BROOKLYN REAL ESTATE MARKET FORECAST:
Continuing from June... Inventory of homes available for sale in most parts of Brooklyn are at a 6.5 year low! The market is extremely fast paced... many properties are being sold within hours of being listed! Interest rates on a 30 year fixed mortgage is still hovering at about 4.50% which historically is very low!
Price is still the most important factor when placing your home on the market. The best strategy for most homeowners right now is to ask the lowest price possible and taking a firm negotiating stance. It is a great time to sell and your home may be worth more than you think! If you are considering selling in the near future, do it sooner rather than later because the market is hopping now!
You must be decisive and move quickly with vigor & vim if you want to get a good deal! The longer you wait, the more likely it is that interest rates will go up and/or you will be paying a higher price for the house! If interest rates go up a mere half percent, that would be more costly as oppossed to simply raising your offer an additional $20,000 now!
Are you thinking of selling your home or just wondering how much your home is worth, I urge you to contact me today! If so I would be happy to provide you with a FREE estimate of your home's market value! This can be done via email, phone or in person.
Are you curious as to what's been selling around your neighborhood lately? If so I can provide you with a list of all the homes that have sold in your area during the last six months!
There is no obligation for these services and you need to be armed with as much information as possible to stay competitive in the Brooklyn real estate market!
Please browse this web site for listings, virtual tours, reports, videos and important local real estate information. I would also recommend visiting my Brooklyn Real Estate Blog (the link is on the left side of this page) for a myriad of informative real estate related articles! My company web site http://www.Fillmore.com offers thousands of additional homes currently being marketed for sale.
Request me as a friend on www.FaceBook.com, add me to your LinkedIn network at www.LinkedIn.com/in/RealtorMitch and follow me on Twitter at http://Twitter.com/RealtorMitch.
Mitchell Feldman, e-Pro Realtor
Associate Broker/ FIRM Team Leader
Fillmore Real Estate, Inc.
Office: (718) 252-2000 / Cellular: (917) 805-0783
Licensed Associate Broker in New York State