Anton Real Estate Guide 3/20/24 edition is published by Anton Media Group.

Navigating The Real Estate Landscape

Unveiling the best real estate apps for homebuyers and sellers

BY ANTON MEDIA STAFF specialsections@antonmediagroup.com

In the digital age, real estate apps have become indispensable tools for both seasoned investors and rst-time homebuyers. ese applications o er a wealth of information, streamline property searches, and provide valuable insights into the dynamic real estate market. In this comprehensive guide, we will explore the realm of real estate apps, highlighting some of the best options available for those looking to buy, sell, or invest in properties.

ZILLOW

Zillow stands out as a real estate app giant, offering a user-friendly interface and a vast database of homes for sale and rent. One of its standout features is the Zestimate tool, providing estimated property values based on various factors. Users can explore detailed property listings, neighborhood information, and even connect with local real estate agents. Zillow’s additional tools, such as mortgage calculators and affordability calculators, make it an all-encompassing platform for homebuyers and sellers alike.

REALTOR.COM

Realtor.com is a robust real estate app that prides itself on providing accurate and up-to-date listings. It offers comprehensive property details, including information on property taxes, school ratings, and neighborhood insights. The “Draw on Map” feature allows users to define specific search areas, providing a

more tailored home-hunting experience. Realtor.com is an excellent choice for those seeking reliable and precise information during their property search.

TRULIA

Trulia, a part of the Zillow Group, distinguishes itself by offering valuable insights into neighborhoods and communities. The app includes information on crime rates, school ratings, and local amenities, empowering users to make informed decisions. Trulia’s user-friendly interface and personalized search options make it easy for individuals to find their ideal homes. Additionally, the Rent vs. Buy calculator assists users in making well-informed housing decisions.

HOMESNAP

Homesnap takes a unique approach to real estate with its augmented reality (AR) technology. Users can point their smartphones at properties to access detailed information, including home

values, school district boundaries, and recent sales. The app also facilitates collaborative home searching, allowing users to share listings with family and friends. Homesnap’s interactive features and simplicity make it a standout in the competitive real estate app market.

LOOPNET

For those interested in commercial real estate, LoopNet is an essential app. Specializing in commercial property listings, including office spaces, retail units, and industrial properties, LoopNet provides detailed property information, financials, and contact details for property owners and brokers. Investors, business owners, and real estate professionals looking for commercial opportunities will find LoopNet to be an invaluable resource.

REDFIN

Redfin is renowned for its user-friendly interface and unique features. The app provides detailed property information, including high-quality photos and virtual tours. What sets Redfin apart is its pricing algorithm, offering users a more accurate estimate of a home’s market value. Redfin users can also schedule home tours and make offers directly through the app, streamlining the home-buying process. The world of real estate apps is diverse, with each application offering its own set of features and advantages. Zillow, Realtor.com, Redfin, Trulia, Homesnap, and LoopNet stand out as some of the

best options available, catering to the varied needs of users in the real estate market. Whether you are a prospective homebuyer, seller, or investor, the right app can significantly enhance your real estate experience. As technology continues to shape the future of the industry, these apps will likely play an increasingly pivotal role in connecting buyers with their dream homes and assisting sellers in reaching their real estate goals

ALSO CHECK OUT:

Auction.com—has more than 25,000 exclusive listings and have more than $42B in sales in foreclosures and bankowned residential properties, many below market value; great for finding investment properties.

USHUD Foreclosures—offers millions of luxury, residential, foreclosure and HUD homes listings.

Fundrise Investments—build a portfolio of private market investments, including real estate, venture capital and private credit.

MarketWatch News—delivers the latest business news, financial information and market data.

Xome Auctions—one of the largest collections of foreclosure, bank-owned, 2nd Chance Foreclosure, Short Sale, and luxury properties available online. Apartments.com—best for real-time apartment availability.

—Christy Hinko contributed to this article.

