In observance of Memorial Day, we come together to honor and remember the brave individuals who made the ultimate sacrifice in service to our nation. Their unwavering courage and selflessness have left an enduring legacy.
Memorial Day is also the kickoff of the unofficial summer season
in NYC and Eastern Long Island
with
many upcoming lazy, hazy days!
As for the current real estate market in NYC: it’s tight. There are not many properties available for sale in numerous sectors of the market. Some buyers have just decided to delay their purchase while others continue to watch & wait, ready to pounce when the property they are looking for appears on the market.
No matter your perspective, it is not an easy market to navigate. Properties that are on the market are either selling quickly or expiring or lowering prices to find the sweet spot for their particular property.
It is not a market that is created or operating equally.
However, if you have been thinking about selling or even had a difficult time selling in the recent past or last year, now might actually be a really good time to place your property on the market given
Buyers have pretty much recuperated from the shoulda-woulda-could
as of having missed the crazy low rates and have accepted the fact that even the slightly higher current rate is nonetheless low enough to be able to move forward on their home-ownership desires.
If you are thinking in this direction, give me a ring. Of course, you will need to find a new place to purchase…which could be a slight challenge, depending.
I am doing a stay-cation this weekend in NYC and am available if you wish to discuss.