Monthly Archives: November 2012

Spotlight: Luxury Portfolio International

William Raveis Real Estate, Mortgage & Insurance is very proud to be an Advisory Board member of Luxury Portfolio International™.  Luxury Portfolio International™ is comprised of hand-picked independent luxury brokers that are also members of Leading Real Estate Companies of the World®.

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Holiday Pop-Up Shops in New York City

Holiday season is upon us and that means Christmas lights, family gatherings and lots of presents.  As we lead up to the big day, there are several towns and cities that extend cheer beyond the confines of home.

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November 28, 2012

The Fiscal Cliff and Housing

So you think battling the lines at Macy’s on Black Friday or ensuring that your credit card information wouldn’t get stolen as you maxed out your card on Cyber Monday were difficult?  Try dealing with an impending fiscal cliff.  Yep, that’s right.  The fiscal cliff is the latest challenge our country and our current administration face before we head into the new year.  But, what exactly is this ‘fiscal cliff’ we keep hearing about?  And how will could it impact your homebuying decisions? Continue reading

November 27, 2012

Who's On The Move This Holiday Season?

With the holiday season in full effect, people are on the move.  Whether going to see family or friends, Thanksgiving and Christmas are some of the busiest travel times of the year.  We are also seeing high levels of mobility in William Raveis’ Relocation division.  As you’ll read in this post, over the past 3 years we have experienced high levels of relocation activity in our foothold, the northeast.  And as the housing market continues to stabilize, the outlook for the relocation industry is positive.  This is good news for transferees! Continue reading

November 21, 2012

Doing the Numbers: October Housing Data

The holidays are in full effect and homes are starting to don the rich reds and oranges of the season along with inviting scents of pies, turkeys and ham.  Amidst all the holiday bustle, we are taking time to reflect on the housing market this season compared to last.  In line with what economic and housing pundits are saying, we are truly seeing a pattern of improvement in the real estate market.  In fact, for the month of October, all of our major markets saw a sizeable increase in average sales prices, rapidly decreasing inventory and strong increases in unit sales.   With the election season over, looming questions about economic policy have clearer answers and companies can make better informed decisions about hiring.  This will also have an impact on the housing market as there is an obvious intrinsic relationship between housing and the job market.

Below, we have presented our monthly data on how the market performed throughout the northeast for the month of October.  For more information and to access the fastest housing numbers available, visit Local Housing Data . Continue reading

November 19, 2012

The Difference Between Appraisal And Assessment Values

When buying or selling a home, you sure learn alot of new words.  ARM, loan limits, adjustments, mortgage interest adjustment, buyer agency….the list doesn’t end. However, there are two terms that you will always hear which you need to pay attention to:  Appraisal and Assessment.  These processes are a must to complete a home purchase and are often deciding factors for buyers and sellers.  William Tierney, an associate at William Raveis Scituate , provides and explanation, as well as a contrast between the two terms.  For more of William’s awesome advice, check out his blog.   Continue reading

November 8, 2012

Reflecting on Sandy: How To Move Forward

Hurricane Sandy has changed the lives of many Americans throughout the East Coast.  The devastating storm has caused major disruptions and tragedy for businesses and families, impacting daily life as we know it.  However, the rebuilding efforts have been as tremendous as Sandy, herself.  From neighborhoods banding together to provide eachother support, to the incredible efforts of Manhattan’s police force, transportation and government to ensure the subway system was almost fully functional within one week of Sandy’s passing, the East Coast has weathered the storm.  To ensure you are taking the right steps to rebuild, or help those that have been impacted, here are some important resources. Continue reading

November 6, 2012

All The Colors of Fall

Nothing says fall quite like New England. Changing colors, falling leaves and a chill in the air that makes you want to curl up with a blanket and a cup of hot chocolate.

Of all the homes on the market nowadays, there are some that stand out this time of year. From the color of the exterior to the color of shutters, to the home’s surroundings – lakeside, up on a hill or surrounded by trees – all of this adds to the seasonal appeal. Shades of red, brown and yellow remind many of fall. Continue reading

November 1, 2012