First off, I want to let everyone know that no matter what you read about doom-and-gloom scenarios, currently there is no bubble in the real estate market. I have conveyed this many times: Our inventory is at a historically low level. However, the No. 1 reason that prices went up to high single a
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04/30/2021
Agents are always attending open houses with their clients as a more efficient way of being able to show properties, especially on Saturdays and Sundays. Since the market has sprung back in the last two quarters of 2020, I have noticed the droves of purchasers out there visiting open houses.I alw
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04/22/2021
As the market has rebounded over the last 10 years, negative equity for many who were able to remain in their homes has turned positive with over 50 percent of homeowners have gained equity in their homes as per Core Logic through 2020.According to Census Bureau data as of the last quarter of 202
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04/19/2021
Unless your head is in the sand as a homeowner or a tenant, you have read or experienced the increases that have taken place in the cost of ownership. Even as a tenant you have seen increases over the years that either made you wake up and do whatever was necessary to leave your rental to buy or
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04/08/2021
There are times when viewing homes that more attention is paid to the interior than the exterior. I assume the reasons are many, but during the Covid-19 Pandemic we have been spending an inordinate amount of time over the last year, especially this winter living inside. Understandably, we may hav
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03/26/2021
When comparing today’s real estate environment to that of the market leading up to the implosion of 2008, there are marked differences that still make this market an excellent time to purchase.Back then it was a piece of cake securing financing because the regulations were so lax and if you had a
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03/17/2021
If you are still residing in a rental and are concerned about purchasing a home due to the increase in prices over the last year, you are not alone. The fear of buying into the Nassau real estate market, which has increased by 9 percent, and the Suffolk market, which has risen by 23 percent, has
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03/09/2021
All Things Real Estate By Philip A Raices - March 1, 20210 22 Who will you be hiring when selling, investing, purchasing, renting, or leasing your residential or commercial real estate, a salesperson or a consultant, or both? Hopefully, you will find a professional who is a hybrid and represents
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03/01/2021
Over the years I have met many homeowners who were contemplating downsizing and the work involved in the process that goes along with it. It can boggle many minds due to what has to be accomplished from deciding who to hire to sell the home, de-cluttering and the preparation as well as any repair
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02/24/2021
Over the years as one is enscounced in the real estate business, those of us who act and conduct ourselves in a professional and transparent manner are constantly learning, absorbing and educating ourselves to expand our knowledge to better service our clients. This, in turn, becomes an extremel
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02/16/2021