Jericho | Blog

Monday, January 31, 2022   /   by Raj Jaggi

Where Are Home Prices Going This Year?

Many experts predicted that the home price spike would decrease in the fourth quarter of 2021 after nearly two years of double-digit increases. However, according to CoreLogic's newest Home Price Insights Report, while prices may have plateaued, appreciation has not slowed. Year-over-year appreciation is depicted in the graph below for the year 2021. The data for December has yet to be released.


Over the last five months, appreciation has stayed stable at roughly 18%, as shown in the graph.
Furthermore, the latest S&P Case-Shiller Price Index and the FHFA Price Index both show a little decrease from the same period last year – although not to the predicted degree. They do, however, both point to ongoing high price growth across the country. According to the FHFA, double-digit appreciation was nevertheless seen in all nine regions of the country. According to the Case-Shiller 20-City Index, all 20 metros saw double-digit gains.

Why haven't we seen the more dramatic de ...

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Wednesday, January 26, 2022   /   by Raj Jaggi

Next Generation of Homebuyers Are Here!

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 ...

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Friday, December 31, 2021   /   by Raj Jaggi

EXCITING ANNOUNCEMEMT!

CONGRATS!! To the most AMAZING REAL ESTATE GROUP on the PLANET!
ENCORE PERFORMANCE! For the 7th year in a row theTEAM RAJ JAGGI #1 Real Estate Team ????in all of Long Island for the greatest number of sales !!! ??????????????????WOW! We are so proud of each member of the team! ???? In these challenging times they worked so hard providing the most remarkable extra mile service to each and every client! ????????THE TEAM RAJ JAGGI IS MOST TRUSTED REAL ESTATE OFFICE WITH VOROYOUR HOME SOLD FOR THE HIGHEST PRICE POSSIBLE GUARANTEED OR RAJ WILL BUY IT! ????AS A LOCAL FAMILY OWNED COMPANY OUR MISSION AND CORE VALUES ARE TO ALWAYS DELIVER THE HIGHEST LEVEL OF CLIENT SERVICE, AND TO PROVIDE THE MOST RESEARCHED AND UP TO DATE INFORMATION ON OUR EVER CHANGING REAL ESTATE MARKET .THANK YOU TO ALL OF OUR AWESOME CLIENTS. ???? WE COULD NEVER HAVE ACCOMPLISHED THIS REMARKABLE ACHIEVEMENT WITHOUT YOUR TRUST AND CONFIDENCE IN OUR TEAM.OVER 373 FAMILY SERVED THIS YEAR ONLY????????????TO ...

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Friday, December 3, 2021   /   by Raj Jaggi

BUY ONE OF THESE HOMES AND WE'LL BUY YOURS!

108 Argyle Drive, Shirley, NY 11967 
Welcome to this Recently Renovated Sun-filled Ranch House sitting on a corner lot in Shirley. This Home has 3 Bedrooms and 3 Bathrooms. Its many outstanding features include High Ceilings with sky-lights, Den/Family Room, Granite Countertops, a 1st Floor Master, and a Full Finished Basement with a separate entrance. On top of all LOCATION LOCATION LOCATION! Home is near all amenities including School, Park, Shops, and Public Transportation. This is definitely a must-see home! Don't miss out!

(CLICK THE IMAGE ABOVE TO PREVIEW THE HOME)

162 Mckee Street, Floral Park, NY 11001 
Check out this Brand New Constructed Splendid Colonial in Floral Park! This Beauty boasts 4 Over-Sized Bedrooms & 3 Full Baths..Spacious Living Room, Open Concept Kitchen w/SS appliances, Custom Cabinets, Granite Counters..Family room..Master Bedroom w/En-Suite..Central AC, Gas Heat, Hardwood floors & High-Hats allover..Vaulted Ceilings in Basement..Thi ...

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Wednesday, November 24, 2021   /   by Raj Jaggi

Is Downsizing a Good Option for You? Before You Make The Move, Ask Yourself These 5 Questions.

Many homeowners choose to downsize for a variety of reasons. Perhaps they'll retire soon, or perhaps their children have already flown the coop. The extra rooms are no longer required, and cleaning and keeping them can be costly. Perhaps they've reviewed their recent electricity bills and considered ways to save money on utilities. More individuals are interested in living more responsibly, and one way to do so is to live in a smaller, more manageable, and easier-to-maintain home.

Whatever your motivation, keep in mind that downsizing is a serious decision that necessitates thorough consideration of your circumstances and objectives. Here are five questions to ask yourself if you're thinking about making the switch. Hopefully, your responses will assist you in preparing for the next lifestyle and financial changes.

One of the most common motivations for downsizing is to save money. It's certainly one of the first things you looked into if you've really considered downsizing. When ...

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