Red Door Realty NY
Red Door Realty NY
(518) 899-9500(518) 899-9500
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    Buyer Demand Still Outpacing the Supply of Homes for Sale

    Buyer Demand Still Outpacing the Supply of Homes for Sale The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light […]

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    Should I Wait Until Next Year to Buy? Or Buy Now? 

    Should I Wait Until Next Year to Buy? Or Buy Now?  Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by 2019. CoreLogic […]

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    Millionaire to Millennials: Don’t Rent a Home… Buy!

    Millionaire to Millennials: Don’t Rent a Home… Buy!  In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to […]

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