The Pesce & Lanzillotta Team Blog

2023 was another interesting year in Long Island real estate! The year started with robust predictions for the housing market that faltered under increased rate hikes as we headed toward summer, before picking up steam again to close the year right about where those expert predictions thought we’...

Have you been holding off on selling your Long Island home due to low inventory? Need to make a change, but not sure you can find a new home that suits your needs? Don’t let the fear of the current market keep you from doing what’s best for you and your family. There are some great benefits of se...

At the beginning of 2023, many experts predicted that home prices would dip at the end of the year. After months and months of sustained home price growth, it seemed inevitable that this would be the year where we’d see a small change in home prices.However, 2023 hasn’t gone as predicted. With th...

The weeks after Labor Day traditionally bring a “second wave” of real estate to the Long Island market. Though with high interest rates, sustained inflation, and low inventory, can we expect to see the same trend hold true this fall?Our team had sold more than a billion dollars in real estate com...

Low inventory conditions persist in the Long Island housing market. If you've been thinking of moving this fall but aren't sure if it makes sense to sell your home, stay, or rent it out, we'll help you work through the potential upsides and downsides so you can make the best decision.For more per...

Summer has arrived on Long Island and when it comes to the housing market at least, things look quite a bit different than they did last year. Month after month of red-hot growth has noticeably cooled as inventory remains low and interest rates continue to impact affordability. Yet if you've been...

Spring and summer are usually some of the busiest seasons for the Long Island housing market. When the weather warms up and the school year draws to an end, many people make plans to move, whether it’s purchasing their dream home on the water, downsizing to a smaller property, or relocating to or...

Winter is fading, the seasons are changing, and we’re seeing more positive news for the Long Island spring 2023 real estate market! While Q4 of 2022 was sluggish and marked by economic uncertainty, Q1 of 2023 is heating up nicely. A drop in interest rates from highs of 7%+ to a more modest 5%+ ha...

The holidays are here! That means it’s time to unroll the tangle of twinkle lights in the garage, set up the tree or menorah, and give your home a dose of holiday cheer. However, if your home is currently on the market or you’re planning to list in the next couple weeks, you might be hesitating. ...

Midterm elections often mean hotly contested races for seats in the House and Senate and polarizing issues that sweep the country. Though this year’s midterm elections were no exception to the norm, they did offer one unusual result – mortgage interest rates have corrected a bit since November 8t...