EXIT Realty Premier Blog
Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.
The graph below shows the results of the survey since Gallup began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now:
If you’re thinking about purchas...
Cash-out refinance has regained popularity.
As home prices appreciate, homeowners have access to increasing equity, and many are putting it to good use.
- Mortgage lenders usually allow cash out up to 80 percent of the property value for conventional and FHA loans. B VA allows 90-100 percent
- Cash-out refinances are usually subject to higher underwriting standards, because they are riskier to lenders
- Cash-out refinances usually carry higher interest rates or fees
Si bien gran parte del país e incluso partes de Nueva York se han convertido en un mercado de compradores, el mercado de Long Island, especialmente el Massapequas y sus alrededores, siguen siendo mercados de vendedores. De hecho, los precios del mercado están en niveles récord. El precio medio de las viviendas de mercado medio a alto en Nassau y Suffolk ha aumentado más del 7,5% en el último año. El Servicio de Listado Múltiple de Long Island considera que los precios han subido un promedio de...
Mortgage rates tick up and down every day. But why? Who sets mortgage rates? And how can you get a lower mortgage rate? It's all explained here!
Visit the link below for the full article.
https://themortgagereports.com/58710/the-truth-about-how-mortgage-rates-are-made-video
Thinking of buying a Long Island home? Reach out for a free consultation with a Premier agent. (516) 795-1000
Exit Realty Premier: Your Massapequa and Long Island Real Estate Partner
This week's featured property. An exquisite expanded ranch on estate-like property in prestigious Bar Harbour, Massapequa Park! 6Bd 3Bth - $979,000
DM here now or call (516) 643-3117 for details.
Thinking of selling your Long Island home? Reach out for a free home valuation and consultation with a Premier agent. (516) 795-1000
Exit Realty Premier: Your Massapequa and Long Island Real Estate Partner
