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Jolie Powell

cips, e-pro, sres, cbr, trc

Jolie Powell Realty

406 Main Street
Port Jefferson, NY 11777

Mobile: 631-774-2528
Fax: 631-473-7959
Office: 631-473-0420
Jolie@JPRealtor.com

How Current Interest Rates Can Have a High Impact on Your Purchasing Power

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 […]

May 22nd, 2018 by
Topics: Buyer's Purchasing Power, Finance, Interest Rates, Local News & Events, Real Estate Market Conditions

Thoughts of Tight Inventory on The Real Estate Market

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 […]

Jan 11th, 2018 by
Topics: Uncategorized