May 30, 2019 rummy

As the real estate market cruise its way to full recovery, we can’t help but call out a bump on the road which may very well be an opportunity to all potential sellers out there. Buyer demand naturally increases during the summer months, but supply has not kept up. Here are the thoughts of a few industry experts on the subject: Lawrence Yun, Chief Economist at National Association of Realtors “Further increases in inventory are highly desirable to keep home prices in check, the sustained steady gains in home sales can occur when home price appreciation grows at roughly the…

May 30, 2019 rummy

🏡👉🏻 Live in style, comfort and intimacy! This charming ranch style home is FOR SALE! Nestled on a .28 acre parcel adjacent to green state owned land located at 8 Hemlock Lane Dover, NY 12594. 💥Features: ✅ 3 beds ✅ 3 baths ✅ Balcony ✅ Hardwood Floors ✅ Driveway This home has a lot to offer make sure you don’t miss out! ➡️ Direct link: http://bit.ly/2VoxKYo For inquiries and showing request: ☎️ 914.920.2299 🌐 www.nyreex.com   www.NYREEX.com

May 28, 2019 rummy

💢NEW LISTING ALERT💢 Commercial listing FOR SALE located at 4 New Paltz Plz, New Paltz, NY 12561. This 4000 sqft New York Pizza & Fine Dining is 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. Route 299 (Main Street) is one of the highest traveled roads in Ulster County. Don’t miss out on this great investment opportunity! 👉🏻 Direct link: http://bit.ly/2WoHS8p For inquiries: 914.920.2299   www.NYREEX.com

May 24, 2019 rummy

💢NEW LISTING💢 One bedroom COOP FOR SALE located at 📍11 Park Avenue Unit #3W Mount Vernon, NY 10550. This property offers a reasonable monthly maintenance, ample closet space and accepts your cute pets. What are you waiting for? Get it before it’s gone! 👉🏻 Direct link: http://bit.ly/30EvXT2 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…

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.”…

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…

April 29, 2016 rummy

Some Highlights: 2015 marks the first year-over-year increase in investment home sales since 2011. 62% of all investment homes purchased were single family homes. The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%). 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…