Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by […]
Read MoreWhen the owners of 25 Rebellion Road commissioned architect Ray Huff to design their home, they had a very specific vision in mind. They wanted a modern and clean design that would have little to no wasted space. Huff combined their vision with his unique design style and crafted a home that is truly one […]
Read MoreFannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions. Great News! The index reached its highest level since Fannie […]
Read MoreWith the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest […]
Read MoreInterest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home! […]
Read MoreLobster rolls, outdoor bars and strolls through history. Now that the chill is in our rear view mirrors and warmer days are straight ahead, it’s prime time to enjoy the food, drink and scenery we lust after when a Pulse article pops up on Facebook. Consider this guide, which is based on page views, the ultimate […]
Read MoreNamed for the natural cold-water springs running through the area, the quaint hamlet of Cold Spring Harbor in the Town of Huntington has a long aquatic past that reached an apex in the mid-19th century, when the local whaling business reached its zenith. As the number of whaleboats declined in the ensuing decades, the area […]
Read MoreAs warmer weather approaches, party planners start buzzing about outdoor entertaining. For many people, nothing can beat a springtime garden party, mid-summer poolside gathering, or early fall bonfire. With good planning and vision, your outdoor gathering can boast just as much luxury and style as any indoor soiree. In general, the trend for outdoor entertaining […]
Read MoreIf you’re thinking about buying a luxury vacation home, now is the right time. According to real estate experts, 2019 is a great year to make the move, especially if you’re looking to purchase in a popular location like the Hampton’s or Hawaii. This year’s sales are already up in these luxury markets, which means […]
Read MoreNational and County-wide news sources are slow and do not accurately represent what is happening in our local market. It’s important to stay informed about conditions impacting your local neighborhood! Below is a report of Bayville, Long Island NY. I hope you find it useful. These market reports are updated weekly so you can be “ahead […]
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