BROOKLYN REAL ESTATE
2015 MARKET FORECAST
In the 4th quarter of 2014 the Brooklyn real estate market has continued to pick up fierce momentum. Although supply is down, new homes coming on the market and being inundated with offers. Right now, many homes are being sold for at or above the full asking price. This is a verifyable fact if you do research on Brooklyn public record and/or online.
As a licensed real estate agent in Brooklyn since 1993, in my opinion... our market offers much opportunity for both buyers and sellers as we enter into 2015. The Brooklyn real estate market is poised to continue to grow in volume and prices should continue to increase geometrically over the next 3 to 5 years due to pepped up demand for primary residences. Sellers can reap the benefit of sales prices that now exceed the previous height of the market back in 2007!
At the same time, home purchasers can feel confident that they are making a sound investment for their future financial well being. Especially given that mortgage rates are so still very low, chances are it will be more expensive for you to buy a home later if you delay procuring your purchase.
It is a great time to sell! Prices have now topped those during the previous height of the market back in 2007. 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 on fire right now and you have less competition!
As a courtesy for homeowners in Brooklyn...
Send me an email with your property address and I will reply within 6 hours with a FREE report showing the approximate market value of your home! I will also include a list of homes that have sold within a 3 block radius within the past 3 months & my list of "Secret Tips on How to Increase the Value of your Home When Selling". There is no cost or obligation!
Send email to: Mitch@MitchellFeldman.com
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 your home! If interest rates go up a mere half of a percent, that would be more costly on a monthly basis as oppossed to simply raising your offer an additional $20,000 right now (based on $400,000 30 year fixed mortgage at 4.0%).
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