median home prices in Long Island from 2023 vs 2024
Low inventory is still having a huge affect on the real estate industry. This is one reason why there's not going to be a crash like 2008. At that time there was an oversupply of homes and relaxed lending practices. Which mostly aren't allowed anymore.
Don't wait to buy a home! Maybe you can't buy your dream home, in the area you want right now, but start somewhere. Your not gaining anything from renting. Use that property to level up to the next step in the future. Tell you reach where you want to go
Contact me if you want to go over a game plan or click the link in my bio to start your home search through my website of available listings
Info from Long Island MLS
Derek Pretlow III with EXP Realty NY Realtor®
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