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From the Desk of Gary: In 2013 Key Factors Effecting Real Estate- Diminished Inventory and Strong Buyer Demand
Gary Leogrande
2012 ended as local real estate activity was increasing, due in part to diminished inventory of properties for sale. Speaking with clients, I found some sellers are holding off and others are pricing the properties right and selling. Buyer demand is up, driven by low interest rates. Some experts believe that we are near the bottom of the cycle, prices will stabilize and people who want to sell should start the process now. Westchester, a metro area, is always going to have a competitive base price for property, keeping prices from completely bottoming out. I believe that this year will be looked back on as “a good time to buy”. The two factors that will be key for 2013 will be diminished inventory and a strong buyer demand..... Read More |
5 Signs that Now is a Good Time to Buy
 Homes are spending less time on the market. A year ago, the median time it took a house to sell was 96 days. Now the median time has been shortened to just 71 days. A shortage of inventory, an increase in demand, and those ever-favorable mortgage rates are turning the market around.
Homebuilder optimism is up. The National Association of Home Builders/Wells Fargo Housing Market Index measures the optimism of builders... Read More |
Home Decor Trends for 2013
 Despite its negative reputation, the number 13 doesn't always have to be unlucky. Take these top decor trends for 2013 from design experts, manufacturers and trend forecasters across the country. They're fresh, fun and sure to bring good fortune to any home.
Color: Emerald Green for 2013
Industry leader Pantone's annual fashion color report sets the tone for home decor as well as clothing, and the spring 2013 report is no exception. Its softer... Read More |
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Should You Pay Mortgage Points?
 If you apply for a mortgage loan today chances are that the lender or broker will propose that you pay a discount point or two to get a better deal. But what does that mean exactly and will it really be beneficial to you? It depends on your unique situation.
What Are Mortgage Points?
Before you agree to pay a point or more to your mortgage lender, make sure that you fully understand what that means. A point is equal to one percent of the loan principal. So if you plan to take a loan for $120,000 a point is $1,200. The point is sort of a prepayment on a loan to avoid paying a certain amount of interest in the future. Each point shaves approximately a quarter percent off of... Read More |
Nontoxic Relief for
Moldy Homes
 Molds bloom in a variety of colors: red, green, blue, gray, white, and the dreaded black. Some molds are toxic and can cause respiratory problems, sinus infections, and other health issues. No matter what color mold is wearing, it looks creepy, ruins some materials, and emits an off-putting odor. In short, mold makes a bad roommate. Here's how to kick it out, without creating equally bad air quality issues in your home from cleaning chemicals.
Moisture + mold spores + time
= mold infestation.
You can't block mold spores from entering your home, but you can control its growth by keeping your home dry. Inspect your home... Read More |
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, 120 Bloomingdale Road, Ste 101
, White Plains NY 10605
The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice. If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
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