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New York City Realtor KAREN KOSTIW

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kkostiw

Get Your House Ready To Sell This Winter [INFOGRAPHIC]

Some Highlights As you get ready to sell your home, add a few things to your to-do list to make it inviting and boost curb appeal. To name just a couple, it’s a good idea to declutter, take down personal photos and items, touch up any scuffs on the walls, and tidy up your landscaping. Connect with a trusted real estate professional for advice on what else you may want to Continue Reading

Sell Smarter: Why Working with a Real Estate Agent May Beat Going Solo

If you're considering selling your home on your own, called “For Sale by Owner” or FSBO, there are some essential things to consider. Going this route means taking on a lot of responsibilities by yourself – and that can be a bit of a headache. A recent report from the National Association of Realtors (NAR) found two of the most challenging tasks for people who sell their home Continue Reading

Why Mortgage Rates Could Continue To Decline

When you read about the housing market and mortgage rates you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here's what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary goals is to lower Continue Reading

Expert Quotes on the 2024 Housing Market Forecast

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to move. But what’s on the horizon for the new year? The good news is Continue Reading

Why Now Is Still a Great Time To Sell Your House

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there. The housing market isn't as frenzied as it was during the ‘unicorn’ years when buyer demand was through the roof, mortgage rates were historically low, and home values rose like we’ve never seen before. But that Continue Reading

What You Need To Know About Down Payments [INFOGRAPHIC]

Some Highlights If you want to buy a home, you may not need as much for your down payment as you think. There are various loan options for qualified buyers with down payments as low as 3.5% or even no down payment requirement. Thousands of programs are also available to help homebuyers with their down payments. With the right resources, your down payment may be more Continue Reading

If Your House Hasn’t Sold Yet, It May Be Overpriced

Has your home been sitting on the market for a while without selling? If so, you should know that’s unusual, especially now. That’s because the supply of homes for sale is still far lower than we’d see in a typical year. That means buyers have fewer options than usual, so your house should be an oasis in an inventory desert. So, if homebuyers have limited choices and your house still Continue Reading

The Surprising Trend in the Number of Homes Coming onto the Market

If you're considering moving, knowing what's happening in the housing market is essential. Here's an update on the supply of homes currently for sale. Whether you're buying or selling, you should pay attention to the number of homes in your area. In the housing market, regular patterns happen every year, called seasonality. Spring is the peak homebuying season, and most homes are Continue Reading

Down Payment Assistance Programs Can Help Pave the Way to Homeownership

In New York City, the typical down payment a home buyer needs to come up with is 20%.  There is no law that a buyer has to put down 20%, but this is the benchmark for conventional financing.  Additionally, cooperatives in New York City have their specific down payment, debt-to-income, and cash liquidity after closing requirements. There are situations where you purchase a home, even in a 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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