As I've mentioned, the market is HOT, HOT, HOT...for sellers. For buyers, it's terrible, to be honest. We are indeed in the midst of a housing shortage. Here are the July stats: New listings were up +45% for the month of July versus last July, however month's supply of inventory was down -21.2% and homes... Continue Reading →
Home Shopping in the Age of COVID
Recent studies have shown that buyer sentiment is relatively low, and yet searches on google related to the home buying process are soaring. What is going on? As of end of July, we saw bidding wars abound and a plethora of price INCREASES, the likes of which I'd never seen in my entire career. Inventory... Continue Reading →
Presenting 51 Galloway Lane, Valhalla, NY
In this period of social distancing amid a global pandemic, it stands to reason that real estate, among other businesses cannot proceed as usual. Showings are increasingly of the virtual nature. In the spirit of this new age of real estate, I am pleased to present a spectacular, unique home that I had the privilege... Continue Reading →
Think Your Property Taxes Will Go Up? Here’s What You Need to Know
This week we will be exploring the intricate and ever evolving multi-verse of property taxation. I have included a brief 12 minute video tutorial, in which I will walk you through the process of calculating property taxes for yourself, the method used to do it, and the websites needed to access the data. I will also show you how to translate that oft confusing assessment into the full market value per the town.
How to Calculate Seller Net Proceeds
The biggest question sellers will have is how much they will net in their sale after all fees are paid out. So let's get right down to it and break down seller closing costs.