Photo Getty Images

State Of Office And Industrial Markets On Long Island

Colliers analyst shares insight

BY CHRISTY HINKO

chinko@antonmediagroup.com

Commercial and industrial real estate constitute vital sectors within the property market, serving distinct purposes. Commercial real estate encompasses retail spaces, o ce buildings, and hospitality establishments, providing venues for business activities. Investors often seek stable returns through leasing arrangements. Industrial real estate, on the other hand, involves facilities like warehouses and manufacturing plants, crucial for production and distribution. e demand for industrial spaces has surged with the rise of e-commerce, prompting strategic location considerations. Both sectors share a common reliance on economic trends and market dynamics, in uencing investment decisions. Understanding the nuanced characteristics of commercial and industrial real estate is paramount for successful investment and development strategies.

We spoke with Lars Remole, a senior research analyst at Colliers, the investment management company, about the state of the commercial market on Long Island. Here’s what he had to share.

CH: Tell me about the present leasing activity on Long Island, specifically in Nassau County. Is there much of a difference between North and South shore preferences? What are buyers looking for in a leasing opportunity? Who is leasing and for what reasons?

LR: Nassau County witnessed significant leasing activity, with 576,814-square foot of office space and 211,475-square foot of industrial space leased. Across Long Island, total industrial leasing activity amounted to 918,481-square foot , while office leasing activity reached 960,445-square foot.

The office and industrial markets are not divided by North Shore and South Shore, though there are very few office properties in Northern Nassau. Primary leasing locations are Western, Eastern, and Central Nassau with the largest office lease in Nassau County done by Gus Nuzzolese, Colliers executive vice president, for Catholic Health. This was a 247,145-square foot renewal and expansion at 2200 Northern Blvd. in East Hills (Western Nassau). A majority of industrial properties, on the other hand, are located in the middle between the

North and South Shores, close to thoroughfares and highways and further from the coast where land prices are higher.

New office tenants tend to favor newer, higher-amenity Class A buildings, although there are exceptions, such as tenants renewing their leases, government-occupied space, and tenants occupying entire buildings. Conversely, new industrial tenants prioritize easy access to major transportation arteries and spaces that meet their specific requirements. Office tenants notably include healthcare companies, which drive a significant portion of leasing, as well as government entities, the FIRE industry, and educational institutions. In the industrial sector, while there has been a slight slowdown in e-commerce activity, considerable engagement persists among food occupiers and standard industrial users, including freight/bulk storage and building supplies.

One transaction of note in Q4 2023 was the sale of a 155,471 square-foot office building at 1200 Franklin Ave. in Garden City for $92.3 million, which was purchased by NYU from a joint venture partnership between Simon Property Group & LT Garden City LLC.

CH: What are the hot market trends right now? How has this differed in years past? What is affecting the market right now?

LR: In the office market, we’re noticing a rise in distressed assets—buildings on watchlists, special servicing, or in receivership. Additionally, we’re seeing a trend of market right-sizing as tenants adjust their space requirements. As for the industrial sector, it’s gradually returning to normalcy following the e-commerce surge prompted by COVID-19.

CH: How are vacancy rates across Nassau County? Why? What’s the forecast on this number? What will help it or hurt it?

LR: The office availability rate reported in Q4 stood at 13.3 percent, with a vacancy rate of 11.3 percent. While these rates have maintained relative stability within the range of 9 to 12 percent availability, there was a slight uptick in 2023. I would anticipate they will continue this trend as tenants right-size, and the market adjusts accordingly. Regardless, Nassau County office remains appealing to tenants, and I don’t foresee rates increasing drastically based on current market conditions.

As for the industrial sector, the availability rate reported in Q4 was five percent, with a vacancy rate of 4.6 percent. With availability already relatively low and limited construction pipelines, I don’t anticipate significant changes in rates.

Interest rates holding steady or increasing could pose challenges for the

office market. As certain properties face financial distress, building owners may struggle with refinancing, which could deter both potential and current tenants. The looming possibility of a recession also remains. Conversely, municipal and government incentives, along with the increased adoption of back-to-office policies, offer support for the office market. Additionally, conversion efforts could have a multifaceted impact, reducing overall supply while also decreasing vacancy and availability rates, particularly in buildings with historically high vacancy rates. Some buildings may find new life through conversion into alternative uses, such as residential spaces.

