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.

March has been a crazy month for weather! As we wait on the precipice of yet another snowstorm this evening, we reflect on the worst storms Staten Island has seen in a lifetime. Correspondent Hannah Jay interviews broker and co-owner Anthony Licciardello as they count down the 7 Most Severe Staten Island Storms.

Some of these storms are record holders; others can't be quantified in their toll on our lives. All have one thing in common- their destructive impact that lasted long past the storm itself.

Staten Islanders will find a few of these in our recent memory, while others provide a history lesson for younger residents. As each winter goes by, it makes for uncertain times during blizzard and Hurricane seasons. Many of you will remember the unease…

914 Views, 0 Comments

Read Full Post

February's home prices are still very close to record highs in Staten Island as developers and residents alike clamor for their own piece of the pie. The average home sale price last month was $558,102, down about 1% from the January's record high.

The US stock market had a rocky performance in the month of February. While some this shake-up caused some speculation that the fall would continue, the DOW has recovered for the most part. Looking at real estate statistics, which include the average days listed on the market of just 88, buyer confidence in Staten Island did not seem to be hurt at all.

Though the market still hangs in the seller's favor, a substantial listings increase since last year gives buyers more options. February saw 510 new homes…

758 Views, 0 Comments

Read Full Post

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…

2335 Views, 0 Comments

Read Full Post

Early February, Wall Street plunges downward as the DOW Jones sends investors into a panic. How does this compare to other stock market dips of the past? Should we look for warning signs?

Not yet, exactly. This dip in the stock market (which has since recovered) does not represent a crash. The dip would have to be greater for it to be considered a crash, to at least 30%. At around 11%, this is more likely classified as a correction. If it fell further, it would be classified as a bear market.

The important thing to take away is that this may not be cause for panic, yet anyway. Stock market ebbs and flows are a normal part of the economy. We should be on the lookout for changes in the future and it is a fact that this upward spike could not sustain…

768 Views, 0 Comments

Read Full Post

Well here we are again- live and with a super important topic: Real Estate Video!

Live on Facebook, Anthony Licciardello and Hannah Jay discuss a passion: just why real estate video is so important today, and remains so in the advent of virtual tours. Though rising in popularity, virtual tours have a major downside, and we talk about why we believe they are not a good way to promote a home online.

We also talk about aerial drone video - a longtime passion of Anthony's. RealEstateSINY.com was one of the very first companies out there to recognize the importance of aerial video. It gives a sophisticated edge to property marketing that goes beyond just the flash and "wow" factor. We can actually show you the surrounding neighborhood this way. For a…

780 Views, 0 Comments

Read Full Post

So you're in the market for a new home on Staten Island. Consequently, on Saturday you say to your spouse lets take a ride and look at homes. So your first stop takes you to Annadale, you heard good things about the area and decided to start there. You spot a home, and there's a for sale sign out front. You grab the cell phone and call the real estate company listing the home, and they put you in touch with the listing agent who gives you all the details. The real estate agent is on another call; she will call back. Okay, moving along you have your Staten Island Advance Real Estate section handy and was intrigued by a new construction open house ad in Tottenville, and off you head out to the open house. The agent on site reveals all the great The home…

860 Views, 0 Comments

Read Full Post

An interesting turn of events with the latest market statistics for the month of August 2013.

Staten Island market reportThe amount of homes sold in the month of August actually went down from the prior month, but hold on—we’ll get to that in a minute.

First of all, the amount of homes for sale on Staten Island took a drastic leap downwards, with only 2,291 homes on the market in August. This is a decrease of over four percent from July, with an additional 110 homes being on the market in the prior month.

With such a small amount of inventory to work with, homes have been selling like hotcakes.

The average number of cumulative days for homes being on the market in August was 129, which is a decrease of over twelve percent from July. This is also a decrease of about…

1587 Views, 0 Comments

Read Full Post

Staten Island's Housing Market grows at a robust pace, only bested by tax credit month of June 2010. However, with higher mortgage interest rates, the housing market is likely to cool off a bit in the following months. 

In the past few months, we saw some pretty incredible numbers in the housing market—and this past month was no different. With the numbers from this past June, we can definitely see an improvement in the market.

First, let’s take a look at the monthly sales. Two hundred and ninety-five homes were sold this past June. This is astonishing, since it’s an increase of almost fourteen percent from May to June, and an increase of about nineteen percent from the prior year. It seems like we’re quoting ourselves month after month, but really,…

1514 Views, 0 Comments

Read Full Post

May's cool weather wasn't enough to cool Staten Island's consistently warming real estate market. 

It looks as though our assumption was correct. Just like the prior month, the sales for the month of May hit way over the 200 mark—something that, like last April, hasn’t been seen in the same month since 2008, when May had 250 monthly sales. This May surpassed even that number by four, with 254 total sales. This may not seem like much, with an increase of only about 1.6%, but it’s definitely better than May of 2012 and 2011, where we saw 188 and 168 home sales, respectively. As we can see, the monthly sales for May have been on an upward trend since 2011, but just by comparing this past May’s sales with the prior year, we see an increase of over…

1348 Views, 0 Comments

Read Full Post