Source: Hedges —
Questions. They are everywhere around us, and new ones keep popping up all the time. At certain moments, it can even feel that the more we know, the more answers we seek. With that in mind, we turned to real estate experts and insiders on Long Island to learn what essential questions buyers and sellers need to be asking in the current market and climate. Also, we’re curious, what is the number one question you are hearing these days?
Michael Jordan Sadis
Serhant.
Northport
The number one question these days is around interest rates. Sellers are wondering how the interest rates have affected home pricing on Long Island and are asking if I believe they will continue to rise into the spring market. I also often hear from buyers, “Does the amount of money I put down at contract signing still strengthen my offer?” or, “If issues come up after inspection, can we use this as a way to renegotiate?”
