Current Real Estate in Malverne, Garden City, Garden City South, West Hempstead and others January 2017

Peter Owen, Licensed Real Estate Salesperson
Better Homes & Gardens Atlantic Shores.
55 Hilton Ave, Garden City, NY 11530.
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

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Local Stats:
Garden City

 Garden City South

New Hyde Park
 Floral Park
 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

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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