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December 28th, 2016

12/28/2016

Peter Owen, Licensed Real Estate Salesperson
Better Homes & Gardens Atlantic Shores.
55 Hilton Ave, Garden City, NY 11530.
(516)317-2860.
Email:Peter.Owen@BHGliving.com.
Website:https://www.BHGREhomes.com/agent/peter.owen@bhgrealestate.com
                                                                                                           January, 2017
Hi Everyone,
I hope everyone is enjoying their Holiday Season. I keep wondering where the heck 2016 went - this year just flew by.
I normally do not project much on where home prices are going, but this year I get the distinct feeling that 2017 is going to be a banner year for real estate. I have no stats to point to, just experience and gut feel. I hope I am right.
Meanwhile, the last several weeks have seen a lot of buying activity. As I mentioned in my last several newsletters, house Inventory is quite low and going lower in ALL the Villages I cover. While the number of people selling appears to be rather normal, there are simply more Buyers coming out - first timers, those trading UP, Investors, etc. I don't know where they are coming from or where they are getting the money to pay some of these prices. I suspect these Buyers have been holding back for their "perfect house" and now that interest rates are starting to rise, the buyers may not want to wait anymore and pay higher mortgages rates. If this keep up, the next several months are going to be wild. We'll see.
Have a fun, happy, healthy and safe New Year.
Peter Owen

Articles
1) 2017 Home Design Trends - http://realtormag.realtor.org/home-and-design/feature/article/2016/12/2017-home-design-trends
2) 10 Anti-Burglary Tips - http://realtormag.realtor.org/well-being/safety/article/2016/12/10-anti-burglary-tips-for-your-sellers
3) 2017 Real Estate Forecast - http://research.realtor.com/2017-national-housing-forecast/

Local Stats:
Garden City

Malverne
Garden City South

New Hyde Park
Floral Park
Lynbrook
Stewart Manor
West Hempstead

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 commitment, no pressure, no hassle - HONESTLY!

Peter Owen.
Licensed Real Estate Salesperson
.Better Homes and Gardens Real Estate Atlantic Shores.
55 Hilton Avenue, Suite 100.
Garden City, NY 11530.
Office: (516)444-3939.
Cell: (516)317-2860.Fax: (516)444-3940
.Email: peter.owen@bhgliving.com.
Website: http://www.nassaucountynyhomes.com/

Best, top, most trusted and dedicated agent covering Garden City, Stewart Manor, Floral Park, Malverne, Lynbrook, Roslyn Estates, and Roslyn Heights displaying a high degree of integrity, service 24/7, professional attitude and actions.

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Central Nassau Real Estate December 2016 Garden City, Malverne, Stewart Manor, Mineola, West Hempstead, Garden City South

12/10/2016

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Peter Owen
Licensed Real Estate Salesperson
Better Homes & Gardens Atlantic Shores.
55 Hilton Ave, Garden City, NY 11530.
(516) 317-2860.
Email:Peter.Owen@BHGliving.com.
Website:https://www.BHGREhomes.com/agent/peter.owen@bhgrealest
ate.com
                                                                                             December Mid Month, 2016.
Hi Everyone,
Listings and Buyers are always slow over the holidays - Right?? Well here are the new listings over the past 30 days:
Garden City          12
Floral Park           21
Malverne                 6
W. Hempstead   12
Franklin Square    11

As I said last in my last newsletter, most people think they must sell in the Spring and most sellers DO list their homes in the Spring. Result - a lot of competition among sellers for the same number of buyers. Tough to get a premium price with that scenario.
The people who are listing now have much less competition, their houses look great with the christmas lights and decorations, and the buyers have to bid up the prices since there are fewer houses to choose from. I have even seen a couple of bidding wars on homes in the past 2 weeks.
Again, the question of Why would people be buying during the holidays?? Answer - Job Transfers, buyers may not celebrate these holidays and thus have a lot of free time, buyers need more room ie another baby on the way, etc . There are hundreds of reasons buyers come out looking throughout the year. We just do not think of these reasons since we are conditioned to think "only sell during the Spring". Actually, there are NO bad times to list your home. Price will depend on Location, Amenities in the home, Character of the home and Condition of the home.
As always, if you would like to talk, just give me a call or email. I'm always here.

I wish you and your family the happiest of holidays. Stay Safe!

Peter Owen

Articles
1) Easy Property Upgrades to Conserve Water http://realtormag.realtor.org/daily-news/2016/12/09/easy-property-upgrades-conserve-water

2) Shunning Prefab Preconceptions http://realtormag.realtor.org/home-and-design/feature/article/2016/11/shunning-prefab-preconceptions

3)  Mortgage Rates Climb to 2016 High http://realtormag.realtor.org/daily-news/2016/12/09/mortgage-rates-climb-2016-high

Local Stats:
Malverne

Garden City

Floral Park

Stewart Manor

Mineola

West Hempstead

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 commitment, no pressure, no hassle - HONESTLY!

Peter Owen.
Licensed Real Estate Salesperson
.Better Homes and Gardens Real Estate Atlantic Shores.
55 Hilton Avenue, Suite 100.
Garden City, NY 11530.
Office: (516)444-3939.
Cell: (516)317-2860.
Fax: (516)444-3940.
Email: peter.owen@bhgliving.com.
Website: http://www.nassaucountynyhomes.com/Best, top, most trusted and dedicated agent covering Garden City, Stewart Manor, Floral Park, Malverne, Lynbrook, Roslyn Estates, and Roslyn Heights displaying a high degree of integrity, service 24/7, professional attitude and actions.

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December 28th, 2016

Central Nassau Real Estate December 2016 Garden City, Malverne, Stewart Manor, Mineola, West Hempstead, Garden City South

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