On the other hand, a potential slowdown in e-commerce could adversely affect the industrial market, as the waning demand follows the decline in e-commerce activity spurred by COVID-19. Furthermore, community opposition to industrial buildings and occupiers (NIMBY) presents another potential hurdle. Nonetheless, the ongoing demand for bulk storage and industrial uses, combined with the relatively limited supply, offers support for the industrial market. Unlike Suffolk County, Nassau County has less available space for new construction of industrial buildings, which could also bolster the market’s stability.

Lars Remole

Photo by Alex Nuñez

Things To Consider When Buying A Multigenerational Home

BY ANTON MEDIA GROUP specialsections@antonmediagroup.com

Buying a multigenerational home, where family members across two or more generations live under one roof, is becoming an increasingly popular option. This living arrangement can offer numerous benefits, including shared living expenses, easier childcare, and enhanced opportunities for family bonding. However, selecting the right home to suit the needs of everyone involved requires careful consideration. Here are several key factors to keep in mind:

1. Privacy and Personal Space

Each family member will have different needs for privacy and personal space. Look for homes with multiple living areas, en-suite bathrooms, and possibly even separate entrances. The layout should allow for communal living

without sacrificing the privacy that individuals or nuclear family units may sometimes need.

2. Accessibility for Elderly Family Members

If elderly parents or grandparents will be living in the home, consider features that make the home more accessible for them. This could include single-story living options, walk-in showers, grab bars in the bathrooms, and minimal thresholds. Homes that can be easily modified for accessibility should also be prioritized.

3. Bedroom and Bathroom Adequacy

Ensure the home has enough bedrooms and bathrooms to comfortably accommodate everyone. Waiting for a bathroom can cause daily friction, and having enough bedrooms can provide everyone with their much-needed personal retreat.

4. Shared and Separate Living Areas

While shared living spaces like kitchens, living rooms, and dining areas are where the family can come together, separate living areas or dens can provide space for individual activities or downtime. A home that offers a balance of both is ideal.

5. Financial Considerations

Discuss and decide on how household expenses will be shared. This includes the mortgage, utilities, maintenance, and any necessary modifications to the home.

6. Location

The home’s location should be convenient for all generations. Consider proximity to work, schools, healthcare facilities, and amenities like parks and shopping areas. Consider the neighborhood’s safety and the quality of local schools if you have children.

7. Future Flexibility

Life changes, and the home you choose should be able to adapt to those changes. This might mean having spaces that can be easily converted for different uses, such as turning a home office into a bedroom or vice versa.

8. Legal and Zoning Considerations

In some areas, zoning laws may restrict the ability to have certain types of modifications, such as adding accessory dwelling units or separate entrances.

9. Kitchen Layout and Amenities

The kitchen is often the heart of the home, especially in a multigenerational setup. Consider a layout that allows for multiple people to cook and prepare meals together.

Buying a multigenerational home is a significant decision that involves more than just financial investment; it’s about creating an environment that fosters harmony, respect, and togetherness among family members. By considering these factors, families can find a home that not only meets their needs but also enhances their lives together.

Photo Getty Images

Breaking Ground: Empty Lots Are Hot Investment Hempstead identified as promising return

Over the past decade, the American cityscape has evolved dramatically. e speed of this transformation isn’t just seen in towering skylines or burgeoning populations but more so in the economic prosperity of its residents. Some cities, like Enterprise in Nevada and Kirkland in Washington, have rapidly climbed the ladder of growth due to their strategic locations, job opportunities, and unparalleled quality of life.

Empty plots of land across the Town of Hempstead are identified as having the most promising return on investment (ROI), as surveyed by 3,000 real estate investors.

The real question for savvy investors is identifying the next real estate hotspots. To shed light on this, Moving Feedback surveyed 3,000 prospective real estate investors with a hypothetical question:

“Which city would you stake your savings on an undeveloped one-acre plot?”

