LI Podcast

Listen to find out what’s going on with the most important trends of the Long Island housing market for November: prices, contracts, and new listings.

Or Listen On Apple Podcast

What This Podcast Info Means To You

Home Buyers

If you haven’t already, check out the last podcast, especially if you’re thinking of waiting for more listings to come out.

New listings will continue to hit the market, however, it’s just important that you understand the dynamic of the last 10+ years of low rates. It will cause a lot of homeowners to not list their homes so inventory will remain critically low.

Working with an agent who can help you recognize value for your money is huge right now.

Homeowners

The window of the historic sellers market of the last 2 years is gone. That doesn’t mean you’re home can’t sell for a lot of money.

I’m starting to think that by mid-2023, prices could actually start to increase again, especially if rates rise into the high 8’s/9’s and then dip later in 2023 as some experts have indicated. The low inventory will be the saving grace of home values, for now, both locally and nationally.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, knowing your numbers for the type of investment you’re getting into is critical. Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend! If you’d like to leave a message for the podcast you can do so here – Long Island Housing Podcast (anchor.fm). Any questions about real estate, I’ll answer them on the podcast if you want!

Here’s the link to the Instagram Live videos where you can grab quick info and real estate tips every Tuesday at 12:30pm (subject to my schedule/availability). You can also ask me any questions you have.

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

This is the update for the Long Island housing numbers for October, 2022.

What This Podcast Info Means To You

Home Buyers

I say now more than ever, you want to give serious consideration to finding value in the homes you look at now. That means, keep a close eye out for upgrades, amenities and condition of the homes you look at.

The more value, the better!

It’s also important to have a good team helping you locate, negotiate and buy your next home. That includes your experienced real estate agent, attorney and loan officer.

Homeowners

The window of the historic sellers market of the last 2 years has come to a halt. The market that was – is gone.

But here’s the thing, prices are still at the highs. It’s super important to get good quality information on your local market. So if you’d like a free complimentary market analysis to see how you’re home value is holding up, feel free to reach out today.

Investors

Your exit strategy is going to be more important now than ever. If you get the re-sale price wrong on a renovation (or a wholesale flip), you could be in for some hurting.

Thanks so much for listening to the podcast. Feel free to share this information with a friend! If you’d like to leave a message for the podcast you can do so here – Long Island Housing Podcast (anchor.fm). Any questions about real estate, I’ll answer them on the podcast if you want!

Here’s the link to the Instagram Live videos where you can grab quick info and real estate tips every Tuesday at 12:30pm (subject to my schedule/availability). You can also ask me any questions you have.

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The Long Island housing market is definitely being impacted by higher mortgage rates. .

While the market continues to shift, I’m staying on top of the numbers so you can make sense of things the best you can.

Click below to listen (Just over 16 minutes).

What This Podcast Info Means To You

Home Buyers

While the market is slowing down, now might be a great time to get into your next home! Remember, you never wait to buy real estate. You buy real estate and wait!

It’s more important now than ever to have a good team helping you locate, negotiate and buy your next home. That includes your experienced real estate agent, attorney and loan officer.

Homeowners

The window of the historic sellers market of the last 2 years has come to a halt. You just need to know that. If you’re thinking about selling, check out 5 Ways To Save Time & Money  – it’s a free download that can help get you started. It’s completely free and let’s you know

• What projects to take on (and to avoid)
• What colors to incorporate into your inexpensive staging
• How to declutter effectively

Investors

Your exit strategy is going to be more important now than ever. If you get the re-sale price wrong on a renovation (or a wholesale flip), you could be in for some hurting.

Thanks so much for listening to the podcast. Feel free to share this information with a friend! If you’d like to leave a message for the podcast you can do so here – Long Island Housing Podcast (anchor.fm). Any questions about real estate, I’ll answer them on the podcast if you want!

Here’s the link to the Instagram Live videos where you can grab quick info and real estate tips every Tuesday at 12:30pm (subject to my schedule/availability). You can also ask me any questions you have.

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.