Residential News

Home Equity Is the Gift that Keeps on Giving

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January 9, 2017
Photo courtesy of Stuart Miles at FreeDigitalPhotos.net.

Tweet The most valuable holiday gift given last year doesn’t fit underneath homeowners’ trees, although it’s a gift that keeps on giving—an increase in home equity.    A recent CoreLogic® analysis showed that approx. 63% of all U.S. homeowners with mortgages saw their equity increase by a total of $227 billion in the third quarter...
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Three Reasons to Buy a Home in the New Year

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December 28, 2016
Three Reasons to Buy a Home in the New Year

Tweet As we bid farewell to 2016 and usher in the New Year, it’s important to set realistic goals and resolutions.  This year, many Americans will be adding ‘Buy a new home,’ to their list of resolutions—and with good reason.  First, the national unemployment rate is down to its lowest level since August of...
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Protect Yourself from these Four Potential Threats to Your Home

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December 23, 2016
Protect Yourself from these Four Potential Threats to Your Home

Tweet As so eloquently stated in a recent New York Law Journal article, “Winter storms can create a legal tightrope that a property owner must walk as carefully as a potential plaintiff walking on an icy sidewalk.”  In addition to slippery sidewalks, there are other threats that could be lurking around your home this...
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Mortgage Rates and Home Prices Continue to Climb

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December 9, 2016
Mortgage Rates and Home Prices Continue to Climb

Tweet As 2016 draws to an end, mortgage rates continue their upward march.  Many experts anticipate that rates will climb even higher because of recent strong economic data and the high probability of a rate increase by the Federal Reserve before the New Year.   On Thursday, Dec. 1st, Freddie Mac released data showing...
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Four Steps to Take before Shopping for Your First Home

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December 2, 2016
Four Steps to Take before Shopping for Your First Home

Tweet If you’re hoping to buy your first home in the New Year, follow these four steps before you begin house-hunting.   1.       Hone in on your credit score.  Practically every single purchase you’ve made in your financial past comprises your credit report, and its overall score impacts your entire financial future.  Your credit...
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Three Potential Impacts of Trump’s Presidency on NYC Real Estate

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November 25, 2016
Three Potential Impacts of Trump’s Presidency on NYC Real Estate

Tweet Donald Trump’s victory was a shock to many Americans, and most definitely the majority of New Yorkers.  He is the seventh president from New York and its first since Franklin Roosevelt.  His victory has many New Yorkers wondering what the impact of his policies and politics will be in his hometown.    Here...
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NYC Ranked 13th Best City for Building Wealth in 2016

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November 11, 2016
NYC Ranked 13th Best City for Building Wealth in 2016

Tweet Bankrate.com recently revealed the best U.S. cities for building wealth in 2016.  This report ranks 21 large metro areas in the following five categories: savable income, human capital, debt burden, homeownership and access to financial services.  While New York City was rated 13th, some of the cities listed on this ranking may surprise...
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Don’t Let Bad Real Estate Advice Scare You

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October 28, 2016
Photo courtesy of imagerymajestic at FreeDigitalPhotos.net

Tweet If you’re getting ready to buy your first home and feel stressed out, you are not alone.  In fact, according to a Daily Mail survey, the only thing more stressful than buying or selling a house is getting divorced.   In addition to the financial, logistical and emotional aspects of buying a home,...
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Designed to Sell—Five Final Secrets You Need Now

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October 14, 2016
Photo courtesy of Stuart Miles at FreeDigitalPhotos.net

Tweet We’ve already shared interior designers’ top paint color choices and which repairs to make before listing your home all in an effort to sell it quickly.  Now we reveal the final secrets of our Designed to Sell series.   1.       Shed some light.  This step is particularly important during fall and winter months...
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Designed to Sell—What’s Worth Replacing and Repairing?

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October 7, 2016
Photo courtesy of Pixtawan at FreeDigitalPhotos.net

Tweet When getting ready to sell your apartment, remember that you only have one chance to make a first impression.  The goal is to make potential buyers feel warm, comfortable and safe when they walk in the door.  Nothing screams, ‘Caution!’ like old, stinky carpeting, leaky faucets and outdated wallpaper.    Last week, we...
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