When is it a Good Time to Rent? Definitely NOT Now! | Keeping Current Matters

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau just released their second quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

At the same time, a report by Axiometrics revealed:

“The national apartment market’s annual effective rent growth rate of 5.1% in June 2015 represented a 47-month high, and continued a streak of 5.0%-plus rent growth that is now the longest in at least six years, according to apartment market research. The effective rent growth in June 2014 was 3.7%, putting June 2015’s exceptional performance…

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TRAVIS....

This October 2015 there were 04 homes sold in  Travis.The highest selling price was $445,000, while the lowest selling price was $255,000.

Here are  the addresses of  homes sold  in Travis  this October:
  1. 118 Wild Avenue
  2. 129 Alberta Avenue
  3. 78 Towers Lane
  4. 53 Simmons Lane
 As of today, November  6th, 2015, there are 13 active properties in Travis. The highest listing price of these properties is $650,000, while the lowest is $199,000.

Here is a list of all the addresses of the active listings in Travis .

  1. 69 Simmons Lane
  2. 53 Simmons Loop
  3. 8 Leroy Street
  4. 118 Cnnon Avenue
  5. 4117 Victory Boulevard
  6. 17 Watson Avenue
  7. 194 Cannon Avenue
  8. 2 Leroy Street
  9. 84 Shelley Avenue
  10. 75…

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 TOTTENVILLE.....

 

This October 2015 there were 18 homes sold in Tottenville. The highest selling price was $860,000, while the lowest selling price was $287,000.

Here are  the addresses of  homes sold  in Tottenville this October:
  1. 418 Sprague Avenue
  2. 77 Surfside Plaza 
  3. 45 Sandy Lane
  4. 49 Sandy Lane
  5. 276 Brighton Street
  6. 57 Sunset Lane
  7. 129 Pittsville Avenue
  8. 8 Sprague Avenue
  9. 167 Butler Avenue
  10. 138 Camden Avenue
  11. 418 Sleight Avenue
  12. 355 Loretto Street
  13. 23 Meagan Loop
  14. 61 Billop Avenue
  15. 304 Main Street
  16. 300 Chelsea Street
  17. 379 Chelsea Street
  18. 533 Rockaway Street
As of today, November  6th, 2015, there are 73 active properties in Tottenville. The highest listing price of these properties is…

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TODT HILL.....

This October 2015 only  01 home sold in Todt  Hill. 

Here is  the addresses of  the  home sold  in Todt Hill this October:
  1. 10 Denoble Lane
As of today, November  6th, 2015, there are 42 active properties in Todt Hill. The highest listing price of these properties is $4,500,000, while the lowest is $545,000.

Here is a list of all the addresses of the active listings in Todt Hill:

  1. 1359 Richmond Road
  2. 1239 Todt Hill Road 
  3. 122 Norwalk Avenue
  4. 1225 Todt Hill Road
  5. 74 Romer Road 
  6. 200 Coverly Avenue
  7. 15 Bogert Avenue
  8. 400 Ocean Terrace
  9. 24 Cromwell Circle
  10. 653 Ocean Terrace
  11. 61 Portsmouth Avenue
  12. 181 Flagg Place
  13. 586 Ocean Terrace
  14. 258 Flagg Place
  15. 7 Portsmouth Avenue
    16. …

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Where Will Home Prices Be Next Year? [INFOGRAPHIC] | Keeping Current Matters

Some interesting facts:

  • 25 states are forecasted to achieve higher levels of appreciation in the next 12 months than already achieved in the last year.
  • 25 state and the District of Columbia are forecasted to experience a slow in appreciation.
  • All 50 states & D.C. are forecasted to achieve some level of positive price appreciation.

Even though each state is appreciating at different levels, you need to know the Cost of Waiting until next year to buy your dream home!

If you're curious about your home's market value, use our free Comparative Market Analysis tool! You'll get an instant home evaluation and even a free in-person assessment provided by one of our agents at your leisure.

