Commercial Real Estate
Understanding 1031 Exchanges Featured image of Understanding 1031 Exchanges

If you’re involved in real estate or considering investing, you may have heard about a 1031 exchange. But what exactly is it, and why is it useful? Let’s break it down in plain terms. What Is a 1031 Exchange? A 1031 exchange, named after Section 1031 of the Internal Revenue Code, allows you to sell an investment property and defer paying capital gains taxes on the sale, as lon...

Commercial & Investment Real Estate
Los Angeles Multifamily Rent Increase Update Featured image of Los Angeles Multifamily Rent Increase Update

Last week, I was talking with another apartment owner about rent hikes for 2025, and I was surprised to learn that even experienced investors are unclear on what’s allowed in Los Angeles City versus Los Angeles County. So, I’ve broken it down below to help clear up any confusion and give you the info you need to plan for next year with confidence. Rent Increase Limits If you r...

Commercial Listings
Los Angeles Multifamily Rent Increase Update Featured image of Los Angeles Multifamily Rent Increase Update

Last week, I was talking with another apartment owner about rent hikes for 2025, and I was surprised to learn that even experienced investors are unclear on what’s allowed in Los Angeles City versus Los Angeles County. So, I’ve broken it down below to help clear up any confusion and give you the info you need to plan for next year with confidence. Rent Increase Limits If you r...

calendar_month 11/07/23
2648 Cherry Ave - Signal Hill, Ca | Listed at $3.250.000
Prime Industrial Free Standing Building
Industry News
Here’s Why JohnHart Real Estate is a Hard “No” on California Rent Control Measure Proposition 33 Featured image of Here’s Why JohnHart Real Estate is a Hard “No” on California Rent Control Measure Proposition 33

We want to make it abundantly clear. JohnHart Real Estate is a hard “no” on California rent control measure Proposition 33. If you missed our CEO and principal broker’s powerful message on this decision, allow this blog to elaborate on why we so passionately oppose this deceptive measure.    Photo credit: Envato Currently, several cities a...

calendar_month 06/26/24
Los Angeles multifamily market update
Trends to watch through the rest of 2024.
Housing
Anaheim ranks as most expensive SoCal market for “starter” homes
OC family needs income of $251K, the fourth most expensive threshold in the nation
Featured image of Anaheim ranks as most expensive SoCal market for “starter” homes

Prospective buyers in Anaheim looking to get a “starter home” with a 30-year mortgage at current rates need at least $251,000 in annual household income, the most of any city in Southern California. The data from Redfin shows Anaheim as third-highest in the nation for income requirements, the San Jose Mercury News reports.  California dominated the upper ranks of the...

calendar_month 11/27/23
Best Places To Retire? Pennsylvania Dominates New Ranking As Florida Markets Drop.
Daytona Beach Marks Only Florida Location in Top 10 As Costs, Severe Weather Risks Take Toll
Insight
15 Steps to Succeed as a Commercial Real Estate Agent Featured image of 15 Steps to Succeed as a Commercial Real Estate Agent

Entering the world of commercial real estate as an agent can be both exciting and rewarding. Whether you're just starting out or looking to enhance your career, here are 15 simple steps to guide you towards success in commercial real estate: 1. Understand the Basics: Begin by learning the fundamentals of commercial real estate. Know the different types of properties like offices, retail ...

Multi-Family Market Report
Los Angeles Multifamily Rents See Positive Momentum in 2024
Year-to-Date Growth Matches National Trends
Featured image of Los Angeles Multifamily Rents See Positive Momentum in 2024

After experiencing losses late last year, average asking rents in greater Los Angeles are on the rise. In 2023, average daily asking rents in Los Angeles bottomed out in December at $2.86 per square foot each month. Since then, upward momentum has been sustained, with average daily asking rents up around 1% from the recent low, reaching just above $2.88 per square foot each month. Rent movem...

calendar_month 01/16/23
Multi-Family Submarket Report
Glendale, California
calendar_month 10/29/22
Glendale CA Multi-Family Market Report
October 29,2002
Ecomomy
Construction costs poised to rise up to 6% in 2024 Featured image of Construction costs poised to rise up to 6% in 2024

Today, February 20, 2024 Building costs will rise between 3% and 6% throughout 2024, depending on the market, according to data released Tuesday by cost management firm Currie and Brown.  Builders should plan for construction costs to increase throughout 2024 due to a variety of factors, according to a new study released Tuesday by cost management firm Currie and Brown...

calendar_month 02/04/23
Where People Moved in 2022
Lifestyle
Singapore, Zurich Overtake New York in Ranking of World's Most Expensive Cities
Big Apple Drops to No. 3 on Economist Intelligence Unit's List of Costliest Places To Live
Featured image of Singapore, Zurich Overtake New York in Ranking of World's Most Expensive Cities

Singapore and Zurich pushed New York from its perch as the world's most expensive place to reside as costs rose at a slower pace in the most populous U.S. city, according to a survey from a division of the Economist Group. In tying with Zurich for the top spot this year, Singapore has led the list published in the Economist Intelligence Unit's Worldwide Cost of Living report for nine...

calendar_month 11/27/23
Best Places To Retire? Pennsylvania Dominates New Ranking As Florida Markets Drop.
Daytona Beach Marks Only Florida Location in Top 10 As Costs, Severe Weather Risks Take Toll
Real Estate Industry
The Top 25 Agents of Q3 2023 Featured image of The Top 25 Agents of Q3 2023

Less competition doesn’t make the current housing market any less challenging. Just ask the agents who battled through a vicious third quarter to claw their way onto our Top 25 Agents list. This year has turned a lot of agents away from the industry, from rookies feeling in over their heads to seasoned agents tempted into early retirement. Then, there are those agents who still see their ...

calendar_month 10/12/23
Absorption Rate Analysis – September 2023:
Things Look Up for Buyers as Absorption Rates Sink Down