Feb 05, 2020
Licensed Real Estate Salesperson
Better Homes & Gardens Atlantic Shores
55 Hilton Ave, NY 11530
Serving Garden City, Lynbrook, Stewart Manor, West Hempstead, East Meadow, Rockville Centre, East Rockaway, Roslyn Heights, Brookville , Muttrontown, and All of Nassau County February, 2020
Relatively warm winter so far. February still to be decided.
Housing inventory in the area is still low. I would expect, as in the past several years, that the Spring Rush will start early, ie end of February, early March. So the inventory should increase nicely especially in the $400k - $800k price levels.
The tax law changes in 2018 are having a dramatic effect on the expensive houses meaning $1.5 - $3 million lprice levels. With property taxes now restricted to only $10,000 being deductilbe tax returns, the villages such as Upper Brookville, Muttontown are seeing a severe lowering of the market prices to compensate. Take a look at the Upper Brookville chart below. This problem does NOT extend much to the lower price levels where property taxes are generaly under $12,000 or so. Villages such as Garden City do have some issues, but the property tax deduction is less devastating than Upper Brookville.
I am expecting a good year in Real Estate. Buyers are out there with money. The biggest question mark will be the Millennial generation - will they as a group turn to home ownership? Up till now they have continued to rent to stay flexible.
If you are considering buying or selling, get started NOW. If you need help with questions or want an opinion, give me a call. Absolutely no obligation!
Note: I make a constant effort to maintain and improve the level of service I provide to you because, in my business, the most profound assets I possess are your respect and trust. Please feel free to call me if you need anything at all; I am always here to help.
1) Presale Renovations Take Off
2) 13 Cutting-Edge Updates for the Smart Home
3) Make Your Listing Attractive to Young Families
Oh, by the way…if you know of someone who would appreciate the kind of service I provide to my clients, please call me with their name and business number. I’ll be happy to follow up and take great care of them.
Garden City South
New Hyde Park
If you would like a free Personal Comparative Market Report for your home ie what range would your home be priced at currently, please just email me - no obligation, no pressure, no hassle - HONESTLY!
Licensed Real Estate Salesperson.
Better Homes and Gardens Real Estate Atlantic Shores.
55 Hilton Avenue, Suite 100.Garden City, NY 11530.
Best, top, most trusted and dedicated real estate agent covering Garden City, Malverne, Garden City South, New Hyde Park, Floral Park, Franklin Square, Lynbrook, Stewart Manor, West Hempstead, East Meadow, Rockville Centre