Thomas J. Real Estate, Inc. is a full service real estate brokerage located in Edinburg, NY along the shores the Great Sacandaga Lake. Our blog provides information on the local real estate market including home ownership tips and general information on homes sales in the Capital Region of New York State, including waterfront and lake access homes for sale on The Great Sacandaga Lake.
Since 2008 Real Estate Broker Thomas J. McGroder has sold 247 homes on and around the Great Sacandaga Lake, that is an amazing number of homes to be sold in a 47 sq mile area.
If you're thinking of buying or selling a home or vacant lot on or around the Great Sacandaga Lake give the areas #1 real estate broker a call.
Thomas J. McGroder can be reached at 518-863-4691 or visit him on the web www.thomasjrealestate.com
The answer is simple contact the Professionals at Thomas J. Real Estate, Inc. We are your local real estate market experts. Our office has been serving the region since 2008, we are members of the local MLS which allows us to expose your home to a large array of home buyers.
As you know there is no crystal ball, so we do not know how long this Sellers Market will last so make sure you contact Thomas J. Real Estate with any questions if you're thinking of selling your home or real estate.
Thomas J. McGroder Lic. Real Estate Broker talks about the benefits of building a new home. In todays limited real estate market it might make sense to purchase vacant land.
If this is an idea you might consider let's talk. Thomas J. Real Estate, Inc is a full service real estate office located along the shores of the Great Sacandaga Lake. We have several parcels of vacant land available that are shovel ready and access to many other parcels.
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988.
And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the height of the pandemic:
“In March 2023, the U.S. rental market experienced single-digit growth for the eighth month in a row . . . The median asking rent was $1,732, up by $15 from last month and down by $32 from the peak but is still$354 (25.7%) higher than the same time in 2019 (pre-pandemic).”
With rents much higher now than they were in more normal, pre-pandemic years, owning your home may be a better option, especially if the long-term trend of rents increasing each year continues. In contrast, homeowners with a fixed-rate mortgage can lock in a monthly mortgage payment for the duration of their loan (typically 15-30 years).
The graph below uses national data on the median rental payment from Realtor.com and median mortgage paymentfrom the National Association of Realtors (NAR) to compare the two options. As the graph shows, depending on how much space you need, it’s typically more affordable to own than to rent if you need two or more bedrooms:
So, if you’re looking to live somewhere where you have two or more bedrooms to accommodate your household, give you more breathing room to spread out your belongings, or dedicate the extra space to practice your hobbies, it might make sense to consider homeownership.
In addition to shielding you from rising rents and being more affordable when you need more space, owning your home also allows you to start building your own equity, which in turn grows your net worth.
And, as home values typically rise over time and you pay off your mortgage, you build equity. That equity can set you up for success later on because you can use it to help fuel a move to an even bigger space down the line. That’s why, according to Zonda, the top reason millennial homeowners bought their home over the past year was to build their own equity instead of someone else’s.
If you’re trying to decide whether to buy a home or continue renting, let’s connect to explore your options. With rents rising, it may make more sense to pursue your dream of homeownership.
If you're thinking of selling your home, give the professionals at Thomas J. Real Estate, Inc. a call. Our local office has all the skills and technology of the big national companies.
At Thomas J. Real Estate, Inc. "We Open Doors"
Thomas J. McGroder Lic Real Estate Broker with Thomas J. Real Estate, inc. gives a run down of the local fireworks displays happening around the Great Sacandaga Lake.
We hope you have a great weekend and enjoy the show.
Thomas J. McGroder Lic. Real Estate Broker with Thomas J. Real Estate, Inc offers 4 easy simple tips to help you sell your home quickly and for more money.
Take a look and see if we can help you. Contact Thomas J. Real Estate, Inc, with any questions to meet with us own person
Welcome to 131 Sinclair Rd Edinburg NY, this 3 + bedroom, 3 bath home has lots to offer including an in-law suite in the lower level and Great Sacandaga Lake Access via Sinclair Heights Beach Association just down the road.
Contact Martha Dietrich for more information. Be sure to check out our other listings on the MLS and also our Youtube Channel
In this video NYS Lic. Real Estate Broker Thomas J. McGroder gives some information on the benefits of homeowner ship.
If you're ready to purchase a home or have a real estate question contact Tom.
ThomasJ. McGroder
Thomas J. Real Estate, Inc.
518-774-3870
Curb appeal - that first glimpse of a property which can sometimes make or break a potential sale. This important piece of the sales process is critical to success in selling. It’s been said that curb appeal can mean as much as the interior of a home when it comes to making a sale. As the saying goes, “You only have one chance to make a first impression.”
There are many ways to improve your curb appeal and make your home shine. Some are quick and easy fixes, others may take more time and money, depending on the condition of the home.
The more expensive and intensive choices include things such as:
Less expensive options, easily accomplished by a homeowner are:
These suggestions can go a long way to improving the overall perception a prospective buyer has when viewing a home for the first time. Don’t lose the chance to make the very best first impression!
At Thomas J. Real Estate, Inc. we have a Certified Professional Stager on staff to assist our agents. Before you list contact us to help you obtain more money at the closing.