August 2023 Real Estate Market Update
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Lawrence Yun, Chief Economist for the National Association of Realtors, stated in his latest report that the housing recession is over, but the recovery has not taken place. Housing inventories remain at historic lows, down 13.6% nationally from even last year’s low levels. Buyer demand is there, however, as evidenced… Read More
FOUR IMPORTANT POINTS FOR TODAY’S SELLERS IN NEW YORK
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-Be Sure Your Home Is In Good Condition During the pandemic, buyers overlooked a lot as they were looking to take advantage of low interest rates and move to satisfy a different set of lifestyle issues. Now we are in a housing recession, as many experts say, driven by interest… Read More
What are we watching in Real Estate in 2023?
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All right here we are in January 2023 so let’s take a look at the real estate market and see where we are what we’re watching for 2023 for the year and certainly what you can do for your planning. So I would tell you that the market ending 2022… Read More
What’s Expected for the housing market in Queens and Long Island in 2022?
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Inventory Shortage: As we can see from our local stats the number of homes for sale is down from previous years. It is felt this could take several years for these levels to normalize nationally. Low-Interest Rates: Even though the Federal Reserve has plans to increase interest rates three times… Read More
THIS POST- PANDEMIC WINTER SALES SEASON WON’T BE LIKE PAST WINTERS!
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This winter’s market will offer opportunities for both buyers and sellers. Danielle Hale, Chief Economist for Realtor.com predicts this post-pandemic winter season will see plenty of buyers looking to purchase. Lawrence Yun, Chief Economist of the National Association of Realtors says there will be more sales this winter than reported… Read More
Buyers/Homeowners: 3 Things To Know About Today’s Market!
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For Buyers: – Don’t Miss Out On This Fall’s Opportunity! For Homeowners: What’s Your Best Move – Renovate or Relocate? During the fall season we normally see fewer homes come on the market. This fall we are seeing more homes come on the market and a slight rise in inventory… Read More
September 2021Queens/Long Island Real Estate Update
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The real estate market has calmed down from the hectic early spring sales period, but no “crash” appears in sight according to all the experts. The market appears to be normalizing with more homes and apartments coming on the market for sale, but there is still strong demand driven by… Read More
July 2021 Residential Real Estate Market Update & Preparing Your Home For Top Dollar
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In this video, we sit down with Helen Keit of The Keit Team® at Keller Williams Realty Landmark for some updates on the current real estate market and on how to prepare your home for top dollar! July 2021 Residential Real Estate Market Update & Preparing Your Home For… Read More
January 2021 Residential Real Estate Market Update
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REAL ESTATE MARKET UPDATE FOR QUEENS & NASSAU COUNTIES, NY – 1/2021 The residential real estate market for Queens and Nassau Counties has continued to be very active since July, 2020, almost making up for 3 months of closure earlier in the year due to the Covid-19 pandemic. Read More
3 Important Real Estate Trends Going Into 2021
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Happy Holidays and a Happy New Year! Here are 3 important Real Estate trends that the experts say we will see in 2021. Interest rates will remain low but they will probably increase to no more than 3 – 3.25. Average sales price should not increase more than… Read More