Found 8 blog entries tagged as buying a home.

Spring brings renewed energy to the housing market on Staten Island. More homes appear for sale, and families prepare to move during this active season. The 2025 spring market offers unique opportunities for homebuyers seeking properties in Staten Island's friendly neighborhoods.

Staten Island provides diverse housing options with excellent schools and strong communities. The current market shows increasing inventory and price adjustments, creating favorable conditions for buyers. With rental prices rising by 5.6% across New York City as of January 2025, homeownership becomes an attractive long-term investment.

Robert DeFalco Realty specializes in Staten Island homes for sale with deep local expertise. Our agents understand each neighborhood's…

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Your Path to NYC Homeownership: What to Know Before You Begin

Definition of First-Time Homebuyer in New York Context

A first-time homebuyer in New York is defined as someone who hasn't owned a primary residence in the last three years, aligning with SONYMA and HUD guidelines. This definition also includes single parents who previously owned with an ex-spouse and displaced homemakers, which expands eligibility for various assistance programs.

Overview of the Current Market (with Data from Local Sources)

As of early 2025, the New York City real estate market shows stabilization with slight growth, driven by low inventory and steady demand. Median home prices by borough are:

  • Manhattan: $1,235,000
  • Brooklyn: $995,000
  • Queens: $717,589

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Did you know that over 80% of home buyers in Staten Island request a home inspection before closing? Getting ready for this crucial step can make or break your sale. Let's explore how to ace your home inspection in Staten Island.

A homeowner tidying up and organizing their living room, vacuuming the carpet, and dusting furniture in preparation for a home inspection

To prepare for a home inspection in Staten Island, start by cleaning and decluttering your home, fixing minor issues, and ensuring easy access to all areas. You'll want to check your roof, gutters, and foundation for any obvious problems. Don't forget to test all your appliances and HVAC systems. Having your paperwork ready, like maintenance records and permits, is also key.

As a Staten Island homeowner, you know our homes face unique challenges from coastal weather and older infrastructure. With the current hot market…

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Search Staten Island Real Estate → with Robert DeFalco Realty

Discover the perfect blend of suburban tranquility and urban convenience in Staten Island, where the real estate market offers everything from charming single-family homes to luxurious waterfront estates. With its expansive green spaces, strong community feel, and direct Manhattan access via the Staten Island Ferry, this borough presents an incredible opportunity for homebuyers and investors alike.

Aerial view of Staten Island waterfront with Manhattan skyline, showcasing prime Staten Island real estate and Ferry terminal

Property Overview: What Staten Island Has to Offer

Staten Island’s real estate landscape is diverse and welcoming, presenting options for every lifestyle and budget. The market remains strong in 2024, with steady appreciation rates highlighting the borough’s…

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Home refinancing can get tricky, especially in the wake of rising interest rates. If you’re also looking to tap your home’s equity, you’ve come to the right place. People consider refinancing their mortgages for many different reasons. So, whether you’re unhappy with your current loan or are looking for more flexible terms, we have you covered.

Here’s everything you need to know about refinancing your mortgage.

What Is Mortgage Refinancing?

Mortgage refinancing refers to replacing your existing mortgage with a new one. The new loan may be accompanied by different requirements and terms. It may also have a completely new outlook on repayment.

However, a common change is the new interest rate, which is usually the reason most people choose to…

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Understanding the Staten Island property tax rate is essential for both current residents and potential movers. As the least populated and greenest borough in New York City, Staten Island offers a unique blend of suburban and urban living, which influences its property tax dynamics. This guide dives into the specifics of Staten Island’s property tax system, providing clarity and actionable insights to help you make informed real estate decisions.

Table of Contents

  • What is Staten Island Property Tax Rate?
    • 1. Current Tax Rates Overview
    • 2. Comparison with Other NYC Areas
    • 3. Factors Influencing Staten Island Tax Rates
  • How Are Property Taxes Assessed in New York?
    • Assessment Process Explained
    • Calculation Methods Used

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The process of buying or selling a home can sometimes feel like a confusing labyrinth. When it comes to buyer agency agreements, questions often arise: Is a buyer agency agreement required?

Although not legally required in every state, the benefits of having one are apparent. It guarantees your interests will be protected by a committed professional, offering expert guidance through negotiations and paperwork.

This agreement provides tremendous peace of mind, assuring you that you have expert support working on your behalf.

Ready to Find Your Dream Home? Schedule a Free Consultation with a Robert DeFalco Realty Agent Today!

Buyer Agency Agreement in New York

Table of Contents

Buyer Agency Agreements in New York: What You Should Know

  • Key Takeaways
  • What Is a…

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Is it a good time to buy a house now? With median home prices in the U.S. reaching $400,000 in 2024, and mortgage rates fluctuating between 6.5% and 7%, prospective buyers must weigh market conditions and personal finances carefully before making a decision.
Is it a good time to buy a house now? This picturesque home with its inviting porch suggests a serene and comfortable living experience.

Whether it's a good time to buy a house depends on your finances, goals, and local market conditions. Right now, home prices are high and interest rates have gone up. This makes buying harder for some people. But there are still good reasons to consider buying if you're ready.

If you have steady income and savings for a down payment, buying now could be smart. Home values often go up over time. Owning can build wealth and give you a place that's truly yours. Think about your long-term plans and…

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