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Monday, March 24, 2025   /   by Raj Jaggi

4 Things To Expect from the Spring Housing Market

Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.
1. There Are More Homes for Sale
After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com, active listings are up 27.5% compared to this time last year.
Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t returned to pre-pandemic norms (shown in gray), that number is higher than it has been going into the spring market over the past few years (see graph below):


Buyers: This means you have more choices, and you can be more selective.
Sellers: With more homes available than in recent years, you’re more likely to find what you’re lookin ...

  team raj jaggi, sellers, housing market, long island, top team, your home sold guaranteed or we'll buy it, best of zillow, new listing, free evaluation, home prices, hicksville home, housing inventory, home price appreciation, spring market

Wednesday, January 24, 2024   /   by Joyce Dungca

Are More Homeowners Selling as Mortgage Rates Come Down?

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.
The Mortgage Rate Lock-In Effect
Over the past year, one factor that’s really limited the options for your move is how few homes were on the market. That’s because many homeowners chose to delay their plans to sell once mortgage rates went up. An article from Freddie Mac explains:
“The lack of housing supply was partly driven by the rate lock-in effect. . . . With higher rates, the incentive for existing homeowners to list their property and move to a new house has greatly diminished, leaving them rate locked.”
These homeowners decided to stay put and keep their current lower mortgage rate, rather than move and take on a higher one on their next home.
Early Signs Show Those Home. ...

  buyers, housing market, new listing, mortgage rates, mortgage, latest data, lower rates, home search

Wednesday, May 3, 2023   /   by Raj Jaggi

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed.
Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much buyer demand has increased in recent months (see graph below):
As the graph shows, the first two months of 2023 saw a noticeable increase in buyer traffic. That’s likely because the limited number of homes for sale kept shoppers looking for homes even during colder months.
To help tell the story of why the latest report is significant, let’s compare foot traffic this February with each February for the last six years (see graph below). It shows this was one of the best Februarys for buyer activity we’ve seen in recent memory.

In the last six years, we saw the most February buyer traffic in 2021 . ...

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Monday, May 1, 2023   /   by Raj Jaggi

Why Buying a Home Makes More Sense Than Renting Today

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. 
And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the height of the pandemic:
“In March 2023, the U.S. rental market experienced single-digit growth for the eighth month in a row . . . The median asking rent was $1,732, up by $15 from last month and down by $32 from the peak but is still $354 (25.7%) higher than the same time in 2019 (pre-pandemic).”
With rents much higher now than they were in more normal, pre-pandemic years, owning your home may be a better option, especially if the long-term trend of rents increasing each year continues. In contrast, homeowner; ...

  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, first-time home buyers, raj has buyer, 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, free evaluation, construction, cash offer, inflation, recession, equity, investors, interest rate

Friday, April 28, 2023   /   by Raj Jaggi

Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

Some Highlights

With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.


You can also work with a trusted lender to consider alternative financing options and search for down payment assistance.


If you’ve been searching for a home but are concerned about rising costs, make sure you have a team of trusted real estate professionals for expert advice. ...

  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, first-time home buyers, raj has buyer, 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, free evaluation, construction, cash offer, inflation, recession, equity, builders, investors, home sold, interest rate