Tagged : live video

Found 8 blog entries tagged as "live video".

This week we sat down and went through the ins and outs of buying a home for the first time. It's a scary and nervous time for many, but also an exciting one. Finally, a place to call your very own! So, how do you get there?

Using his more than 10 years experience selling real estate in the Staten Island area, broker and co-owner Anthony Licciardello goes into some horror stories from the vault and gives some warning signs you should see as red flags right away!

We talk about mortgage programs around the US that are designed to help you afford your first home, though we mostly focus on the Staten Island and New York City markets.

Also discussed is the current state of the market and whether it is favorable to buyers or sellers. We talk

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After a bit of a hiatus, we finally sat down to talk the latest real estate market data we have- and much of it will surprise you!

There's a lot to unpack here. First, the average home sale price of $570k fell over the previous month, and last year. This is the FIRST time this has happened in several years, and offers pretty strong proof that the market has slowed down. For the last six months, prices had fluctuated but still remained higher than the previous year.

We also had just 261 sales last month! Again, the slowest activity we have seen in 2+ years, this time when it comes to sales volume. We do have a good clue as to why this is happening. Even though the average sale price is $4k LESS than last year, the average new list price is

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So much has happened over the last ten years in real estate! Between a recession that was in full force circa 2009, through the recovery, and into a rapidly accelerating market followed by a slowdown... we've pretty much seen it all.

So for our latest live video discussion, we decided to sit down and talk about the past decade and what lessons we have learned selling real estate in an ever-changing market. Broker and co-owner of RealEstateSINY.com Anthony Licciardello is interviewed to tell the story. He has been selling real estate since 2007, the onset of The Great Recession.

We talk about how home values fell during the recession, though not as much as you may think. The NY Metro area fared better than most of the country since New York is

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Now that February's full stats are in, we were able to sit down and break them down for Staten Islanders in our latest Facebook live stream. This month had a few smoking guns!

Several of our market indicators were the slowest economic markers we have seen in 2-3 years. To start, home sales fell to an astounding 259. That's just 259 homes sold in the entire borough of Staten Island for the whole month! Comparing that to last February when 320 homes sold, this represents a 19% drop.

Cumulative days on the market is also at a two-year high. Homes take an average of 102 days to sell at this time. Last year, CDOM was 16 points lower at 86 days. So fewer and fewer homes are selling, plus they are selling more and more slowly.

SO... the fact

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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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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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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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Over the years, a lot has changed in Staten Island. Many historical properties have fallen into disrepair, struggled to maintain landmark status, or been sold off to developers for their valuable land.

Perhaps the most high profile and most controversial of these over the past few years was Mount Manresa, the Catholic retreat and natural gem filled with some of the oldest trees in New York City. Environmentalists and Catholics alike rallied to save this property and have it landmarked by the City of New York LPC.

When the almighty dollar won out and the property was sold to The Savo Brothers, many in the community were angered to lose this natural beauty. Borough president James Oddo was so peeved that he took revenge and named the streets in the

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