Are you spending extra money unnecessarily on upkeep? You could be making these mistakes: Using Traditional Light Bulbs – If you still have incandescent light bulbs in your home, you could be throwing a lot of money away every month on inflated electric bills. Over its life span, an incandescent bulb can use $180 worth […]
Long Island’s fast-growing micro-transportation company, Qwik Ride, is officially launching its services in Port Jefferson Village this weekend. Qwik Ride, which chauffeurs people around in souped-up golf carts for free, announced Port Jefferson was the company’s latest place of expansion last month. They will be hitting the streets starting this Saturday and Sunday. After this weekend, they […]
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition […]
Overview Port Jefferson (also referred to Port Jeff) village lies on the North Shore of Suffolk County in the Town of Brookhaven, Long Island. The village’s official name is the Incorporated Village of Port Jefferson and it has a total population was 7,750 persons, according to the United States Census that was carried out in […]
There are particular times of the year when it is better to list a home than others. For instance, it not advisable to go on the market in the period immediately before Christmas. This is because even though you can still sell during the holidays, your pool of potential home buyers will be a lot […]
You want to make sure you maximize on your financial reward when selling your home. But how do you guarantee that you receive the max value for your house? Price it a LITTLE LOW – This may see counter intuitive, but let’s look at this for a moment. A lot of homeowners think that pricing […]
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! Remember 12% and 14%??? The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing […]
Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018. However, there is one thing that may cause the industry to a halt: a lack of housing inventory. While buyer demand […]
Long Island home prices continued to rise in October! The median price of pending home sales in Suffolk County was $357,000 last month, an 8.2 percent increase from the $330,000 median price of a year ago, according to the latest market report from the Multiple Listing Service of Long Island. In Nassau County, the median […]
Revisit the Price – If your home hasn’t sold, it could be the price….If your home is on the market and you’re not receiving any offers, look at your price! Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. The housing market is […]
