Jeff Cañas Realtor

Licensed Real Estate agent and CPA. Queens and Long Island Native.

07/16/2024

Ready to retire? Downsizing can simplify your life.
From less maintenance to financial savings, there are many perks to opting for a smaller home.
Plus, your equity can help make it happen.
Ready for the next step? Let’s chat and explore your options.



Message me if you'd like to talk about buying or selling!

07/15/2024

I directly help Long Island homeowners find high quality tenants. Let’s connect so you can learn exactly what I do.

07/13/2024

Seeing headlines about foreclosures rising? Don’t worry.
That’s only compared to years when foreclosures were at a record low.
We're still below what we’d see in a more normal year.
And, if you compare today to what happened during the crash, we’re nowhere near what we saw back then.
Got questions? Drop them below.



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The Price of Perfection: Don’t Wait for the Perfect Home 07/11/2024

In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn't wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying your dream of homeownership.

The Cost of Holding Out for Perfection

Nothing in life is ever perfect – and that's true when you search for a home too. Unless you’re building a brand-new home from the ground up, chances are there are going to be some features or finishes you wouldn’t have picked yourself.

But here’s the trade-off you'd be making without even realizing it. In all that time you’d spend searching for the perfect place, you’d overlook a lot of homes that would’ve worked for you.

It’s Time To Redefine Perfection

Especially with affordability...



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The Price of Perfection: Don’t Wait for the Perfect Home In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn't wise.

07/09/2024

Equity is the current value of your home minus what you owe on the loan.

And thanks to the ongoing rise in home prices, the average homeowner's equity grew by $28,000. That’s huge.

Check out the map above to see how much the typical homeowner gained in our state.

And if you want to find out how much equity you have, reach out to me and let’s chat.



Message me if you'd like to talk about buying or selling!

07/06/2024

If you’ve already applied for a mortgage, there are some things you’ll want to avoid doing. So, contact your loan officer before making any financial moves or decisions. 



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Homeowners Gained $28K in Equity over the Past Year 07/04/2024

If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you're building equity much faster than you might think. Here’s how it works.

Equity is the current value of your home minus what you owe on the loan.
Over the past year, there have still been more people wanting to buy than there are homes available for sale, and that’s pushed prices up. That rise in prices has translated directly into increasing equity for homeowners.
How Much Equity Have You Earned over the Past 12 Months?

According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner's equity has grown by $28,000 in the last year alone.

What If You Bought Your House Before the Pandemic?

If you bought your house before the pandemic, the equity...



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Homeowners Gained $28K in Equity over the Past Year If you own a home, your net worth has probably gone up a lot over the past year.

07/02/2024

🏡 Exciting Opportunity! 1-Bedroom Apartment for Rent in Holbrook, NY

Looking for the perfect place to call home? Discover this delightful 1-bedroom, first-floor apartment nestled in the vibrant community of Holbrook, NY. This gem offers a blend of comfort and convenience, making it an ideal choice for singles or couples.

Apartment Highlights:

Separate Kitchen: Enjoy cooking in a spacious, separate kitchen.
Spacious Bedroom: Relax in a large, airy bedroom designed for comfort.
🛁 Private Bathroom: Features an attached bathtub for your relaxation.
🚪 Private Entrance: Your own private entrance adds an extra layer of privacy.
Included Utilities:

💧 Water
🔥 Heat
🌐 Wi-Fi
💡 Electricity
Additional Benefits:
🚗 Ample street parking for hassle-free parking
🌬️ Immaculately clean and well-ventilated
📦 Ready for immediate move-in
Rent: Only $1,750/month

Please Note:

No pets allowed
🚭 Smoking is strictly outside only (keep it fresh indoors)

Contact Now:

Jeff Cañas
Licensed Local Real Estate Agent,
Serhant LLC

Photos from Jeff Cañas Realtor's post 07/02/2024

Wondering what will happen with the housing market in the second half of the year?

