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Long Island Real Estate Agents Give Their 2023 Predictions

By Taylor K. Vecsey

Posted on December 31, 2022 Source:

Original article:

I see a lot of opportunity as we enter 2023. I’m pleased to report that I’ve seen activity pick up in December and clients I’m working with are still looking and are motivated to buy. On the flip-side, I have sellers who are planning to list their homes in early ’23, so the market is definitely active. In the new year, I do think the most important factor will be pricing properly and working with a seasoned agent who has experience in all types of markets. I expect steady conditions, with unique/special properties faring very well and pricing to be more in line with the market as we get further into the year. I also believe that East End rentals will fare better than they did in ’22. After so much international travel over the past year, many people may be looking for a getaway closer to home.

-Sheri Winter Parker