Housing
Won’t See Home Prices Dropping Anytime Soon
8 Reasons Why We Won’t See Home Prices Dropping Anytime Soon
Featured image of Won’t See Home Prices Dropping Anytime Soon

If you’re looking forward to home prices dropping in the near future, you may want to read this. Our CEO, founder, and principal broker Harout Keuroghlian recently made clear his belief that we’re not going to be seeing home prices reduced by much, if any, in the foreseeable future. And when Harout has a “belief”, you can count on it being more of an educated guess. ...

Business Plan
Tips for building your 2023 real estate business plan
2023 business plan

When it comes to real estate, business planning is one of those activities that agents either despise or don’t know where to begin. We’re told it’s important, but we’re not exactly sure why. It’s been my experience that agents who set goals and execute those goals increase their business by 25%-50%! That’s no joke and nothing to take lightly.   ...

Absorption rate
August Absorption Rate 91214 Featured image of August Absorption Rate 91214

       In Glendale, 91214 there are currently 31 active listings with a median list price of $ 1,175,000 averaging $ 804 per sqft. A total of 122 homes sold in August with an average of 11 days on market at a median selling price of $1,317,500. That's an absorption rate of 47%. Anything over 20% means a healthy market.       This will give you...