According to the experts, home prices are set to climb moderately, mortgage rates might dip a little, and home sales are expected to stay steady.

Have questions about what this means for you? Let's chat about your plans.



Message me if you'd like to talk about buying or selling!

07/01/2024

🎉 Exciting News!
I'm pleased to share that I've just rented a fantastic property in the beautiful Village of Patchogue—at a better price than expected! Representing both the tenant and the landlord, I'm overjoyed to have played a part in making everyone happy.
Looking forward to helping more people find their perfect homes and match tenants . Let me know if I can be of any assistance

Focus on Time in the Market, Not Timing the Market 06/29/2024

Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered.

If you’re able to buy at today’s rates and prices, it may be better to focus on time in the market, rather than timing the market.

The Downside of Trying To Time the Market

Trying to time the market isn’t a good strategy because things can change. Here’s an example. For the better part of this year, projections have said mortgage rates will come down. And while experts agree that’s still what’s ahead, shifts in various market and economic factors have pushed back the timing of when that’ll happen.

The Advice You Need To Hear If You’re Ready and Able To Buy...



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Focus on Time in the Market, Not Timing the Market Should you buy a home now or should you wait?

06/27/2024

Want to know what to expect from the housing market for the second half of the year?

Expert forecasts say:

Prices will keep rising, just at a slower pace.
Mortgage rates will come down slightly.
And sales will hold steady.

If you have questions about what’s ahead and want advice from a pro, I'm here to help.



Message me if you'd like to talk about buying or selling!

06/25/2024

Have you heard? Inventory is growing.

And not all that growth is because more homeowners are putting their houses up for sale (new listings). It’s also that some homes are taking a bit longer to sell (active listings).

If you want to make sure your listing doesn’t stick around long enough to go stale, DM me to chat about the marketing strategies I’ll use to draw in more buyers.



Message me if you'd like to talk about buying or selling!

Worried About Mortgage Rates? Control the Controllables 06/22/2024

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.

The truth is, mortgage rates are impacted by a lot of factors: geo-political uncertainty, inflation and the economy, and more. And trying to pin down when all those factors will line up enough for rates to come down is tricky.

That’s why it’s generally not worth it to try to time the market. There’s too much at play that you can’t control. The best thing you can do is control the controllables.

And when it comes to rates, here’s what you can influence to make your moving plans a reality.

Your Credit Score

Credit...



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Worried About Mortgage Rates? Control the Controllables Chances are you’re hearing a lot about mortgage rates right now.

Photos from Jeff Cañas Realtor's post 06/20/2024

For twelve years straight, real estate has been voted the best long-term investment in an annual Gallup poll.

So, if you’re debating between renting or buying, remember, that it's more than just a roof over your head. A home is an asset that usually grows in value over time – and that makes it a powerful investment.



Message me if you'd like to talk about buying or selling!

Do Elections Impact the Housing Market? 06/18/2024

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.

Home Sales

During the month of November, in years when the Presidential election takes place, there’s typically a slight slowdown in home sales. As Ali Wolf, Chief Economist at Zonda, explains: “Usually, home sales are unchanged compared to a non-election year with the exception being November. In an election year, November is slower than normal.”

Home Prices

What about home prices? Do they drop during election years? Not typically. As residential appraiser and housing analyst Ryan Lundquist puts it: “An election year doesn’t alter the price trend that is already happening in the...



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Do Elections Impact the Housing Market? The 2024 Presidential election is just months away.

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC] 06/15/2024

According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years. That’s because a home is so much more just than a roof over your head. It’s also an asset that typically grows in value over time. If you’ve been debating if it makes more sense to rent or buy, DM me to talk about why homeownership can be a better bet in the long run.



Message me if you'd like to talk about buying or selling!

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC] According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.

Photos from Jeff Cañas Realtor's post 06/13/2024

Here we go !! Just leased this beautiful property located in
less than you expected .Represented the landlord and tenant. Contact me if you need any help with your Renting process !

