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Christopher Cammarata

LICENSE: 10401295695


(845) 420-4562
(845) 547-0005 (Office)

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How to Add Value to Your Home: Easy Ways to Update your Property

Posted On: September 10th, 2022 12:06PM

If you're looking for ways to increase the value of your home, you're in luck. It can be easy as painting or doing a full-on renovation.  In this blog post, we will discuss a few ways to update your property and increase its value.

 

One easy way to add value to your home is by painting. This is a minor renovation that can go a long way. When choosing paint colors, it's important to stick with neutral colors that will appeal to many people. It will give your home a fresh new look.  This will increase the chances of your home selling quickly and for the price you are looking for.

 

Another way is to update flooring, especially if you have old carpeting. Replacing carpet isn't too hard and it will make a big difference in the overall look of your home. Better yet, replace with vinyl flooring. Vinyl flooring is durable and often waterproof. This makes it a great choice for high traffic areas or homes.  Not to mention, it's relatively easy to install and comes in a variety of colors and styles.

 

Update your fixtures. This includes things like door handles, faucets, and lighting fixtures. These are often overlooked but can make a big difference in the overall look of your home.  Furthermore, they are usually one of the first things that potential buyers will notice.  Modern fixtures will appeal to buyers making it one less thing that they would want to update after they move in.

 

Cleaning up the exterior of the property is also crucial.   First impressions are important!  If the outside of your home is cluttered or in need of repair, it will give potential buyers the impression that the inside is also in poor condition.  Spend some time cleaning up and make any necessary repairs. This will go a long way when it comes to selling your home.

 

Lastly, declutter your home. This means getting rid of any excess furniture or items that you don't use on a regular basis. It will make your home appear larger and more open.

 

Do you have any additional ways to increase the value of your home, drop them in the comments below.  If you are considering selling your home, contact me today.  We can discuss specific ways for you to maximize the value of your property.

 

Christopher Cammarata

Lic. R.E. Salesperson/Realtor with HomeSmart Homes and Estates

Call or Text: 845-420-4562

Visit me on the web @ www.ChrisCamm.com

Follow me on Facebook at www.fb.com/CPCamm

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How will increase in interest rates impact the real estate market?

Posted On: August 8th, 2022 7:08PM

How will increase in interest rates impact the real estate market?

 

As interest rates rise, the cost of borrowing money increases. This has a direct impact on the real estate market by making purchasing power lower and demand for properties decrease. This can lead to slower growth in the market, and allow for the supply chain to stabilize.

 

Some buyers will no longer be able to afford to purchase a house and will stop looking. This may lower the demand for housing. Buyers who are still interested in purchasing will be looking for a lower priced home because of their reduced purchasing power from increased interest rates. This will put pressure on the sellers to lower their prices. This could shift the supply/demand curve and possibly lead to a decrease in home values.

 

Lower demand, however may allow some buyers that previously given up to re-enter the market to look for a home. Currently, there are still a lot more buyers than there are properties for sale. Therefore, we are still in a sellers market and the median sales price remains high.

 

Higher interest rates will make it more expensive to borrow money and increase risk, thus slowing growth . The building of new construction homes will decrease. This slowdown will reduce the demand for raw materials and allow for supply chain to stabilize.

 

Many factors influence the real estate market and we can't predict for certain what it will be like in 3-5 years. Like all other markets, the real estate market is cyclical and we will likely see a lowering of prices eventually. But what we don't know is when and by how much. One thing we do know, current inventory remains low. It is still a seller's market and prices remain high. If you are considering selling your house, call or email the Premier Properties Sales Team today.

 

Christopher Cammarata

Lic. R.E. Salesperson/Realtor with HomeSmart Homes and Estates

Call or Text: 845-420-4562

Visit me on the web @ www.ChrisCamm.com

Follow me on Facebook at www.fb.com/CPCamm

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Current Real Estate Market In Orange County, NY: Remains Competitive

Posted On: August 8th, 2022 6:40PM

The Orange County, NY real estate market is very strong right now. There is a lot of competition for properties, and prices are still rising. The median sale price of a home (over the last 12 months) in Orange County is now over $385,000, and many homes are selling for much more than that. If you're thinking about selling your home, now is also a good time to do it. Prices are high, and there are lots of buyers out there looking for homes.

