Why 40% of Homeowners Are Mortgage-Free (and What It Means for You)
Home equity is one of the most overlooked sources of financial stability. And with national data showing that 40.3% of U.S. homeowners now own their…
Category: Buyers
How Interest Rates Actually Affect Your Buying Power
Interest rates can have an enormous impact on the state of the housing market. A change of just one percentage point can significantly affect supply,…
How Flood Zones Affect ADUs Under NYC’s City of Yes
Flood zones quietly restrict many ADU projects, especially in Staten Island and waterfront areas of Brooklyn. Even if zoning allows an ADU, floodplain regulations, FEMA…
How Gutters and Downspouts Cause Water Problems in Staten Island and Brooklyn Homes
Many homeowners blame basement leaks on cracks or bad foundations when the real issue starts much higher. Gutters and downspouts control where roof water goes.…
How Condo House Rules Affect Buyers in NYC
Condo buyers often focus on price and condition and ignore house rules until after closing. That mistake can create serious lifestyle and financial issues. Condo…
The Fine Print On HOA Rules Buyers Often Miss
An HOA can offer a great deal of value to homeowners, but it can also impose a lot of restrictions. Unfortunately, homeowners often find themselves…
Boro Breakdown: Staten Island Real Estate Market This Week
Staten Island recorded 58 single family closings this week, showing steady buyer engagement and clean deal flow.The median sale price came in at $695,000, keeping…
How Reserve Funds Impact Condo and Co Op Buyers in NYC
Reserve funds are one of the most important but least understood parts of condo and co op financials. These funds are set aside for major…
Rear Yard Depth Requirements for ADUs Under NYC’s City of Yes
Rear yard depth is one of the quiet rules that eliminates many ADU plans. Even when zoning allows an ADU, minimum rear yard depth must…
How to Spot a Failing Window Installation in Staten Island and Brooklyn Homes
Windows fail far more often because of bad installation than because the window itself is defective. In Staten Island and South Brooklyn, many homes had…