New York State Realty's Blogs

Common Myths About Selling Houses
Thomas Mazzone 6 months ago

     

Selling a house can be complex and daunting, often filled with anxiety and uncertainty. Unfortunately, several myths and misconceptions surrounding home sales can further complicate matters for homeowners looking to sell their properties.

We will delve into the common myths about selling houses and debunk them, providing clarity and valuable insights for anyone embarking on selling their home.

Myth 1: Superstitious practices regularly work

  One of the more popular home-selling myt...
Thomas Mazzone 7 months ago

Among those surveyed, reasons for renovating run the gamut, from addressing maintenance and issues (45%) to enhancing their space for enjoyment (45%), or bringing their home up-to-date (43%). Others have money and moving on their minds: 20% plan to renovate because it's more cost-effective than moving, and 18% are renovating in preparation to sell their home.

Of those looking to make changes to their home in the next 12 months, the most common plans include bathroom and kitchens (37% each), inte...
Surging mortgage rates, low inventory continue to slow New York housing market
Thomas Mazzone 7 months ago

Inventory of homes available across New York State shrunk once again as mortgage rates surged to a two-decade high in August, according to the housing report released today by the New York State Association of REALTORS®.

Inventory of homes for sale across the Empire State fell for the 46th consecutive month in year-over-year comparisons. In August 2023, there were 27,686 homes available in New York, compared to 37,865 units available last August. This represents a 26.9 percent decline.

Interest...
Best Practices for Using Storage to Organize a Home
Thomas Mazzone 7 months ago

 

3 Key Takeaways:

  • Storage options should reflect a homeowner’s needs
  • Make sure to include storage options in every room
  • Keep storage placement, pricing and ease of use in mind

New homes are shrinking in size and storage space, , and older homes have their share of storage woes as well, which makes it difficult for homeowners to keep their homes tidy and organized.

Though many homeowners in recent years have latched onto the decluttering philosophies of Marie Kondo and Swedish Death Cleani...
Exterior Wear and Tear That Breaks Down a Home
Thomas Mazzone 7 months ago

The exterior of our homes is exposed to various elements that can cause significant damage. It's important to be aware of these exterior wear and tear factors so that you can maintain your home's structural integrity. In this blog post, we will discuss the common factors that can break down your home's exterior and what you can do to prevent them from causing significant damage.

Extreme Weather Extreme weather, such as heavy rain, wind, hailstorms, and snow, can cause severe damage to your home...
DiNapoli: NYC's Property Tax Bills Rise Along With Burden on Working- and Middle-Class Homeowners
Thomas Mazzone 8 months ago

The COVID-19 pandemic has caused property tax disparity to worsen in New York City, driving housing costs higher for many, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Property tax disparities have been well documented for decades by advocates, fiscal monitors and the city, but the report found even when property values declined for many condos, co-ops and rental apartments due to the pandemic, property tax bills continued to rise. The State Comptroller...

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