Author: matthewklages

The 2024 election is behind us, ushering in a new political landscape with potential implications across various sectors, including real estate. For homeowners in Long Island who are thinking, “Is now the right time to sell my home?” the key lies in understanding the Long Island real estate market and the specific trends that affect … Continued

As Halloween approaches, spooky things are all around—ghosts, goblins, and the thought of entering the real estate market right now! But what if I told you that buying or selling your home in today’s market doesn’t have to be something to fear? Despite market shifts, fluctuating interest rates, and high prices, now might still be … Continued

Long Island Home Prices Surge: What Sellers Should Know and What Could Drive Prices Down If you’re a homeowner on Long Island considering selling, you’ve likely noticed the surging home prices. The Long Island real estate market is in high demand, with many buyers vying for limited inventory, pushing prices to new heights. However, while … Continued

As the 2024 Presidential election approaches, many Long Island homeowners are wondering how the political climate might affect the real estate market. Selling a home is one of the most significant financial decisions a person can make, and with the uncertainty surrounding elections, it’s only natural to question how these major events could impact the … Continued

Selling Your House in Long Island: Understanding Mortgage Rates and Market Trends If you’re thinking about selling your house in Long Island, including Nassau and Suffolk counties, you’re not alone. Long Island is a highly desirable location due to its proximity to New York City, excellent schools, and high quality of life. However, understanding the … Continued

October Real Estate Update: Preparing Your Long Island Home for the Holidays and Winter As we transition into the cooler months on Long Island, October offers a perfect time to check in on your property and make necessary preparations for the approaching holidays and winter season. Whether you’re considering selling your home or simply want … Continued

As we move into the third quarter of 2024, we typically see the prime real estate season winding down as summer gives way to fall. However, this year’s market dynamics suggest that home prices will likely remain elevated, driven by persistently low inventory and strong buyer demand. Despite hopes for a decline, mortgage rates are … Continued

Fed Rate Cuts and Their Profound Impact on Real Estate in Nassau and Suffolk Counties The Federal Reserve’s actions regarding interest rates have far-reaching implications for the economy, financial markets, and consumer behavior. For homebuyers, homeowners, investors, and real estate professionals in Nassau and Suffolk Counties (Long Island), understanding these changes is essential for navigating … Continued

Credit Card Debt: The Hidden Barrier to Homeownership for 20% of Americans As inflation soars and the housing market remains highly competitive, an increasingly insidious problem is making it even harder for many Americans to achieve the dream of homeownership. This issue is not tied to fluctuations in housing prices or mortgage rates, but rather … Continued

As we look ahead to 2024, mortgage rates continue to be a hot topic, especially for homebuyers and homeowners in Long Island’s Nassau and Suffolk Counties. The real estate market here is as dynamic as ever, and understanding how mortgage rates might change in the coming year is crucial for making informed decisions. Here’s a … Continued