housing market

February 13, 2023

January’s New Home-Listings on Staten Island Fall 17 Percent As Measured Against First Month of 2022

STATEN ISLAND, N.Y. – The U.S. housing market began the year in a state of rebalance, with many buyers and sellers remaining cautious as they wait to see where the market is headed. A newly released report from the Staten Island Board of Realtors® (SIBOR) reveals new home-listings on Staten Island decreased 17 percent in January […]
November 11, 2022

Staten Island Housing Market Slows in Step with Nationwide Trend

STATEN ISLAND, N.Y. (Nov. 11, 2022) – Mirroring a drop in home sales across the United States, pending sales on Staten Island were down 37.5 percent in October, as compared to the same month a year ago, and down 20.1 percent year to date, according to the latest data from the Staten Island Board of Realtors® […]
July 11, 2022

Staten Island Housing Market Taps Its Brakes Amid National Climb in Home Prices, Mortgage Rates

STATEN ISLAND, N.Y. (June 11, 2022) – The real estate market across the country is in transition due to rising inflation, low inventory, and increased mortgage interest rates that have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6 percent as of last measure in May, the Federal […]
July 8, 2021

Staten Island Home Prices at Record Highs As Buyers Embrace Low Mortgage Rates

FOR IMMEDIATE RELEASE: THURSDAY, JUNE 8, 2021 Staten Island Home Prices at Record Highs As Buyers Embrace Low Mortgage Rates STATEN ISLAND. N.Y. – The Staten Island housing market continue its frenzied pace in June, with low interest rates and limited inventory fueling record-high sales prices, as reflected by the latest report from the Staten Island […]
April 22, 2021

5 Ways a Staten Island Real Estate Professional Can Guide You From an Internet Search to Homeownership

Visiting SIBORREALTORS.com is a smart first step for local home buyers, followed by connecting with a Realtor® member of the Staten Island Board of Realtors® STATEN ISLAND, N.Y. – In 2020, home sales reached their highest point in 14 years. In the process, the number of consumers who did Internet research about a home purchase reached an all­time […]
December 9, 2020

Staten Island Experiences Strong Home-Buyer Demand During a Typically Slow Time of Year

Pending home sales in the borough are up 44.5 percent in November, as compared to the same month a year ago STATEN ISLAND, N.Y. (WEDNESDAY, DEC. 9, 2020) – The Staten Island housing market continued to show strong activity in November, contrary to the norm for this time of the year. Reflecting a trend across most […]