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New York City Realtor KAREN KOSTIW

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Archives for October 2022

Housing Market

Housing Market Insights

  The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on professionals for insights. Here are a few things experts are saying about the fall housing Continue Reading

The Journey To Buy a Home [INFOGRAPHIC]

  Key Take Aways When you head out to buy a home, several key milestones will be encountered along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your journey starts here. Let’s connect, so you have expert guidance each step of the way. Other educational Continue Reading

interest rates

Two Questions Every Homebuyer Should Ask Themselves Right Now

                        Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This leaves some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But Continue Reading

Manhattan Market Report

Manhattan Market Report, September 30, 2022

Manhattan Market for the week ending September 30th supply of 7,398 remains in line with last year. Contacts Signed, 2,827 has broken the 3,000 thresholds we have not seen since January 2021.  The fall season's lackluster enthusiasm is due to several factors:  stock market jitters, rising rates, environmental and economic turbulence abroad and domestically, and holidays.  We await Continue Reading

Homeownership

Homeownership Long-term Benefits

  Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning homeownership. Should I still buy a home this year?  While this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Homeownership Long-term Benefits: Equity and Continue Reading

Market

NYC Market Report Q3 2022

.   Season Change, Mood Change: One Size Does Not Fit All in New York City Real Estate Market The NYC real estate market is witnessing climbing interest rates, falling stock prices, and contested elections with upcoming new elections. Recession talk abounds as the summer of 2022 moves into fall. While the job market remains strong, New York City's prevailing mood is disquiet. The real Continue Reading

The Cost of Waiting for Mortgage Rates To Go Down

  Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information to help you make an informed decision when setting up your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact your purchasing power by raising the cost of Continue Reading

Rent

How Much Rent Can I Afford in NYC?

September 15, 2022 / Written by Corporate Suites Staff   Ideally, you do not want to spend more than 30% of your monthly income on rent. So if you make $9,000 a month, you can afford around $3,000 a month for rent, and you can do so comfortably. Many landlords go by something called the 40x rent rule. If they’re charging you $2,000 a month for rent, they’ll look at your income Continue Reading

Other educational articles about the market and your home search are under Karen’s Blog.

How To Prep Your Home for Sale This Fall

  Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your Continue Reading

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124 Hudson Street
New York NY, 10013


Karen Kostiw
(917) 524-4152 Cell
(212) 327-9622 Office
(646) 422-4083 Fax

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