best long island realtor: Early Spring Will Be the Key Time to Buy or Sell a Home on Long Island - 01/11/24 11:46 AM
If you put your plans to buy or sell your Long Island home on hold in 2023, spring 2024 will be the key time to get back into the market. While last year offered some definite challenges for the housing industry, US real estate is expected to roar back stronger than ever. On Long Island, we’re already seeing signs of renewed interest from home buyers and new listings are hitting the market early. Overall, it’s shaping up to be a great spring for Long Island real estate!
 Sell Your Long Island Home This SpringIs your current home no longer suited for your … (2 comments)

best long island realtor: A Look at 2024: Long Island Housing Market Predictions - 12/04/23 01:03 PM
2023 was another interesting year in Long Island real estate! The year started with robust predictions for the housing market that faltered under increased rate hikes as we headed toward summer, before picking up steam again to close the year right about where those expert predictions thought we’d land. As 2023 draws to a close, we’re now looking to 2024 and what’s ahead for the Long Island housing market.
 
What Long Island Home Sellers Can Expect in 2024In 2023, home prices nationwide rose a modest 3.32%. In 2024, they’re expected to grow another 2.17%. While this might not seem like much, 2024 … (1 comments)

best long island realtor: Home Price Forecast Revised for Q4 of 2023 - 09/20/23 07:17 AM
At the beginning of 2023, many experts predicted that home prices would dip at the end of the year. After months and months of sustained home price growth, it seemed inevitable that this would be the year where we’d see a small change in home prices.
However, 2023 hasn’t gone as predicted. With the Fed electing to raise the Federal Funds Rate four times already in 2023, mortgage interest rates have risen from about 6.5% at the beginning of the year to 7.5% at the time of writing for a 30-year fixed-rate loan. As a result of rising interest rates, many homeowners … (2 comments)

best long island realtor: 4 Reasons to Sell Your Long Island Home This Summer - 06/20/23 08:58 AM
Summer has arrived on Long Island and when it comes to the housing market at least, things look quite a bit different than they did last year. Month after month of red-hot growth has noticeably cooled as inventory remains low and interest rates continue to impact affordability. Yet if you've been thinking of making a move, it's still a great to list your home on Long Island. In our conversations with our clients, we've discovered there are a few main reasons motivating people to put their homes on the market this summer. If any of these resonate with you, don't hesitate … (1 comments)

best long island realtor: What to Expect From the Long Island Housing Market This Summer - 05/02/23 11:23 AM
Spring and summer are usually some of the busiest seasons for the Long Island housing market. When the weather warms up and the school year draws to an end, many people make plans to move, whether it’s purchasing their dream home on the water, downsizing to a smaller property, or relocating to or from Long Island.
Rising interest rates and some economic uncertainty have continued to put stress on the housing market across the country. Q4 of 2022 presented a notable shift in a real estate market that had been red hot for months on end. On Long Island, this shift has … (1 comments)

best long island realtor: Do Holiday Decorations Yield Higher Home Sale Prices? - 12/14/22 06:21 AM
The holidays are here! That means it’s time to unroll the tangle of twinkle lights in the garage, set up the tree or menorah, and give your home a dose of holiday cheer. However, if your home is currently on the market or you’re planning to list in the next couple weeks, you might be hesitating. Do holiday decorations yield higher home sale prices? Or would you be better off skipping the festivities this year and sticking to clean, fuss-free staging?
We’ve sold millions of dollars in Long Island real estate over the years, including many properties during the holidays. If you’re … (3 comments)