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When you sell your home, it can be tempting to gloss over that leaky plumbing your cousin “fixed.” But this isn’t Craigslist. And California Case Law declares that it’s a home seller’s legal obligation to disclose to the buyer any known material facts impacting a property’s value or desirability. A transfer disclosure statement (TDS) allows a seller to ta...
Over the last few decades, we’ve seen leaps in technology that completely redefined the world as we know it. It stands to reason that technology capable of redefining our global community could be useful in redefining real estate. And for anyone not paying attention, redefining real estate is what JohnHart is all about. We recently broke down how we’re using agent liaisons&...
Rent control in Los Angeles is confusing people; especially with an ongoing state of emergency gripping the city. We witnessed this first hand when we attended the Los Angeles Housing Department’s (LAHD) Wednesday, August 24th webinar. The meeting was primarily packed with landlords as baffled as they were angry. Despite his succinct responses, host Agassi Topchian, a member of the Rent S...
Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our new series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in t...
You shouldn’t just consider curb appeal when selling your home. Rather, it should be a part of your lifestyle. You’re living in your home, so why not enjoy it? Outstanding curb appeal doesn’t just welcome guests. It welcomes you home after a long day. So, if you want to make sure you’re making the most of your personal palace, consider some of these 24 curb a...
Ideally, we’d like to work in a real estate industry in which everybody wins. Easier said than done. But contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably paints more of an “everybody l...
You may not be willing to pony up $75 million for a luxury condo, but the Four Seasons is betting somebody will. That’s the cost of the penthouse crowning their 12-story private residences complex on the border of Beverly Hills. It should come as no surprise that $75 million is well over the record sale price for a luxury condo in Los Angeles. But in a sprawling megalopolis where single f...
The city of Los Angeles continues its Covid-19 eviction protection saga this week. Yet, it will be Friday before the LA City Council’s vote reveals anything conclusive. For now, we can mull over a list of proposed regulations aimed at shielding tenants from repercussions for unpaid and underpaid rent. The proposals bring new hope for tenants still floundering in the aftermath of the globa...
There’s an absurd amount of propaganda about the housing market in the news these days. And it’s not just our clients who are absorbing it. I was watching a video the other day in which a journalist stated we could see a “20% decrease in housing year over year.” But they didn’t elaborate at that point which is deeply irresponsible considering their profession ...
If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28% of all households (36.1 million) are sole-person, and that number is growing. Over the past 40 years, the number of so...
