Existing Home Sales Rebound in December


The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase every recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago.

Source: Existing Home Sales Rebound in December

Rents Still Skyrocketing


specializing in Port Jefferson

Zillow recently revealed that the 43 million renter households in the US spent $535 billion on rent in 2015.

Source: Rents Still Skyrocketing

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Rents Still Skyrocketing


Zillow recently revealed that the 43 million renter households in the US spent $535 billion on rent in 2015.

Source: Rents Still Skyrocketing

Thinking of Buying? Selling? 5 Reasons You Need To Hire A Professsional


Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

Source: Thinking of Buying? Selling? 5 Reasons You Need To Hire A Professsional

Obstacles to Homeownership: Perceived or Real?


Yesterday, we discussed the belief Americans have in homeownership and their desire to partake in this piece of the American Dream. We also discussed some of the obstacles preventing them from attaining that goal. However, studies have shown that that many of the obstacles mentioned are perceive

Source: Obstacles to Homeownership: Perceived or Real?

Real Estate Shines as an Investment in 2015


A survey by The Joint Center of Housing Studies at Harvard University reveals that when a family is buying a home they consider the financial benefits of homeownership along with the social benefits.

Source: Real Estate Shines as an Investment in 2015

Home Prices: Where Are They Headed Over The Next 5 Years?


Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Source: Home Prices: Where Are They Headed Over The Next 5 Years?

FSBO, List Again or OTM? A Seller’s Dilemma


At the end of December, in every region of the country, hundreds of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), For Sale by Owner (FSBO) or list it again wit

Source: FSBO, List Again or OTM? A Seller’s Dilemma

Prices & Mortgage Rates Going Up in 2016


The monthly mortgage payment on a home is determined by two elements: the price of the house and the interest rate you pay on your mortgage. Recently released reports are revealing that the experts expect both elements to increase in 2016.

Source: Prices & Mortgage Rates Going Up in 2016

Do You Know The Difference Your Interest Rate Makes? [INFOGRAPHIC]


Do You Know The Difference Your Interest Rate Makes? [INFOGRAPHIC]

Source: Do You Know The Difference Your Interest Rate Makes? [INFOGRAPHIC]