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housing market

U.S. Buyers Own Nearly 6,000 Seoul Apartments, 60% in Han River Belt

A total of 5,678 Seoul apartments are owned by U.S. nationals, including Korean Americans, according to data released by Jun-Ho Jung of the Democratic Party....

LA Apartment Supply Hits 10-year Low; Rents Stay Near Peak

New apartment construction in Los Angeles has fallen to its lowest level in a decade, underscoring that the LA apartment supply has hit a...

New Home Sales Soar on Builder Discounts, 3-Year High

New home sales rose sharply in August as builder incentives and discounts drew more buyers. The annualized pace reached 800,000, up 21% from 664,000...

Townsizing trend drives travel and homebuying shift

The lifestyle changes brought on by the pandemic, coupled with rising living costs, are rapidly fueling the spread of the “Townsizing” trend. Townsizing refers to...

LA Home Costs Exceed Income, Ranks Worst in US

Los Angeles has been ranked the least affordable metro area for homeownership in the United States, with housing costs surpassing median household income, according...

California Homebuyers Need 10 Years to Save for Down Payment

Middle-income earners in California need more than 10 years of consistent savings to afford a home, according to a new report by Leave the...

California Top 8 of 10 Most Expensive U.S. Housing Market

Home prices continued to climb across the United States in the first quarter of the year, with 8 of the 10 most expensive metro...

Koreatown Real Estate Rises 55% in 8 Years, Matching LA County Average

Koreatown property prices—including homes, commercial spaces, and buildings—rose by more than 55% between 2016 and 2024, closely aligning with the overall LA County average,...

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...

LA Koreatown Housing Market Shows Signs of Recovery

The housing market in LA Koreatown showed signs of growth in February, with more homes changing hands compared to last year. A total of...

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