Blog

Find out everything you need to know about your future agent.

Blog Thumbnail
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...

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...

Blog Thumbnail
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...

Absorption Rate Analysis: February 2023 – New Places, Same Housing Market

After last month’s dramatic (at least at first glance) absorption rates, February’s numbers seemed to move things back to a state of normalcy. Admittedly, “normal” for the Los Angeles housing market would still give a mechanical bull a run for its money. But our agents have learned to ride those bucks and dips without spilling a drop of their coffee. Though it was a much...

Blog Thumbnail
Absorption Rate Analysis: May 2023 – Surprise! More Seller’s Favor Surges

We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with the plummet. But if you thought the era of...

Absorption Rate Analysis – October 2023: The Calm Before the Storm?

While the real estate industry is still reeling from a federal jury’s decision to rule against the National Association of Realtors, October’s absorption rates may be feeling like the calm before the storm. There may be candy wrappers blowing gently off the streets on November 1. But October brought no tricks or treats to the Greater Los Angeles area’s housing market...

Blog Thumbnail
Absorption Rate Analysis: December 2023 – Secretly Good News for Buyers?

As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything beyond that is an assigned meaning that we’ve come to through a mixtu...

Real Estate Trends in Granada Hills: A Snapshot of Current Market Conditions

Granada Hills, a vibrant neighborhood in Los Angeles, exhibits a dynamic real estate market that caters to a variety of home buyers and investors. The recent data from active and closed listings provides a clear picture of the market's behavior and trends. Here’s a detailed analysis based on the latest real estate statistics. Active Listings Overview As of now, there are 44 acti...

Blog Thumbnail
Granada Hills Real Estate Market Update - July 2024

As the summer heats up, so does the real estate market in Granada Hills. Whether you're a potential buyer, seller, or simply keeping an eye on the market trends, the latest statistics paint a vivid picture of the local real estate landscape. Key Market Statistics Active Listings: 47 Median Listing Price: $1,249,900 Price Per Square Foot: $574 Homes Sold: 38 Average Time on ...