encino which we’ll also examine a bit more in just a moment. That’s not to detract from decent bumps further into seller&rs...