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Monthly Archives: July 2021

    Local Artist Making Her Mark on the World (Annete Back Interview) SMPTV

    By Steven Padernacht | July 31, 2021

    Annete Back is a local artist who has been making her mark on the world. She talks about how she found a way to bring creativity into her life and make it her full time job. Located here in the Riverdale Section of the bronx, New york, she juglles being a full time mother, wife... Read More

    Waiting To Buy a Home Could Cost You [INFOGRAPHIC]

    By Steven Padernacht | July 30, 2021

    Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price point.... Read More

    Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

    By Steven Padernacht | July 29, 2021

    Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through 2019…The share of VA-guaranteed loans has also decreased... Read More

    4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

    By Steven Padernacht | July 28, 2021

    With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households... Read More

    A Look at Housing Supply and What It Means for Sellers

    By Steven Padernacht | July 27, 2021

    One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers.... Read More

    3 Hot Topics in the Housing Market Right Now

    By Steven Padernacht | July 26, 2021

    If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and Innovation The past year... Read More

    Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]

    By Steven Padernacht | July 23, 2021

    Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up. Terms... Read More

    Growth and Mindset Moving Forward

    By Steven Padernacht | July 23, 2021

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    Today’s Real Estate Market Explained Through 4 Key Trends

    By Steven Padernacht | July 22, 2021

    As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage... Read More

    Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

    By Steven Padernacht | July 21, 2021

    Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working from Home Isn’t a Passing Fad Before the... Read More