Thinking Of Buying Your Dream Home? Do It Now!

FYI: A recent survey showed that 3 out of 4 future home buyers (who are not first time buyers) plan to move up to some form of a ‘better’ home. The breakdown:   ■Move to a significantly bigger home (49%) ■Move to a nicer home (17.5%) ■Move to a nicer part of town (8.6%) If […]

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When Will 2006 House Prices Return?

If you are waiting for 2006 values to return before selling your house, I think it will take years!   There’s a lot of optimism regarding house prices. The most recent Home Price Expectation Survey projects a 3% -3.5% increase in values for each of the next 5 years. Most parts of the country will […]

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Attention First Time Buyers

DID YOU KNOW….   That Evolve offers a loan program that allows a Down Payment Assistance Loan to be used to pay for a one time Mortgage Insurance (MI) Premium? And there is no monthly payment for this loan! If you are purchasing a home and putting less than 20% down, you will be required […]

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Buyers — The Cost of Homeownership For You

One-Time Expenses Appliances Will the appliances in the home need upgrading?  Now or in the near future?  Don’t forget to check out the water heater and HVAC. Furniture Moving from an apartment to a three-bedroom house will often mean you’ll need more furniture.  Evaluate furniture needs and costs for your new home. Remodeling Before purchasing […]

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What Is The Challenge To The Real Estate Recovery?

INVENTORY! The real estate market is in the midst of a major comeback.  Halleluhia!  Sales are greater than any time since 2007. (Doesn’t mean price appreciation..not yet!)  Consumer confidence is increasing. Economists are now saying housing is the major tailwind to our nation’s overall economic recovery. There is one major challenge that could stall the […]

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What’s Happening With Mortgage Rates?

Maybe Now Is The Time to Buy!

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Late Paying Your Mortgage?

Did You Know That…. A 30 day mortgage late payment can drop scores over 100 points and may take 3 or more years to recover from. A 90 day mortgage late payment can drop scores over 100 points and may take 7 years to recover from. Individuals purchasing real estate that will require loan approval […]

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Open Houses In Port Jefferson This Weekend

 

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Don’t Ignore The Data

Housing: Year End Reports Reveal Market Coming Back NATIONWIDE Every year-end housing report revealed that the real estate market is recovering quite nicely. Here is a quick synopsis of each:    Existing Home Sales Report Nationwide ■Total existing-home sales rose 5.9 percent in November over last month ■Sales are 14.5 percent higher than November 2011 […]

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