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5 Simple Graphs Proving This Is NOT Like the Last Time

5 Simple Graphs Proving This Is NOT Like the Last Time | Simplifying The MarketWith all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in […]

Chart of Inventory Supply in Suffolk County NY

Suffolk County Absorption Rate

I’m sure you’ve heard that there is currently a scarcity of housing inventory virtually everywhere especially on Long Island in both Nassau and Suffolk Counties. ┬áThe statistic you possibly are NOT hearing about, however, is that there is a significant increase in activity, with many more homes going into contract than ever before. So to … Read more

Lindenhurst Home Sold

4 Bedroom, 2 Bath Cape with 1 car attached garage waiting for you to move in. Newer kitchen with granite counters, SS kitchen appliances, gleaming wood floors. New Bath, Fresh carpeting in upstairs 2 bedrooms. Full Basement with Separate outside entrance and high ceiling waiting to be finished. Move-in ready. First Showing 12/20/2019 Open House … Read more

How the Housing Market Benefits with Uncertainty in the World

How the Housing Market Benefits with Uncertainty in the World | Simplifying The MarketIt’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains, […]

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey | Simplifying The MarketWhen the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough […]