Octobre Realty

Real Estate Insight There's Still Time To Take Advantage of Historically Low Mortgage Rates Today's mortgage rates are still incredibly low compared to the historical norm. Let's connect so you can strike while the iron is hot.... Louis-Octobrerealty.Weichert.com

Real Estate Insight Owning a home is one of the most valuable steps to growing your net worth and achieving financial success. That’s why year after year, homeownership is rated the #1 preferred investment of Americans. If buying a home is a dream for you, DM me so we can talk about the opportunity in today’s market to make that dream a reality. Louis-Octobrerealty.Weichert.com

I have a new listing with 1 Bedrooms, 1 Bathrooms in Valley Cottage, NY.

Real Estate Insight Dreaming of a Bigger Home? Why Not Buy It This Year? Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. With so few homes available for sale and high demand from today’s homebuyers, sellers are profiting in major ways this season. Bidding wars are gaining traction, driving up the sale price of more and more homes throughout the country. This means sellers are able to leverage extra cash from high...er-priced sales while also taking advantage of today’s low mortgage rates when they purchase their next home. It’s the perfect scenario to move up into a true dream home. According to the April Luxury Market Report from the Institute for Luxury Home Marketing, The Institute’s recent analysis of sales in 2020 for homes over 5,000 square feet support the continuing preference for larger homes. The analysis determined that there was a 17... Louis-Octobrerealty.Weichert.com

Don't know where to start with upgrading to #smarthome technology? Maybe consider a doorbell camera. #cooltech

Brick and wood form a traditional alliance in this part of the home. #homestyle #interiors

Real Estate Insight Sellers Are Ready To Enter the Housing Market One of the biggest questions in real estate today is, When will sellers return to the housing market? An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.... The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, indicates, Consumer positivity regarding home-selling conditions nearly matched its all-time high. Fannie Mae isn’t the only expert group noticing a rise in the percentage of people thinking about selling. George Ratiu, Senior Economist at... Louis-Octobrerealty.Weichert.com

Real Estate Insight Don’t Forget to Budget for Closing Costs When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important.... According to Trulia, When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home, and can include title insurance, origination fees, underwriting fees, document preparation fees, and more. For example, for someone buying a $300,000 home, they could potentially have between $6,000 and $15,000 in closing fees. If you’re in the market for a home above this price range, your closing costs could be greater. As mentioned, closing costs are typically between 2% and 5% of your purchase price. Trulia gives more great advice, explaining... Louis-Octobrerealty.Weichert.com

Real Estate Insight Americans See Real Estate as a Better Investment Than Stocks or Gold In an article on the current real estate market, Gallup reports, Gallup usually finds that Americans regard real estate as the best long-term investment among several options -- seeing it as superior to stocks, gold, savings accounts and bonds. This year, 41% choose real estate as the best investment, up from 35% a year ago, with stocks a distant second. The article goes on to say, The... 41% choosing real estate is the highest selecting any of the five investment options in the 11 years Gallup has asked this question. Some question American confidence in real estate as a good long-term investment right now. They fear that the build-up in home values may be mirroring what happened right before the housing crash a little more than a decade ago. However, according to Merrill Lynch, J.P. Morgan, Morgan Stanley, and Goldman Sachs... Louis-Octobrerealty.Weichert.com

#Cleaning door handles is a good way to make your home feel fresh. #superclean