This episode of The Housing Expert’s Podcast features the latest of what’s going on with Long Island home prices.

What This Podcast Info Means To You

Home Buyers

Pay close attention to the shift in the market. Click here for homebuying tips in 2023.

Make sure you’ve got the “3 F’s” working for you!

Having your Financing squared away – air tight, meaning, you understand what you can afford and how you can maximize your purchasing power.

Make sure you’re Flexible on your criteria. If you’re not somewhat flexible, you’ll have a really hard time being decisive. Know what features of buying a home you can bend on. Remember the “3 Circles” of buying a home. If you don’t know them, reach out to me and I’ll go over them with you.

Be Fast. Be ready to move quickly on a house when you see one you like enough to make an offer on. Don’t hesitate.

Homeowners

Contact me for a full and complete market analysis of your home value now so you can compare it to if/when you decide to sell.

If you have any plans to sell within the next 1-2 years, knowing where prices are now and being able to compare them to when you actually make the move, will help you understand the market dynamic in the future.

Also, continue listening to the podcast for monthly updates. If you’d like a Complete Home Market Analysis and a Monthly Market Activity report emailed to you, please request here.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post Long Island Home Prices Update August 2023 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

What This Podcast Info Means To You

Home Buyers

Pay close attention to the shift in the market. Click here for homebuying tips in 2023.

This is the first time in probably a decade that home prices appear to have declined year-over-year. However, if you’ve been looking a long time, you’re still seeing homes sell at above asking price!

Visit LongIslandTom.com to find off market homes for sale.

Homeowners

Contact me for a full and complete market analysis of your home value now so you can compare it to if/when you decide to sell.

If you have any plans to sell within the next 1-2 years, knowing where prices are now and being able to compare them to when you actually make the move, will help you understand the market dynamic in the future.

Also, continue listening to the podcast for monthly updates. If you’d like a Complete Home Market Analysis and a Monthly Market Activity report emailed to you, please request here.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post Long Island Home Prices April 2023 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

Long Island Home Prices

This episode of the Housing Expert’s Podcast features some pretty clear evidence of how home prices are still trending higher, both Year-over-Year and Month-to-Month!

While that’s happening, prices on Long Island, mainly in Suffolk County, are also being impacted by higher mortgage rates.

Here’s the Youtube Short that I mentioned in the video that talks about the impact of low mortgage rates on the housing supply now and moving into the future.

What This Podcast Info Means To You

Home Buyers

Pay close attention to the shift in the market. Click here for homebuying tips in 2023.

Home prices, as of now, are not showing signs of “crashing” by any means. Are they slowing down? Yes, but very slowly and it’s uncertain if they’ll actually “go down”.

So many changes, tune into my My Youtube Shorts to get the latest updates and insights on the housing market!

Homeowners

Contact me for a full and complete market analysis of your home value now so you can compare it to if/when you decide to sell.

If you have any plans to sell within the next 1-2 years, knowing where prices are now and being able to compare them to when you actually make the move, will help you understand the market dynamic in the future.

Also, continue listening to the podcast for monthly updates. If you’d like a Complete Home Market Analysis and a Monthly Market Activity report emailed to you, please request here.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post Long Island Home Prices Mar 23 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

Fast forward to today and what we see is…in the podcast. Give it a whirl.

Watch the YouTube video I did that demonstrates the shift in the market

What This Podcast Info Means To You

Home Buyers

Pay close attention to the shift in the market. Click here for homebuying tips in 2023. .

So many changes, tune into my My Youtube Shorts to get the latest updates and insights on the housing market!

Homeowners

Contact me for a full and complete market analysis of your home value now so you can compare it to if/when you decide to sell.

If you have any plans to sell within the next 1-2 years, knowing where prices are now and being able to compare them to when you actually make the move, will help you understand the market dynamic in the future.

Also, continue listening to the podcast for monthly updates. If you’d like a Monthly Market Activity report emailed to you, please feel free to sign up.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post E49 – Buyer’s Market or Seller’s Market – March 2023 Update appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

The post E48 – How You Can Still Get A 3% Mortgage appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

Long Island Home Prices

This episode of the Housing Expert’s Podcast features some pretty clear evidence of how Long Island home prices are still increasing Year-over-Year, but there are several other factors that are playing into how the market is slowing down.

