Tag: New York market trends
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The State of Home Sales Today: What Buyers and Sellers Need to Know
The real estate market has always been a dynamic landscape, and today’s home sales are no exception. Shifting economic conditions, fluctuating interest rates, and ever-changing buyer preferences shape the market. Understanding the current market trends is essential for both buyers and sellers.
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Understanding Home Equity: How to Leverage It for Financial Growth
In this week’s post, we explore the significant rise in home equity across the U.S., with homeowners collectively gaining $1.3 trillion in the second quarter of 2024—a substantial 8% increase from the previous year. This surge has been particularly strong in the Northeast, including New York, where property values have appreciated notably. With mortgage rates…
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Is Now the Right Time to Sell? Market Trends for 2024
Explore current market trends and why now might be the perfect time to sell your home in New York. Selling your home is a big decision, and timing can make all the difference in maximizing your profits. As we step into 2024, the New York real estate market offers unique opportunities for homeowners ready to…
MICHAEL LEM REALTOR 