expert adviser: Current Housing Market Favors Homeownership - 06/14/16 01:45 AM

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 territory." The BH&J Index is a quarterly report that attempts to answer the question:
Is it better to rent or buy a home in today's housing market?"The U.S. housing market, when considered as a whole, has swung marginally more in favor of home ownership over renting a comparable property and investing monthly rent savings … (0 comments)

expert adviser: The Experts Show Episode 2: 3 Steps to Take for New Agents - 06/13/16 04:24 AM

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 follow us at nyexpertcloser


expert adviser: A Housing Market Meltdown Possibly? Some Experts Disagree... - 06/02/16 06:20 AM

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 levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007."
Jonathan Smoke, Chief Economist at"We had a triple crown of April home sales reports, so 2016 is in … (0 comments)

expert adviser: Staying Positive - 05/23/16 06:18 AM

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 Speilberg snuck his way into success after being rejected by the University of Southern California School of Cinematic Arts multiple times. Vera Wang failed to make the 1968 US Olympic figure-skating team. Then she became an editor at Vogue, but was passed over for the editor-in-chief position.Just as the opening quote states, “Life isn’t … (1 comments)

expert adviser: Why You Need A Real Estate Professional When Selling Your House - 03/16/16 02:17 AM

Every homeowner hopes to accomplish five goals when selling their home:
1.    Sell it for the best price
2.    Sell it within a predetermined time
3.    Sell it with the least amount of hassles
4.    Close on the sale the same day they move into their new home
The fifth reason is the most obvious and the most important:
5.    They want to make sure it sells.
In order to dramatically increase the chances that the house sells, a homeowner should list with a real estate professional in their market. Why? Because agents have access to the vast majority of the available buyers!! According to the National Association of … (0 comments)

expert adviser: Appraisals...One Of The Reasons Why You Need A Professional! - 02/03/16 12:51 AM

First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal values as we head into 2016.
“The fourth quarter RESI found that title agents continue to believe that property valuation issues will be the most likely cause of title order cancellation over the coming year.” 
This shouldn’t come as a surprise. In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market … (0 comments)

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Rummy Dhanoa

Rummy Dhanoa

Bronx, NY

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