Posts from: Market Insight

    According to OneKey MLS, the closed median home price for Nassau, Suffolk and Queens counties increased to $583,000 in March from $580,000 in February 2023. Year-to-year, however, this is a drop of 4.40% compared to March 2022. Available residential inventory…

    According to OneKey MLS, the closed median home price for Nassau, Suffolk and Queens counties increased from to $640,000 in August to $625,000 in September.  Inventory reduced from 12,287 units in September to 12.217 in September, down 5.80% from…

If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen…

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying…

    According to OneKey MLS, the closed median home price for Nassau, Suffolk and Queens counties increased from to $580,000 in February to 583,000 in April. Year-to-year, however, this is a drop of 4.40% compared to March 2022. Available residential inventory…

According to OneKey MLS, the closed median home price for Nassau, Suffolk and Queens counties increased from to $634,000 in May to $630,000 in April.  Low inventory continues to be the story, with the total number of residential listings down 7.70% from May 2021. Jim…

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections…

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you…

According to OneKey MLS, the closed median home price for Nassau, Suffolk and Queens counties increased from to $630,000 in May to $605,000 in April.  Low inventory continues to be the story, with the total number of residential listings down 12.20% from May 2021.…

If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know.  The housing market is moderating…

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the…

According to OneKey MLS, the closed median home price for Nassau, Suffolk and Queens counties increased from to $600,500 in February to $612,500 in March.  Low inventory continues to be the story, with the total number of residential listings down 15.2% from March…