June 4, 2018 rummy

What’s the first thing that comes to your mind when you heard the word, Summer? I’m guessing –beach, vacation, camping, travel, barbecue and so many more! But, did you know that Summer is a great time to purchase your dream home? Doubtful? Here are the 4 reasons why you should buy a home this summer. 1. Prices Will Continue to Rise Core Logic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year. Home values will continue…

May 30, 2018 rummy

Who wouldn’t want to have their dream home right away? I guess — none. For a first-time home buyer, especially to those in working-class, a starter home is a smart choice. A place of your own with lower expenses sounds good, right? However, prices in starter home category continue to rise in the market which gives home buyers second thoughts. A recent CNBC article revealed that there are many factors that delayed older millennials (ages 25-35) from buying a home earlier in their lives. The aftereffects of the Great Recession teaming up with larger education costs forced many to either…

September 13, 2017 rummy

                                                  948 Clarence Avenue, Bronx NY 10465 Exclusive OFF Market Listing -Legal 2 Family Home w/ In-law Setup -4,000 Sq. Ft -1 Attached Garage, 2 Car Parking -One Of A Kind Super Large Multi-family -3 bedroom 1 ½ Bath with Scenic View of Long Island Sound! -3 Beds, 1 ½ Bath -1 Bedroom, 1 ½ Bath, with Studio -1 Possible Unit with 2 Rooms & Bath ​-Sitting Right On Throgs Neck in the Country Club Section…

January 16, 2017 rummy

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market that is not as competitive, knowing your budget will give you the confidence of knowing if your dream home is within your reach. Freddie Mac lays out the advantages of pre-approval…

January 12, 2017 rummy

  It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys: The University of Michigan Consumer Sentiment Index National Federation of Independent Businesses’ Small Business Optimism Index CNBC All-America Economic Survey The Conference Board Consumer Confidence Survey It usually means good news for the housing market when the country sees an optimistic future. People begin to dream again about the home their family has always wanted, and some make plans to finally make that dream come true. If you are considering moving up…

January 11, 2017 rummy

  We can hit you with advice and free information until your eyes and ears hurt, but we know when it comes to money most people want to see results.  If we say we’re going to hit the ground running in 2017 there is only one way to prove a statement like that; through ACTION In our most recent blogs and videos we stressed ACTION; It’s a new year!  Go out there and get it done!  Just DO It!  Well let’s see, it’s only the 11th and already we have a CLOSING to tell you about.  The best part about…

January 10, 2017 rummy

Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if You Are Traveling a Dangerous Path The field of real estate is loaded with land mines; you need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and is ready for you to move into can be tricky. An agent listens to your wants…

January 3, 2017 rummy

Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick a pro who knows your local market and can help you navigate the housing market!   www.NYREEX.com  

December 28, 2016 rummy

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article, the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that by the end of 2016, the net worth gap will widen even further to 45 times greater. The graph below demonstrates the results of the last two Federal Reserve studies and Yun’s prediction: Put Your…

August 1, 2016 rummy

  Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if You Are Traveling a Dangerous Path The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and ready for you to move in to can be tricky. An agent listens to your…