January 11, 2017 rummy

  We can hit you with advice and free information until your eyes and ears hurt, but we know when it comes to money most people want to see results.  If we say we’re going to hit the ground running in 2017 there is only one way to prove a statement like that; through ACTION In our most recent blogs and videos we stressed ACTION; It’s a new year!  Go out there and get it done!  Just DO It!  Well let’s see, it’s only the 11th and already we have a CLOSING to tell you about.  The best part about…

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…

April 19, 2016 rummy

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 5% less expensive in Orange County (CA) all the way up to 46% in Houston (TX), and 36% Nationwide! Other interesting findings in the report include: Interest rates have remained low and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation. Some markets may tip in favor of…

January 22, 2016 rummy

Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways: § 59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO score is necessary § 86% of Americans either don’t know (59%) or are misinformed (25%) about what an appropriate Back End Debt-to-Income (DTI) ratios is § 76% of Americans either don’t know (40%) or are misinformed (36%) about the minimum down payment required To help correct these misunderstandings, let’s…

July 27, 2015 rummy

As the temperature continues to rise, buyers are coming out ready to purchase their dream home. Here are five reasons that you should list your house for sale now. 1. Strong Buyer Demand Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are significantly more prospective purchasers currently looking at homes than at any point in the last two years! These buyers are ready, willing and able to purchase… and are in the market right now! Take advantage of the buyer activity currently in the…

June 1, 2015 rummy

Jonathan J. Miller, the president of the appraisal firm Miller Samuel shared his sentiments on selling at this time of the year: “Based on the number of contracts signed each month, the spring is still the ‘Super Bowl’ of annual real estate sales,” June is annually the top month for the number of contracts signed, which means the properties themselves were likely listed in May. Overall, June yields 90 percent more sales than December.   Here are five good reasons to make the decision to Sell:   1. Beautiful weather makes everyone a little happier. “May weather is ideal for…

April 1, 2015 rummy

Happy Home in the Bronx   We spend a huge portion of our lives at work. Even if you only work the traditional 40 hours in a week, you’re still spending nearly 1/3 of your life at work. This can be a scary fact for some to face. But if, with the right conditions, you derive a sense of joy from your work, feel a sense of connection, and believe that you create a positive impact on some portion of the world (however small) through your work then work becomes much more than just a paycheck….

March 4, 2015 rummy

A Westchester town took top honors in a well-known real estate website’s recent 10 Best Places To Live in New York list. Movoto.com — a real estate website known for its catchy, algorithm-based top 10 lists — ranked Mamaroneck as the best town in New York state to live in. In addition, Westchester towns made up 9 of the top 10 spots on the real estate website’s list. Steve Altieri, Mamaroneck town administrator, said that Mamaroneck’s diverse population, community volunteerism, and coastal location were among the town’s finer points. “Mamaroneck is a coastal community, only 35 minutes from New York…

March 3, 2015 rummy

Don’t be surprised… we all have them. In fact, for most people, a bad day at least once per week is a common thing. It could be caused by any number of things. Maybe it’s Monday and you would rather be anywhere than at work. Maybe you don’t feel good. Maybe you just paid the bills and have barely enough money in your account to cover getting to work and back for the rest of the week. Maybe you are tired of friends who put your down and managers who make it their mission to cause you misery. Whatever the…

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…