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Long Island Real Estate Blog

Existing-Home Sales Report Indicates Now Is a Great Time to Sell
Existing-Home Sales Report Indicates Now Is a Great Time to Sell
Now Is a great time to sell to take advantage of the number of buyers who are searching for their dream home.  Based on the current state of the market, trends are shifting in favor of sellers. The best time to sell anything is when demand for that item is...
You Need a Real Estate Sherpa
You Need a Real Estate Sherpa
In today’s world, hiring an agent who has a finger on the pulse of the market will make your buying or selling experience an educated one. In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You...
Homeownership And Your Net Worth
Homeownership And Your Net Worth
Recently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently,...
FICO® Score to Qualify for a Mortgage?
FICO® Score to Qualify for a Mortgage?
It’s common knowledge that your FICO® score plays an important role in your ability to qualify for a mortgage. However, many buyers have misconceptions regarding what exactly is required to get the mortgage loans they need. A recent announcement from CNBC shares that the average national FICO® score has reached...
62% of Buyers Are Wrong About Down Payment Needs
62% of Buyers Are Wrong About Down Payment Needs
Contrary to common misconception, down payment needs are often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put...
3 Signs the Housing Market Is on the Rebound
3 Signs the Housing Market Is on the Rebound
The residential real estate market has been plodding along for most of the year. However, three recent reports show there may be a housing market rebound. The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on...
5 Homebuying Acronyms [INFOGRAPHIC]
5 Homebuying Acronyms [INFOGRAPHIC]
  Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are here to...
4 Tips to Save on Your Energy Bill
4 Tips to Save on Your Energy Bill
By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers. As a homeowner, it’s important to keep your...
What to Expect from Your Home Inspection
What to Expect from Your Home Inspection
You made an offer and it was accepted.  Your next task is to have the home inspected prior to signing a contract.  But what should you expect from your home inspection? What information and how thorough a report should you expect to receive? Agents often recommend you make your offer...
Home Supply vs Buyer Demand?
Home Supply vs Buyer Demand?
  The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise. The price of any item is determined by supply, as well as...
Buy Now or Wait Until Next Year?
Buy Now or Wait Until Next Year?
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020. CoreLogic predicts home prices will appreciate by 5.4%...
Are You Ready for the ‘Black Friday’ of Real Estate?
Are You Ready for the ‘Black Friday’ of Real Estate?
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for real estate. Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a...
Should You Fix Your House Up or Sell Now?
Should You Fix Your House Up or Sell Now?
If you’re thinking whether to fix your house up or sell now, take a look at these three tips to help you decide if you really need to fix it up before you sell. The answer may surprise you. With the fall season upon us, change is in the air....
Is Your House “Priced to Sell Immediately”?
Is Your House “Priced to Sell Immediately”?
Is Your House Priced to Sell?  Immediately? In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest...
4 Reasons to Sell This Fall [INFOGRAPHIC]
4 Reasons to Sell This Fall [INFOGRAPHIC]
  Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling relatively quickly, averaging 31 days on the market.