The most common misconception among first-time homebuyers has not changed much over the years: they believe they need a large down payment and excellent credit to qualify for a mortgage. In parts of Los Angeles County where median home prices sit around $500,000, that belief keeps would-be buyers on the sidelines, paying rent while assuming ...
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First-person real estate news from the verified agents, lenders, and operators working Los Angeles. Original local reporting from KeyCrew Media, not aggregated hot takes.
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When people talk about what is holding back the luxury housing market in Los Angeles, they tend to focus on interest rates and economic uncertainty. Adam Brawer, a residential agent focused on the west side of Los Angeles, points to a different factor: a local transfer tax that has compounded the rate-lock problem for sellers ...
The conventional narrative about Los Angeles housing centers on scarcity and rising costs. But on the rental side, the story has reversed, and most coverage has not caught up. According to Jesse Sasomsup, Founder & President of Earnest Homes, a residential property management firm operating in Los Angeles since 2015, rents across the city have ...
The traditional office lease, five or ten years, fixed rent, passive landlord, made sense when vacancy in major metros hovered in the single digits. In Los Angeles today, roughly 40% of office space sits empty, according to Jerome Chang, founder and licensed architect of BLANKSPACES, one of America’s longest-running coworking brands. That vacancy rate means ...
Inventory in central Los Angeles keeps growing, but the buyer pool is not growing with it. In neighborhoods like Koreatown, downtown LA, and surrounding submarkets, properties sit longer, open houses draw fewer visitors, and verbal offers come in well below asking – only to evaporate before negotiations begin, according to David Shin, a Realtor with ...
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Original reporting from other California markets on the KeyCrew network.
Renovated properties are sitting on the market longer in many parts of the country, and that alone is enough to break the math that made fix-and-flip investing work. When a rehabbed home used to sell in weeks, the model tolerated thin margins and short holding costs. When it sits for months instead, carrying costs erode ...
In most housing markets, rising mortgage rates hit the top of the price ladder hardest. In the East Bay suburbs east of San Francisco, the pattern has reversed. Homes priced above $3 million are moving faster than those below $2 million – a dynamic shaped by Silicon Valley wealth and a deep base of high-earning ...
For two weeks earlier this year, 30-year mortgage rates dipped below 6% in the South Bay of Los Angeles. Multiple offers materialized on properties that otherwise would have sat, and homes sold for $50,000 to $100,000 over list price. Then geopolitical conflict pushed oil prices and rates back up, and the market cooled just as ...
In a county where land for new construction is increasingly scarce, and supply sits below three months, it might seem like any well-maintained home would sell quickly. But in Orange County, California, a subtler sorting mechanism is separating homes that move in 30 days from those that sit for three months. The difference often comes ...
The financial case for pre-sale renovation is compelling, and for many aging homeowners it can add meaningful value. At the same time, for seniors managing health considerations and firm move-in dates, aligning a 30-day construction window with personal timelines is what turns a strong return into a genuinely great outcome. The Numbers That Make Renovation ...
Non-QM, short for non-qualified mortgage, refers to home loans that do not meet the strict criteria set by government-backed programs like Fannie Mae and Freddie Mac. Real estate investors often use this category when their income doesn’t fit conventional underwriting molds. Most non-QM investment loans are underwritten on a single question: does the property’s rental ...
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Editor-picked local real estate reporting from markets across the KeyCrew Media network.
Spokane’s residential market has settled into a pattern that rewards discipline and punishes nostalgia. Sellers who list based on what they remember from a few years ago – when homes drew multiple offers within days – are finding that the market has moved on without them, according to Kim Hagel-Barkley of The Barkley Group in ...
The gap between Houston’s residential market and its coastal neighbor shows what happens when short-term rental speculation meets a correction. Harris County, Texas, currently has roughly six months of housing inventory – enough to classify it as a balanced-to-soft market where sellers need to price carefully and present homes in strong condition. But the sharper ...
The U.S. rental market built aggressively during the pandemic era, particularly in Sunbelt cities like Nashville, Austin, and Dallas. Now much of that new inventory, especially high-end apartments, is sitting partially empty, competing for renters whose budgets have tightened considerably since construction began. The disconnect is straightforward: developers built expensive Class A apartments in markets ...
In most American markets, holding a property for ten or twelve years builds a cushion of equity. In Manhattan, that assumption no longer holds across large segments of the market, according to Nikolay Afanasyev, Founder & CEO of CITY SPHERE Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Rising building carrying costs, ...
For buyers waiting on the largest purchase of their lives, the appraisal process is one of the last black boxes in a home purchase. Turnaround time isn’t a single number; it’s the sum of scheduling, inspection, report production, quality review, and any revision cycles that follow, and thin appraiser panels and uncontrolled revision cycles are ...
The company has already published over 5,000 articles in collaboration with over 1,800 market experts across all 50 states, powered by a tech-forward approach to research and reporting. MIAMI, FL – July 28, 2026: KeyCrew Media, the expert-sourced real estate news network, today unveiled KeyCrew Local, a network of local real estate news sites and ...
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