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 →
If real estate were a three-ring circus – and let's face it, most of the time it is – short sales would be the main attraction. And what is a short sale? That is a question that I get asked often by buyers who see the bold “SHORT SALE” words in all caps in the... Continue Reading →
If you are living outside the metro area or lower Hudson valley of New York State, feel free to move on from this article, this does not likely apply to you. So you are preapproved, have been home shopping until you’re blue in the face, are tired, weary, and ready to throw in the towel. ... Continue Reading →
Ok, I get it. You bank at Bank of America, have about 3 accounts there and would like to get your mortgage there too. Maybe you have your whole life savings there, and as a loyal customer they are going to offer you a special rate. Maybe you don’t bank there, but they have a... Continue Reading →
Lets get right down to business. The first step of the home buying process: identifying the property you want to make an offer on, right? WRONG. The first step is GETTING PREAPPROVED. Why get preapproved before you shop? Well, there is the logical reason of needing to sort of know what you can afford before... Continue Reading →
The Real Estate Diva 