February 2014

There are 1 blog entries for February 2014.

You may have heard on the news that inventory of homes for sale is tight and wondered if that is the case for Staten Island.  To give it to you in a nut shell...it most certainly is.  Currently on Staten Island, it is starting to look like a seller's market.  That being said, sellers should not be fooled into thinking that the glory days of run away price appreciation of homes is back.  The fact that interest rates are still holding at historic lows is keeping the buyers active and willing to buy.  Rest assured however, that the buyers are drawn to reasonably priced homes.  Overpriced homes are still sitting on the market with minimal showing requests and without getting offers to purchase.  The take away of this market is that although it is very active,…
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