June 7, 2019 rummy

For years now, real estate has been at the top of many American’s lists of the preferred investment format. With constant irregularities, market fluctuations, and other influential factors the gap varies indicating the number of Americans who still trust in real estate to be a solid investment. For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains: “Between 2008 and 2010, covering most of the Great Recession period that saw plummeting home and stock values, Americans were as likely to name savings…

June 6, 2019 rummy

Many buyers worry about home prices because of news about “affordability crisis” here and there, although there is truth to some statements that home prices now is less affordable than it was a decade ago, we cannot overlook other factors in today’s overall markets. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability Index. According to NAR, the index… “…measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data.” Their…

June 6, 2019 rummy

🏡FOR SALE📣 This stunning ranch home is awaiting your arrival! Nestled on a professionally landscaped with outstanding circular driveway this property is located at 📍43 Brendon Hill Road Scarsdale, NY 10583. 💥Features: 🔘3 Beds 🔘3 baths 🔘Backyard 🔘Patio 🔘Built-in Stone BBQ pit 🔘Hardwood floors 👉🏻 Direct link: http://bit.ly/2Wpi8Zn For inquiries: 914.920.2299 www.nyreex.com   www.NYREEX.com 

June 5, 2019 rummy

Recent studies show a new trend in the buyers market. There is a slow build-up of demand for multigenerational homes. This good news for homeowners thinking of selling their home this season. The average life expectancy in the U.S. is 78 years old! As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family. The graph below shows the number of people by generation that purchased a multigenerational home because they will either be taking care of an aging parent or they just want to spend time together. Of those buyers,…

June 5, 2019 rummy

🏡 FOR SALE 📣 Nestled on a .28 acre parcel adjacent to green state owned land located at 8 Hemlock Lane Wingdale, NY 12594. This charming ranch style home is FOR SALE! 💥Features: ✅ 3 beds ✅ 3 baths ✅ Balcony ✅ Hardwood Floors ✅ Driveway ✅ Pool ✅ Deck ➡️ Direct link: http://bit.ly/2VoxKYo For inquiries and showing request: ☎️ 914.920.2299 🌐 www.nyreex.com   www.NYREEX.com

June 4, 2019 rummy

Despite the lack of inventory all across the United States, prices of homes for sale are increasing slowly. In fact, slower than what most home sellers expect. Therefore, we have been observing quite a gap between expectations and reality. In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a homeowner looks to refinance or sell their home, as the expectation of what the homeowner believes the home should be worth does not always line up with the bank’s appraisal. Every month, the Home Price Perception Index (HPPI)…

June 4, 2019 rummy

💢NEW LISTING💢 First time on the market! 2 bedroom and finished attic with extra bedroom /1.5 bathroom townhouse FOR SALE! Located at 📍459 S 4th Avenue Unit#103 Mount Vernon NY 10550 . 💥Features: ✅ Eat-in-kitchen ✅ Counter tops ✅ Powder room ✅ Private back yard ✅Basement with laundry hookups ✅ Parking 👉🏻 Direct link: http://bit.ly/2ESSPov For inquiries: 914.920.2299 www.nyreex.com   www.NYREEX.com

May 31, 2019 rummy

Renters and first-time buyers- thinking about owning a home, need not stress themselves with it. We found some recent studies showing homeownership may closer to them than they realize. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their latest report shows that FTHB’s made up 33% of buyers in March, which matches their reported share in 2018. NAR uses survey data from their members to come up with this statistic, so their results do not include every transaction completed. Rather, they only show the transactions reported by…

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