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Garden Heights Realty

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Tips and advice

Lower Weekly Mortgage Demand Hints At A Possible Pullback By First-time Homebuyers

July 30, 2020 Chris B. Georgakopoulos

KEY POINTS Mortgage applications to purchase a home were 2% lower last week than the previous week but a strong…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, Buyer Demand, COVID-19, Diana Olick, FHA, First-time Homebuyers, Home Buyers, Mortgage Applications, Mortgage Demand, Refinance

Contract Signings Make a ‘Remarkable’ Move

Chris B. Georgakopoulos

Given the positive turnaround in home sales in recent weeks, NAR has revised its overall forecast for the year. Read…

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Posted in: Daily News Filed under: Federal Reserve, June 2020, Monetary Policy, NAR, pending home sales

Millions of Renters at Risk of Eviction

Chris B. Georgakopoulos

The national moratorium on evictions set forth by the CARES Act expired last week, but mortgage forbearance for landlords was…

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Posted in: Daily News Filed under: CARES Act, Coronavirus Pandemic, COVID-19, eviction moratorium, Forbes, housing crisis, real estate news, renters, STATISTA, Stout Risius Ross

Existing-Home Sales Surge to Record Pace in June

July 23, 2020 Chris B. Georgakopoulos

“This revitalization looks to be sustainable for many months ahead as long as mortgage rates remain low and job gains…

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Posted in: Daily News Filed under: 2020, existing home sales, housing, housing snapshot, Inventory Shortage, NAR

Foreclosures Near All-Time Lows—For Now

July 22, 2020 Chris B. Georgakopoulos

Government aid is helping many struggling homeowners stay in their homes, but what happens when foreclosure moratoriums expire? Foreclosure filings—including…

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Posted in: Daily News Filed under: ATTOM Data Solutions, bank owned, CoreLogic, daily news, distressed properties, foreclosures, mortgage delinquency

‘Dated Homes’ No Longer a Deal Killer?

July 21, 2020 Chris B. Georgakopoulos

Some home shoppers may be more open to compromises on home features if it means they can buy faster. The…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, daily news, fixer upper, Home Buyers, Jackson Heights, NYC, older homes, Queens, real estate news

Survey: 3% Of Americans Moved Due to The Pandemic: Coronavirus

July 19, 2020 Chris B. Georgakopoulos

As the Coronavirus has spread to communities across the U.S., among its effects has been physical upheaval. People have moved…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, Pew Research Center, real estate news

Mortgage Rates Dip Below 3%

July 18, 2020 Chris B. Georgakopoulos

The 30-year fixed-rate mortgage averaged 2.98% this week—the lowest ever. The 30-year fixed-rate mortgage averaged 2.98% this week, the lowest…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, Freddie Mac, Jackson Heights, mortgage rates, NYC, Queens

‘Fierce Competition’ Ahead for Home Buyers

July 17, 2020 Chris B. Georgakopoulos

A shortage of homes for sale and record low interest rates are creating a competitive home shopping summer, realtor.com® notes…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, Home Buyers, Inventory Shortage, NYC, NYS

How Much Lower Can Mortgage Rates Go?

July 15, 2020 Chris B. Georgakopoulos

The 30-year fixed-rate mortgage is edging closer each week to the 3% mark. Freddie Mac reported that the 30-year rate…

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Posted in: Daily News Filed under: interest rates, mortgage

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Garden Heights Realty

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

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