Market Update on the Brooklyn, NY Area

October 3, 2019

Keeping track of what the local housing market is doing can be helpful when you are thinking about buying or selling a home. Speaking to a seasoned Brooklyn mortgage lender like myself can help give you the insights you need to make the best decision for you. Let’s take a look a what the Brooklyn […]

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More Home Loan Options Now Available For Borrowers With Bad Credit

October 3, 2019

For a long time after the real estate housing crisis in 2008, buyers with a poor credit history had a difficult time finding mortgage financing. It was a problem that trapped those seeking to buy a home because so many lost their homes from the inability to pay their mortgages.

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How To Create A Home-Buying Partnership

October 2, 2019

Many want to have a home, yet find it difficult to afford one by themselves. Some people are forming home-buying partnerships to buy a home and live in it together. Here are some considerations for those interested in forming a home-buying partnership.

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4 Cool Green Material Ideas For Your New Home

October 1, 2019

If climate change is foremost in your mind, you may be interested in reducing your new home’s carbon footprint. Choosing green materials is one way to promote sustainability and ensure you’re doing your part to help the planet.

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What’s Ahead For Mortgage Rates This Week – September 30th, 2019

September 30, 2019

Last week’s economic reports included readings from Case-Shiller on home prices along with data on new and pending home sales. Weekly readings on mortgage rates and initial jobless claims were also released.

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Is It Possible To Have A Hurricane-Proof Home?

September 27, 2019

The recent total devastation of the Bahamas by hurricane Dorian reinforced the need for hurricane-proof homes in areas that are subject to this risk. Building codes have not kept up with the increasing severity of the weather.

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Case-Shiller: July Home Price Growth Hits Lowest Pace in 12 Years

September 26, 2019

Case-Shiller’s National Home Price Index reported U.S. home prices grew by 3.20 percent year-over-year in July; as compared to year-over-year home price growth 0f 3.00 percent posted in June. Cities with the highest rates of year-over-year home price growth were Phoenix, Arizona with 5.80 percent year-over-year home price growth. Las Vegas, Nevada had 4.70 percent year-over-year home price appreciation and Charlotte, North Caroline bumped Tampa, Florida from the top three cities with home price appreciation of 4.60 percent. Tampa, Florida posted 4.50 percent year-over-year home price growth in July.

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4 Reasons to Take Your Own Car When Viewing Homes

September 25, 2019

When you’re in the market for a new home to buy, your real estate agent will likely invite you to ride along with them to view homes. This is a convenient courtesy, but you may want to reconsider. Your other option is to follow the real estate agent in your own car instead.

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Expanding Opportunities For Home-Buying In ‘Opportunity Zones’

September 24, 2019

Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act to encourage investors with capital gains on other investments to invest that money in low-income and undercapitalized communities. They get a reward of deferring capital gains tax. They avoid a portion of it altogether if they keep the investment for five years or longer.

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What’s Ahead For Mortgage Rates This Week – September 23rd, 2019

September 23, 2019

Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, Commerce Department reports on Housing starts and building permits issued and the National Association of Realtors(R) report on sales of previously owned homes.

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