Their findings, dubbed the ‘Empty Plot Index’, spotlighted the top 200 U.S. real estate gems. Notably, Florida and Texas cities held a strong presence in the top 10.

#1 TAMPA, FL

Earning the top spot, Tampa is more than a city in expansion; it’s one sculpting its future. Investments in cutting-edge infrastructure, premier public services, and community endeavors make land in Tampa more than just a purchase; it’s a golden ticket to a city on the rise.

#2 AUSTIN, TX

Dubbed the world’s live music mecca, Austin’s allure extends beyond tunes. A potent blend of technological advancements, healthcare growth, and vibrant entertainment scenes make it a magnet for settlers and investors alike.

#3 KNOXVILLE, TN

As East Tennessee’s crown jewel, Knoxville, which clinched third place, prides itself on top-tier educational establishments, cultural hubs, and an elevated standard of living, promising multifaceted development prospects for vacant land.

#4 KISSIMMEE, FL

Holding the fourth spot, Kissimmee isn’t merely a tourist’s paradise. The city’s enticing climate and commitment to progress beckon many to establish lasting roots, presenting a ripe landscape for real estate visionaries.

#5 NORTH LAS VEGAS, NV

Tied closely to the growth of the larger Las Vegas area, North Las Vegas promises lucrative land investment avenues,

courtesy of its diverse economy and dedication to quality living.

#6 CHARLOTTE, NC

Christened the “Queen City,” Charlotte’s soaring population and robust economy promise potential investors not just land but a foothold in a dynamically advancing city.

#7 HEMPSTEAD, NY

The lone northern city in the top 10, Hempstead isn’t just about New York City proximity. Its multi-sectoral economy and focus on infrastructure position it as a hotbed for innovative real estate projects. Hempstead is a vibrant and diverse township in Nassau County, known for its rich history and significant role in the early development of Long Island. As one of the three townships in Nassau County, Hempstead boasts a mix of bustling residential communities, commercial developments, and picturesque parks, which encompasses the majority of towns and villages from the eastern border of Queens to the western border of Suffolk counties and everything from the ocean’s edge to a spillover on Hempstead Turnpike. The town’s combined population was 793,409 at the 2020 census, which is the majority of Nassau County’s population and makes it, by far, the largest population of any town in the United States. It is home to Hofstra University, a major driver of cultural and educational activities in the region. The township boasts a variety of neighborhoods, each with its own character, from the serene, beachfront settings of Point Lookout to the historic streets of Old Hempstead. With its convenient access to New York City and comprehensive public services, Hempstead offers a blend of suburban comfort and urban accessibility.

#8 PHOENIX, AZ

Overcoming its water challenges, Phoenix, an emergent economic powerhouse, beckons investors with its vast developmental potential across residential and commercial segments.

#9 SAN ANTONIO, TX

Marked ninth, San Antonio, a fast-growing urban behemoth, promises

#107 UTICA

#10 EDINBURG, TX

Positioned in the Rio Grande Valley, Edinburg entices with its diversified economy and continuous efforts in enhancing infrastructure and community offerings.

“Our research sheds light on the dynamic nature of the real estate market” Harrison Gough of Moving Feedback said, reflecting on the findings. “It’s noteworthy to see how different cities are shaping up as potential hubs. These patterns could be instrumental in understanding broader economic and societal shifts across the nation.”

NEW YORK HAD FOUR OTHER ENTRIES IN THE ‘EMPTY PLOT INDEX’:

#87 BUFFALO

Buffalo, situated in western New York along the Great Lakes, has been in the midst of a transformation with substantial investments in infrastructure, public spaces, and community development. The city’s economy is well-diversified, with strengths in healthcare, education, manufacturing, and logistics, providing a stable economic foundation and a range of job opportunities. Buffalo boasts a mix of historic architecture, cultural attractions, and natural beauty. It has been focusing on revitalizing neighborhoods, enhancing its waterfront, and fostering a lively arts and dining scene. Investing in land in Buffalo opens doors to various development prospects, including residential projects in revitalized neighborhoods, commercial spaces to support local businesses and startups, and recreational facilities to leverage the city’s scenic location along Lake Erie.

