October 17, 2019 rummy

Recent studies show that home equity is the top contributor to your net worth closely followed by retirement accounts, stocks and mutual funds, assets at financial institutions and the rest. Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household wealth [are] owning a home and having a retirement account.” (Shown in the graph below): This does not come as a surprise, as we often mention that homeownership can help you to increase your family’s wealth. This study reinforces that idea, “Net worth is an…

October 15, 2019 rummy

There are plenty of factors influencing your mortgage pricing, one of them is property tax. Let’s find out exactly how property tax makes your monthly payment go up or down. When applying for a mortgage, you’ll see one of two acronyms in your paperwork – P&I or PITI – depending on how you’re including your taxes in your mortgage payment. P&I stands for Principal and Interest, and both are parts of your monthly mortgage payment that go toward paying off the loan you borrow. PITI stands for Principal, Interest, Taxes, and Insurance, and they’re all important factors to calculate when…

October 1, 2019 rummy

Fall has arrived and you may be one of the many Americans who are still undecided if they should sell their house or wait until next year. Let us help you come up with a decision with these awesome reasons to sell this fall. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are in the market right now. More often than not, in many areas of the country, multiple buyers…

September 25, 2019 rummy

No matter if you’re selling or buying a house, moving is quite a big step that comes with many other things to consider. Difficult enough as it is, moving with children changes the priorities dramatically. Recently, the 2019 Moving with Kids Report from the National Association of Realtors®(NAR) studied “the different purchasing habits as well as seller preferences during the home buying and selling process.” This is what they found: When Purchasing a Home The major difference between the homebuyers who have children and those who do not is the importance of the neighborhood. In fact, 53% said the quality…

September 4, 2019 rummy

It appears that the balance between housing supply and demand continues to elude us. We’re no stranger to its ever so active fluctuations and we know very well the benefits and repercussions it brings. Let’s take a closer look at the housing market’s current state and find out about the opportunities that come with it. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in 1990 to a pre-recession peak of 2.16 million in 2005). According to Apartment List, “From 1990 to 2005, the number of single-family permits…

August 30, 2019 rummy

🚨OPEN HOUSE🚨 Everyone is invited! Join our OPEN HOUSE tomorrow, August 31st at 11am-2pm. Just head over to 📍 13 Edgewood Rd, Cortlandt Manor, NY 10567. 🔥Features: ✅ 4 Beds ✅ 2 Baths ✅ Hardwood floors ✅ Porch ✅ Backyard ✅ Laundry ✅ Garage ✅ Basement 👉🏻 Direct link: http://bit.ly/2Udr2FL Call us for inquiries. 914.920.2299   www.NYREEX.com

August 28, 2019 rummy

🔥NEW LISTING🔥 This beautifully constructed single-family is FOR SALE located at 📍13 Edgewood Rd, Cortlandt Manor, NY 10567. Notice how the exquisitely angled ceilings and walls compliment the rich, supple hardwood floors and sunlight capturing windows. Everything in and around this house speaks of life and happiness. Fresh vibrant green grass, smoothly contoured driveway, large screened porch, and wide-open backyard. You can’t find a good enough reason to pass on this opportunity and that before you realize the added perks. 1st Fl – Living room, Kitchen Sunroom, Full Bath, Master Bedroom and Bedroom. 2nd floor – 2bedrooms and half bath….

August 24, 2019 rummy

📣OPEN HOUSE 🏡 Join us and see this stunning ranch home with your own eyes 👀! Just head over to 📍43 Brendon Hill Rd, Scarsdale, NY 10583 for our Open House from 1pm-3pm tomorrow. 💥Features: 🔘3 Beds 🔘3 baths 🔘Backyard 🔘Patio 🔘Built-in Stone BBQ pit 🔘Hardwood floors and more! 👉🏻 Direct link: http://bit.ly/2Wpi8Zn For inquiries: 914.920.2299 www.NYREEX.com  

August 22, 2019 rummy

We’ve been reading a lot of comments and questions about housing affordability lately that we decided to address what most people find confusing about this particular topic. If you’re one of the many people in the gray zone as to whether or not to believe the thing you see and hear about housing affordability crisis, then you better read this. 1. National Association of Realtors’ (NAR) Housing Affordability Index: Here is a graph showing the index going all the way back to 1990. The higher the column, the more affordable homes are: We can see that homes are less affordable…

August 22, 2019 rummy

💢BACK TO BACK OPEN HOUSE💢 Everyone is invited to join our OPEN HOUSE this coming weekend! Saturday, August 24th at 11am-2pm 📍43 Brendon Hill Road Scarsdale, NY 10583 👉🏻 Direct link: http://bit.ly/2Wpi8Zn Sunday, August 25th at 11am-2pm 📍45 Kincaid Dr, Yonkers, NY 10710. 👉🏻 Direct link: http://bit.ly/2ZII3K3 For inquiries: 914.920.2299   www.NYREEX.com