Posts Tagged ‘interest rates’
How Much Should I Put Down?
Purchasing a home is a milestone moment, and one of the crucial decisions you'll face is determining the right size of your down payment. This decision can significantly affect your mortgage terms, monthly payments, and overall financial st...
Navigating High Mortgage Rates in Today’s Housing Market
Understanding Rising Mortgage Rates At Jones Hollow Realty Group, we understand the complexities of today's market, especially with mortgage rates soaring above 8%, a peak not reached in over two decades. This shift significantly impacts hom...
Understanding Comparative Market Analysis
If you are planning to buy or sell a property, one of the most important factors that you need to consider is the property's value. This is where a Comparative Market Analysis (CMA) comes in handy. A CMA is a report that provides you with an es...
What to Make of the Long Island Real Estate Market
The snatch and grab seller's market is behind us and pricing a property right is the difference between selling quickly and sitting on the market.. Surging mortgage rates have put some much-needed pressure on the hot housing market in ...
2022 Mid-Year Real Estate Market Update For Long Island
The real estate market is shifting; that's a fact, and it's not even up for debate. The question is: what are you going to do about it? Earlier this year, the number of homes for sale on Long Island hit an all-time low in January, creati...