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New York City Realtor KAREN KOSTIW

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Archives for October 2023

Affordable Homeownership Strategies for Gen Z

Gen Z, the "Zoomers" born between 1997 and 2012, making homeownership dreams a reality can feel like quite the challenge today with higher mortgage rates and rising home prices. Owning a home has always been a big part of the American Dream. It symbolizes stability, independence, and having a place to truly call your own.   But achieving that goal of owning your first home Continue Reading

Invest in Yourself by Owning a Home

Buying a home, you may be pondering if it makes sense to do so right now. While today’s mortgage rates might seem intimidating, here are two compelling reasons why it may still be an excellent time to become a homeowner. Home Values Appreciate Over Time There’s been a lot of confusion around what’s happened with home prices over the past two years. While they did dip ever so slightly in late Continue Reading

The Perks of Selling Your House When Inventory Is Low

When selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move. One thing that may work in your favor is how few homes are currently for sale. Here’s what you need to know about the current inventory situation and its meaning. The Supply of Homes for Sale Is Far Below the Norm When you’re selling something, it helps Continue Reading

Why Home Prices Keep Going Up

If you've ever dreamed of buying your own place or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions that changing home prices can stir up. It's a tale of financial goals, doubts, and a dash of anxiety that many have been through. But if you put off moving because you’re worried home prices might drop, make no mistake, they’re not going down. It's Continue Reading

Home Price Growth Is Returning to Normal [INFOGRAPHIC]

Some Highlights If you're wondering what’s happening with home prices, know they’re still rising at a slower pace – and that’s perfectly normal for this time of year.   Based on typical seasonality in the market, prices increase most in the spring during the peak buying season, and then price growth slows down as the year progresses. Home prices Continue Reading

The Risks of Selling Your Home on Your Own

  Are you considering selling your home as a For Sale by Owner (FSBO)? If so, know there's much more time and expertise needed in that process than you might think. While the idea of doing it all alone might seem tempting, it's essential to recognize the challenges you may face if you take it all by yourself. As a recent article from Bankrate explains: “Choosing the right price, Continue Reading

What Are the Real Reasons You Want To Move Right Now?

If you're considering selling your home right now, it's likely because something in your life has changed. And while things like mortgage rates play a big role in your decision, you don’t want that to overshadow why you thought about making a move in the first place. It’s true mortgage rates are higher right now, and that has an impact on affordability. As a result, Continue Reading

How Buying a Multi-Generational Home Helps with Affordability Today

In today's world of rising housing costs, many buyers are looking for ways to be still able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Here’s an in-depth look at why more buyers are choosing this option Continue Reading

Are Higher Mortgage Rates Here To Stay?

Mortgage rates have been back on the rise recently, and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):   That can feel like a gut punch if you’re considering moving. If you’re wondering whether or not you should delay 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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