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    5 Reasons Millennials Are Buying Homes

    By Zack Petrocca | May 31, 2023

    In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to become a homeowner. Here’s why other millennials... Read More

    Think Twice Before Waiting for Lower Home Prices

    By Zack Petrocca | May 30, 2023

    As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon.... Read More

    Why Today’s Foreclosure Numbers Are Nothing Like 2008

    By Zack Petrocca | May 29, 2023

    You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, a property data... Read More

    The Three Factors Affecting Home Affordability Today

    By Zack Petrocca | May 28, 2023

    There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages.... Read More

    What Are the Experts Saying About the Spring Housing Market?

    By Zack Petrocca | May 27, 2023

    The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s what industry experts... Read More

    The Power of Pre-Approval

    By Zack Petrocca | May 26, 2023

    If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go... Read More

    What’s the Difference Between a Home Inspection and an Appraisal?

    By Zack Petrocca | May 25, 2023

    If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like to buy. In... Read More

    The Worst Home Price Declines Are Behind Us

    By Zack Petrocca | May 24, 2023

    If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very different and much more positive story.... Read More

    Homeowners Have Incredible Equity To Leverage Right Now

    By Zack Petrocca | May 23, 2023

    Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your equity grows over time: “Housing wealth... Read More

    The Best Time To Sell Your House Is When Others Aren’t Selling

    By Zack Petrocca | May 22, 2023

    If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April 2020, when the pandemic hit... Read More

    The Impact of Inflation on Mortgage Rates

    By Zack Petrocca | May 21, 2023

    If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard to lower inflation, the... Read More

    Why Today’s Housing Market Is Not About To Crash

    By Zack Petrocca | May 20, 2023

    There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very different than it was... Read More

    It May Be Time To Consider a Newly Built Home

    By Zack Petrocca | May 19, 2023

    If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t that much to choose from.... Read More

    How Homeowners Win When They Downsize

    By Zack Petrocca | May 18, 2023

    Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have... Read More

    Buyer Activity Is Up Despite Higher Mortgage Rates

    By Zack Petrocca | May 17, 2023

    If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much... Read More

    A Recession Doesn’t Equal a Housing Crisis

    By Zack Petrocca | May 16, 2023

    Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As... Read More

    Why Buying a Home Makes More Sense Than Renting Today

    By Zack Petrocca | May 15, 2023

    Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988.  And, data from the latest rental report from shows rents continue to grow... Read More

    What led Broker/Owner, Brandon Oot, to get into Real Estate?

    By Zack Petrocca | May 14, 2023

    Broker/Owner of the Core Real Estate team, Brandon Oot, describes what led him to taking a leap of faith and starting his new career in Real Estate. Read More

    Why Selling Your Home When Others Aren’t Can Be Advantageous in the Capital Region & Hudson Valley Region of NY

    By Zack Petrocca | May 14, 2023

    If you're considering selling your house in the Capital Region and Hudson Valley Region of New York, it's crucial to understand the current state of the real estate market. Currently, the number of homes for sale is relatively low, with fewer sellers opting to list their houses compared to the usual market conditions. Read More