Tuesday, May 10, 2022 / by Raj Jaggi
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals.
What’s Happening with Home Prices?
Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says:
“Price appreciation averaged 15% for the full year of 2021, up from the 2020 full year average of 6%.”
So why are prices climbing so much? It’s because there are more buyers than there are homes for sale. This imbalance is expected to maintain that upward pressure on home prices because homes for sale are a hot commodity in today’s low-inventory housing market.
Where Do Experts Say Prices Will Go from Here?
Experts say the housing marke ...
Wednesday, March 2, 2022 / by Raj Jaggi
Some Key Points
Consider the various financial advantages of owning a house when determining whether to rent or buy.
As a renter, you contribute to your landlord's wealth while also dealing with escalating expenditures. You can create your own net worth as a homeowner and lock in your monthly payments for the life of your loan.
If you're considering your alternatives, keep in mind that buying a home comes with a lot of financial benefits. To learn more, contact a local real estate agent.
Tuesday, February 15, 2022 / by Raj Jaggi
If you're hoping to sell this year, you're undoubtedly considering what you'll need to do to prepare your home to appeal to the full range of buyers. To get your property ready to sell, you'll need to engage with a reputable real estate agent who is familiar with the local market. However, there are a few things to think about when determining what to renovate and upgrade before putting your home on the market this season. Here are three things to keep in mind as you make your project list for the coming year.
1. There aren't many houses for sale
Housing inventory is well below what is considered average in a balanced market. Indeed, the newest statistics from the National Association of Realtors (NAR) suggests that inventory is at an all-time low. Because there is such a limited number of properties for sale, you are in a unique position to benefit from several offers and a rapid process when you sell your property.
However, you'll want to do it while purchasers are still sna ...
Wednesday, January 26, 2022 / by Raj Jaggi
Many Generation Z (Gen Z) individuals are approaching adulthood and considering whether to rent or purchase a home. If you fall into this category, keep in mind that you're never too young to start thinking about homeownership. The earlier you begin preparing, the quicker you will be able to leave your rented home.
Here are a few reasons to consider buying a home this year as you begin your journey and plan your next move.
Why Does Gen Z Want To Become Homeowners?
According to realtor.com research, while the overwhelming majority of Gen Z has yet to enter the housing market, a sizable percentage plans to do so in the near future. According to the study, 72% of Gen Z would prefer to buy a home than rent for the long run. As George Ratiu, Realtor.com's Manager of Economic Research, puts it:
“With nearly three-quarters of those surveyed preferring to buy versus renting long-term, the housing industry should be prepared for millions of Gen Z buyers to bring a new wave of demand ...
Wednesday, December 22, 2021 / by Raj Jaggi
Winter is upon us so let's Warm up with some of the Hottest buys of the week!
35 Hemp Lane, Hicksville, NY 11801
Walk into this stunning new construction house and experience luxury at its best! This modern colonial house embodies luxurious architectural design with lavish finishes! With a 3200+ living area, this house features 5 spacious bedrooms & 5 bathrooms. Stunning Chef's Kitchen with waterfall Island, Eat-in area, custom cabinets, SS appliances, quartz waterfall counter-tops. Master bedroom on the first floor, along with family room, living room & formal dining room. Walk up the stairs to the second to find 4 beautiful bedrooms. Master bedroom with WIC & master bath with his & her bathroom vanities! 1-space attached garage, spacious backyard to relax...close to all amenities, transport...LOCATION is Great, must-see...
(CLICK THE IMAGE BELOW TO PREVIEW THE HOME)
2 Richard Court, Plainview, NY 11803
Welcome to this Stunning Hi Ranch sitting on a Lush G ...