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Tips and advice

Plunging City Rents Could Spawn Urban Resurgence

January 28, 2021 Chris B. Georgakopoulos

“Right now is a great time for renters in major cities to lock in a low price for 2021,” realtor.com®’s…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, daily news, NAR, NYC, Realtor.com

FHFA Extends Foreclosure, Eviction Moratorium Through February

January 21, 2021 Chris B. Georgakopoulos

This marks the fifth extension for Fannie Mae and Freddie Mac-backed single-family foreclosures and REO evictions. For the fifth time,…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, daily news, Fannie Mae, FHFA, foreclosures, Mortgage Applications, Mortgage Demand, real estate news, REO

Biden Sworn In, With Real Estate on Agenda

Chris B. Georgakopoulos

An economic stimulus plan and down payment tax credit are on his administration’s to-do list. Joe Biden was sworn in…

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Posted in: Daily News Filed under: Biden, daily news, homelessness, Real Estate, tax credit

Mortgage Rates Begin 2021 On An Upward Climb, Motivating Borrowers to Act

January 19, 2021 Chris B. Georgakopoulos

After setting more than a dozen record lows last year, mortgage rates began 2021 on an upward climb. That lit…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, borrowers, CNBC, daily news, Diana Olick, MBA, Mortgage Applications, mortgage rates, refinancing

Ski Town Home Buying Is Gaining Against Beachside Getaways

January 18, 2021 Chris B. Georgakopoulos

Second-home snowbird buyers have tended to favor warmer, sunnier climates. But interest in ski towns is surging, a new report…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, daily news, Homebuying, second homes, ski towns, Snowbird Buyers

Mortgage Rates Rise After Record All-Time Lows Last Week

Chris B. Georgakopoulos

“Borrowers are smart to take advantage of these low rates now and will certainly benefit as a result,” Freddie Mac’s…

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Posted in: Daily News Filed under: borrowers, Home Buyers, Mortgage Demand, mortgage rates, NAR Economists Outlook Blog

Poll: Consumers Expect Even Hotter 2021 Market

January 15, 2021 Chris B. Georgakopoulos

“Most homeowners are well aware that their home value has increased and they’ve become wealthier,” says Redfin’s chief economist. Sixty…

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Posted in: Daily News Filed under: appreciation value, daily news, Home Buyers, Homebuying, homeowners, Housing Market, Redfin

Greater Kitchen Storage Is in Demand

January 13, 2021 Chris B. Georgakopoulos

A new survey from Houzz finds walk-in pantries and high-tech faucets are among the top trends. Kitchen storage is a…

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Posted in: Daily News Filed under: Home Buyers, homeowners, Houzz, Houzz Kitchen Trends Study, Storage, Walk-in Pantry

Inventory Hits All-Time Low as Buyer Demand Explodes

Chris B. Georgakopoulos

Realtor.com® expects more plentiful offerings by the second half of the year. Home buyers’ choices are increasingly limited. The number…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, Home Buying, homeownership, Inventory Shortage

Amazon Jumps Into Affordable Housing With $2B Pledge

January 12, 2021 Chris B. Georgakopoulos

Big tech companies are looking for ways to solve a housing problem they’ve long been blamed for contributing to. Amazon…

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Posted in: Daily News Filed under: Amazon, daily news, Employment Hubs, Grants

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Garden Heights Realty

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    78-27 37th Ave LL
    Jackson Heights, NY 11372
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    (917) 832 6006

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