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
Friday, July 8, 2022 / by Raj Jaggi
Some Highlights
According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months.
That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home.
To find out how much equity you have in your home and how you can use it, let’s connect today. ...
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Tuesday, June 14, 2022 / by Raj Jaggi
If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know.
The housing market is moderating compared to the last two years, but what everyone needs to remember is that the past two years were record-breaking in nearly every way. Record-low mortgage rates and millennials reaching peak homebuying years led to an influx of buyer demand. At the same time, there weren’t enough homes available to purchase thanks to many years of underbuilding and sellers who held off on listing their homes due to the health crisis.
This combination led to record-high demand and record-low supply, and that wasn’t going to be sustainable for the long term. The latest data shows early signs of a shift back to the market pace seen in the years leading up to the pandemic –&n ...
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Thursday, May 12, 2022 / by Raj Jaggi
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today.
If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search.
Early Signs Inventory May Be Growing
The latest data from realtor.com shows the number of listings coming onto the market, known in the industry as “new listings,” has increased since the start of the year (see graph below):
This indicates more sellers are listing their homes for sale each month this year. And according to realtor.com, this growth is expected to continue. Their research finds th ...
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