Brooklyn Market Update

December 4, 2018

With Thanksgiving just around the corner, the holiday season is officially here. Decorations are being sprung up everywhere and the whole city is preparing themselves for the world famous Macy’s Thanksgiving Day Parade. This time of year is all about friends, family, and being thankful for all you have, and what better way is there […]

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3 Things You Need To Know About Divorce And Homeownership

December 4, 2018

Divorce can be an incredibly emotional and financially stressful time. Questions about what happens to assets and the family home add to the anxiety. Each state has divorce laws that differ and that can complicates decision-making.

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What’s Ahead For Mortgage Rates This Week – December 3rd, 2018

December 3, 2018

Last week’s economic news included readings from Case-Shiller Home Price Indices, sales of new homes and pending home sales. FHFA increased maximum loan limits permitted for mortgages held or guaranteed by Fannie Mae and Freddie Mac. Weekly readings for mortgage rates and first-time jobless claims were also released.

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Home Buying Power Remains In Motion Depsite Rising Mortgage Rates

November 30, 2018

The real estate market does not occupy a space outside the laws of physics. As Sir Isaac Newton so aptly theorized, “for every action, there is an equal and opposite reaction.” When applying the English physicist’s Third Law to today’s rising mortgage rates, anticipating the reaction can be valuable information if you are planning to buy or sell a home or commercial property.

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NAHB Reports Lowest Builder Confidence Reading Since 2014

November 29, 2018

Obstacles facing home builders have caught up with high builder confidence according to the National Association of Home Builders Housing Market Index for November. Builder confidence dropped eight points to an index reading of 60, which was the largest month-to-month drop in builder confidence since 2014. November’s decline in builder confidence was greater than the largest month-to-month decline during the housing crisis.

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Mortgage Challenges For Self-Employed Home Buyers

November 28, 2018

It’s no secret that mortgage lending institutions look favorably on steady paychecks and positive debt-to-income ratios. That can leave many self-employed prospective home buyers feeling anxious about getting approved for a mortgage. But just like the 9-to-5ers who get regular paychecks, self-employed people earning a good living can get approved with a little due diligence.

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Buy Or Build Your Home? 5 Factors To Consider

November 27, 2018

A home is one of the biggest investments you can make, and the American Dream for many. Most people spend significant time finding or designing their “dream home.” The first decision is whether to buy or build.

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What’s Ahead For Mortgage Rates This Week – November 26th, 2018

November 26, 2018

Last week’s economic readings included readings from the National Association of Home Builders Housing Market Index, National Association of Realtors(R) report on sales of pre-owned homes and Commerce Department readings on housing starts and building permits issued. Weekly reports on mortgage rates and first-time jobless claims were also released.

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Guide to Quartz, Granite and Laminate Countertops

November 23, 2018

It can be confusing choosing the right countertop material for your kitchen. Here is a list of some common countertop materials along with their pros and cons. Knowing the differences will help you choose the right material to serve your needs.

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3 Critical Tips for Buying a Home in a Short Sale

November 21, 2018

You just found your perfect home, and you feel like everything is right including the price. But, what could be wrong with your ideal home? Maybe, it is being sold as a short sale, and that could present a major challenge if you want to become be the eventual homeowner.

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