Monday, March 24, 2025 / by Raj Jaggi
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.
1. There Are More Homes for Sale
After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com, active listings are up 27.5% compared to this time last year.
Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t returned to pre-pandemic norms (shown in gray), that number is higher than it has been going into the spring market over the past few years (see graph below):
Buyers: This means you have more choices, and you can be more selective.
Sellers: With more homes available than in recent years, you’re more likely to find what you’re lookin ...
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Tuesday, May 24, 2022 / by Raj Jaggi
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend.
According to data from CoreLogic, home price appreciation has been re-accelerating since November. The graph below shows this increase in home price appreciation in green:
This is largely due to an ongoing imbalance in supply and demand. Specifically, housing supply is still low, and demand is high. As mortgage rates started to rise this year, many homebuyers rushed to make their purchases before those rates could climb higher. The increased competition drove home prices up even more. Selma Hepp, Deputy Chief Economist at CoreLogic, explains:
“Home price growth continued to gain speed in early spring, as eager ...
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Friday, May 20, 2022 / by Raj Jaggi
87 East Street, Hicksville, NY
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$519000
3bed - 2bath - 5000 Sq.Ft Lot
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Investors Special!! Check out this Charming Bungalow in the heart of Hicksville. This house features 3 bedrooms and 1.5 baths. Living room, dining room, Kitchen. Updated roof & Siding. Full basement with walk out separate entrance. Huge backyard. 1-car detached garage with private driveway. Close to all amenities. Selling As is..Needs TLC
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Licensed Real Estate Salesperson, VORO
516-996-0586
Licensed In: New York
License #: 40JA1039796
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Wednesday, April 13, 2022 / by Raj Jaggi
33 Georgia Street, Hicksville, NY
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$734888
6bed - 3bath - 5000 acres lot
Come Check out this Wonderful Colonial in Hicksville.This Dream Home features a Spacious Living Room,Dining Room,Eat in Kitchen w/SS appliances,6 Beautiful Bedrooms with a Master and 3 Baths..Gas Heat,Gas Cooking..Basement with OSE..Hardwood Floors,Private Parking..Lush Green Backyard..This splendid house has everything for you and your family..Do not miss out on this one !!
Follow This Home
Team Raj Jaggi - Your Home Sold Guaranteed!
Licensed Real Estate Salesperson, VORO
516-996-0586
Licensed In: New York
License #: 40JA1039796
Contact Me
Useful Links
Free Home Values ...
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