3 factors Staten Island homebuyers should consider in 2024, according to a new report

STATEN ISLAND, NY. – The Staten Island housing market was affected by a range of challenges in 2023, prompting local real estate experts to offer buyers and sellers a little bit of advice for the coming year.

Identifying high-interest mortgage rates, low inventory levels and rising home prices as the most impactful challenges for both home buyers and sellers, the Staten Island Board of Realtors (SIBOR) has released a new report naming those factors as the top criteria to consider before making a real estate move in 2024.