Over the past five years there have been approximately 28,000 homes sold on Long Island, on average each year and nearly 60% of the US population moves every year. Ever wonder why? We look at some of the reasons people have for moving.
Understanding a real estate team’s marketing and advertising plan is important, especially when days on market are so short.
As we enter the summer we are seeing inventory increase across Long Island. Our newest Market Data and New Listing Search Pages provide a snapshot of the market data for residential real estate in Bethpage, Freeport, Hempstead, Levittown, Uniondale and Valley Stream.
Real estate is stressful for clients and customers even without COVID19. So, we’ve created a plan for both Buyers and Sellers. We are still working, albeit virtually, and we are selling homes and closing deals during the crisis.
Should I list my home now or wait? The fact is that now is a great time to be a seller. Prior to the outbreak the inventory in Nassau County and Queens were historically low. Inventory in Brooklyn, especially for single family homes, was the lowest we have seen in years. Coupled with low mortgage rates the buyers were in market and ready to purchase.