Best Beach Towns for Retirees

Emily Brandon, senior retirement editor with US News and World Report, said, “While some people dream of retirement in a remote beach town, retirees often need access to services such as medical care and transportation. Many retirees also need to work at least part-time to supplement their retirement income.” That said, US News and World […]

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Home Sales Slow on Long Island While Prices and Inventory Rise

Marking the first retreat of the year after four months of gains, pending home sales across Long Island slowed in May 2019, according to the Long Island Business News.  Homes contracted for sale in both Nassau and Suffolk Counties dropped -3.5%. Suffolk County, seeing a median sale price rise to its highest level in a […]

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What Do Home Buyers Want?

The National Association of Home Builders (NAHB) just released its 2019 edition of its “What Home Buyers Really Want” Report. Guess what the number one thing buyers really want…91% want a dedicated laundry room. The NAHB asked consumers what they wanted based on a four-tier scale… Essential/Must Have or… won’t buy it without it Desirable […]

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Down Payment Assistance Programs Are Back – Big Time

According to the Wall Street Journal, the use of down payment assistance programs, also known as DPAs, doubled from 2013 to 2016. Ten per cent rather than five per cent of homebuyers are using one of more than 2,500 DPAs avaiable. And, even more so, FHA data tells us that 13% of FHA borrowers in […]

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Podcast: Prospecting – The Critical Skill Required for Your Success (Part 2)

Are one of those agents who loves prospecting? Probably not – but you don’t have to love it to excel at it! Prospecting is a crucial part of your success in real estate, and no matter how much you spend on buying leads or how many folks walk into your office, your mastery of fundamental […]

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Flipping Trend Weakens as High Interest Lenders Jump 40%

Following up with  last week’s post on home flipping with data sourced from Attom Data Solutions, we’re looking at how private lending is impacting the house flipping business. According to the for-profit group American Association of Private Lenders, it’s estimated that a number of “hard money lenders,” lenders other than banks such as Goldman Sachs and […]

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Smaller Utility Bills Come with These Improvements

Do you and/or your clients want to have smaller utility bills? First thing, according to a recent article in CNBC, do a home energy assessment to actually know what is and what is not working most efficiently in your house. A home energy assessment costs approximately $100 but such an assessment could save you some […]

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Podcast: Prospecting 101: The Critical Skill Required for Your Success!

The dreaded “P” word.  Every agent cringes when they hear it.  They will even try to dress it up and call it “lead generation” instead, but its still the same animal.  It’s prospecting and its critical to your success!  Once you make the commitment to understand, implement and perfect your prospecting abilities, you’ll finally start […]

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Housing Starts and Completions Down in May

The US Departments of Housing and Urban Development, Commerce and Census Bureau all indicated that both housing starts and completions declined in May 2019. Housing starts on a month-to-month basis fell -0.9% in May and on a year-over-year basis, housing starts decreased -4.7%. Robert Frick, an economist with the Navy Federal Credit Union, said, “Housing […]

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