 

The real estate market in Orange County remains competitive because there are still more buyers than there are homes for sale. This has caused prices to continue to rise, as buyers are willing to pay more for a home that they are interested in.

 

Although prices are still increasing, the rate at which they are increasing has slowed down. This is likely due to the rise in interest rates, as buyers are becoming more cautious. However, interest rates are still relatively low, so the market remains strong. Buyers are still searching and inventory remains low. If you are considering selling, call the Premier Properties Sales Team today.

 

We can't predict what the real estate market will be like in 18-months. A lot of variables contribute to the direction it will go. If you are considering selling the Premier Properties Sales Team will get you top dollar for your current home.

 

The real estate market in Orange County is competitive, it is still a good time to sell your home. Prices are high and there is still a demand for homes. The Premier Properties Sales Team has the experience and knowledge to get you the best price for your home. Contact us today to learn more.

 

Christopher Cammarata

Lic. R.E. Salesperson/Realtor with HomeSmart Homes and Estates

Call or Text: 845-420-4562

Visit me on the web @ www.ChrisCamm.com

Follow me on Facebook at www.fb.com/CPCamm

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1036 Ethan Allen Dr

Posted On: July 14th, 2022 3:20PM

I'd like to introduce you to 1036 Ethan Allen Dr. Now on the market and available to call your new home, this beautiful condo is perfect for those who are looking for low maintenance living.

 

This spacious condo features 3 bedrooms and 2.5 bathrooms. This unit offers plenty of room for anyone that's looking for their own space. View the virtual tour and you can see comfortable living environment that's ready for you to move in and call home. The great convenient location is just another bonus, as it is situated close to many different amenities including dining, shopping, and entertainment.

 

 

If you are interested in purchasing this property, please do not hesitate to contact the Premier Properties Sales Team today. We would be more than happy answer any questions that you may have and guide you through the process of purchasing this beautiful condo. Thank you for your interest!

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The Insanely Low Housing Inventory in Orange County, NY Continues

Posted On: June 29th, 2022 1:29PM

The housing market in Orange County, NY is hot. The lack of houses for sale has created a frenzy among qualified buyers. There is only a 1.3 months supply of housing inventory, which is driving up prices and creating bidding wars. This is great news for sellers, but it can be very frustrating for buyers who are struggling to find their dream home.

 

In the month of June there were 378 active listings when this post was written. During the same time there were 283 properties sold. That puts us at a 1.3 months supply of inventory. A healthy market would be about a 5-6 month supply in inventory.

 

Will the market change? The Feds recently increased interest rates by .75%. They are also signaling another increase of .5 - .75% increase in July. Interest rates are on the rise, which will reduce purchasing power and may cause some buyers to reconsider their plans. However, buyer demand remains high at the moment. Only time will tell how these factors will impact the housing market in Orange County.

 

Are you thinking of selling your home? Now is the time. Buyers are motivated to be in their new home before school starts in the fall. Prices are at an all-time high, with the median sales price reaching $421,250  in May 2022. That's a 21.7% increase from May 2021. If you have been thinking of selling your home, now is the time to take advantage of this market.

 

Call me today to discuss your options and to schedule a listing appointment. I will provide you with a comparative market analysis of your home and develop a marketing strategy to get you the highest dollar value for your property.

 

Don't wait, the market is moving quickly. Call me today at 845-420-4562 to discuss how I can help.

 

Christopher Cammarata
Lic. R.E. Salesperson/Realtor and Team Leader of
The Premier Properties Sales Team at HomeSmart Homes and Estates
Call or Text:  845-420-4562
Visit me on the web @ www.ChrisCamm.com
Follow me on Facebook at www.fb.com/CPCamm

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