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Staten Island

5 Staten Island Real Estate Trends to Watch

May 15, 2019

As the real estate market continues to shift and housing prices within New York City continue to rise, the middle class appears to be at risk of being priced out of Manhattan. With that reality, many of the other boroughs are grabbing the attention of those looking to buy a home of their own.

Staten Island has consistently proven to offer families a place to own a home at an affordable price point. With that in mind, it is important to understand how the real estate market is trending in this borough.

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Staten Island

The Cycle of Real Estate: How to Know If It is Your Time to Buy

April 15, 2019

The various cycles of real estate can play a pivotal role in your decision to purchase a home. After all, the market can tend to favor one party over another, depending on whether it is a seller or buyer market, and larger economic factors can also play a role. Here is what you need to know about the real estate cycle to help you decide when is the right time to buy your home in Staten Island.

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Staten Island

Why Now Is The Time to Consider a Home Purchase in Staten Island?

March 15, 2019

With New York City's rent stabilization laws up for renewal in June, there are several factors in play. After all, rent stabilized apartments are difficult to find. They provide savings to those who are able to secure one, so it is no surprise that they hang onto their places for years. The laws that govern these apartments are now up for reform, in an effort to address the affordability issues throughout the city.

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Staten Island

Why Staten Island Is Bucking Big City Real Estate Trends?

February 14, 2019

Throughout New York, particularly New York City, the real estate market has begun to cool. Sales in the other boroughs have continued to drop throughout 2018, but Staten Island has remained a hot spot in an otherwise slowing real estate market. According to the Real Estate Board of New York's Residential Sales (REBNY), sales of homes in Staten Island increased 16% in the second quarter of 2018.

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Home Buying Trends

Home Buying Trends for the 1st Quarter of 2019

January 18, 2019

2018 was a year with plenty of highs and lows for the housing market. The beginning of the year was marked by high home prices and historically low mortgage rates. It definitely was a market that favored sellers. However, the end of the year showed signs that it was shifting with home price growth slowing and interest rates on the rise.

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fixer upper homes

Fixer Upper Homes: Are They Worth the Effort or Should You Go Turnkey?

December 17, 2018

Are you looking to enter the housing market? Do you know what sort of home you are looking to buy? Have you considered buying a fixer-upper home?

Whether you are looking to buy and refurbish a house for resale or to live in yourself, there is no denying that fixer-upper homes are all the rage. However, are they the best choice?

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Stage your home to sell fast

How to Stage Each Room of Your Home for a Home Sale

October 22, 2018

Just like with a job interview, selling your home means presenting yourself in the best light. First impressions make a significant impact on how the human mind perceives new people, places, and ideas. If you are trying to sell your home, it is important to convey a positive image of your property right off the bat.

How do you do that? House staging.

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sell your Staten Island home

What to Fix When Getting Ready to Sell Your Staten Island Home

August 29, 2018

Staten Island is a family-oriented area, close to the benefits of Manhattan but with a unique vibe all its own. Homes in this area are in high demand as families want to move out of the city yet still be close to their jobs and the adventures of the Big Apple. With demand outpacing supply, Staten Island prices continue to climb.

You might be considering selling your Staten Island home or downsizing. Here is what you should consider fixing before you sell and why.

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the pros and cons of short sale homes

The Pros and Cons of Short Sale Homes

July 31, 2018

The loss of a job, unforeseen medical or other large expenses, or divorce--these are all situations that can affect a person's income and ability to pay back a loan.

Also, housing markets fluctuate and the value of a home may drop due to circumstances beyond your control. As a result, your home may be worth less than what you owe on it.

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Staten Island real estate market trends

How Downsizing Has Affected the Staten Island Real Estate Market

June 14, 2018

When do you decide if it's time to downsize? While there might be multiple reasons, downsizing can be a practical solution to help you reach your financial goals.

However, it can also have an impact on the real estate market, especially in Staten Island.

Keep reading to learn how downsizing is impacting the Staten Island real estate market.

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home inspection tips for first-time buyers

5 Important Home Inspection Tips For First-Time Buyers

May 24, 2018

Over the past five years, first-time homebuyers made up over 60% of the sales growth in the housing market.

Purchasing your first home can be exciting and overwhelming, too. One of the ways to make sure that you are making a knowledgeable purchase is through a home inspection.

