June 11, 2019 rummy

💢FOR SALE💢 Need a place for your business? Check out this commercial property FOR SALE located at 📍477 BOSTON POST RD, ORANGE, CT 06477. Prominent retail space with 2,000 sqft for you and your clients. Perfect for lawyers, medical and internet company plus great location! This is definitely a great buy! ➡️ Direct link: http://bit.ly/2R51bOQ Call us for inquiries 914.920.2299 www.nyreex.com   www.NYREEX.com

June 8, 2019 rummy

💢 FOR SALE 💢 This 4000 sqft New York Pizza & Fine Dining is FOR SALE located at 📍4 New Paltz Plz, New Paltz, NY 12561. Fully running and very profitable with bar license. New Paltz State University located 3 miles away and the famous Mohonk Mountain House Resort & Preserve are located 2 minutes up the road. What are you waiting for? Don’t miss out on this great investment opportunity! 👉🏻 Direct link: http://bit.ly/2WoHS8p For inquiries: 914.920.2299 www.NYREEX.com  

April 5, 2019 rummy

We have discussed time and again the advantages of owning a home over renting, and not only has the majority of Americans agree to these, but surveys say the same things too. Money spent on a mortgage is money well spent and help build one’s financial wealth. The National Association of Realtors (NAR) recently broke down the equity gained from price appreciation and principal payments in their Economists Outlook Blog. Homeowners who purchased their homes five years ago have already gained almost $80,000 in equity over that time with 80% of the gains coming from price appreciation. For a homeowner…

April 4, 2019 rummy

If you’re thinking of selling your house this year, now is the best time to do it. You may have missed the first spot in the market as there are a lot of sellers who took advantage of the slow down last winter, but with the influx of buyers jumping in, there could never be a better time than now to put your home for sale. New research from realtor.com shows that the first week of April is actually the best time to list your house for sale! The report used “trends in median listing prices, views per property on…

March 23, 2019 rummy

  Welcome to the ninth episode of Expand to the Cloud Brokerage podcast. On today’s episode, Rummy Dhanoa and David Upchurch welcome Leezah Pratt to eXp Realty. Leezah Pratt started her real estate career at a young age. Last year, she sold over 8 million dollars. Let’s listen to her story and what made; an already successful realtor change her mind and make the switch to eXp Realty. Get in touch with Leezah Pratt . Give her a call at 704.858.1177 or email her at homesbypratt@gmail.com and visit her website www.homesbypratt.com Ready to learn more? Rummy Dhanoa 914.920.2289 rummy@nyreex.com David Upchurch…

August 10, 2018 rummy

The law of supply and demand has been an existential issue in basically all known market (real estate included) since the early days of commerce. This has been seen and used time and again by power players in the arena as an opportunity to dominate and earn more. A lot of studies and speculation points at the recent mortgage rate changes as the main reason for home value increase this year. Here’s the reason why we think otherwise. “The amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.”…

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…

July 6, 2016 rummy

Some Highlights: Sales of existing homes reached the highest annual pace in over 9 years at 5.29 million. Inventory remains below the 6-month norm and prices are still on the rise. Interest rates are at a historic low of 3.48%.   www.NYREEX.com    

April 22, 2016 rummy

  Home values continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the sales price when performing the appraisal for the bank. The National Association of Realtors (NAR) recently released information revealing just how prominent the challenge is in today’s market. And the challenge is…

March 24, 2016 rummy

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes. Here is a graph showing the monthly mortgage payment on a median priced home in the U.S. over the last 25 years:   Mortgage payments are currently well below the historic average over that time period. Purchasers are not overextending themselves to buy a home like they did on the run-up to…