REAL ESTATE MARKET UPDATE SEPTEMBER 2023
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The Federal Reserve has said they will not increase rates this month but indicated there will probably be one more increase this year. This suggests the Fed is edging toward a peak in the series of rate hikes it unleashed in March of 2022. This unprecedented series of rate increases… Read More
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
The Unicorn Years vs. Today’s Real Estate Market in New York
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We’re going through an unusual time now and as far as the real estate, and housing market statistics go because the years 2020 to 2022 are becoming what they’re calling the unicorn years unusual time period. We had droves of first-time buyers and second-time buyers trying to take advantage of… 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