Investing in a 1-acre vacant lot in Utica offers a promising opportunity due to the city’s affordability, potential for revitalization, and strategic location in Central New York. Utica, situated in the Mohawk Valley, has been actively working on revitalizing its economy and urban areas. Its diverse economy, with strengths in healthcare, education, manufacturing, and technology, provides a stable foundation and employment opportunities. The city’s investments in infrastructure, public services, and community development enhance its overall appeal to residents and businesses.

#114 MOUNT VERNON

Located just north of the Bronx in Westchester County, Mount Vernon provides suburban living with easy city access. Its economy spans healthcare, education, and retail, offering stability and job opportunities. Mount Vernon’s unique blend of culture, historic architecture, and green spaces is complemented by ongoing revitalization efforts and infrastructure improvements. The land is versatile and suitable for residential, commercial, or revitalization projects.

#123 SCHENECTADY

Situated in upstate New York, Schenectady’s recent resurgence, driven by investments in technology, healthcare, and higher education, has diversified its economy. Key sectors include manufacturing, healthcare, and renewable energy, offering stability and employment prospects. Schenectady boasts cultural amenities, historic sites, and proximity to institutions like Union College.

—Moving Feedback (www.movingfeedback.com) with additional reporting by Christy Hinko

investors a blend of robust economic growth and cultural vitality.

Town Of Hempstead (Photo Getty Images)

What’s The Talk About Town?

Top three things that are trending in real estate market

BY ANTON MEDIA STAFF specialsections@antonmediagroup.com

e real estate market has been dynamic, in uenced by various global and local factors since the COVID pandemic. While speci c trends can vary by location, three broad topics were widely discussed in the real estate sector:

1Market Shifts Toward Buyers

After a prolonged period where sellers had the upper hand due to low inventory and high demand, there were signs of the market shifting. Interest rates had risen, cooling down some of the frenzied buying and slowing home price increases. This shift was beginning to give buyers more negotiating power, more options to choose from, and a bit more time to make decisions. Discussions were centered on how buyers and sellers need to adjust their strategies in this evolving market landscape.

2 The Impact of Remote Work on Housing Preferences

The pandemic accelerated the trend of remote work, leading to a sustained impact on housing preferences. People were no longer bound to live near their workplaces, prompting a migration to suburbs, smaller cities, or even rural areas in search of more space and better affordability. This shift was significantly affecting urban real estate markets, rental markets, and the types of

amenities that homebuyers and renters were prioritizing. The long-term effects of this trend on commercial real estate, particularly office spaces, were also a hot topic of discussion.

3Sustainability and Green Homes

Sustainability became a growing concern among homebuyers, investors, and developers. The demand for energy-efficient, eco-friendly homes was rising, driven by a mix of environmental awareness, increasing energy costs, and in some cases, government incentives. Discussions in the real estate community focused on the integration of green technologies, sustainable building materials, and designs that minimize environmental impact. This trend was not only about new construction but also about retrofitting existing homes to make them more energy-efficient.

These topics reflect the evolving nature of the real estate market, influenced by economic factors, technological advancements, and shifting societal norms. As the market continues to adapt to these changes, the conversations around these topics are likely to evolve as well.

Photo Getty Images

Is A Fixer Upper Right For You?

BY ANTON MEDIA GROUP specialsections@antonmediagroup.com

Deciding whether to buy a new home or a fixer-upper is a significant decision that prospective homeowners face. Each option presents a unique set of challenges and opportunities, and the right choice depends on a variety of factors including budget, timeline, personal skills, and long-term goals. Here’s a comprehensive look at how to navigate this decision, weighing the pros and cons of each option.

Your Financial Situation

Budget: New homes typically command a higher price but come with fewer immediate repair and maintenance issues. Fixer-uppers are often less expensive upfront but require a budget for renovations. Assess your financial situation meticulously, considering not only the purchase price but also the potential costs of renovations, which often exceed initial estimates.

change, and renovation costs can escalate.

