The Pesce & Lanzillotta Team Blog

Mortgage rates in the last 5-6 months have seen some turbulent changes with reactions from Federal Reserve policy.  Mortgage rates have a direct correlation to home valuations.  As interest rates go up, and the cost of borrowing money increases – asset prices go down.  The reason behind this is t...

This is the great debate for sellers in today’s fast changing world.  We’re caught in this age of time where we have these extremely powerful technologically based tools, but real estate is still very much a local business.  In todays world, most sellers have the choice to hire either the broker ...

Smart consumers interview potential real estate agents before they decide which agent they want to hire. Just as you're sizing up the potential for a good fit, the real estate agent will likely be interviewing you, too. Be wary of agents who don't ask you questions and probe for your motivation. ...

There are only two things that are absolute and certain in life, and that’s death and taxes… Here on Long island, we residents pay way more than our fair share in property taxes as compared to the rest of the nation. Nassau County ranks #5 in the country with regards to property taxes, and Suffol...

The punch bowl has been given back to the housing market in the form of low interest rates.  Mortgage rates are the lowest that they’ve been in 12 months, which is going to have a great effect on this spring selling season.  This past week, interest rates on 30-year fixed rate mortgages averaged ...

Here we are in the first year of Donald Trump’s new tax plan, and Americans are starting to digest all the changes that have taken place with this new policy.  The new tax plan certainly has its benefits.  The new corporate tax rate is 21%, the revised tax brackets are all putting more money in t...

Even though it’s the middle of the winter season, before you know it, spring will be here. Typically in most real estate markets, the spring is when it really begins to heat up. The spring real estate market generally yields the highest prices for those selling their home. This is only possible t...

The Highest offer is the best offer… Right?NOPE!  Contrary to what most people think, the highest offer is not always the best offer.  It’s hard for most people to understand that sometimes taking the most money is not always the best decision, especially when you’re talking about their home.  Wh...

Here we are, its February 18th and we’re just about a month and a half into 2019 and things are looking a lot better now than they did at the end of last year.  In the last quarter of 2018, it almost seemed like we were headed towards a financial crisis.  The Federal Reserve had been raising rate...

Sayonara Amazon!  We’re sure you’ve heard by now that Amazon will not be settling in Long Island City after all.  The news was reported this morning, and its not being taken well by most in the real estate industry.  Before we go down the rabbit hole and discuss the topic, lets try and understand...