EXIT Realty Premier Blog

Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Some Highlights

When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your home’s condition. Don’t pick just any price for your house. If you’re ready to sell, let’s connect to find th...

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

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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

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