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Real Estate is HOT!

It’s not surprising that the real estate market in New York and Long Island is very hot. Covid prompted a lot of soul-searching and many people decided it was time to make big changes in their lives, not the least of which was relocating to another location.

The fact that their home increased significantly in value, with most sales going way over the asking price, helped to make any insecurity about “taking the plunge” a bit less intimidating.

Correspondingly, the antiques market is also hot, with people selling items before their move, and others, trying to acquire items because they moved INTO a new place.

The activity is frenetic.

If you’re moving, there are a few things you should consider, including:

  • Decide what you want to take with you. All remaining antiques and collectibles should be appraised by an antiques specialist as soon as possible so they can determine if there are items of value. Paying to move things and then discarding them when you arrive in your new home is a waste of money.
  • Once you know the value of your items, you can make an informed decision. For instance, you might wish to sell the items immediately. In other cases, you may wish to gift them immediately to a family member or friend, or in some cases, make them part of your will. It’s also possible that the antiques specialist will suggest that you hold on to the items because they believe they will increase in value.

In all situations, the antiques specialist, can assist you in making the best decision for your needs by providing insight and information about the items and the market.

Can we assist?

Syl-Lee Antiques — NYC Antiques Buyer
Call us at (212) 366-9466 to schedule your in-home antique evaluation or contact us via email.