As frustration mounts across America due to the limited availability of homes, various significant factors have surfaced as culprits contributing to the tight grip on housing inventory. The Challenge of Rising Mortgage Rates and Home Prices According to the real estate giant Redfin, last year was the least affordable year for home-buying on record. As […]
Key Take-Aways: According to data from the Global MLS, the marketplace for NY Capital District residential properties, here are the latest stats: -The Number of SOLD listings decreased by 4% to 585 properties with a top sale of $2.5 million at 75 Arrowhead Rd in Saratoga Springs. -The Average Sales Price increased 5%, to $362,125. –Average Price Per Square Foot decreased 2% […]
Introduction: The year 2023 has been a whirlwind for mortgage rates, defying earlier expectations and keeping homeowners, buyers, and experts on their toes. Let’s explore the current state of mortgage rates, forecasts for the future, insights from industry experts, and the impact on the housing market. Plus, we’ll provide guidance for homebuyers, sellers, and those […]
Key Take-Aways: According to data from the Global MLS, the marketplace for NY Capital District residential properties, here are the latest stats: -The Number of SOLD listings decreased by 19% to 1,995 properties with a top sale of $7.137 million at 637 North Broadway, AKA the “Pallazzo Riggi” in Saratoga Springs. -The Average Sales Price increased 8%, to $354,158. –Average […]
Key Take-Aways: According to data from the Global MLS, the marketplace for NY Capital District residential properties, here are the latest stats: -The Number of SOLD listings increased by 28% to 765 closed properties with a top sale of $1.9 million at 36 Hyde St in Saratoga Springs. -The Average Sales Price remained flat, ending at $365,625. –Average Price Per […]
The home inspection phase is pivotal when buying a property. Unfortunately, it often triggers unease among realtors, sellers, and potential purchasers. It’s a misconception to view home inspections as a deal killer; instead, they serve to highlight underlying issues with the property in question, which can result in lost deals if they are not handled […]
I enjoyed working with Kim on selling her home and purchasing her condo. This was challenging because of historically low inventory levels. To solve it, I had to locate an off-market property for her to get the deal done. I will do whatever it takes to help my clients win! It was a happy ending, […]