Whether you’re a first-time homebuyer or someone interested in moving to a new neighborhood, the Long Island and Queens Realtor Open House Weekend later this month offers you the perfect opportunity to go house hunting.
With job creation 30 percent stronger this year compared to a year ago, unemployment near a 9-year low, and wages and incomes growing at the largest levels in about eight years, consumer confidence has been sparked in home-buying and-selling.
To meet the high buying demand, thousands of homes will be open to the public as part of the Long Island Board of Realtors® (LIBOR) 8th Annual Long Island and Queens Realtor® Open House Weekend, Saturday, April 22 and Sunday, April 23.
For the past eight years, the Open House Weekend has marked the spring renewal of Long Island’s homebuying season. Spring is typically a busy season when it comes to real estate. After the long winter, the popular weekend brings out the community and proves to be a perfect time for buyers and sellers alike. Buyers can revive their dreams of homeownership and start looking for a home with a fresh outlook. For those selling their home, high buyer demand and our community turnout ensures a lot of traffic.
According to the National Association of REALTORS®, 89 percent of homebuyers use the internet in their home search scanning neighborhoods, prices and home features. However, it is difficult to experience a home from an online photo. Maybe that is why 48 percent of homebuyers visit open houses during their home search.
“Despite the digital age, open houses have remained an important resource for buyers when it comes to their home search process. Open houses are a key to success in the spring market, and are a boost to spring homebuying activity. Buyers can get a jump on the spring purchasing season by visiting open houses during the Long Island Board of Realtors® Open House Weekend. The Open House Weekend also gives Realtors® a chance to connect with the community about housing issues that matter most to them,” said David Legaz, LIBOR president.
The Open House Weekend is a fun, time-saving opportunity to pick your favorite neighborhoods and experience several homes in one day. It is a no-pressure way to see what is out there and consider what you like. There will be thousands of open houses for you to attend throughout Nassau, Suffolk and Queens Counties. The public is encouraged to check www.lirealtor.com/hom for times and locations.
