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Garden Heights Realty

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Tips and advice

30-Year Mortgage Rates Stay Below 3% This Week

August 17, 2020 Chris B. Georgakopoulos

Record low rates are likely to stick around for a while, NAR says. Mortgage rates inched up slightly this week…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, Buyer Demand, Freddie Mac, Home Buyers, mortgage rates, NAR

Home Prices Continue to Accelerate

August 13, 2020 Chris B. Georgakopoulos

Fifteen metros saw double-digit price growth in the second quarter. Read more from NAR’s latest quarterly housing report. Nearly every…

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Posted in: Daily News Filed under: appreciation value, Buyer Demand, home prices, Housing Quarterly Report, mortgage rates, NAR

Mortgage Applications Jump As Rates Drop Again

August 12, 2020 Chris B. Georgakopoulos

CNBC’s Diana Olick reports the latest mortgage application data.

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Posted in: Daily News Filed under: Buyer Demand, interest rates, Mortgage Applications

August Poised for 2020 Homebuying Peak

Chris B. Georgakopoulos

The pandemic has pushed the annual high for real estate activity, which is typically May. Are you ready for the…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, Home Buying, Housing Market, Housing Market Recovery Index, Inventory Shortage, NYC, real estate news, Realtor.com, U.S Economy

Tenant Groups Step Up Protests to Fight Evictions

August 7, 2020 Chris B. Georgakopoulos

Rather than extend eviction moratoriums, policymakers should supply emergency rental assistance to those experiencing pandemic hardships, the National Association of…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, eviction moratorium, housing, Landlord Tenant, NAR, renters, Tenants, TRDNY

Buyers, Tired of Homes’ Shortcomings, Want to Trade Up

August 6, 2020 Chris B. Georgakopoulos

As lengthy stay-at-home orders ease, consumers are eyeing home features that provide space and privacy. Households happy with their homes…

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Posted in: Daily News Filed under: Amenties, Coronavirus Pandemic, COVID-19, Home Buyers, housing needs, personal space, Point2Homes, Survey, Trade Up Buyers

Mortgage Rates Set Record Low But Borrowers Step Back

August 5, 2020 Chris B. Georgakopoulos

Total mortgage application volume fell by 5.1% from the previous week. Source: CNBC, Diana Olick (August 5, 2020)

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Posted in: Daily News Filed under: Employment, Home Buyers, interest rates, Mortgage Applications, Mortgage Demand, U.S Economy

Millions of renters at risk as four-month moratorium expires

August 4, 2020 Chris B. Georgakopoulos

Millions of Americans are at risk of eviction now that the four-month moratorium has expired and Congress is deadlocked on…

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Posted in: Daily News Filed under: CARES Act, Coronavirus Pandemic, COVID-19, eviction moratorium, renters

30-Year Mortgage Rate Drops to 2.99% Average

Chris B. Georgakopoulos

“It’s Groundhog Day in the mortgage market,” says one analyst, as rates continue to remain near historic lows. Thirty-year fixed-rate…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, Freddie Mac, housing, mortgage rates, NAR

U.S. G.D.P. Fell 9.5 Percent

July 31, 2020 Chris B. Georgakopoulos

GDP Down 9.5%; US Economy at Its Worst – The New York Times RIGHT NOW Consumer spending plummeted in the…

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Posted in: Daily News Filed under: Bureau of Economic Analysis, business, Consumer Spending, Contraction, daily news, GDP, Recession, U.S Economy

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Garden Heights Realty

  • Address
    78-27 37th Ave LL
    Jackson Heights, NY 11372
  • Email
    info@gardenheightsrealty.com
  • Phone
    (917) 832 6006

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