Community | Blog

Tuesday, September 27, 2022   /   by Raj Jaggi

How an Expert Can Help You Understand Inflation & Mortgage Rates

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.
Inflation and the Housing Market
This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home.
While the Federal Reserve is working hard to lower inflation, the August data shows the inflation rate was still higher than expected. This news impacted the stock market and fueled conversations about a recession. It also played a role in the Federal Reserve’s decision to raise the Federal Funds Rate last week. As Bankrate says:

“. . . the Fed has raised rates again, announcing yet another three-quarter-point hike on September 21 . . . The hikes are designed to cool an economy ...

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Friday, September 23, 2022   /   by Raj Jaggi

Fall Home Selling Checklist [INFOGRAPHIC]

Some Highlights


When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen.
Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal.
Let’s connect so you have advice on what you may want to do to get your house ready to sell this season. ...

  team raj jaggi, buyers, top team, long island, sellers, your home sold guaranteed or we'll buy it, new york, award winning, best of zillow, housing market, nassau, raj has buyer, first-time home buyers, new listing, suffolk, home evaluation, pre-approval, homes, cash offer in 24 hours, moving, pre-commitment, pre-qualification, gen z, millennials, intrest rates, guaranteed home sale, construction, free evaluation, summer, cash offer, builders, inflation, recession, equity, investors, john theissen children's foundation, home sold, community

Thursday, September 15, 2022   /   by Raj Jaggi

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.
Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is easing this year. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be just what you need to re-enter the market.
1. The Return of Contingencies
Over the last two years, more buyers were willing to skip important steps in the homebuying process, like the appraisal or inspection, to try to win a bidding war. But now, fewer people are waiving the inspection and appraisal.
The latest data from the&nbs ...

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Wednesday, September 14, 2022   /   by Raj Jaggi

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?
To answer this question, there are two things we want to understand. The first is the reality of the shift in today’s housing market. And the second is what experts are saying about home prices in the coming year.
The Reality of the Shift in Today’s Housing Market
The reality is we’re seeing an inflection point in housing supply and demand. According to realtor.com, active listings have increased more than 26% over last year, while showings from the latest ShowingTime Showing Index have decreased almost 17% from last year (see graph below). This is an inflection point for housing because, over the past two years, we’ ...

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Friday, September 9, 2022   /   by Raj Jaggi

Why It’s So Important To Hire a Pro [INFOGRAPHIC]

Some Highlights


If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights.
The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face.
Let’s connect so you have expert advice each step of the way. ...

  team raj jaggi, buyers, top team, long island, sellers, your home sold guaranteed or we'll buy it, new york, award winning, best of zillow, housing market, nassau, raj has buyer, first-time home buyers, new listing, suffolk, home evaluation, pre-approval, homes, cash offer in 24 hours, moving, pre-commitment, pre-qualification, gen z, millennials, intrest rates, guaranteed home sale, construction, free evaluation, summer, cash offer, builders, inflation, recession, equity, investors, home sold, john theissen children's foundation, community