ERA Caputo Realty - NY Blog
Experts Predict a Strong Housing Market for the Re
We're in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.Here's what some of the experts have to say:Ralph McLaughlin, Deputy Chief Economist for CoreLogic"We see the cooldown flattening or even reversing course in the coming months and expect the housing market to continue coming into balance. In the meantime, buyers are likely claiming some ground fr...
Aug 31, 2019
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Buying Your Home
What’s the Latest on Interest Rates?
Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.According to Freddie Mac's Primary Mortgage Market Survey,"the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has been since November 2016."Sam Khater, Chief Economist at Freddie Mac, notes how this is great news for homebuyers. He states...
Aug 31, 2019
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Buying Your Home
Top Priorities When Moving with Kids
According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes to finding the right size, location, school district, and more.Recently, the 2019 Moving with Kids Report from the National Association of Realtors®(NAR) studied "the different pur...
Aug 31, 2019
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Buying Your Home