06/13/2024

This isn’t like 2008. Builders aren’t overbuilding, they’re just catching up.

This graph shows there’s a gap to make up after over a decade of not building enough homes.

Plus, builders are focusing on completing what’s already started versus breaking ground on a whole lot of new homes. This means they’re being mindful and that’s a good thing.

Have questions? Let’s chat.



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06/11/2024

Considering selling your house on your own?
Here’s why teaming up with an agent can make the process smoother.
An agent knows the local market and how to set a competitive price that draws in buyers.
An agent will handle all the legal documents and ensure accuracy, reducing risks and delays.
Remember, a pro by your side can save you time, stress, and potential pitfalls.



Message me if you'd like to talk about buying or selling!

06/08/2024

Thinking of selling but feeling stuck with today’s mortgage rates?

Here’s something to consider: your home equity could be the solution.

So, how can equity help? Depending on how much you have you could:

- Buy your next home in cash.
- Make a larger down payment and finance less.

If you’re curious about finding out about your equity, let’s connect for a free equity assessment.



Message me if you'd like to talk about buying or selling!

The Sweet Spot for Buying Luxury Homes 06/06/2024

If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why.

There Are More Luxury Homes To Choose From

What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, they’re homes that are valued in the top 5% of any given market. According to a recent report from the Institute for Luxury Home Marketing, the selection of luxury homes is increasing.

There are considerably more single-family luxury homes available now than there were a year ago. In fact, there are even more than there were just a month ago. This means you should have a wider variety of top-of-the-line homes to choose from, each with...



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The Sweet Spot for Buying Luxury Homes If you’ve been looking for a home at the high-end of your market, but haven’t found the right one, you may have put your search on hold.

How an Agent Helps Market Your House 06/04/2024

You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help with too.

You expect your real estate agent to write a great description of your house for the listing and pair it with some high-quality photos. But that’s not all you’re going to get when you partner with a great agent:

• Listing on the MLS – By listing your house on the MLS, it will get more visibility from other real estate agents and buyers.

• Using a Yard Sign – A yard sign catches the eye of people driving or walking by.

• Having an Open House – When your agent...



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How an Agent Helps Market Your House You’re ready to sell your house. But what do you need most from your real estate agent?

06/01/2024

Trying to decide if you want to buy a home right now? There are many reasons homeownership is worth it. Let’s connect to talk more about how homeownership can change your life.



Message me if you'd like to talk about buying or selling!

05/30/2024

Sellers, are you worried buyers aren’t out there? Just check out the data.

They may not be as active as they were during the ‘unicorn’ years, but buyer traffic is well above what we’d see in a normal market.

This means there are still people out there looking for homes. So, let’s get yours listed and in front of them.



Message me if you'd like to talk about buying or selling!

05/28/2024

Climate risks are having an impact on where people buy homes.
And if it’s something that’s on your mind, you want to work with an agent with expertise on the local area, what’s impacting homes near you, and what features you may want your home to have to help safeguard it from the elements.
Want to buy? Together, we’ll find you a home you love that’s built to last.



Message me if you'd like to talk about buying or selling!

05/25/2024

It takes expertise to price a house right. Let’s connect to make sure you’re setting a price that attracts buyers and helps your house sell fast.



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Questions You May Have About Selling Your House 05/23/2024

There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move.

1. Should I Wait To Sell?

If you’re thinking about waiting to sell until after mortgage rates come down, here’s what you need to know. So are a ton of other people.

And while mortgage rates are still forecasted to come down later this year, if you wait for that to happen, you may be dealing with a lot more competition as other buyers and sellers jump back in too.

That means if you wait it out, you’ll have to deal with things like prices rising faster and more multiple-offer scenarios when you buy your next home.

2. Are Buyers Still Out There?

But that doesn’t mean no one is moving right now. While some people are...



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Questions You May Have About Selling Your House There’s no denying mortgage rates are having a big impact on today’s housing market.

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