RealEstateSINY.com - SI NY Real Estate Blog

 

 

We're back after our month hiatus!! Since Anthony's health has improved enough to return to work, we're making up for lost time with January's market report rundown before returning shortly to cover the market's performance in February.

January 2019 saw a huge drop in sales over the prior year, falling to just 307 homes sold. Though the price increased a few thousand since the prior month, it is up just $10,000 over the prior year. This shows that homes are holding their value and not falling in price necessarily, but not rising like they were in prior years. The last January year-over-year comparison saw a striking $60,000 increase in average sale price.

With sales down so much and inventory also back up at 1,868, all indicators but

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Come join us this weekend for an Open House at 204 Stobe Ave, Staten Island, NY 10306

Sunday, March 10th, 12pm-2pm

Directions: Hylan Avenue to Stobe Avenue

Don't miss the chance to see this single family semi-attached Colonial house with 3 bedrooms and 2.5 bathrooms. Perfect for those commuting to Brooklyn, just a walk to Hylan Blvd, close to shopping and transportation. This home was recently beautifully renovated. Plenty of storage. A fully tiled living room and dining room combo, as well as a fully renovated new bathroom.  It’s got high ceilings, a laundry area, and shower. You won’t want to miss the chance to see this property!

For more information on this home please contact Elizabeth Del Priore at 917-816-1519

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Are you somewhat mystified by looking at a CMA, aka Comparable Market Analysis? Since this packet can be lengthy and contain lots of information (and can be a bit tedious) we wanted to sit down and go over it with our viewers.

So what is a CMA? Essentially, it is a list of properties comparable to yours- we usually call these "comps." Comps should be located in the same neighborhood and share many of the same traits- square footage, number of bedrooms, garage or basement, and property condition to name a few. Comps should also be sold fairly recently since the real estate market is always changing. Your own home's price today is probably not the same as it was 4 years ago, so you should not be looking at comps that old in a CMA.

When a

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Just listed! A cozy New Springville condominium is now on the market. With one bedroom and one bathroom, 5 Windham Loop #4E is a great starter home or for someone looking to downsize. In a quiet development, this unit is clean and well-kept.

The Elmwood Park Condominiums are centrally located in a modern high rise building surrounded by one of Staten Island's most convenient areas. Nearby are practically all amenities one could need or ask for. Living in this condo unit includes indoor garage parking as well!

Head up to the fourth floor of 5 Windham Loop to arrive at this unit. Once inside, you're greeted with wood flooring and a large closet in the living room. At the living room's opposite side are sliding doors leading to a terrace

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Come join us this weekend for an Open House at 131 Kenilworth Ave, Staten Island, NY 10312

Saturday February 23rd from 1-3pm 

 Come out this weekend to see this beautiful 3 bedroom , 2 bathroom townhouse located in Arden Heights. This gorgeous single family attached home is ready for you to move in and make it your own. Beautiful Living Room and Dining Room with open floor plan along with ceramic tile, Crown Molding, Chair Rail, and High Hats that provide the perfect lighting. Spacious eat in Kitchen with appliances and LED High Hats. Access to yard from Kitchen with beautiful Sliders that have built in Vinyl Blinds inside glass. Trex Deck leading to paved concreate with ribbon pavers. Brand new Oak Staircase with wrought iron Banister leading

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Come join us this weekend for an Open House at 55 Leslie Ave, Staten Island, NY 10305

Saturday February 16th from 12-2pm 

 

Don't miss the chance to see this single family detached Colonial house with 4 bedrooms and 3 bathrooms. Recently updated, this house has custom made kitchen, with matching custom cabinets for dining room. Home features radiant heat floors throughout the kitchen, foyer, living and dining rooms. This home has an extra large family room with fireplace, master bedroom with 2 walk in closets, and master bath with jacuzzi, & stand up shower. Full finished basement. Extra large yard with a lot of privacy. *** This house is to be sold AS IS, under market value and buyer is agreeing to take responsibility for violations

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Check out this newly listed property that just hit the market- introducing 22 Margaret Street! This fully updated home with all modern luxuries is located in Old Bridge, New Jersey. On a generous lot, it boasts an open floor plan, in-ground pool, and gorgeous renovations. 

This three bedroom, two bath home is now on the market and ready for a buyer!

A quaint river-rock finish greets you from the front of the home with a matching light pole and green lawn. Up the winding path, four beautiful stone steps lead up to the front door.

Inside, a breezy living-dining room area welcomes you first with a tall window and wood burning fireplace in white crown molding and stone. This area features oak wood flooring and a split level

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Looking for a beautiful, updated home in a quiet neighborhood? You may look no further than 136 Roswell Avenue! This spacious semi-attached home has 3 bedrooms and 2 bathrooms and sits on a tree-lined street.

Built in 2001, the well-manicured lawn and brick front with vinyl siding on top shine with curb appeal. A large driveway offers parking for several cars. This home is situated in the desirable Travis neighborhood.

Through the ebony-toned front door, you'll find yourself entering the foyer with oak flooring. The living room greets then greets visitors with a bright window. Opposite is a partial wall with a cutout that peeks into the dining room. This creates a nice separate feeling for the dining area while still being able to easily see and

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The New Year is here- welcome to 2019!

Our latest RealEstateSINY.com Facebook live video tackled the topic of real estate market changes we anticipate in the coming years, some of which we will be hopefully seeing soon.

We talk about the limitations faced by national value platforms, and some ways we expect the web to change in order to better suit sellers.

Expanding on current drone technology, we discuss the potential advancements in this field too. Could we potentially be seeing advancements in movement sensors that allow a buyer to virtually tour a property via video drone? This type of drone would be able to navigate physical obstacles and allow a buyer to move through the home and see every nook and cranny through an attached

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"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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