Did You Know that 13,918 Houses Sold Yesterday?!

  There are many naysayers declaring that the housing market is still challenged. Young adults are burdened with too much student debt. Interest rate increases are killing demand. Homeownership is no longer seen as part of the American Dream. We just want to let these naysayers know three things: 13,918 houses sold yesterday, 13,918 will […]

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If You Are Selling, Don’t Overprice!

Yes, the housing market is coming back nicely! What could slow down the current momentum?  I believe it may be sellers’ over exuberance when it comes to pricing.  With both the inventory of homes for sale and interest rates increasing, we have to be careful t not to over judge what the market can bare. […]

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Newly Listed Port Jefferson Condo $299,990

With Quality, We Continue To Grow! Meet Regina Median, now at Jolie Powell Realty, during our first Open House at 247 Windward Dr / Highlands Condo / Port Jefferson Sunday, July 14th from 1:00PM-2:00PM Contact Regina to discuss this property and other options in the Port Jefferson vicinity today! regina@jprealtor.com

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The Cost of Buying A House If You Waited

We often talk about the potential cost of waiting to buy a home. Today, I want to look at the actual cost for someone who waited over the last year. A 10% increase in house values was used as prices have gone up by double digits in the country (nationally) on average.  Keep in mind real estate is […]

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Where Are Mortgage Rates Headed?

Today’s $20,000 question is… Where are mortgage rates headed in the near future? Most believe the rapid rise in rates experienced over the last month will not be sustained and that they will level off into a range between 4% and 5%. When recently asked, Zillow’s director of Mortgage Marketplace, Erin Lantz suggested: “It is […]

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