Rummy Dhanoa's (m1ll1ons) Blog

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Real Estate Broker/Owner - New York Real Estate Experts
RECENT BLOG POSTS
Yesterday, we reported that according to CoreLogic's latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative equity have decreased by 21.5% year-over-year. A study by Fannie Mae suggests that many hom...
06/24/2016
According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that "16 of the 23 metropolitan markets investigated moved in the direction of buy territ...
06/14/2016
 Here is the 2nd Episode of the New York Real Estate Experts Show! In this Episode we talk about how agents and realtors should start and do their business. It is actually easier than you thought! ?#‎nyreex??#‎expertsshow? ?#‎expertadvisor? ?#‎realtor? ?#‎realestate?tweet your questions and follo...
06/13/2016
We want to let you know that "rumors of a new market meltdown" are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market. Lawrence Yun, Chief Economist at NAR:"In spite of deficient supply leve...
06/02/2016
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Abraham Lincoln failed in business, had a nervous breakdown, and was defeated in eight elections. Steve Jobs was fired from his own company. Oprah Winfrey was publicly fired from her first television job as an anchor in Baltimore for getting "too emotionally invested in her stories." Steven Spei...
05/23/2016
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let's look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller's market....
05/17/2016
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Our brains work on a trigger and reward basis—the so-called “habit loop”—which means it is easy to slip into a routine and difficult to fight back when the undesired behavior occurs.Of course, life moves so much smoother when we are able to do certain things on auto-pilot, however, that has defi...
05/16/2016
A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today's housing market. The study pointed out two major misconceptions that we want to address today.1. Down PaymentThe survey revealed that consumer...
05/02/2016
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 5% less expensive in...
04/19/2016
 Last week, the inaugural "Homebuyer Insights Report" was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership. Consumer Lending Executive, D. Steve Boland, explained:"Homebuyers today are motivated by b...
04/13/2016
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