January 2019

Found 4 blog entries for January 2019.

"The real estate market is changing."

It's a phrase we have been uttering for many months now, drawing in leading indicators to do so. But what does that mean for a seller? A homeowner who is unsure what to do when the wisdom learned over the past few years are suddenly invalid because everything is in a state of flux?

That's the topic of our latest live video discussion with PR Director Hannah Jay and RealEstateSINY.com Broker/Co-Owner Anthony Licciardello. This talk is designed for either someone getting ready to sell in a changing market, or somebody who has already struggled to generate interest in their home because the market is changing too fast to keep up.

We get into some of the reasons the market could be changing- largely,

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Come join us this weekend for an Open House at 64 Gregg Place, Staten Island, NY 10301

Sunday January  13th from 12-2pm

Directions: Between Hart Blvd and Walbrooke Ave

Don't miss the chance to see this single family semi-attached Colonial house with 3 bedrooms and 2 bathrooms . Lovingly maintained classic colonial home in the heart of Randall Manor  a semi finished basement , newer windows, a shared driveway with a detached garage, new front steps, stained glass windows over fireplace, a sun room with french doors off the living room, and a large private fenced yard. This home is a short distance to Forest Ave shopping, restaurants, buses to the ferry and Silver Lake

For more information on this home please contact Maria Cappillo

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On the whole, US homeowners still routinely prefer detached homes. 82%, in fact, according to the US Census Bureau in 2015. Just 5.5% of US homeowners live in townhomes. But this is another story in metropolitan areas like New York.

Semi-attached homes, which refer to a dwelling that shares a common wall with another, are extremely popular in Staten Island and the outer New York City boroughs in general. This type of home, ideal for small urban and suburban land plots, has a rich and varied history of helping to meet housing demand in densely populated areas throughout the world.

 

A Brief History of Semi-Attached Homes

To accommodate growing populations and save on construction costs, semi-attached homes popped up all over Staten Island post

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Welcome to 2019! It's hard to believe we just finished off another year. Our year covering real estate and local events in Staten Island has taught us a few things, and we cover the past month and year in January's market discussion here via Facebook Live!

Now that we have December's numbers in, a clear price drop of about $10,000 was observed since the previous month of November's average. Current data for December puts the average sale price at $588,613. Up in the air was the question of whether or not average home sale prices on Staten Island WOULD top $600k by the end of 2018. Ironically, the adjusted average for November (numbers always fluctuate a little after the initial stats release) ended up being $599,999- the irony is real.

In

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