Thanks to our friends at KCM for the awesome…

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SUNSET HILL.....

This October 2015 there were 08 homes sold in Sunset Hill. The highest selling price was $1,230,000, while the lowest selling price was $450,000.

Here are  the addresses of  homes sold  in Sunset Hill this October:
  1. 245 Harvest Avenue
  2. 557 Oakland Avenue
  3. 149 Harvest Avenue
  4. 22 Jones Place
  5. 111 Lawrence Avenue
  6. 795 Davis Avenue
  7. 264 Harvest Avenue
  8. 660 Oakland Avenue
As of today, November  6th, 2015, there are 07 active properties in Sunset Hill. The highest listing price of these properties is $1,049,999, while the lowest is $435,000.

Here is a list of all the addresses of the active listings in Sunset Hill.

  1. 25 Hartford Avenue
  2. 241 Harvest Avenue
  3. 602 Bard Avenue
  4. 10…

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STAPLETON !

This October 2015 there were 02 homes sold in Stapleton. The highest selling price was $400,000, while the lowest selling price was $265,000.

Here are  the addresses of  homes sold  in Stapleton this October:
  1. 714 Bay Street
  2. 360 Van Duzer Street

As of today, November  6th, 2015, there are 12 active properties in Stapleton. The highest listing price of these properties is $699,000, while the lowest is $139,000.


Here is a list of all the addresses of the active listings in Stapleton:

  1. 851 Van Duzer Street
  2. 16 Gordon Street
  3. 18 Hill Street
  4. 187 Boyd Street
  5. 85 Beach Street
  6. 27 Tappen Court
  7. 22 Wright Street
  8. 36 Targee Street
  9. 24 Grove Street
  10. 23 Jackson Street
  11. 57 Clinton…

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SAINT GEORGE.....

This October 2015 there were 06 homes sold in St.George. The highest selling price was $484,000, while the lowest selling price was $149,900.

Here are  the addresses of  homes sold  in St. George this October:
  1. 350 Richmond 6k
  2. 100 Northview Court
  3. 80 Bay Street Landing 7-O
  4. 130 Benziger Avenue
  5. 90 Bay Street Landing 2j
  6. 80 Bay Street Landing 6-L
As of today, November  6th, 2015, there are 15 active properties in St.George. The highest listing price of these properties is $1,350,000, while the lowest is $120,000.

Here is a list of all the addresses of the active listings in St. George:

  1. 36 Hamilton Avenue 4s
  2. 36 Hamilton Avenue #6s
  3. 448 Westervelt Avenue
  4. 173…

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This October 2015 there were 09 homes sold in Rosebank. The highest selling price was $488,000, while the lowest selling price was $154,950.

Here are  the addresses of  homes sold  in Rosebank this October:
  1. 414 Maryland Avenue 2b
  2. 490 Tompkins Avenue
  3. 409 Maryland Avenue
  4. 17 Oak Street
  5. 428 Virginia Avenue
  6. 29 Schubert Street
  7. 48 Saint Johns Avenue
  8. 7 Ormond Place
  9. 294 Wingham Street
As of today, November  6th, 2015, there are 22 active properties in Rosebank. The highest listing price of these properties is $719,000, while the lowest is $,148,888.

Here is a list of all the addresses of the active listings in Rosebank:

  1. 404 Maryland Avenue 3a
  2. 424 Maryland Avenue 3a
  3. …

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What You Do Not Need To Hear From Your Listing Agent! | Keeping Current Matters

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:

  • Set the market value on possibly the largest asset your family owns (your home)
  • Set the time schedule for the successful liquidation of that asset
  • Set the fee for the services required to liquidate that asset

An agent must be concerned first and foremost about you and your family in order to garner that degree of trust. Make sure this is the case.

Be careful if the agent you are interviewing begins the interview by:

  • Bragging about their success
  • Bragging about their company’s success

An agent’s success and the success of their company can be important…

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