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 12, 2015 rummy

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. Some of the findings revealed in their report: §The average American family has a net worth of $81,200 §Of that net worth, 61.4% ($49,856) of it is in home equity §A homeowner’s net worth is over 36 times…

February 9, 2015 rummy

YONKERS, N.Y. – Yonkers is a city on the move. The unemployment rate is at its lowest point since 2008, home sales and sale prices are up, new businesses are opening and more people are shopping and supporting the local economy. It’s great news for Yonkers, but as the city’s economy starts to rev up, we’ve got to remain focused on ensuring that Yonkers remains affordable for our seniors. Years ago in the State Legislature, I helped create the STAR property tax relief program and Enhanced STAR program for seniors, which saved Yonkers seniors up to $2,200 on last year’s tax…

March 7, 2014 rummy

We Just Reduced The Prices On These 2 Lovely Coops!   270 N Broadway #2B 2 Bedrooms 2 Baths Click here for more information on this listing   3065 Sedgwick Ave #2J 2 Bedroom 1 Bathroom Click here for more infomation on this listing   Dont Miss This Opportunity! Call Us At 914-920-2299 or Email us at info@nyreex.com www.NYREEX.com  

September 19, 2013 rummy

A year ago, before the bandwagon was even built, we told you about what  we called “shadow consumers”. They are people who would want to buy;  they can comfortably afford home ownership most especially with today’s  rates. However, they have to calmly wait for their credit to improve  sufficient to get a mortgage. FHA would not give a loan until the elapse of three years from the occurrence of a foreclosure. Basically,  foreclosures and short sales will usually remain on your credit report  for seven years. Additionally, bankruptcies usually last for 10 years.  Waiting for this long can be quite…

September 6, 2013 rummy

At a recent meeting held in June, 2013 the Board decided that there will be 3% increase for a One (1) year lease term and 4% increase for a two (2) year lease term for leases renewed between October 1, 2013 and September 30, 2014. Please note a minimum increase of $15.00 per month for a one (1) year lease term and $20.00 per month for a two (2) year lease term will be imposed. A landlord’s failure to timely file a current apartment registration with DHCR bars the collection of any guidelines increase. If you need help filing registrations, please…

August 15, 2013 rummy

The annual report I value most is the NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers. This report is packed full of useful statistics for agents and brokers who are looking to educate themselves about the sales process from the perspective of the Home Buyer and Seller. It clearly shows where agents should be focusing their marketing dollars (hint: not the newspaper) and also provides important details about the Buyers and Sellers experience during the sales transaction. Here are some highlights: 90% of consumers did online research before they bought their last home. 42% of buyers found the…

July 12, 2012 rummy

Stunning 2BR Co-Op in Yonkers- Metro North Access Gorgeous, sun-filled 2BR co-op on top floor of sought-after complex w/private elevator to Greystone train platform. Spacious rooms w/parquet floors & huge floor-to-ceiling closets throughout. Updated kitchen & bath. Master BR w/walk-in closet. Complex features 24hr doorman, new laundry rooms, outdoor pool & sun deck, new gym, saunas, basement storage, library, outdoor playground & indoor playroom. Unassigned covered parking & basement storage. Maint does not reflect Star Rebate of $87.61.   Rummy Dhanoa Real Estate Experts                                                                                                   Keller Williams Realty Group                                                                                                                914-902-3252 www.FreeNYHomeSearch.com