'My number one advice that I always tell everyone whether it’s your first or second home: I wouldn’t always necessarily wait for the right time.' Peggy Zabakolas talked with MarketWatch about her predictions for the luxury home market:
Real estate in the Hamptons has been booming since the pandemic hit as wealthy New Yorkers have sought an idyllic escape from the city. For much of the past two years, sellers have seen unprecedented interest, and many buyers have been outbid.
Zabakolas talked with MarketWatch about her career, her love of Louboutins and predictions for the luxury home market.Peggy Zabakolas: I think nowadays we need to do something to differentiate ourselves from other agents, and the fact that now I have this whole platform — whether it’s social media or Discovery+ and other channels — I can fortunately advertise and market and reach a broader reach of buyers and sellers.
PZ: My number one advice that I always tell everyone whether it’s your first or second home: I wouldn’t always necessarily wait for the right time because the right time realistically is when you can afford it so you don’t become — I don’t want to say ‘house poor’ — but you don’t want to put all your money into something and then just live and struggle through.
I also think real estate is a good investment because it’s a tangible property as opposed to stocks where you never know what can go up and down and how things are working. Even with crypto, you just don’t really necessarily know.PZ: The majority of the homes that I’m personally seeing are gravitating more towards ‘full service’ or amenity driven.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Peggy Carter, first lady of the MCU | Digital TrendsPeggyCarter is one of the MCU's first prominent female characters, and after years of playing second-fiddle, she's finally ready to claim the spotlight.
Read more »
Kacey Musgraves Covered 'Can't Help Falling In Love' For 'Elvis'Here’s everything we know about the forthcoming, star-studded biopic.
Read more »
Corporate home buyers raising rents and prices in Newark, report says; city vows actionA Rutgers study found that nearly half the 2,500 single or multi-family homes bought in Newark from 2017-2020 were by corporate investors.
Read more »
Buying your first home? See if you qualify for a 0% interest down payment loanFirst-time homebuyers! There is help for you from California. It’s a 0% loan for you down payment. The best part: It is foregivable! See if you qualify here:
Read more »
Bay Area homebuyers lament less affordable real estate as Fed raises interest ratesThis week's movement by the Federal Reserve to rein in skyrocketing inflation with an interest rate hike could hit many prospective Bay Area home buyers especially hard.
Read more »
Home from Slim Aarons' 'Poolside Gossip' sells for Palm Springs recordThe home that’s pictured in Slim Aarons’ famous “Poolside Gossip” photo series just sold for a record-breaking price in Palm Springs.
Read more »