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sell your house this spring
5 Reasons To Sell Your House This Spring!
Here are five compelling reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able...
What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
  Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic...
Home Sellers in Q3 Netted $61K at Resale
Home Sellers in Q3 Netted $61K at Resale
  According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home equity prices and netted an average of $61,232. This is the highest average price gain since the second of 2007 and represents a 32%...
Are Homeowners Renovating to Sell or to Stay?
Are Homeowners Renovating to Sell or to Stay?
Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped   A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing...
How to Honor a Veteran Today and Everyday
How to Honor a Veteran Today and Everyday
One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then,...
VA Home Loans by the Numbers [INFOGRAPHIC]
VA Home Loans by the Numbers [INFOGRAPHIC]
  Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership. In 2017, $189 billion was loaned to veterans and their families through the program....
Renters Have Been Misinformed
75% of Renters Have Been Misinformed
Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part of the American Dream –...
Inventory up or down in your Nassau or Suffolk County town?
Why is Housing Inventory Up With Sales Down?
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three...
Tips when buying new construction
5 Tips When Buying New Construction
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in...
2 Myths Holding Back Home Buyers
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to...
Housing Market
Housing Market Fall 2018 – Every Hour [INFOGRAPHIC]
Every Hour in the US Housing Market:  596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up $1.20
How Will Home Sales Measure Up In 2019?
How Will Home Sales Measure Up In 2019?
There are many questions about where home sales are headed in 2019. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver...
Removing Fear From the Mortgage Process
Removing Fear From the Mortgage Process
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to...
Spending too much on Rent
Are You Spending TOO Much on Rent?
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the household to save money for...
You Need A Pro
You Need A Pro in Your Corner
With home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is...