Infographics - Long Island Real Estate

Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

December 23, 2019December 20, 2019 by Glen Hagen

Some Highlights:

Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020!
According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year.
Expert…

Get Your House Ready To Sell This Winter

December 17, 2019December 13, 2019 by Glen Hagen

Some Highlights

Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market.
Waiting for warmer weather when more competition is on the market will only…

Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]

December 16, 2019December 6, 2019 by Glen Hagen

Some Highlights:

According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time homebuyers is 32.
With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!

Buyers Are Looking For Your Home [INFOGRAPHIC]

November 30, 2019November 29, 2019 by Glen Hagen

Some Highlights:

Existing Home Sales are currently at an annual pace of 5.46 million.
The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
Inventory remains low due to high …

The Cost Across Time [INFOGRAPHIC]

November 22, 2019November 22, 2019 by Glen Hagen

Some Highlights:

With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low!
According to Freddie Mac, rates are projected to increase to 3.9% by this time n…

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

December 17, 2019November 15, 2019 by Glen Hagen

Some Highlights:

Historically, the choice between renting and buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%…

The Difference an Hour Will Make This Fall [INFOGRAPHIC]

November 21, 2019November 1, 2019 by Glen Hagen

Every Hour in the U.S. Housing Market:

614 Homes Are Sold
95 Homes Regain Positive Equity
Median Home Values Go Up $1.38

Buying a home can be SCARY [INFOGRAPHIC]

November 7, 2019October 25, 2019 by Glen Hagen

Some Highlights:
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the p…