March 30, 2015 rummy

Some people stop moving forward because they don’t believe that they have what it takes to accomplish the next objective. This could happen in many different ways. Some people don’t apply for promotions, for example, because they simply don’t believe that they could possibly get them. Some people don’t even think about starting a business because they don’t think that they are ‘smart enough’ to do so. Some people shy away from volunteering for special projects because they doubt whether or not they have the skills necessary to be useful.   These are all relatively common types of thoughts for…

March 17, 2015 rummy

A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move. Here are the top 5 reasons: 1. Safer Neighborhood – 30% 2. Closer to Family – 27% 3. Change of Climate – 26% 4. Closer to Work – 25% 5. For a New Job – 23% While the majority of Americans (74%) will move within their home state, for the 26% planning to call a new state home, it is…

February 23, 2015 rummy

If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring. 1. Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be between 11.7% (most pessimistic) and 27.5% (most optimistic). The bottom in home prices has come and gone. Home values will continue to appreciate for…

February 19, 2015 rummy

With the pressures of being a mom, dad, wife, husband, employee, taxi service, care giver and all the other things we do in life, it’s hard to take a moment to enjoy a little peace, quiet and happiness.    Many of us look for big, monumental occasions to give us meaning, to provide us with happiness. It’s the birthday celebrations, the anniversary parties, the big holiday to-dos that we look forward to where we can finally say: “I’m happy”. In the end, though, those a just events and once the lights go down and the party is over, it’s time…

February 17, 2015 rummy

Many believed that when the housing market crashed, so too would the desire of American’s to own a home again. Many reports have shown that, especially among younger generations, the American Dream of homeownership is still very much alive. Julián Castro, Secretary for HUD, recently summed up what it means to own a home in a speech at the National Press Club. “Homeownership is still the cornerstone of the American Dream — a fact you can see in the lives of everyday folks. It’s a source of pride. It’s a source of wealth, providing both a nest and a nest…

February 10, 2015 rummy

For men:   Guys, it turns out that it really is the thought that counts after all. Yes,flowers, candy and expensive stuff does show that you are thinking about your lady. But the real secret has more to do with how much thought you put into the gift. The more creative you are and the more you give a gift that show how much you’ve been paying attention is what’s key.   Here are a few tips from Bankrate.com (believe it or not) on how to make your girl feel special this year:   Show a special feature: Invite her to your place for a special movie…

February 6, 2015 rummy

Bolstered by large multifamily portfolio transactions and several game-changing commercial and development deals, the dollar volume of investment sales in the Bronx rose above $2.39 billion, a 39 percent increase from the previous year, according to Ariel Property Advisers’ Bronx 2014 Year-End Sales Report. Investment sales transaction volume increased by 11 percent to 342, and the number of properties traded increased 20 percent to 577 in 2014 compared to 2013. The Bronx development market remained in high demand during 2014 and saw an 88 percent increase in dollar volume to $129.7 million over 40 transactions comprised of 73 properties with…

February 4, 2015 rummy

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home. Let us explain. There are many factors that influence the ‘cost’ of a home. Two of the major ones are the home’s appreciation over time, and the interest rate at which a buyer can borrow the funds necessary to purchase their home. The rate at which these two factors can change…

January 19, 2015 rummy

Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. In most areas, prices are still below those of a few years ago. Also, interest rates are still near 4%. However, sellers should realize that waiting to make the move while mortgage rates are increasing probably doesn’t make sense. As rates increase, the price of the house you can buy will decrease. Here is a chart detailing this point:   www.NYREEX.com  

January 15, 2015 rummy

“Just one small tenant problem avoided can be priceless!” 1. Don’t negotiate your rental price or terms before meeting and screening the prospective tenant. It’s something we’ve all done at one time or another and have lived to regret it. In the vast majority of instances, the tenant who starts negotiating on your rental before even seeing it, is very rarely qualified financially to rent from you. Often, landlords may allow the tenant prospect to negotiate during the viewing of the rental. The tenant may criticize the property and point out improvements he or she wants done if they were…