For most of the past decade, buyers in New York City’s outer boroughs focused first on finding a home they could afford, then figured out how to pay for it. In Queens, that sequence is reversing, according to Jonathan Ettricks, a Realtor with Berkshire Hathaway HomeServices Laffey International Realty who works across Queens, Brooklyn, the ...
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First-person real estate news from the verified agents, lenders, and operators working Queens. Original local reporting from KeyCrew Media, not aggregated hot takes.
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Queens homebuyers are no longer focused on trading up to bigger houses. Increasingly, those who bought their first home five or ten years ago are now looking to purchase properties that generate income. Instead of a larger single-family home, repeat buyers are targeting multi-family houses, small apartment buildings, and commercial properties as their next step. ...
Investors acquiring residential and multifamily properties in Queens often proceed with purchases without conducting thorough structural inspections, according to Stella Shalamova, Sales Representative at EXIT Realty First Choice. The gap between marketing claims of “good deals” and issues uncovered during inspections, such as foundation damage, deferred maintenance, and hidden repair costs, can expose buyers to ...
Broad statements about Queens real estate often overlook how individual neighborhoods respond differently to rising interest rates and economic pressure. According to Stella Shalamova, sales representative at EXIT Realty First Choice, some Queens neighborhoods saw only minor price declines during the 2008 market collapse, while others are experiencing larger corrections in the current cycle. This ...
The Queens residential real estate market is undergoing a clear shift, with longtime homeowners increasingly becoming property investors. This change is driven by life-stage transitions, accumulated equity, and evolving market conditions, reflecting a broader trend across New York’s outer boroughs. Established residents are leveraging the equity in their primary homes to expand into multifamily and ...
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Most small markets have a dominant property type. Angola, a village in Erie County near the southern shore of Lake Erie, has village homes, rural properties with acreage, manufactured homes, and lakefront houses all packed into a radius small enough that a buyer can tour four completely different housing categories in a single afternoon. That ...
Two large-scale municipal bets are converging in Rochester, New York: the city is replacing a mid-century expressway loop that cut downtown off from surrounding neighborhoods, and it is overhauling its entire zoning code and map to better match how properties are actually used. The first effort has already produced visible results. The second is now ...
Most housing markets describe low inventory as a supply problem. In Hartsdale, a small community in lower Westchester County about 30 minutes north of Manhattan by train, the shortage is a turnover problem, according to Rey Hollingsworth Falu, broker at Hollingsworth Real Estate Group. Homeowners who locked in mortgage rates between 2.5% and 3% during ...
New York City’s housing conversation centers on building more. In South Brooklyn, a less visible shift is adding to the complexity of the situation: the small, family-owned landlords who provided the most stable rental housing in these neighborhoods are selling off their properties. What replaces them is not more housing but a different kind of ...
Home buyers in the Jamestown, New York, area are running into an unexpected obstacle in 2026 – and it is not the home inspection. It is the appraisal. According to Heather Shea-Canaley, a licensed real estate agent with ERA Team VP Real Estate in the Jamestown and Chautauqua County area, appraisers have grown noticeably more ...
Six months ago, homes in and around Jamestown, New York were moving fast regardless of price. That’s no longer the case. A clear divide has emerged: properties listed under $150,000 are still attracting quick offers, while homes above that threshold, including rural listings with acreage that would have sold rapidly earlier this year, are sitting ...
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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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