Welcome to our weekly update page. You will find a summary of significant updates and news concerning our lisitngs, including price changes, website developments and significant news for the week.

Back in 2007 the United States faced a housing crisis. There was a surplus of homes on the market combined with a depressed economy, resulting in activity falling drastically among the real estate market.

We may or may not have learned from our mistakes then, but our political climate in the US is different now. In this video broadcast via Facebook Live, Anthony Licciardello and Hannah Jay discuss the main three reasons that we believe the next housing downturn could happen.

In this discussion, we touch on themes ranging from banking institutions to housing affordability. Here in Staten Island, home affordability has especially become a big problem for new home buyers. This could be an issue for anyone who owns real estate and is looking to…

691 Views, 0 Comments

Read Full Post

Just how much do we owe to technology here at RealEstateSINY? Pretty much everything, as it turns out.

Not only was this company founded based on internet marketing, but it's indispensable the real estate market as we know it. 90% of buyers use the internet to find their next home. Can you imagine sorting through a physical MLS book to find a home before you could type keywords into a search field? This was the reality a generation ago, and it seems like ancient history to imagine that now.

In this live video via Facebook broadcast, Hannah Jay interviews Anthony Licciardello about the role technology has played in the creation of our company. We talk about the search tools that take the stress out of home searching, and the tools we use to reach…

669 Views, 0 Comments

Read Full Post

Gallup's Honest/Ethics in Professions rated real estate agents in the bottom tier of trustworthiness. Of roughly 1,000 respondents polled, only 20% rated real estate agents as honest/very honest.

Considering they have the keys to your place, this low trust factor is a big problem! Where does this low trust factor come from, and what can we do to dispel it? In this weekly live video streamed from Facebook, Anthony Licciardello is interviewed by correspondent Hannah Jay on what we are doing to establish trust with clients.

The main theme, according to the broker and co-owner of RealEstateSINY.com, is transparency. The cost associated with doing business can be quite steep for homeowners. "Is the agent actually worth what I'm paying them?" is a…

710 Views, 0 Comments

Read Full Post

When it comes time to put your home on the market, a crucial factor determining how the chips fall is pricing it correctly. In this video discussion via Facebook live, Hannah Jay and Anthony Licciardello delve into the question- what could go so wrong when overpricing your property?

In the end, it will not only cost you months of wasted time if your home does not sell, but it could actually cost you quite a bit of money in the long run. Anthony explains that once you get past the initial pool of interested buyers, and they pass on the home, this drops its value in the eyes of other buyers. Overpricing could mean you ultimately fetch 2%, 4%, sometimes even as high as 8% on your final sale- which equates to $20,000 or even more!

We also talk about how…

738 Views, 0 Comments

Read Full Post

 

April marked yet another month for Staten Island real estate prices to hit record highs.

The average home sale price was up to $576,525. But prices are what we call a “trailing indicator”, meaning they reflect the market several months prior to the actual closing date, when the house was first put into acceptance. In this live video discussion, we look to other stats to dissect the market in its current state. 

Even though the market still appears to hold the seller’s favor, with homes selling faster than they have in many months and fetching high prices, there were some strange findings. Inventory is now up to 1,630, with 669 new listings in April. This is considerably higher than the same time last year. 

So when we saw that only 328…

719 Views, 0 Comments

Read Full Post

 

Staten Island was once a very different place than it is today. So many of the things we take for granted about our way of life were not always this way. In this live video segment, we tackle the Top Ten events that changed Staten Island forever.

Correspondent Hannah Jay and Broker/Co-Owner Anthony Licciardello run the gamut through more than three centuries taking us into the modern day. Who were the first European settlers on Staten Island? How much did Staten Island cost to purchase from the Lenape tribe? And, how did people get to the island before the first bridge was built in 1928? What was the main event that changed the infrastructure, demographics, and culture of Staten Island in such a short time?

But many of these events are…

900 Views, 0 Comments

Read Full Post

This is our most personal live video to date- here we reveal the story behind the founding of the company. RealEstateSINY.com has faced trials and tribulations over the years yet remains stronger now than ever. So it is a fitting time to reminisce about the company's beginnings and talk about how we got to where we are today.

We also discuss the architectural proposal by the firm Cetraruddy for their plan to expand housing for an influx of 300,000 new residents to Staten Island. Their ambitious "Staten Island City" commercial plan includes high rises on the West Shore, where there is much undeveloped land, and a tech campus.

This is our second live stream outdoors and the weather is still a little brisk. Correspondent Hannah Jay interviews Anthony…

698 Views, 0 Comments

Read Full Post

It's story time! Our most recent Facebook live video goes into the Top 3 biggest real estate disasters witnessed by the company during the years we have been serving buyers and sellers. One of these deals went down in flames (literally)! 

We also give some tips on how to avoid making the biggest mistakes we've witnessed over the years. In essence, selling a home is typically an emotional process for all those involved. Because so much emotion is invested- between packing up and settling elsewhere, leaving behind a place filled with so many memories, and perceiving a higher sense of value in your home than the market actually demands- these high stakes often lead to rash decisions. Understanding market fundamentals and looking at things with a…

679 Views, 0 Comments

Read Full Post

In an age of disappearing staples like Toys R Us, it's wonderful to see longstanding businesses thriving. In an earlier post we touched on how to survive the Retail Apocolypse, which it appears Toys R Us has fallen victim to. If these large chains are toppled in such a fashion, what can small businesses do to avoid the same fate?

Be it ice cream parlors, sweet shops, or even records stores, certain businesses still thrive the old-school way. Having that nostalgic charm can set a business apart from most others who are keeping with modern trends. People enjoy that friendly warmth of vintage shops that remind them of simpler times.

In New York City we constantly see new businesses pop up and wonder how long they will last. It's not uncommon to…

774 Views, 0 Comments

Read Full Post

With Facebook being such a hot topic in the news lately, we thought we would weigh in on the subject in our weekly live video.

Mark Zuckerburg has received a lot of heat for the Cambridge Analytica data breach, in which the data of 50 million was stolen and stored by the data management firm who worked on President Trump's election campaign. More recently, the social media giant was hit with another scandal regarding the Messenger App. It was discovered by disgruntled users that their call and text logs were all being stored by Facebook if they had given permission for the app to access their cell contacts.

We also touched on Facebook's algorithm changes a few weeks back which undermined the reach of business pages, instead favoring content from…

548 Views, 0 Comments

Read Full Post