Rummy Dhanoa's (m1ll1ons) Blog

Home of New York Real Estate Experts YONKERS, NY – April 6, 2016 – Mayor Mike Spano this week announced his selection of Yonkers volunteers for the third annual nationwide Mayors Day of Recognition for National Service, spotlighting the impact of national service and thanking those who serve in ...

Every homeowner hopes to accomplish five goals when selling their home:1.    Sell it for the best price2.    Sell it within a predetermined time3.    Sell it with the least amount of hassles4.    Close on the sale the same day they move into their new homeThe fifth reason is the most obvious and ...

We recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns are unfounded. The current increase in home values can be easi...

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about w...

During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. However, this may be the year this turns bac...

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400...

You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to:1.    Set the market value on possibly the largest asset your family owns (your home)2.    Set the time schedule for the successful liquidat...

Recently, on CNBC’s Closing Bell, Shark Tank investor Kevin O’Leary, also known as “Mr. Wonderful,” said Millennials “don’t give a poo-poo about owning a house.” This thinking couldn’t be further from the truth. Let’s give a few examples to make this point. 1.) In the recent National Housing Mark...

First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal ...

Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally ...