There is no doubt that the increases in mortgage rates have slowed down the housing market over the last six months, but it’s not even close to what occurred in 2008. The inventory accumulation back then was 10.4 months (MLS stats) whereas currently, it is 3.2 months. So bubbles in inventories generally cause prices to go down as supply becomes greater than demand (the typical supply/demand economics) and competition among sellers becomes heightened, which leads to lower prices.Currently, we have much higher prices and interest rates so the prospect of becoming a homeowner has faded for so many. The lines at open houses are gone and offer at asking prices and above are gone. Properties are still selling, however, and although prices are moderating, they are still holding — again due to ... 11/18/2022

All Things Real Estate By Philip A Raices - March 1, 20210 22 Who will you be hiring when selling, investing, purchasing, renting, or leasing your residential or commercial real estate, a salesperson or a consultant, or both? Hopefully, you will find a professional who is a hybrid and represents a combination of both types. Everyone who is selling needs a salesperson to seek out the most serious, motivated, qualified income and the creditworthy purchaser who will fall in love with your home, right? But at the same time has the savoir-faire and astute knowledge to be a professional consultant by asking probing questions to ascertain, narrow down and pinpoint those who are the real buyers from those who are the tire-kickers and shoppers, out for a day perusing homes for whatever reason. ... 03/01/2021

By Philip A Raices  December 23, 2017        We had our first snowfall 2 weeks ago and it was kinda nice to see those snowflakes finally fluttering down to christen the beginning of our 2017-2018 winter. Of course, I waited til the next day to shovel, since I actually had a lazy streak that night and as you get a bit older, you can pick and choose your battles, right? Well, I decided to spend the night with my wife and enjoy! Although it wasn’t a huge snowfall, maybe three to five inches, it was almost gone by the afternoon the next day. Do you really think that the cash and mortgage qualified purchasers took a vacation? Are you kidding? Of course not, they are lining up at open houses and grabbing what they can before the end of the year. We’ll see what the Trump Tax plan will yield; ... 12/23/2017

$4,250,000, 7Bd/9+Ba Single Family House, 11000 sqft.     Shirley Chow | NY Best Homes Realty | 516-639-6807schow2k@gmail.com | 60 Nassau Dr, Great Neck, NY 11021 Great Neck – Magnificent New Construction House 7Bd/9+Ba Single Family House   $4,250,000 Year Built 2011 Sq Footage 11000 sqft. Bedrooms 7 Beds Bathrooms 9+ Baths Parking 3 Garage Laundry In Unit Lot Size 0.47 Acres Virtual Tour www.seethepropert... Website www.nybesthomes.c... DESCRIPTION Magnificent New Construction In The Prestigious Village Of Kensington. Incredible Quality, Appointed 11000 Sqft. Mansion On 1/2 Acre W/2 Curved Dynasty Staircase, 7 Baronial Sized Br/10 Baths! Master Suite with Steam room, Fire Place & Balcony, Plus 5 Large Bedroom Suite, Grand Room w/Fire Place, Elevator, Pella Windows,3 Car Garage, Brazi... 04/14/2014

Feng Shui Great Neck New York Home Consulations Is the energy in your home, apartment or business feeling stagnant or stuck?  Or perhaps you are simply looking to renovate or redesign your space utilizing the principles of Feng Shui.  This beautiful ancient practice can help awaken your higher consciousness thus teaching you how to follow and listen to your intuition, which gives great  insight into life’s challenging situations while at the same time offering resolutions. Approaching Feng Shui wholeheartedly allows you to be honest with yourself and see areas of your life that need to be addressed which allow you to see doors of opportunities with clearer eyes.  Feng Shui creates a unique “plan of action” for life and makes any redesign or renovation project that much easier to impleme... 11/04/2013

Feng Shui Interior Design Consultations for Great Neck NY Homes please keep in mind fees are all the same no matter the size of your home, business or apartment.  Fees are based the amount of time we work together on-site.  First: An on site interview is provided to help you understand the specific areas of your life you are certain to enhance with Feng Shui. This requires sharing information about key events of your past, which paved the way to your current life situations and understanding your future plans.  This allows insight into your main intentions for why you are having a Feng Shui consultation. Usually clients have 2-3 key areas in their life they wish to focus on during the consultation. Please keep in mind, what tends to happen during the Feng Shui process is development of ... 08/11/2013

All about Great Neck New York: The village of Great Neck is 100 years old year. One of the village is located near Manhattan. The village is beautiful with its tree-lined streets. Residents can access waterside park, complete with pools tennis court sand athletic field and playgrounds. Middle Neck Road offers up scales shops and restaurants and House of worship. The train station is near by and the commute to  NYC is just a 30 minute ride. The Coops: 184 listing available as of Jan,2013: $1,395,000 highest price, $232,000 Median and $80,000 is the lowest.   Listing as of Jan 2013: 139 homes for sale at an average price of $1,398,000 , Low price at $380,888 Sold listing as of Jan 2013: 16 homes sold at an average price of $1,277,750 Median price at $1,299,000 and the lowest price is $679... 02/14/2013