A Real Estate Agent Helps Take the Fear Out of the Market
The Glazer Team news
by Jay Glazer
8M ago
Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media isn't easy to understand, it can make people feel scared and unsure. Similarly, negative talk on social media spreads fast and creates fear. As Jason Lewris, Co-Founder and Chief Data Officer at Parcl, says: “In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, unce ..read more
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The Return of Normal Seasonality for Home Price Appreciation
The Glazer Team news
by Jay Glazer
9M ago
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market, there are predictable ebbs and flows that happen each year. It’s called seasonality. Spring is the peak homebuying season when the market is most active. That activity is typically still strong in the summer but begins to wane as the cool ..read more
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The Many Non-Financial Benefits of Homeownership
The Glazer Team news
by Jay Glazer
9M ago
Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it's essential to think about the non-financial benefits that make a home more than just a place to live. Here are some of the top non-financial reasons to buy a home. According to Fannie Mae, 94% of survey respondents say “Having Control Over What You Do with Your Living Space” is a top reason to own. Your home is truly your own space. If you own a home, unless there are specific homeowner association requirements, you can decorate and change it the way you like. That m ..read more
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Expert Home Price Forecasts Revised Up for 2023
The Glazer Team news
by Jay Glazer
10M ago
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong. While there was a slight home price correction after the sky-high price appreciation during the ‘unicorn’ years, nationally, home prices didn’t come crashing down. If anything, prices were a lot more resilient than many people expected. Let's take a look at some of the expert forecasts from late last year stac ..read more
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Why You Need a True Expert in Today’s Housing Market
The Glazer Team news
by Jay Glazer
10M ago
The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an expert who can guide you through each unique step of the process.  The reality is, not all agents operate the same way. To truly make a powerful and confident decision as you buy or sell a home, you need a real estate expert who uses their knowledge of what’s really happening with home prices, housing supply ..read more
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How To Know If You’re Ready to Buy a Home
The Glazer Team news
by Jay Glazer
11M ago
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are definitely a factor in your decision, your own life and your finances may be even more important. As an article from NerdWallet says: “Housing market trends give important context. But whether this is a good time to buy a house also depends on your financial sit ..read more
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Manhattan Real Estate Market Report: Q2 2023
The Glazer Team news
by Jay Glazer
11M ago
The second quarter of 2023 brought renewed balance to the Manhattan real estate market. “As evidenced by the 48% quarter-over-quarter rebound in closings, Q2 2023 showed many positive signs of a market settling into normalcy. Barring a significant increase in new inventory, we may not see prices fall much further. Prospective buyers should seriously consider their available options, or risk missing out on a prime opportunity to buy in Manhattan.” – Pamela Liebman, Corcoran President & CEO Signs of the market normalizing emerged during the second quarter of 2023. Springtime’s typical boos ..read more
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Don’t Fall for the Next Shocking Headlines About Home Prices
The Glazer Team news
by Jay Glazer
11M ago
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re basing their negative news by comparing current stats to the last few years. But you can’t compare this year to the ‘unicorn’ years (when home prices reached record highs that were unsustainable). And as prices begin to normalize now, they’re talking about it like it’s a bad thing and making people fear what’s nex ..read more
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Reasons Your Home May Not Be Selling
The Glazer Team news
by Jay Glazer
1y ago
When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable to sellers due to today’s limited housing supply, there are still factors that can cause delays or even prevent a house from selling. If you're having trouble getting your house to sell in today's sellers’ market, here are a few things to think about. Limited Access – If You Can’t Show It, You Can’t Sell It. One of the biggest mistakes you can make as a ..read more
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Lending Standards Are Not Like They Were Leading Up to the Crash
The Glazer Team news
by Jay Glazer
1y ago
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it.  Every month, the Mortgage Bankers Association (MBA) releases the Mortgage Credit Availability Index (MCAI). According to their website: “The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time ..read more
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