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housing market affected by the new tax code

How Does the New Tax Code Affect the Housing Market?

April 12, 2018

Anyone who pays attention to Wall Street or the housing market can see that things are looking up. Real estate is once again looking so good that it might even be a better investment than stocks.

There has been a lot of debate and speculation around how the new tax law will impact real estate. Should you expect prices to go up? Is this a good time to buy or sell?

Keep on reading to learn more.

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new build homes vs. existing homes

Existing Homes vs. New Build Homes: What You Need to Know

Mar. 30, 2018

When it comes to home buying, it's important to consider the pros and cons of each house you see.

Older homes may have character but come with more maintenance in comparison to a newer home.

Is a home that may be expensive to maintain and renovate the right one for your family?

Read on and find out.

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home closing tips

5 Brilliant Tips For a Stress-Free Home Closing

Feb. 26, 2018

Selling a house can be a long and arduous process.

Finalizing your home closing may seem comparatively easy from the rest of the journey, but only if done correctly. To make sure everything is accounted for, you must be thorough and patient.

Take things one step at a time to ensure a stress-free closing. Between the moment your deal is in escrow and the moment the keys are finally handed over, be careful not to make any costly mistakes.

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2018 Staten Island Real Estate Trends

2018 Staten Island Real Estate Trends

Jan. 15, 2018

New York real estate just had its most challenging quarter in several years. This downturn isn't great news for anyone looking to sell but if you're in the market to buy, now might be a perfect time. Real estate trends fluctuate hard and fast from quarter to quarter, so make sure you know the lay of the land before you act.

Whether you're buying, selling, or planning to sit on your investment for a while, it's to your benefit to always know what's going on in real estate. The real estate market is a barometer for the economy as a whole, given that most people's biggest asset is their home.

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open house strategies

What to Know About Preparing for an Open House

Dec 20, 2017

When you've decided to sell your home, it's understandable to be anxious. You just want it to be a smooth process so you can have the burden lifted and sell your home quickly. Not taking the time to make your home desirable, however, can make the process take longer.

One way to jumpstart your home's sale is with an open house - if it's done well, that is. For a successful one, check out our realtors' expert tips for preparing for an open house:

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appraiser as expert witness

5 Strategies to Staging a House to Sell Fast

Nov. 29, 2017

Staging a home is an effective way to make a house look as appealing as possible, so it sells quickly. It's a common practice in real estate because it gets results.

Careful staging is more important than many realize. Without it, your home could be on the market for far longer than you'd want.

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appraiser as expert witness

Why Use an Appraiser as an Expert Witness

Oct. 30, 2017

Expert witness testimony has grown to become a big part of the legal system, earning $130 million each year. They have an important part to play in court, using their expert knowledge to shed some light on complex topics. They provide the facts to assist the court to make the right decision.

When your case involves real estate, expertise is often essential. If you're arguing about the value of a property, an appraiser's testimony is invaluable. So why do you need one? Read on to find out.

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Your Guide to Home Evaluations and Appraisals

Your Guide to Home Evaluations and Appraisals

Sep 29, 2017

Prepping to sell a house takes more than cleaning the clutter and hiring a realtor.

Sellers need to undergo a home evaluation and know the value of their home before going to market. This may sound confusing, but it's actually a simple process.

Still, it helps to know the basics of evaluating your home's condition and its worth when selling for the first time.

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How the Residential Housing Market Is Helping Buyers

August 15, 2017

There's no doubt that it has been difficult for many prospective homeowners to get their foot in the door. After all, we're currently in a seller's market. This means that sellers have more leverage when it comes to negotiation due to higher house prices and increased demand.

In a report by Zillow, most experts surveyed predicted that by 2019, the housing market will shift back to a buyer's market. However, you don't need to wait until 2019 to take advantage of these changing tides.

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How the Residential Housing Market Is Helping Buyers

10 Tips for First-Time Homebuyers

July 31, 2017

Do you have your eye on new homes for sale? Buying your first home is an exciting endeavor. Nothing can replace the feeling you get from owning your own slice of the American pie.

Before you go down the real estate rabbit hole, take a minute to familiarize yourself with the process. Having a basic understanding before you begin will save you time and money. Read on to discover these top ten tips for first-time homebuyers.

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