Manhattan sale prices erratic, in contrast to rents

Manhattan sale prices erratic, in contrast to rents

Manhattan rents, ever-skyward though they climb, are far less volatile than sale prices in the borough, according to Jonathan Miller, CEO of appraisal firm Miller Samuel. [more]

Importance of a Home Warranty

Importance of a Home Warranty

Posted Under: Home Buying in New York, Home Selling in New York, Property Q&A in New York  | 

What Is A Home Warranty Plan?

A home warranty plan, also known as a home protection plan, is a service contract that offers homeowners a way to safeguard themselves against possible breakage or a malfunction within the home.  It's impossible to predict the future, which is why so many buyers look for that little extra peace of mind to comfort them when life unexpectedly throws them an unforeseen problem.

Who Needs A Home Warranty Plan

Basically, anyone who purchases a home and is concerned with the cost of repairs should consider a home warranty plan.  This is especially true of first-time home buyers who may not be familiar with home maintenance.

Who Pays For A Home Warranty Plan

As a buyer, you can order a home warranty plan in conjunction with the purchase of your home.  However, some sellers or builders may include this type of offering as an incentive to attract potential buyers.  In this case, the plan is yours at no additional cost.  Some REALTORS® may also offer a home warranty plan as a gift to customers who buy a home through their agency.

About Spiro: 

Spiro C. Vrouhas is a native of Massachusetts and is highly respected by his clients and peers in real estate of the Greater Boston area.
With years of experience working with buyers, sellers, investors and developers, Spiro is reputed for his intense loyalty and dedication allowing him to tailor a unique, personalized service for each of his clients. He considers no question or concern too demanding as he consistently researches the latest market conditions and finance options available for his clients.  With residencies in Boston Massachusetts, Miami, Florida and  Manhattan, New York, Spiro is very active in his community contributing to various organizations such as The Boys and Girls Club of Boston, The Massachusetts Humane Society, New York City Young Professionals Group, Bridgehampton Historical Society and The American Heart Association. Contact Spiro for your confidential real estate consultation at (617) 939-9256

Spiro Vrouhas is a top Boston and New York real estate agent specializing in residential and commercial real estate. Contact Spiro Vrouhas for your no obligation real estate consultation. Visit www.vrouhas.com for more information.

Spiro Vrouhas Real Estate: More 20-Somethings Are Buying Million-Dollar Homes Than Ever Before, Thanks To Startups And Rich Parents

More 20-Somethings Are Buying Million-Dollar Homes Than Ever Before, Thanks To Startups And Rich Parents

Real estate brokers say millennials are buying homes — and expensive homes — like never before thanks to wealthy parents and the tech boom, Wall Street Journal's Lauren Schuker Blum reports. The younger generation also thinks houses are a safer investment than the stock market.

"In the last two months, half the folks I sold homes to were young entrepreneurial types — and they were all buying homes for over a million dollars," Washington D.C.'s Michael Rankin of TTR Sotheby's International Realty tells WSJ. He says those kinds of buyers didn't exist a few years ago. 

Rankin and other real estate professionals are seeing more clients skipping starter homes and condos altogether for sprawling houses. The tech boom is largely to thank. "Brokers say many of the young buyers today have made money during the IPOs of technology companies such as Facebook, Google, LinkedIn, or they have profited by starting their own companies," Blum writes. She cites one Facebook employee who moved from a rented 800-square-foot apartment to a $7 million 9,000 square-foot-home. A former Facebooker, Rick Armbruso, who is now 33, purchased a $1.2 million, 2,000-square foot home 2.5 years ago.

Read more: http://www.businessinsider.com/millenials-invest-in-real-estate-2013-7#ixzz2ZYFkC5tV

Spiro Vrouhas Real Estate at www.BostonLuxuryEstates.com

spiro vrouhas

Spiro Vrouhas Real Estate

Welcome:
As an exclusive partner of Dutton Real Estate Realtors, our full-service real estate service and in-office marketing firm has helped thousands of clients over the past 20 years who are buying or selling properties throughout the Greater Boston area.
Selling your home?
At Boston Residential Homes, we aggressively market distinctive properties in all price points guaranteeing an expedited sale of your property.With our unique and innovative marketing tools and resources, we achieve exceptional results expediting the sale of your property.

Our Promise:

•     Will go the extra mile to help you reach your objectives
•     Will be uncompromising in pursuing your best options
•     Will be available through the entire process and beyond
•     Will produce results in a timely, organized, efficient manner
•     Will keep you advised at every turn

Searching for your new home or apartment?Start by utilizing Boston Residential Home's custom designed multiple listing property search which will provide you with thousands of available properties. Contact our top real estate agent Spiro Vrouhas at (617) 939-9256 to obtain more information or view your new home.

Real Estate by Spiro Vrouhas

Spiro Vrouhas Luxury Real Estate:
As an exclusive partner of Dutton Real Estate Realtors, our full-service real estate service and in-office marketing firm has helped thousands of clients over the past 20 years who are buying or selling properties throughout the Greater Boston area.
Selling your home?
At Boston Residential Homes, we aggressively market distinctive properties in all price points guaranteeing an expedited sale of your property.With our unique and innovative marketing tools and resources, we achieve exceptional results expediting the sale of your property.

Our Promise:

•     Will go the extra mile to help you reach your objectives
•     Will be uncompromising in pursuing your best options
•     Will be available through the entire process and beyond
•     Will produce results in a timely, organized, efficient manner
•     Will keep you advised at every turn

Searching for your new home or apartment?Start by utilizing Boston Residential Home's custom designed multiple listing property search which will provide you with thousands of available properties. Contact our top real estate agent Spiro Vrouhas to obtain more information or view your new home.