March 15, 2019
The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years. That led to speculation that homeownership was no longer seen as a […]
March 1, 2019
#1 Minor Bathroom Remodel Average return at resale: 102 percent It costs about $10,500 to replace the tub, tile surround, floor, toilet, sink, vanity and fixtures. You’ll get back an average of $10,700 at resale, a recoup rate of 102 percent. If you can pipe a child’s name on a birthday cake, you can re-caulk a […]
February 22, 2019
Personal financial planning is rarely glorified on the same level as profiting in any shape or form. In today’s landscape, more people are interested in making money than actually managing the money they currently have. That said, the two concepts are not mutually exclusive. In fact, personal financial planning and wealth building aren’t two separate strategies, […]
February 15, 2019
Key Takeaways The Phoenix real estate market could stand to benefit from a return to normalcy after nearly a decade of volatility. Real estate in Phoenix has come a long way since it was practically the poster child of the last recession. Phoenix real estate investors should take solace in the fact that demand remains […]
February 8, 2019
Hottest Zip Codes Q4 2018 Highlights: Midwest markets are dominating while California loses traction Top slots shifting toward more affordable markets. Just three zip codes above national median listing price compared to eight last year Emerging zip codes benefiting from spillover demand from nearby markets. The average listing price for homes in the Top […]
February 1, 2019
December 2018 20 Hottest Markets Realtor.com’s Hottest Markets receive 1.4 to 2.6 times the number of views per property compared to the national average. In terms of supply, these markets are seeing inventory move 13 to 43 days more quickly than the rest of the US. The hottest markets are also seeing inventory move more […]
January 27, 2019
Housing Market Predictions 2019: Tougher Road Ahead for Home Buyers and Sellers The 2019 housing market will see modest inventory gains, but with mortgage rates expected to hit 5.5 percent by the end of the year, monthly mortgage payments will rise 8 percent putting home ownership more out of reach especially for younger Gen-Z, Millennial, […]
November 2, 2018
Is a lack of affordable housing holding back economic growth in our region? A recently released report from the New York City Department of City Planning shows that over the last 10 years, the NYC Metro region (which includes Westchester) added 708,000 new jobs but grew only by 0.9 percent — slower than many other […]
October 26, 2018
The trend is considered by many realtors to be a make or break factor in selling a home swiftly and profitably. What is depersonalizing? Depersonalizing is the process of neutralizing, or removing the personal taste of the seller from their home décor, as well as personal items like photos and other artifacts. The conventional wisdom […]
October 12, 2018
Higher home prices and a lack of inventory contributed to a decline in housing sales in the lower Hudson Valley region, according to analysts at Hudson Gateway Association of Realtors. Across Westchester, Putnam, Rockland and Orange counties, there were 4,539 sales of single-family homes, two- to four-family homes, condominiums and cooperatives during the second quarter […]