Patricia Ottati, Licensed RE Associate Broker

Patricia Ottati, Licensed RE Associate Broker Patricia Ottati is a Licensed Real Estate Associate Broker

Not sure where to start if you’re thinking about moving? You’re not alone. Right now, there are actually 4 different hou...
09/24/2026

Not sure where to start if you’re thinking about moving? You’re not alone.

Right now, there are actually 4 different housing markets running at once, and each one plays by its own rules.

Cash buyers. Buyers taking out a mortgage. Homeowners feeling reluctant to give up their current low rate. And builders eager to sell their extra inventory.

Which group you fall in can completely change how you should approach your move. But that’s where an agent comes in.

We have the expertise on what to do for your specific situation and the strategies that are going to work for you.

Comment below and tell me which group you’re in. Let's figure out your next move from there.

Let's talk about it.. call 347-392-0381

Homes priced at $1M+ saw sales jump 14.8% compared to last year, even as the overall housing market cooled off. That’s a...
09/10/2026

Homes priced at $1M+ saw sales jump 14.8% compared to last year, even as the overall housing market cooled off. That’s according to the latest data from NAR.

If you’re sitting on a high-end property, this is a good time to be selling. Buyers with serious budgets are active right now, and well-priced luxury listings are moving fast.

Not sure how this applies to your house or our market? Drop a comment or send me a DM, and let’s figure it out together and build a plan that gets you the speed and price you’re after.

Let's talk about it.. call 347-392-0381

Think New Homes Cost More? Not Right Now.New homes may actually cost less than an existing home right now. And that’s op...
09/03/2026

Think New Homes Cost More? Not Right Now.

New homes may actually cost less than an existing home right now. And that’s opening up a window for you to get brand-new for less.

If you want a list of new home communities near you that are currently offering incentives or doing price cuts, let’s connect. That way you have someone in your corner helping you get the best deal possible.

Let's talk about it.. call 347-392-0381

Most people think a newly built home costs more than an existing one. But right now, that’s actually backwards.

Quick question: what's the one word you'd use to describe this year so far?For a lot of people, it's stressful. And when...
08/27/2026

Quick question: what's the one word you'd use to describe this year so far?

For a lot of people, it's stressful. And when everything feels shaky, it’s easy to second-guess the move you were ready to make. But the truth is, the housing market is one thing that’s been remarkably stable.

Home prices have been relatively steady for about 4 years now. The number of homes for sale is right about where it was last year (up 2%). And mortgage rates have held in the same general 6-7% range since late 2022.

A steady market comes with a perk. You can actually plan. What works for your budget today probably won’t look all that different in a few months.

You don’t have to wait for things to calm down. The housing market’s already pretty steady. Send me a DM or drop a comment below, and let's compare the market you walked away from to the one that's here now.

Let's talk about it.. call 347-392-0381

One of the biggest stories in the housing market these past few years has been how much the supply of homes for sale has...
08/20/2026

One of the biggest stories in the housing market these past few years has been how much the supply of homes for sale has grown. It’s the #1 bright spot for buyers in this market.

But you may have heard that growth has been slowing down.

It’s true it went from +31% a year ago to just +2% now. But that’s no reason to worry about your move.

Because nationally, inventory has been up year-over-year for 33 straight months. And the latest data shows the slowdown may have already hit its floor.

Plus, since rates aren't expected to come down much anytime soon, inventory growth may be about to pick back up.

The bottom line? Inventory is still better than it was last year – and that gives you options. And even more choices may be coming soon.

Wondering what this means for your plans? Send me a DM and let's talk through what’s available right here, right now.

Let's talk about it.. call 347-392-0381

Mortgage rates aren’t random. They’re affected by 2 numbers. The 10-year treasury yield and something called "the spread...
08/13/2026

Mortgage rates aren’t random. They’re affected by 2 numbers.

The 10-year treasury yield and something called "the spread." That's the gap between the 10-year treasury yield and mortgage rates, and it usually sits around 1.76 percentage points.

Back in 2023, the gap in the spread ballooned up to 3.19 in response to economic uncertainty. If it were still that wide today, rates would be pushing almost 8%.

But the good news is the gap has narrowed to 2.01 (a lot closer to the long-term norm). And that’s a big positive for rates. It’s why today’s mortgage rate is in the upper 6s instead of touching 8%.

Here's the part a lot of people miss. Where rates are right now are already pretty close to what a totally normal spread would produce – a mortgage rate around 6.5%.

In other words, the fact that the spread has narrowed in recent years has helped mortgage rates. Sure, they’re still higher than you may want, but it could be worse...

Let's talk about it.. call 347-392-0381

Big Investors Are Backing Off and That’s Your OpeningBig investors are stepping back, and they're adding homes to the ma...
08/06/2026

Big Investors Are Backing Off and That’s Your Opening

Big investors are stepping back, and they're adding homes to the market as they go. If you've been waiting for a better shot at buying, this could be it. Let’s connect so you can see what's popping up in our area. You may have more options than you think.

Let's talk about it.. call 347-392-0381

For years, a lot of would-be homebuyers have worried about the same thing. How do you compete with big investors who can swoop in, pay cash, and snap up the houses you want?

Home Price Growth Slowed Down. That May Be Changing.Home price growth slowed way down, and now it's showing early signs ...
07/30/2026

Home Price Growth Slowed Down. That May Be Changing.

Home price growth slowed way down, and now it's showing early signs of picking back up. Whether you're buying or selling, let's connect so you can see exactly what prices are doing in our local market and what that means for your plans.

Let's talk about it.. call 347-392-0381

After more than a year of headlines talking about how home prices are going to crash, the latest data shows that price growth may be starting to pick back up again.

Priced Out? A Condo or Townhome Could Be Your Way In.A condo or townhome could be your path to owning a home without blo...
07/23/2026

Priced Out? A Condo or Townhome Could Be Your Way In.

A condo or townhome could be your path to owning a home without blowing your budget. Let’s connect to see what's for sale in our area and figure out which type of home fits your lifestyle, and your bottom line.

Let's talk about it.. call 347-392-0381

Today's home prices have a lot of buyers – especially first-time buyers – wondering if there’s even anything out there that’s in their budget.

One of the biggest seller myths floating around right now is that buyers have disappeared.The headlines certainly make i...
07/16/2026

One of the biggest seller myths floating around right now is that buyers have disappeared.
The headlines certainly make it feel that way.

But here's what the data actually says.

More homes are going under contract right now than they were at this point the last two years.

And here's how that's possible. Life doesn't wait for perfect mortgage rates. People still get married. Families grow. Jobs change.

At some point, waiting becomes harder than moving. So serious buyers still take the plunge.

So, if you've been wondering whether there are still buyers out there...

There are.

The key is knowing how to position your house to stand out in today's market. Send me a message if you want some advice on what it would take to get your house sold right now.

Let's talk about it.. call 347-392-0381

Address

191 Hillside Avenue
Floral Park, NY
11596

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