Here’s What the Average Homeowner Is Raking in at Resale
With the boom in home prices in the recovery, homeowners have been profiting in the tens of thousands when they unload—and in 2018, the payout was at a peak. In the past year, the average homeowner pocketed $61,000 at resale—$11,000 more than what the average homeowner profited in 2017, and $21,500 more than the average […]
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Whose Mortgage Do You Want To Pay? Yours Or Your Landlord’s?
There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business explained in their article, “12 Practical […]
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Buying a home this spring? Brace yourself for some tough decisions
As home prices and interest rates both soar, home buyers will be harder-pressed to afford their monthly mortgage payments. With the prime spring house- hunting season just around the corner, the monthly mortgage payment for a median-price home nationwide now stands at $1,486 — up $168 or nearly 13% from a year ago, according to […]
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Market Update | April ’18 | Nassau County NY
We provide this monthly update of the market on Long Island, NY. Enjoy!
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Oyster Bay Real Estate Market Summary Report
National 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 Oyster Bay, Long Island NY. I hope you find it useful. These market reports are updated weekly so you can be “ahead […]
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Rising Prices Help You Build Your Family’s Wealth
Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home this […]
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How much will steam showers and heated floors boost the price of your home?
Does your master bathroom have a steam shower? If you’re not including that in your home’s listing when you go to sell, you could be leaving serious money on the table. Home listings descriptions mentioning steam showers and professional appliances sold for 29% more than their expected value, according to a new report from real-estate website […]
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Mortgage Interest Rates Have Begun To Level Off
Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading. Over the course of 2018, according to Freddie Mac’s Primary Mortgage Market Survey, rates have increased from 3.95% in the first week of January […]
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CURATED: THE WELL-TRAVELED PALLETTE AT HOME
Travel is not just a revelation for the eyes and the mind; it’s a feast for the taste buds. Hosting a themed dinner party allows you to bring a little bit of that magic home to your guests. The delight is in creating an immersive world where not just the food but the decor, the […]
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New Listing
Immaculate Hi Ranch With Beautiful Water Views. Spacious Open Floor Plan Perfect For Entertaining. Large Master Suite With Full Bath And Access To Your Double Deck And Private Backyard. Close To Beach, Shops, And Restaurants. This Home Will Not Last!! Come Enjoy What Bayville Has To Offer!!
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