Posts Tagged ‘real estate’
Q1 2025 Long Island Real Estate Market Update
As we reflect on the first quarter of 2025, the Long Island real estate market continues to demonstrate resilience and opportunity, particularly in Nassau and Suffolk counties, with a focus on the South Shore. Below is a concise update on key t...
Mortgage Rates Drop for Sixth Week: A Step in the Right Direction for Homebuyers
Good news for homebuyers on Long Island: mortgage rates are trending down. For the sixth consecutive week, rates have declined, with the average 30-year fixed-rate mortgage falling to 6.76% as of February 27, 2025, down from 6.85% the prior wee...
Ready for Your Homeowners Insurance to Go Up 100%? Here’s Why It’s Happening on Long Island
If you own a home on Long Island, brace yourself: homeowners insurance premiums are skyrocketing, with many homeowners seeing increases of 100% or more. What’s behind these hikes? Insurance companies are in a state of panic, driven by hur...
The Post-NAR Settlement Survival Guide: How Some Agents Are Already Falling Behind
The Post-NAR Settlement Survival Guide: How Some Agents Are Already Falling Behind (and That Might Not Be a Bad Thing) It’s finally happening. The post-NAR settlement world is here, and the changes are start...
The Sandbox Estate: The $4.3 Million Virtual Land Sale That’s Blurring Reality
Imagine paying $4.3 million for a piece of land. Now, imagine that this land isn’t nestled in a swanky neighborhood or perched on a scenic hilltop. Instead, it exists only in a virtual world—a world that you can’t touch, walk through,...
Unlock the Benefits of Homebuying with Expert Guidance: Why Choosing a Real Estate Agent is Essential
Navigating the complexities of the real estate market can be daunting, especially when you're considering your most significant investment—buying a home. Amid fluctuating market trends and discussions about real estate c...
Federal Reserve Raises GDP and Inflation Outlook, Maintains Rate Cut Forecast: Implications for Homebuyers
As you navigate the process of buying a home and securing a mortgage, it's essential to understand how broader economic policies, like those set by the Federal Reserve, can impact your journey. The Federal Reserve, which plays a crucial rol...
Home Inspection Checklist for Buyers and Sellers
When it comes to buying or selling a home, the importance of a thorough home inspection cannot be overstated. This process serves as a critical step in understanding the condition of a property, ensuring that both buyers and sellers are wel...