June 12, 2019 rummy

We all know that homeownership is one of the best investments out there. But how does it help one build up personal and family wealth exactly? Keep reading to find out. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on how homeownership contributes to individual and community success. Their article, The First Rung on the Ladder to Economic Opportunity Is Housing, explains the importance of homeownership to a family’s financial health. In that article, they simply stated: “The ladder to economic success can…

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 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

🏡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 

May 22, 2019 rummy

🏡👀 OPEN HOUSE Get a sneak peek of this stunning single family home located at 9 STORMYTOWN ROAD, OSSINING, NY 10562. Come to our OPEN HOUSE on Saturday, May 25th at 3pm-5pm and witness with your own eyes the accentuating shapes, colors, and materials combine to create breathtaking 3-Dimensional contrasts throughout this very unique property. 💥Features: ✅ 4 Beds ✅ 3 Baths ✅ fireplace ✅ walk-in closet ✅ deck ✅ finished walkout ✅ powder room ✅ patio ✅ golden hardwood floors ➡️ Direct link: http://bit.ly/2Hu9h0B For inquires: 914.920.2299   www.NYREEX.com

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…

June 24, 2016 rummy

  Yesterday, we reported that according to CoreLogic’s latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative equity have decreased by 21.5% year-over-year. A study by Fannie Mae suggests that many homeowners are not aware of how their equity position has changed as their home has increased in value. For example, their study showed that 23% of Americans still believe their home is in a negative equity position when, in actuality, CoreLogic’s report shows that only 8% of homes are in that position. The study also…

March 16, 2016 rummy

  Every homeowner hopes to accomplish five goals when selling their home: 1.    Sell it for the best price 2.    Sell it within a predetermined time 3.    Sell it with the least amount of hassles 4.    Close on the sale the same day they move into their new home The fifth reason is the most obvious and the most important: 5.    They want to make sure it sells. In order to dramatically increase the chances that the house sells, a homeowner should list with a real estate professional in their market. Why? Because agents have access to the vast majority…

February 18, 2016 rummy

During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. However, this may be the year this turns back around. According to the Urban Land Institute’s report, Emerging Trends in Real Estate, household formations will increase dramatically. They project that 3.68 million additional households will be formed in the next three years. This brings household formations back to pre-recession numbers of 1.2 million a year. What will happen in 2016? One of…