KeyCrew's Consumer Real Estate Coverage
When a housing market loses its outside buyers, prices feel it. That is the situation unfolding in Topanga Canyon right now, where a series of disruptions over the past two years has filtered the buyer pool down to people who already know the area, and shrunk it considerably. Agents working the canyon say the implications ...
First-time buyers in Conway, Arkansas, are running out of options, and the problem is more structural than cyclical. The forces squeezing entry-level buyers are not temporary, and buyers hoping conditions will ease soon may be waiting a long time. Emily Walter, executive broker and team lead at The Emily Walter Team under RE/MAX Elite, has ...
Thousands of people relocate to Florida every year without a clear picture of what owning a home there actually costs, and the gap between expectation and reality can be expensive. The sticker price on the home is only the beginning. Agents who specialize in out-of-state relocation are flagging a consistent pattern: buyers arrive focused on ...
Scroll through any real estate site in South Florida right now, and you will see a growing number of properties flagged as pre-foreclosure or carrying a lis pendens notice, a legal filing indicating a pending lawsuit, often related to mortgage default. It looks like a pipeline of distressed deals building up. But agents working the ...
The East Bay housing market is not one market right now; it is two, and they are behaving like strangers. At the high end, buyers with strong stock portfolios are spending freely, pushing sale prices past comparable homes. At the entry level, first-time buyers in the million-dollar range are hesitating, held back not by price ...
In a county with roughly 1.9 million taxable parcels, the vast majority of homeowners never challenge their assessed value. Property tax attorneys in the Chicago area say that inaction is far costlier than a failed appeal. The argument is simple: filing an appeal has no downside and a meaningful upside, yet most people skip it ...
If you own an older home in the Jacksonville or St. Augustine area and are thinking about a major renovation – expanding for a growing family, adapting for aging in place, or updating a property built decades ago – you may find the process takes longer than expected. One reason has nothing to do with ...
In New York’s Capital Region, a growing number of home buyers are making a choice that would seem counterintuitive in most markets: voluntarily signing up for an eight- to ten-month wait for a home that does not yet exist. The reason, according to agents working the ground there, is simple math. When resale inventory stays ...
Along the shores of Keuka Lake and Seneca Lake in upstate New York, real estate operates on a different frequency than the surrounding region. While much of the Southern Tier has settled into steady, modest appreciation, lakefront properties continue to draw bidding wars, sell above asking price, and attract buyers paying cash. For investors eyeing ...
When a housing market softens, the instinct is to blame prices. Sellers priced too high. Buyers can’t afford current levels. Cut the price, move the home. But agents working the Fort Pierce and Port Saint Lucie corridor on Florida’s Treasure Coast argue the real bottleneck isn’t price; it’s employment. Without a deeper job base, the ...
In most housing markets, the home that sold down the street gives you a reasonable sense of what yours might fetch. In Greater Boston right now, that logic has broken down. Two nearly identical listings on the same block can produce wildly different outcomes, one drawing a bidding war, the other sitting for weeks with ...
A year or two ago, almost anything listed in Jupiter or Palm Beach Gardens sold fast. Today, agents working those zip codes describe a market that has split cleanly in two: turnkey homes still move, while properties that need renovation sit. The dividing line is no longer just price or location; it is condition, and ...
For decades, buying a rental property in the San Francisco Bay Area looked like a sure thing. Prices climbed, rents rose, and a two- or four-unit building could generate income while appreciating steadily. That calculus no longer holds. Expanding rent control laws and tenant protections have made multi-unit rental investing in parts of Silicon Valley ...
When buyers relocate to the Buffalo area, they tend to gravitate toward the same well-known suburbs: Amherst, Williamsville, and the established neighborhoods of North Buffalo. Grand Island, sitting on a river island accessible only by bridge, gets overlooked by people who did not grow up near it. Agents who work the area say that oversight ...
