February Mid Month Garden City NY Real Estate News – Peter Owen of The Donnelly Group


Long Island Real Estate

Nassau County, NY Homes

Garden City, Floral Park, West Hempstead, Franklin Square, Mineola, Stewart Manor

Peter Owen

  Licensed Real Estate Salesperson

     The Donnelly Group

730 Franklin Ave, Garden City, NY 11530


Email:  petero@TheDonnellyGroup.com

                                                                                                                                                      February Mid Month, 2015

Hi Everyone

I have been right so far this year about the market. The number of listings has been steadily increasing and Accepted Offers are being received in record time. I have never see this many buyers in the market in January and it is increasing in February. I will continue to say it, the Spring Rush is now here. This is expecially true in the lower end of the market ie $500,000 – $800,000. The main issue Sellers have to be careful of is Over-Pricing their house. While there is a lot of buyer activity, some sellers are incorrectly assuming that the selling prices have  skyrocketed again. While prices are up from last year, the Selling prices have not skyrocketed. Overpricing your home will cause buyers to shy away from looking at the house. Worse yet, these buyers will NOT return if and when you reduce the price since you are not getting any offers on your home.

If you are considering selling your home, I would be more than happy to assist you in correctly pricing your house to get the highest reasonable price without losing buyer traffic.I’m here all day, every day in Garden City and surrounding villages.

Only 4 weeks or so till Spring.

Peter Owen


Designers, Builders Reveal Hot Trends for 2015

Here are three predictions for residential design, including a growing kitchen niche, a caveat on smart home devices, and updated staging tips.


At the combined International Builders Show and the Kitchen & Bath Industry Show in Las Vegas last week, REALTOR® Magazine picked up three key trends to watch for in the coming year and beyond.

Foodies Changing Mainstream Kitchen Design

Designers and builders are starting to realize this foodie thing isn’t just a passing phase, and many are thinking about how best to serve a growing niche in kitchen design.

“Think about different questions to ask home owners about their food acquisition,” says Judith A. Neary, principal of Roadside Attraction Design Studio LLC in Vashon Island, Wash. “Do you have a garden? Do you do canning? Where do you store that? I have to have these conversations with them. We’re trying to plan a kitchen solution for that.”

These changes are also reflected in appliances, with foodies demanding high-temperature cooking options—in excess of 700 F. There’s also been an increase in interest in induction cooking, which heats pots using strong magnets, according to chef and author Jan D’Atri.

“I don’t think the technology was there before. Now it is, and it’s a great option.”

D’Atri also predicts high-end consumers will soon expect newer cooking options, such as the combi ovens (a steam and convection oven rolled into one) instead of a traditional second oven.

But small changes can make a big difference in the foodie kitchen of tomorrow, too. “It’s all about being really thoughtful about the things that are going to make a difference,” says Karman Hotchkiss, executive editor for Better Homes and Gardens’ Special Interest Media. She notes that a niche within the larger foodie niche, the “baker’s kitchen,” often includes a surface with “little divots for bringing eggs up to temperature. That’s really thoughtful.”

Connected Devices May Stumble

This year’s show was buzzing with talk of smart home technology. But builders and designers were also told to be cautious in their embrace of emerging smart home technology.

“Be careful about who you hitch your wagon to,” says Jacob Atalla, vice president of sustainability initiatives at KB Home. He notes that there are a lot of relatively unknown companies serving up new home technology products, and there’s no guarantee how long they’ll be around or how well their products will work. “There could be some disappointments in the future, so we shouldn’t rush into it.”

Chad Davis, senior director of digital media at the National Association of Home Builders, says that while this new technology—which includes products that control a home’s HVAC, entertainment systems, and appliances from the cloud—is overhyped and destined for a reality check, that doesn’t mean that it’s not here for the long haul.

“You’re going to hear in the next few years, ‘This didn’t work. This is a disappointment.’ Don’t buy that,” Davis says. “This is a fundamental shift in what is going to happen with our industry.”

Gray Is Here to Stay, But It’ll Share the Stage

Which colors are residential designers gushing over most?

“Warm Stone is my new favorite paint color,” says Kay Green, president of Kay Green Design Inc. in Winter Park, Fla., of the Sherwin-Williams neutral shade. “Chocolate brown is the new black and gray is the new beige.”

Stephanie Moore, principle of Moore Design Group in Dallas, agrees. “Everything in color terms is going more gray,” she says, though “white is huge in this industry now; I didn’t think it would ever come back.” Moore suggests using light, medium, and dark elements when staging to implement these trends in an eye-pleasing way.

Gray has been popular for a while, but Green says there’s been a change in how grays are fitting into the residential color palette.

“Now we’re using it with teal and straw yellow,” she says. “It’s a much more interesting color than it used to be.”

One color trend that surprises Green is the popularity of avocado with millennials.

“I’m thinking, ‘Why are you so excited about this color?’” She says she later realized that it was a generational thing: “It’s because they didn’t have a refrigerator that color growing up!”

Garden  City Stats

Garden City median sales prices


Number of sold homes in Garden City


Garden City average property price
Peter Owen is one of the  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.

Garden City – number of properties


If you would like a free Comparative Listing Report to see what price you  can expect in this market, just call or email me. Absolutely no  obligation or pressure.

Peter Owen

Licensed Real Estate Salesperson

The Donnelly Group

730 Franklin Ave, Garden City, NY 11530


Email:  petero@TheDonnellyGroup.com

Website: http://www.nassaucountynyhomes.com/


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