Thursday, May 30, 2024 / by Joyce Dungca
Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider.
But, there's one way to avoid getting tripped up – and that’s leaning on a real estate agent for the best possible advice. An expert’s insights will help you avoid some of the most common mistakes homebuyers are making right now.
Putting Off Pre-approval
As part of the homebuying process, a lender will look at your finances to figure out what they’re willing to loan you for your mortgage. This gives you a good idea of what you can borrow so you can really wrap your head around the financial side of things before you start looking at homes. While house hunting can be a lot more fun than talking about finances, you don’t want to do this out of order. Make sure you get your pre-appro ...
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buyers, housing market, homes, pre-approval, mortgage rates, top agent, home buying
Friday, June 30, 2023 / by Joyce Dungca
Some Highlights
An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.
They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed in the contracts and disclosures involved.
Let’s connect to ensure you have an expert helping you sell your house successfully. ...
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team raj jaggi, sellers, top agent, top agent long island, sellers’ market, agents
Wednesday, December 7, 2022 / by Raj Jaggi
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.
Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not following sensationalized headlines in the news today. The reality is, headlines do more to terrify people thinking about buying a home than they do to clarify what’s actually going on with real estate.
Here are three reasons potential homebuyers should consider buying a home today.
1. More Homes Are for Sale Right Now
According to data from the National Association of Realtors (NAR), this year, the supply of homes for sale has grown significant ...
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team raj jaggi, buyers, long island, your home sold guaranteed or we'll buy it, new york, housing market, first-time home buyers, millennials, top agent long island
Thursday, August 18, 2022 / by Raj Jaggi
Click Here to Get Directions
$750000
3bed - 3bath - 0.15 sqft lot
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Come check this Immaculate colonial in Merrick! This beautiful house features 3 spacious bedrooms and 3 bathrooms. With an open floor concept on first floor, you will find a huge living room w/built-in fireplace, dining room w/French doors leading to backyard deck, bedroom wi/ attached fully tiled bath and a stunning modern kitchen filled w/great features that include all new black SS appliances, L-shaped counter for entertainment, farm style sink, commercial style dual oven, stove top with a pot filler along with superior white kitchen tiles, huge pantry as storage. Seasonal room w/picture view windows to enjoy the outside scenery.1st floor also has surround sound speakers w/Bluetooth capability. Brand new Maytag washer & dryer. Recessed lighting and hardwood floors throughout the home. Full finished basement w/OSE. Common bath on 2nd floor has Bluetooth capabis ...
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Friday, July 22, 2022 / by Raj Jaggi
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported by strong market fundamentals.
To understand why price declines are unlikely, it’s important to explore what caused home prices to rise so much recently, and where experts say home prices are headed. Here’s what you need to know.
Home Prices Rose Significantly in Recent Years
The graph below uses the latest data from CoreLogic to illustrate the rise in home prices over the past year and a half. The gray bars represent the dramatic increase in the rate of home price appreciation in 2021. The blue bars show home prices are still rising in 2022, but not as quickly:
You might be asking: why did home prices climb ...
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