Along with the progress of every industry, the real estate market is changing, and more people are avoiding agents altogether in their transactions. Alternative solutions are much easier to find with the world’s knowledge at your fingertips, and as with other industries, a new option has emerged for buyers and sellers. So read on as we explore three ways the real estate market is changing in New York.
We are seeing more and more of these trends in larger cities like that in New York and even in its densely populated boroughs like Brooklyn, Queens, The Bronx, Manhattan, and Staten Island. Other markets like those in Long Island (Suffolk County and Nassau County), Rockland County, Dutchess County, Putnam County, Ulster County, Westchester County have also seen the same.
Speed isn’t typically something that comes to mind when considering hiring an agent to sell your home, and they can’t guarantee a sale or promise the closing date. Yet, technology allows for nearly instantaneous fulfillment of orders and has increased the demand for processing speedy transactions and changed the mindset of consumers. One of the ways the real estate market is changing in New York for sellers is in how professional investors like those at Tristate Holdings 167 work with a full-service in-house team of industry specialists, including every pro needed to close your deal within days. For sellers, the professional investors at Tristate Holdings 167 offer guaranteed closings, and you can work with us to pick the best day for your move. For buyers, the professional investors at Tristate Holdings 167 have built vast connections within the local New York real estate industry over the years, providing real estate investors with the scoop on great deals.
Another one of the ways the real estate market is changing in New York is in the standard expenses of listing with an agent, which now must include high-quality digital photography, drone footage for virtual tours and the services of a professional stager, to name a few.
On the other hand, professional investors like those at Tristate Holdings 167 won’t list your property, so there’s no need to spend money out-of-pocket when you sell directly, and you won’t pay any commissions or closing costs. Instead, the professional investors at Tristate Holdings 167 work with the most highly regarded skilled tradespeople in New York to assess the property and provide realistic numbers for comparing available investment properties to earn the highest returns on your investment.
With the average price of the home in New York City selling over $700,000 savings on commissions can be immense.
Another one of the ways the real estate market is changing in New York is in the convenience offered through alternative options, such as a direct sale to a local professional investor like those at Tristate Holdings 167. With a direct sale, you don’t even need to worry about making repairs; the professional investors at Tristate Holdings 167 buy homes as-is. You can skip the headaches of showings or keeping your home picture-perfect at all times. The professional investors at Tristate Holdings 167 will provide the information you need to decide if listing or selling directly is best for you. You’ll have a comparison of the amount you could earn from listing vs. the fair offer for a direct sale; sharing the details so you understand how we reached our number. A professional investor at Tristate Holdings 167 will tell you if a listing is better for you. The professional investors and the team at Tristate Holdings 167 believe in total transparency because we want you to feel good about working with us long after the closing, whether you’re buying or selling real estate in New York.
The real estate market is changing in New York, and the professional buyers at Tristate Holdings 167 are ready to help you navigate the ever-evolving real estate market while saving you time, energy, and money. The professional buyers and their team at Tristate Holdings 167 are your neighbors who live and work here in New York and are proud of our work, improving our community, and helping people overcome hurdles. The professional investors at Tristate Holdings 167 make buying, selling, and even managing real estate holdings easy with our property management team. Call Tristate Holdings 167 Inc. at 1-888-788-7478.
Our Real Estate Housing Market Forecast
We forecast mortgage interest rates will remain between 6%-7% or higher until June of 2023 making it unaffordable for many first time home-buyers in turn causing them to rent for now.
Home prices will continue to drop due to high inflation, rising mortgage interest rates and more inventory entering and sitting on the market for longer periods of time because of the smaller buying pool.
These circumstances will provide many options to potential home buyers that were priced out over the past 2 years allowing them to buy a home below market value to later refinance their high interest mortgage to a lower one once rates drop.
Tristate Holdings 167 is a team of Cash Home Buyers. We Buy New York Houses in the following areas, (Brooklyn, Queens, Bronx, Manhattan, Staten Island, Long Island, Yonkers, Mount Vernon, Westchester, Ulster County, Rockland County, Dutchess County, Putnam County, Oneida County, Schoharie County, Otsego County, Greene County, Sullivan County, Albany, Schenectady, Utica, Elmira, Cohoes, Ramapo,Catskills, Hempstead, Valley Stream, Saratoga Springs, Lake George, Oswego, Syracuse, New Rochelle, Babylon, Freeport, Guilderland, Wyandanch, Ithaca, Fishkill, Long Beach, Elmont, White Plains, Islip, Astoria, Port Chester, Kingston, Peekskill, Cobleskill, Saugerties, Greenwood Lake, Sleepy Hollow, Bronxville, Mahopac, Beacon, Hyde Park, Warwick, Poughkeepsie, Newburgh, Pomona, Valhalla, Niskayuna, Middletown, Harriman, Nyack, Inwood, Rockaways, Oneonta, Worcester, Schoharie, Queensbury) and other areas of New York.