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real estate Sellers Who Get the First 30 Days Right Walk Away With More Only about 41% of price cuts in Q1 2026 actually generated more showings. That’s the number I want every seller in Staten Island thinking about before they put their home on the market this summer. A new report from Realtor.com shows that homes closing around the four-week mark sell for 1.8 percentage points above the […]
real estate Waiting for Prices to Drop in Staten Island? New Research Says You’ll Be Waiting 7 Years A lot of buyers right now are in a holding pattern, watching the market and waiting for prices to come down. Oxford Economics just put a number on how long that wait might actually be: seven years. That projection comes from one of the most widely cited economic research firms in the world. If you’re […]
Real Estate News How to Budget for a Home in 2025 | Why the 30% Rule No Longer Works For decades, buyers have been told to follow one simple rule: Don’t spend more than 30% of your income on housing. That is the gold standard. The budget benchmark. The line in the sand between “affordable” and “overextended.” But in 2025, that line no longer seems attainable. According to a Realtor.com® Affordability Report, the typical […]
Real Estate News Are Open Houses Still Effective? When it comes to selling your home, one of the biggest questions sellers have is: “Do open houses still work?”  With so many digital tools available, from virtual tours to high-resolution photos, it might seem like open houses are a thing of the past. But in 2024, we’re seeing a comeback. If you’re thinking of […]
Real Estate News The Fed Cut Rates: What Does it Mean for Mortgage Rates? By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years.  But what does that really mean for home buyers and sellers? You might be wondering how this impacts mortgage rates, home prices, or your ability to make a move in today’s market. Understanding […]
Real Estate News Are You Paying the “Home Move Tax?” For most homeowners, selling a home feels less like a straightforward transaction and more like taking on a second job. A job that doesn’t just demand your money but also your most precious resource: time. In fact, according to recent data, selling a home can consume over a third of your waking hours, turning your […]
Real Estate News Do I need a Real Estate Agent? Let’s get real. Do you have to use a real estate agent when buying or selling a home?  The answer, of course, is no. You can absolutely go it alone, and there are people who opt to do so every year.  After all, with the internet at your fingertips, you can search for homes, look […]
Real Estate News 6 Things You Need to Know About Upcoming Changes to the Real Estate Industry A little backstory:  Back in March, the National Association of Realtors (NAR) agreed to a settlement deal. The organization agreed to both a monetary settlement as well as real estate practice changes aimed at providing more transparency regarding how real estate agents are paid.  But how exactly does that change things for you? There are […]
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Real Estate News Staten Island Housing Market: What’s cooling Down, What’s Heating Up Staten Island Housing Market Report for July 2024 The housing market in Staten Island, NY, shows some interesting trends based on recent statistics. Here’s what they mean for you, whether you’re thinking of buying or selling a home: The median sale price of homes is $680,000, indicating that prices are relatively high. If you’re a […]
Real Estate News Top Mortgage Assistance Programs in Staten Island A recent study by Fannie Mae revealed a surprising lack of confidence among consumers about the mortgage process 4 Mortgage Loan Mistakes That Could Cost You Money    There’s good reason to feel a little cautious. Here in Staten Island, home prices have risen 9% this year alone, and mortgage rates have also climbed. However, […]
Real Estate News 6 Tips to Secure the Best Home Insurance Rates Now, more than ever, having the right home insurance is essential.  But with rates on the rise, how do you ensure you’re getting the best coverage without breaking the bank? Let’s explore the ins and outs of home insurance and uncover some strategies to secure the best deal for your home in Staten Island Understanding […]
Real Estate News Looking Ahead: What the Experts Are Saying About Home Prices in 2025 Lately, there’s been a lot of buzz about what’s next for home prices, especially with 2024 shifting gears in some markets. Here in Staten Island, we saw the Median Sales Price decrease 3.2 percent to $668,000, while  Days on Market was up 35.2 percent to 78 days during the first six months of 2024.  But what […]
Real Estate News Top Tips for a Smooth and Stress-Free Home Sale Selling a home is considered more stressful than planning a wedding.  Yes, you read that right! According to a recent study by Opendoor, selling a home is 35% more stressful than planning to exchange vows. And for many homeowners aged 55 and over, selling a home is often intertwined with major life transitions, adding another […]
Real Estate News The Costs of Selling Your Home (and How to Maximize Your Profits) Let’s face it—between repairs, closing costs and commissions, the costs associated with selling your home can add up fast. Case in point: homeowners reported spending $54,616 when selling their homes, according to a recent survey from Clever Real Estate—an amount that was surprising to 42%.  Despite the costs, the majority (64%) made a profit on […]
Real Estate News 4 Mortgage Loan Mistakes That Could Cost You Money There’s nothing like the moment when you’ve found your dream home. It’s easy to get caught up in the excitement and make moves to finalize everything as quickly as possible. And while timeliness is important, it can lead to mistakes that end up costing you thousands.  Here are the four biggest mistakes people make when […]
Real Estate News Real Estate vs. Stocks: The Ultimate Long-Term Investment Showdown When it comes to long-term investments, Americans have a clear favorite: real estate.  According to a recent Gallup poll, 36% of Americans believe real estate is the best long-term investment, outpacing stocks (22%), gold (18%), savings accounts (13%), bonds (4%) and cryptocurrencies (3%). Why is that the case? Let’s dive into why so many people […]

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