Buying a home is an exciting experience, but it can feel a bit overwhelming if you don’t have the right information. Check out these helpful resources about the home buying process. When you’re ready, give Team Garcia NYC a call at 646-779-7200 to tour available homes in the Queens County, Brooklyn, East Elmhurst , Laurelton and Valley Stream areas.
There are fewer bidding wars and homes selling above asking price, Redfin report finds Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may be a significant misconception about the role owning a home plays
Total active home inventory continues to free-fall in Washington state with no end in sight. King County in Washington is the 12th most populous county in the U.S. with 2.2 million people, and — as home to Seattle — it is one of the wealthiest pockets of America. At the end of August 2019, there were
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on
Skilled residential contractor workforce increased in August The U.S. economy produced just 235,000 new jobs in August, far below economists’ expectations of 725,000 jobs. It was the slowest month of growth since January 2021. Roughly one million jobs were produced in the months of both June and July. “There’s no question that the Delta variant is why today’s job report
Delightfully maintained and spacious two-bedroom Garden apartment in the center of Bayside. Great size bedrooms with tons of closet space. Prime location in Bayside within 7 minutes to Bay Terrace, 5 min to Bell Boulevard. Ample street parking with the Garage/lot parking option for a fee. Sandwiched between Auburndale And Bayside LIRR, Shops, Parkways, &
67-35 Yellowstone Boulevard #6U
Forest Hills, NY 11375
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case. Today’s buyers are spending approximately 20% of their income on
The inventory of unsold homes rose by 7.3% to 1.32 million from June to July Existing-home sales grew by 2.0% in July from the month prior, a report published by the National Association of Realtors on Monday found. But first-time homebuyers are still getting squeezed. Completed sales transactions for single-family homes, townhomes, condominiums and co-ops, represented a
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last vacation this summer, here are
Out-of-country buyers purchased only 107,000 properties in a 12-month span Foreign buyers purchased $54.4 billion worth of U.S. existing homes from April 2020 through March 2021, a 27% decrease from the previous 12-month period, according to a new report from the National Association of Realtors. Though it’s undoubtedly COVID-related, the drop represents the fourth consecutive annual
The Treasury Department warned grantees that if they are unable or unwilling to effectively allocate funds, the money will be reallocated The Emergency Rental Assistance Program, created to help renters quash their missed payments, is disbursing the $46.5 billion allocated to the program at a snail’s pace. The month of July saw a mere $1.7
