• How to Become a Jedi Master in the Search For Your Dream Home How to Become a Jedi Master in the Search For Your Dream Home

    0 comments / Posted on by Steven Rivera

    How to Become a Jedi Master in the Search For Your Dream Home

    Be Prepared to Act Quickly

    Today’s market is a seller’s market. Inventory is low and we are seeing bidding wars, where the seller ends up selling for a higher price than the initial listing price. Following a few rules of thumb for this competitive market will help you to become a Jedi Master in the search for your dream home. It is advised that agents and homebuyers should be available as quickly as possible, so they can act quickly.  Buyers should be prepared to lose a few before they purchase the home they truly want.

    Be Logical in your approach

    Too often, first-time homebuyers are emotional and become attached to a less than desirable property. Spending the time to research the local market trends without reacting too quickly will surely help you to become savvy in the market and in turn actually become a Jedi Master in the search for your dream home. Purchasing a property should never be a rushed process. First time homebuyers should diligently research and utilize the advice from real estate professionals which can set the foundation for future real estate investments.

    Communicate Clearly with your Agent

    Tell your Realtor exactly what you are looking for, in the neighborhood you are looking in, so they can best help you find your dream home. The more specific you can be, the more your Realtor can be helpful. Remember, when they’re working for you in the market talking to other Realtors, they need to filter their search and...

    Be Prepared to Act Quickly

    Today’s market is a seller’s market. Inventory is low and we are seeing bidding wars, where the seller ends up selling for a higher price than the initial listing price. Following a few rules of thumb for this competitive market will help you to become a Jedi Master in the search for your dream home. It is advised that agents and homebuyers should be available as quickly as possible, so they can act quickly.  Buyers should be prepared to lose a few before they purchase the home they truly want.

    Be Logical in your approach

    Too often, first-time homebuyers are emotional and become attached to a less than desirable property. Spending the time to research the local market trends without reacting too quickly will surely help you to become savvy in the market and in turn actually become a Jedi Master in the search for your dream home. Purchasing a property should never be a rushed process. First time homebuyers should diligently research and utilize the advice from real estate professionals which can set the foundation for future real estate investments.

    Communicate Clearly with your Agent

    Tell your Realtor exactly what you are looking for, in the neighborhood you are looking in, so they can best help you find your dream home. The more specific you can be, the more your Realtor can be helpful. Remember, when they’re working for you in the market talking to other Realtors, they need to filter their search and...

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  • Living in New York City Living in New York City

    0 comments / Posted on by Steven Rivera

    Living in New York City

    There are pros and cons to every decision in life, and choosing a place to live is no different. No matter where you live, there’s likely to be some sort of compromise to be made, whether it’s the tradeoff of a smaller apartment for a better location, or dealing with cold winters in a city you love. If you’re thinking about living in New York City (or if you currently live there are you’re considering moving away), here are some of the pros and cons to consider before making your decision.

    Living in NYC affords incomparable access to culture. From the lights of Broadway to the Museum of Natural History, the city has hundreds of world-renowned cultural institutions.

    New York is THE place to be for unlimited career opportunities. The busting industries range from media to medicine, architecture to advertising, construction to corporate law. Some of the biggest companies in the world are headquartered in New York and they look to attract top talent.

    Diversity, diversity, diversity….. If you like living among people from all walks of life or you simply love the culture that diversity cultivates, New York is the place for you. According to Census Bureau data, the population of the city overall is 33% white, 28% hispanic or latino, 25% African American, and 12% Asian, and 37 % of the population if foreign-born. There is also a thriving LGBTQ community, 49% of people speak a language outside of English at home, and the city is 52% women.

    I...

    There are pros and cons to every decision in life, and choosing a place to live is no different. No matter where you live, there’s likely to be some sort of compromise to be made, whether it’s the tradeoff of a smaller apartment for a better location, or dealing with cold winters in a city you love. If you’re thinking about living in New York City (or if you currently live there are you’re considering moving away), here are some of the pros and cons to consider before making your decision.

    Living in NYC affords incomparable access to culture. From the lights of Broadway to the Museum of Natural History, the city has hundreds of world-renowned cultural institutions.

    New York is THE place to be for unlimited career opportunities. The busting industries range from media to medicine, architecture to advertising, construction to corporate law. Some of the biggest companies in the world are headquartered in New York and they look to attract top talent.

    Diversity, diversity, diversity….. If you like living among people from all walks of life or you simply love the culture that diversity cultivates, New York is the place for you. According to Census Bureau data, the population of the city overall is 33% white, 28% hispanic or latino, 25% African American, and 12% Asian, and 37 % of the population if foreign-born. There is also a thriving LGBTQ community, 49% of people speak a language outside of English at home, and the city is 52% women.

    I...

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  • Why You Need to Prioritize Buying a Home Now Why You Need to Prioritize Buying a Home Now

    1 comment / Posted on by Steven Rivera

    Why You Need to Prioritize Buying a Home Now

    Homeownership can be considered one of the key life achievements in one’s life. In our society, buying a home symbolizes that a person has achieved a certain economic status. Given the social and economic benefits often attributed to homeownership, positive impact towards one’s personal life and residential satisfaction is expected.

    However, housing inventory has not been the same as it was five years ago when there were more homes for sale and the prices were much lower than today. If you are considering buying a new home today, the following reasons might convince you why you may not want to put off that aspiration of yours to become a new homeowner.

     

    1. Lack of Inventory

    According to the Redfin Data center, (https://www.redfin.com/blog/data-center), based on the latest available data and zooming in on Suffolk County NY, home inventory or homes for sale in the month of April 2018 is at 5,388 has reduced by 18.7% from a year ago (6,624 home inventory in April 2017) and looking back one more year, it has reduced by 26.8% (7,964 home inventory in April 2016). Buying a home is, therefore, made all the more difficult when there are less homes to buy in your price range.

    It’s a sad truth, but a reality nonetheless: inventory is probably going to get worse before it gets better. That said, if you are considering buying a home, the sooner you can do so, the better. As days pass by, inventory will...

    Homeownership can be considered one of the key life achievements in one’s life. In our society, buying a home symbolizes that a person has achieved a certain economic status. Given the social and economic benefits often attributed to homeownership, positive impact towards one’s personal life and residential satisfaction is expected.

    However, housing inventory has not been the same as it was five years ago when there were more homes for sale and the prices were much lower than today. If you are considering buying a new home today, the following reasons might convince you why you may not want to put off that aspiration of yours to become a new homeowner.

     

    1. Lack of Inventory

    According to the Redfin Data center, (https://www.redfin.com/blog/data-center), based on the latest available data and zooming in on Suffolk County NY, home inventory or homes for sale in the month of April 2018 is at 5,388 has reduced by 18.7% from a year ago (6,624 home inventory in April 2017) and looking back one more year, it has reduced by 26.8% (7,964 home inventory in April 2016). Buying a home is, therefore, made all the more difficult when there are less homes to buy in your price range.

    It’s a sad truth, but a reality nonetheless: inventory is probably going to get worse before it gets better. That said, if you are considering buying a home, the sooner you can do so, the better. As days pass by, inventory will...

    Read more

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