Should You Buy or Sell Now… or Wait? Real Talk for Metro NYC Homeowners

With rising interest rates and fluctuating inventory, it's natural to wonder whether it's a good time to buy or sell. Here's the real deal for Metro NYC homeowners:

For Buyers:

• Pros: More inventory means better choices and some price stabilization.

• Cons: Rates are higher than 2022, but still manageable with creative financing options.

For Sellers:

• Pros: Demand remains high for move-in ready and well-priced homes.

• Cons: Overpricing can lead to longer days on market, so smart pricing is critical.

Personal Factors Matter:

• How long do you plan to stay?

• Are you financially ready for today's mortgage rates and homeownership costs?

• Will selling now help you achieve a bigger goal (relocation, downsizing, upgrading)?

Not sure if now is your time? Let’s talk it through — no pressure, just real advice.