Nancy Terracino, Realtor

Nancy Terracino, Realtor Helping people buy or sell their homes!

09/10/2026

Why American Buyers Are Finally Getting Leverage
After years of seller-driven markets, we’re starting to see a real shift: buyers are gaining some much-needed leverage. In Staten Island, as well as Monmouth and Middlesex Counties, I’m noticing more room for negotiation—competition isn’t as fierce, and builders are stepping up with incentives, mortgage-rate buydowns, and price adjustments to help hesitant buyers take the plunge. With more homes available, buyers finally have time to compare properties thoughtfully instead of feeling rushed into making offers. Elevated mortgage rates still make buyers cautious, but the landscape is opening up new opportunities. As someone who’s specialized in guiding first-time buyers, those navigating estate sales, and clients seeking luxury or senior communities, my goal is always to help you move forward strategically—whether you’re buying or selling in this changing market.

09/09/2026
09/09/2026

USA: Why ‘Price Stability’ Is a Myth
The idea of 'price stability' in the US can be more myth than reality. As someone who’s seen the ebb and flow of the real estate market here in Staten Island and across New Jersey, I’ve noticed that when prices drop for one thing—like technology—other areas, such as hotel stays, event tickets, or even college tuition, can climb. It’s a reminder that spending habits shift, and prices never truly move in lockstep.

This perspective challenges the belief that the central bank can deliver true price stability. In reality, markets respond to countless factors—global trends, local demand, and the choices we all make every day. If the dollar were steadier, we might see more investment move away from inflation hedges, which could actually lower some prices while driving up costs for scarce goods, like those unique homes or luxury properties I specialize in.

The takeaway? Prices are always evolving, and that isn’t necessarily a sign of trouble; often, it’s a reflection of economic growth and changing priorities. As I guide clients through buying or selling homes, understanding these shifts is key to making informed decisions in a dynamic market.

09/08/2026

Unlock Staten Island Open House Secrets with Nancy Terracino
Let’s connect and talk about the latest insights in the industry!

09/07/2026

US Existing Home Sales Edge Up
It’s always interesting to track the latest shifts in the housing market—especially as someone who’s helped clients navigate every kind of market since 2006. In early Q3, US existing-home sales dipped by 1.7% month-over-month, yet still managed to post a 0.7% increase from the previous year. That means completed transactions are holding steady compared to last summer’s pace. The median price for existing homes climbed to $434,100, marking 37 consecutive months of annual growth. Many homeowners are seeing their equity grow—a great reminder to keep an eye on property values. Meanwhile, inventory finished early Q3 at 1.54 million homes, down 1.9% from the previous month and 0.6% from last year. For buyers, this means keeping a close watch on new listings remains key, especially in a market where opportunities move quickly. Nationally, affordability has improved a bit, even as prices rise, so buyers who stay prepared may find the right timing and value. Mortgage rates have hovered in the high-6% range for a 30-year fixed loan, and any dip could give buyers a little more room to maneuver as the summer market progresses. Whether you’re buying, selling, or just weighing your options, understanding these trends is crucial to making informed decisions.

09/06/2026

Happy Labor Day!

09/06/2026

Still waiting for mortgage rates and home prices to come down?

09/06/2026

US Confidence Hits Seven-Mo Low

09/05/2026

Working with Nancy was an absolute amazing experience! As first-time homebuyers, we had so many ques...
Let’s connect and talk about the latest insights in the industry!

Address

113 New Dorp Plaza
Staten Island, NY
10306

Opening Hours

Monday 8:30am - 8:30pm

Telephone

+19178377798

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