2023 WAS AN UNPRECEDENTED YEAR!
With interest rates continuing to skyrocket, sellers hit the pause button which caused housing inventory to reach new historic lows. As a result, prices soared yet the number of overall housing transactions plummeted. The market felt red-hot even though, similar to last year, very few homes actually changed hands. Sellers received top prices, while buyers were frustrated that almost every house they might desire had multiple bids.
Looking ahead, our local markets will continue to remain very strong, driven by the enduring appeal of easy NYC access, top-rated schools, and vibrant communities.
In 2024, we look forward to helping our sellers with meticulous home preparation, a well-timed pricing strategy, and a robust marketing plan to reach optimal results. Buyers, be ready to make quick decisions and leverage our guidance, statistical insights, and polished marketing support.
Click to Read 2023 Market Review
Whether you’re selling or buying, let’s meet and navigate the evolving real estate landscape together!
• The Elizabeth Winterbottom Team •
