Long Island Fun Facts Friday

Hello Sheila and Larry - conditions in real estate can change, city by city - neighborhood by neighborhood and even street by street.  Such insight can be very valuable.  

Home sellers are in very good hands when they seek your professional real estate advice and assistance.

Yes, sellers definitely have the advantage in a seller's market! Good information for your future sellers and buyers.

Good morning Larry and Sheila. Many people benefited from the low interest rates of a few years ago and refinanced. Now, they are prisoners of their mortgage rate. Those who can or need to sell have been doing so. That said demand is still there and listings are dwindling. It looks like it will continue to be a sellers market in many areas of the country. Enjoy your day.  

Good morning, Sheila and Larry. Was just having this conversation with a client yesterday, who is thinking about moving across the border into SC. He said he thinks he wants to wait until it's more of a buyer's market and I reminded him that right now it's a great seller's market for him... so he can wait for a better buyer's market, but it will probably impact his sale price on his current home.

You have described a seller's market perfectly!  Your clients are so lucky to have you as a resource on Long Island!

Good morning Larry and Sheila,

I like you Fun Facts for Real Estate in Long Island. You Facts for a sellers market is spot on!  If your thinking of selling there is only one number to call Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400!!

If interest rates do click down, I think all hell may break loose in the market. Even the fence sitters will jump in.

The wave the market has enjoyed for the last 3+ years is a seller's market the likes of which have never been seen before and makes for a very frustrating period for buyers. And with no immediate end in sight.

Hi Larry and Sheila- we can't assume that buyers or sellers understand all of the facts or terms in real estate!!! Good idea to keep your customer base informed.