What This Podcast Info Means To You

Home Buyers

Pay close attention to the shift in the market. Click here for homebuying tips in 2023. .

So many changes, tune into my My Youtube Shorts to get the latest updates and insights on the housing market!

Homeowners

Contact me for a full and complete market analysis of your home value now so you can compare it to if/when you decide to sell.

If you have any plans to sell within the next 1-2 years, knowing where prices are now and being able to compare them to when you actually make the move, will help you understand the market dynamic in the future.

Also, continue listening to the podcast for monthly updates. If you’d like a Monthly Market Activity report emailed to you, please feel free to sign up.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post Long Island Home Prices Update February 2023 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

Here are the resources I mentioned in the podcast:

• Mortgage Payment Estimator
• UnRealtor Newsletter

The post 5 Questions To Help You Buy A Home appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

We are not in a buyers market just yet. Listen in to the latest on the market.

The post E45 – Home Buying 2022 Vs 2023 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

Get The Scoop on Long Island Home Prices

Listen On Apple | Spotify | Amazon Music

Podcast Highlights

• Available inventory is well below seasonal norms in all 3 counties
• Average home price in Suffolk County is flat (no longer increasing)
• Pace of contracts is way down

What This Podcast Info Means To You

Home Buyers

I’m going to be going into a deep dive on the difference between buying a home in 2021-2022 vs buying in 2023. The market has shifted and even though prices aren’t going down, they’re no longer going up.

So many changes, tune into my My Youtube Shorts to get the latest updates and insights on the housing market!

Homeowners

Contact me for a full and complete market analysis of your home value now so you can compare it to if/when you decide to sell.

If you have any plans to sell within the next 1-2 years, knowing where prices are now and being able to compare them to when you actually make the move, will help you understand the market dynamic in the future.

Also, continue listening to the podcast for monthly updates. If you’d like a Monthly Market Activity report emailed to you, please feel free to sign up.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post Long Island Home Prices Jan 2023 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.

The Scoop on Long Island Home Prices

Listen On Apple | Spotify | Amazon Music

Housing prices seem to be stable as lower inventory levels continue to support closing prices.

Of course, there is a lag on closing price data so what is closing in November are homes that went into contract in August or September, as it takes an average of 60 days to close.

Of course, with the hack of the Suffolk County website and data in late August, things are slower also so it’s taking longer to close transactions across the board – in Suffolk.

What This Podcast Info Means To You

Home Buyers

Just pay attention to the market updates and get more comfortable with the idea that the more you know, the less you may fear buying a home on your timeline as opposed to what anyone else says, especially the news.

My Youtube Shorts cover daily updates and insights on housing activity so check it out. Text or call me if you want to set up an appointment.

Homeowners

The window of the historic sellers market of the last 2 years is gone. That doesn’t mean you’re home can’t sell for a lot of money.

I’m starting to think that by mid-2023, Long Island home prices could actually start to increase again, especially if rates rise into the high 8’s/9’s and then dip later in 2023 as some experts have indicated. The low inventory will be the saving grace of home values, for now, both locally and nationally.

Know what your home value is now so that if and when you decide to sell, you can at least compare and know where you stand as time moves forward and the market changes.

Investors

The key to continuing to do deals is making sure your costs are competitive and you can continue to get deals as more investors pay higher prices due to continuing low inventory.

Also, your comps can’t be general so while you are reading about Long Island home prices, that may not be helpful when you’re comping a home in a specific town.

Contact me if you need numbers on a deal you’re looking at now. Text (631)831-9048.

Thanks so much for listening to the podcast. Feel free to share this information with a friend!

If you’d like – book an appointment online with me or call/text me at (631)831-9048.

Follow me at Linktr.ee/TomMcGiveron – Thanks.

The post Long Island Home Prices December 2022 appeared first on TomMcGiveron.com - Experienced. Confident. Super Energized!.