With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of work during the […]
While some have voiced the view that the negative economic effects caused by the worldwide COVID-19 pandemic will bring about a recession in the U.S., it’s important to understand that any such recession will not be a simple replay of the Great Recession of 2008, especially in respect to its impact on home prices. While […]
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload […]
The economy. Millennials. Housing inventory. Mortgage rates. Bidding wars. Climate change. Recession. There is plenty on the horizon for the housing market in the first year of the new decade—including lots of good news for buyers and sellers. Thinking of buying or selling in the next year or two? Team Rita is here with our […]
The holidays are a time for jam-packing our busy schedules, stocking up on gifts, and bundling up beneath our overcoats, hats, gloves, and scarves. However, the most wonderful time of year for family, festivities, and frigid-weather fun is also considered one of the worst times of year to put a house on the market. Despite […]
You don’t have to be a first-time home buyer to host your first Thanksgiving. (Actually, you could own a home for a decade or more before you muster the courage to tackle the notorious and intimidating undertaking known formally as Thanksgiving dinner.) New to the game but up for the challenge? Follow our homeowner’s guide […]
Sellers on Long Island and across the country are no strangers to the plodding residential real estate market. However, before you count the market down and out, consider four recent reports showing signs that home sales are on the verge of a rebound. 1. Existing-home sales (closed sales) are up, marking two consecutive months of […]
Home buyers experience similar thoughts and feelings upon discovering the right home. It’s a rare combination of gut instinct (without the pressure of a pushy real estate agent) and enough good signs to jump on the deal before another eager buyer snatches it up. The right home can feel so right you hardly need to […]
So, you’re in the market for a new home—but the listings in your price range put you at a crossroads. Taking the first road means overspending on your budget to get what you want. Taking the second road means purchasing a budget-friendly home that needs a little TLC. The road to remodels and renovations isn’t […]
Fix and flip home projects look simple on TV. (Chip and Joanna Gaines from HGTV’s hit show Fixer Upper appear to transform rundown shacks into modern masterpieces in just under an hour). However, if it was easy then everyone would do it—and we would all be rich. The hard truth is that flipping houses is […]
