Home Buying Archives - Page 9 of 12 - Long Island Real Estate

4 Tips for Making a Competitive Offer

December 17, 2019May 15, 2019 by Glen Hagen

So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true! Below are 4 steps […]

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5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

November 23, 2019April 19, 2019 by Glen Hagen

Some Highlights:

“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”
The top reason millennials choose to buy is to have control over their living space, at 93%.
Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they’d like or renovate an outdated part of their living space.

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Buyer Demand Surging as Spring Market Begins

August 1, 2019April 18, 2019 by Glen Hagen

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market […]

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Buying a House This Year? This Should Be Your 1st Step!

December 17, 2019January 14, 2019 by Glen Hagen

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]

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How Will Home Sales Measure Up In 2019?

November 19, 2018November 1, 2018 by Glen Hagen

There are many questions about where home sales are headed next year. 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 fair, sustainable, and responsible real […]

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Buying a Home Can Be Scary [INFOGRAPHIC]

October 25, 2019October 26, 2018 by Glen Hagen

Some Highlights:

Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts:

72% of buyers who purchased homes this year have put down less than 20%.
4% of loan applications were approved last month.
The average credit score of approved loans was 727 in September.

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