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Recent Mortgage Rate Spike – Highest Percentage Rise In 30 Years

By Glen Hagen | Feb 9, 2014

What Will Happen When Mortgage Rates Rise? As you view the chart below, you will note the recent sharp spike in interest rates for the 30 year conventional mortgage.  What you may not notice at first glance, is the fact that the recent jump in rate is the highest on a percentage basis over the past…

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Reasons to Buy a Home NOW

By Glen Hagen | Feb 5, 2014

5 Reasons to Buy a Home Now Instead of Waiting Until Spring  Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to buy a home than right now. Here are five reasons purchasers should consider buying before the spring market  arrives:                                                                               1) Supply Is…

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Nassau & Suffolk County Absorption Rates

By Glen Hagen | Sep 25, 2013

  Nassau & Suffolk County Absorption Rates   An absorption rate is simply the time necessary to sell ALL homes on the market at the current rate of sales.  The information compiled here highlights the 12 month, 6 month and 3 month absorption rates, with the 3 month measuring the most active period in yearly real…

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Sell Your Home Fast: 21 Staging Tips

By Glen Hagen | Sep 23, 2013

If you are looking to sell your home fast and would like to generate top dollar, pay close attention to the 21 staging tips presented in this article. These tips are sometimes very difficult to bring up with prospective sellers, but time and time again I’ve seen sellers heeding this advice sell their homes quickly…

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Important STAR Tax Information for New York Residents

By Glen Hagen | Aug 24, 2013

New legislation requires all homeowners receiving Basic STAR Tax exemptions to register with the New York State Tax Department in order to receive the exemption in 2014 and subsequent years.  That’s right, just when you thought you’d done everything necessary to secure your STAR Tax savings on your primary home, New York State is requiring all…

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Bay Shore Open House

By Glen Hagen | Jul 20, 2013

Bay Shore Open House 877 Manor Lane Bay Shore, NY 11706 July 21 From 1:00 P.M. to 3:00 P.M. Hi, this is Glen Hagen of Douglas Elliman inviting you to a very special open house, this Sunday 7/21/13 from 1-3PM at 877 Manor Lane in Bay Shore. This Southwood Manor Colonial has been greatly expanded…

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John Paulson Says NOW Is A Great Time To Buy A Home

By Glen Hagen | Jul 17, 2013

A Great Time To Buy A Home John Paulson, an investor that made a lot of money shorting the market during the height of the sub-prime lending fiasco has now changed his advice. He feels that now is a good time to buy a home. This is exactly what I’ve been telling the home buyers…

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Bay Shore Open House – Southwood Estates

By Glen Hagen | Jun 28, 2013

Bay Shore Open House 877 Manor Lane, Bay Shore, NY  11706 June 30, 2013 from 1-3PM   Marketing by Glen Hagen Suffolk County Real Estate   Glen Hagen | Douglas Elliman Real Estate | (631) 581-8855 877 Manor Ln, Bay Shore, NY Majestic Southwood Colonial Backing Up To Sagtikos Manor For Extra Privacy. 4BR/3+1BA Single…

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Buyers’ Homes Accidentally Demolished

By Glen Hagen | Jan 15, 2013

January 5, 2013 at 11:45 am Demolition of dreams: 12 Detroit homes razed by mistake By Serena Maria Daniels The Detroit News From The Detroit News: http://www.detroitnews.com/article/20130105/METRO01/301050343#ixzz2I4JD3VyN Kristine Diven and Micho McAdow bought a home for $500 at a tax auction that  was accidentally demolished.  (Ricardo Thomas / The Detroit News) Detroit — Kristine Diven…

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