New York - Long Island - Hampton's Blog

May 28, 2024

How the Recent NAR Ruling Affects Long Island Home Sellers and Buyers

Earlier this spring, the National Association of Realtors (NAR) settled a commission lawsuit, resulting in changes that have rippled throughout the real estate industry. While none of the changes are monumental, news of real estate commission restructuring has dominated the headlines in recent months. With new rules now set to ...

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Jan. 18, 2024

Early Spring Will Be the Key Time to Buy or Sell a Home on Long Island This Year

If you put your plans to buy or sell your Long Island home on hold in 2023, spring 2024 will be the key time to get back into the market. While last year offered some definite challenges for the housing industry, US real estate is expected to roar back stronger ...

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Dec. 4, 2023

A Look at 2024: What’s Ahead for the Long Island Housing Market in the New Year

2023 was another interesting year in Long Island real estate! The year started with robust predictions for the housing market that faltered under increased rate hikes as we headed toward summer, before picking up steam again to close the year right about where those expert predictions thought we’d land. As ...

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Oct. 25, 2023

Benefits of Selling Your Long Island Home When Inventory is Low

Have you been holding off on selling your Long Island home due to low inventory? Need to make a change, but not sure you can find a new home that suits your needs? Don’t let the fear of the current market keep you from doing what’s best for you and ...

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Sept. 20, 2023

Home Price Forecast Revised for Q4 of 2023

At the beginning of 2023, many experts predicted that home prices would dip at the end of the year. After months and months of sustained home price growth, it seemed inevitable that this would be the year where we’d see a small change in home prices.

 

However, 2023 hasn’t ...

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Aug. 24, 2023

What We Can Expect for the Fall Long Island Home Selling Season

The weeks after Labor Day traditionally bring a “second wave” of real estate to the Long Island market. Though with high interest rates, sustained inflation, and low inventory, can we expect to see the same trend hold true this fall?

 

Our team had sold more than a billion dollars ...

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July 20, 2023

Should You Sell Your Long Island Home or Stay?

Low inventory conditions persist in the Long Island housing market. If you've been thinking of moving this fall but aren't sure if it makes sense to sell your home, stay, or rent it out, we'll help you work through the potential upsides and downsides so you can ...

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June 20, 2023

4 Reasons to Sell Your Long Island Home This Summer

Summer has arrived on Long Island and when it comes to the housing market at least, things look quite a bit different than they did last year. Month after month of red-hot growth has noticeably cooled as inventory remains low and interest rates continue to impact affordability. Yet if you ...

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May 2, 2023

What to Expect From the Long Island Housing Market This Summer

Spring and summer are usually some of the busiest seasons for the Long Island housing market. When the weather warms up and the school year draws to an end, many people make plans to move, whether it’s purchasing their dream home on the water, downsizing to a smaller property, or ...

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Feb. 23, 2023

Long Island Spring 2023 Real Estate Market Outlook

 

Winter is fading, the seasons are changing, and we’re seeing more positive news for the Long Island spring 2023 real estate market! While Q4 of 2022 was sluggish and marked by economic uncertainty, Q1 of 2023 is heating up nicely. A drop in interest rates from highs of 7 ...

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