Reports released in the beginning of August showed that the number of home sales on Staten Island are up 26% from last month, in fact they are the highest they have been in over 13 months.

The jump in the increase of Staten Island home sales can be attributed to many factors such as th $8,000 tax credit for first time homebuyers, banks offering low interest rates, FHA Loan Programs and the stabalizing of Wall Street and the banking system.

As the Staten Island real estate market continues to improve we have seen that homes are staying on the market less time before selling.

If you are considering purchasing a home in Staten Island now may be the time to make your decision to purchase.  With the real estate market rebounding and Staten Island homes selling quicker and quicker there is less time to be on the fence about deciding to purchase a property in Staten Island.  There are more people looking to purchase homes in Staten Island now than what there has been in the past year which means the house you have your eye on may sell quicker than what you expect so you may want to make a move quicker than what you would have needed to do a few months ago.  Also, currently prices for Staten Island property are still low compared to what they were before the financial crisis.  If you are interested in purchasing a Staten Island home now may be the time to make a move before the home prices rise from the improving economy, not to mention to use the resources that are still available at this time such as the first time homebuyers credit which will run until the end of this year.

Purchasing a home should be a smooth experience for you.  Steven T. Decker makes sure he does everything on his part to make your transaction go as smooth as possible for you, the valued client.  If you would like an experienced Staten Island Real Estate attorney to handle your real estate needs contact Steven T. Decker at 718.979.4300.