Real Estate Blog - Dil Gillani

Market Updates: How Much Should You Trust Your Listing Agent?

You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?

You must have enough trust in them that you feel comfortable they will accomplish all four things below:

1. Sell possibly the largest asset your family owns

In many cases, a home is the largest asset a family has. Studies have shown that the equity many families have in their home is the largest percentage of that family’s overall wealth.

2. Set the correct market value on that asset

Pricing is crucial even in the best of markets. You want to get the best price for your home without putting…

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FOODIES: Come to the Fall Festival with Chef Dom Tesoriero!

The Mount Loretto Fall Festival wants all you foodies out there to come celebrate fall with them today October 24th and tommorrow October 25th from noon to 5 p.m.

While there will be all sorts of different fall related activities to enjoy, perhaps the most anticipated is the arrival of Food Network Star and Eltingville native Dom Tesoriero! His food truck called "Mac Truck" will be serving it's incredible mac 'n' cheese recipes all day the 24th and 25th!

The festival will be held at Mount Loretto and admission to the event is free for everyone of all ages! For more information, text the word "FALL" to 82257, or call 718-490-5023.  

[photocred: google image search]

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Market Updates: 4 Reasons to Buy Before Winter Hits!

  It's that time of the year; the seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don't have to look much further to find four great reasons to consider buying a home now instead of waiting.   

1. Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report released recently projects appreciation in home values over the next five years to be between 10.5% (most pessimistic) and 25.5% (most optimistic).

The bottom in home prices has come and gone. Home values…

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Haunted House at NYC Arts Cypher

NYC Arts Cypher will be hosting their fifth annual haunted house this year!

Starting on Friday, October 23rd, the NYC Arts Cypher building will be transformed into two stories of pure madness! Actors play zombies, and there are chills and thrills at every turn!

The times you can visit the haunted mansion will be October 23-24 from 7:30-11:30 p.m.; October 25 from 6:30-10:30 p.m.; and October 29-31 from 7:30-11:30 p.m. Admission is $20 for adults and $15 for children 12 and under and students with an ID. 

There will also be a Halloween party at the Cypher on November 1st. It's $40 to enter and there will be catered food and drink all night. 

[photocred: nycartscypher]

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Market Updates: Here Come The Millennials!

  Many have been wondering when the much anticipates move by Millennials' into homeownership would actually take place. We know the belief in owning a home is there.    According to a recent Merrill Lynch study, eighty one percent of Millennials believe "homeownership is an important part of the American Dream." This compares favorably to previous generations.      The obstacle seemed to be employment, but it appears that is about to change.   The most recent jobs report disappointed many economists. However, the silver lining in that could of doubt was Millennials. Jonathan Smoke, realtor.com Chief Economist, reported:
“About 33% of civilian jobs created over the last 12 months have been for the young adults who are…

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Flesh Junkies

Flesh Junkies is a zombie punk-cabaret band that will blow your mind this Halloween!

This band performes every and all October long and never ceases to amaze audiences. Dressed as real zombies, the flesh junkies are nothing short of talented and entertaining!

Their shows throughout Staten Island and Manhattan will follow the following schedule posted by silive.com: 

October 23: Mother Pug's Saloon, 9 p.m.

October 28: Sidewalk Cafe, 9 p.m.

October 30: St. George Theatre, 9 p.m.

October 31: Nurnberger Bierhalle, 9 p.m.

November 13: Adobe Blues, 11 p.m.

Don't miss out on a chance to see this one of a kind band!

[photocred: silive.com]

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Market Updates: Applying for a Mortgage - Why So Much Paperwork?

People often ask why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems the bank needs to know absolutely everything about us and requires three seperate sources to validate each entry on the application form. 

Many buyers are being told by their friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago.

There are two very good reasons that the loan process is much more difficult on today's buyer than it was years ago.

1. The government has set new guidelines that now demand that the bank prove beyond any doubt that you are indeed capable of affording the mortgage. During the run-up in the housing market many people…

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Enjoy this Haunted Hayride All October!

Don't miss out on the biggest haunted hayride in New York City this Halloween!

This amazingly scary hayride runs every Friday, Saturday, and Sunday in October from 6 to 11 p.m. The pumpkin patch is free to visit on it's own, however the hayride costs $10 for adults and $5 for kids. This fee also includes pony rides and a pumpkin of your choice! 

The pumpkin patch is located at 335 Chelsea Road and is open to the general public!

[photocred: google image search]

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Market Updates: Where Will Home Prices Be Next Year?

Today in our market updates series, we will be looking at another info-graphic from our friends at KCM and talking about where home prices could go in the next year. 

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 states and the District of Colombia are forecasted to experience a slow in appreciation. 
• All 50 states and D.C. are forecasted to achieve some level of positive price appreciation. 

Even though all the states are appreciating at different levels, it's important to know the cost of waiting until next year to sell or buy your home!

Thanks to our friends at KCM (KeepingCurrentMatters.com) for the amazing market…

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Halloween Haunt!

This year, the fourth annual Halloween Haunt will be taking place at 7 p.m. on October 24th at Jacque Marchais Museum of Tibetan Art at 338 Lighthouse Avenue. 

This event is a fundraiser that supports the museums exhibits, collections, and galleries. The party features a costume contest, hors d'oeuvres, dancing, and an open bar. The museum grounds are decorates in amazing Halloween and fall decorations specially for the party! The museum will also be open during the party, so guests are free to roam and check out the exhibits. 

Tickets are $65 each, and you must be 21 and over to enter. 

You can buy your tickets today at TibetanMuseum.Org.

[photocred: google image search]

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