Long Island Real Estate Blog

How Upset Should You Be about 3% Mortgage Rates?

How Upset Should You Be about 3% Mortgage Rates? | Simplifying The MarketLast Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The bump-up […]
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5 Reasons to Sell Your House This Spring

5 Reasons to Sell Your House This Spring | Simplifying The MarketWhen selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to […]
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How to Prepare Your House for a Winning Sale This Spring [INFOGRAPHIC]

Some Highlights With so few homes available to buy today, houses are in high demand, and they’re selling fast. That means it’s a great time to sell if you’re ready to make a move. Let’s connect to make sure your house is ready for a top-dollar sale ...
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Is It a Good Time to Sell My House?

Is It a Good Time to Sell My House? | Simplifying The MarketLast year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time […]
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Is It Smart to Buy a Home Today?

How Smart Is It to Buy a Home Today? | Simplifying The MarketWhether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move. […]
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Home Prices: What Happened in 2020? What Will Happen In 2021?

Home Prices: What Happened in 2020? What Will Happen This Year? | Simplifying The MarketThe real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal […]
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What Are the Benefits of a 20% Down Payment?

What Are the Benefits of a 20% Down Payment? | Simplifying The MarketIf you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want […]
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It’s a Sellers’ Market [INFOGRAPHIC]

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and risin...
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