Energy Efficiency and Maintenance: New homes are often more energy-efficient and come with newer appliances and systems, reducing maintenance costs and utility bills. Fixer-uppers, depending on their age and condition, might require substantial updates to heating, cooling, plumbing, and electrical systems to become energy-efficient.

Financing: Mortgage options vary between new homes and fixer-uppers. Some loans, like the FHA 203(k) and Fannie Mae HomeStyle, are specifically designed for homebuyers looking to finance both the purchase of a property and the renovations it needs. Understanding these options can help you make a more informed decision

Lifestyle and Preferences

Timeline: If you need to move in immediately, a new home is likely your best bet. Fixer-uppers require time for renovations, which can be unpredictable and extend beyond initial timelines.

Tolerance for Disruption: Living in a home while renovating can be stressful and disruptive. Consider your tolerance for this disruption against the appeal of moving into a ready-to-live-in new home.

Evaluating the Market

Availability: In some real estate markets, the choice between a new home and a fixer-upper may be made for you based on what’s available in your desired area and within your budget.

Resale Value: Consider the future resale value of the property. A well-chosen fixer-upper in a desirable neighborhood can appreciate significantly. Conversely, new homes in growing communities can also be a good investment, though they might not offer the same level of uniqueness as a renovated older home.

Making the RIGHT Decision

Personal Skills: Do you have the skills to take on some of the renovations, or are you willing to learn? If you relish the idea of DIY projects, a fixer-upper can be a rewarding project. If not, the convenience of a new home may be more appealing.

Long-Term Goals

Customization: Fixer-uppers allow for customization. You can create a space that truly reflects your personal taste and needs. New homes might offer some level of customization, but options are often limited to what the builder offers.

Investment Potential: Fixer-uppers can offer great investment potential. Homes that are bought at a lower price and then renovated can sometimes be sold for a significant profit, depending on the market and the extent of the renovations. This is not without risk, as market conditions can

Home Inspection: Before making a decision, invest in a thorough home inspection for any property you’re seriously considering. For fixer-uppers, this can help you understand the scope of work needed and whether the home is a good investment. For new homes, it ensures that everything is up to code and constructed properly.

Consult with Professionals: Speak with real estate agents, contractors, and financial advisors who can provide insights into the local market, renovation costs, and financing options. Their expertise can help guide your decision.

Reflect on Your Commitment: Finally, reflect on your commitment to the project. A fixer-upper can be a years-long commitment that requires not just financial investment but time and emotional energy. Ensure you’re ready for the journey ahead.

Choosing between a new home and a fixer-upper involves a careful assessment of your financial situation, lifestyle, personal preferences, and long-term goals. While new homes offer convenience and modern features, fixer-uppers provide an opportunity for customization and potentially greater investment returns. By thoroughly evaluating each option against your unique circumstances and with the help of professionals, you can make a decision that best suits your needs, aspirations, and capabilities, setting the stage for a happy and fulfilling home life.

Photo Getty Images

Getting your home prepped and

interest requires a strategy. With an eye for staging, high-quality photography that stands out, and the ability to determine the right pricing, I ensure buyers see your home’s greatest potential. Contact me today to see your home in my portfolio.

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For Such An Amazing Start to 2024

As

Down Payment Assistance Programs Can Pave The Way To Homeownership

Saving for a down payment can be challenging. If you’re looking to buy a home, your down payment doesn’t have to be a big hurdle. According to the National Association of REALTORS (NAR), 38 percent of first-time homebuyers find saving for a down payment the most challenging step. But the reality is, you probably don’t need as much as you think.

Median down payments may be lower than you think. Data from NAR shows the median down payment hasn’t been more than 20 percent since 2005. In fact, the median down payment for all homebuyers today is only 15 percent. And it’s even lower for first-time homebuyers—eight percent. Because that’s the median, it implies that you don’t have to put that much down. Some qualified buyers put down even less.

For example, there are certain loan types, like FHA loans, with down payments as low as 3.5 percent, as well as options like VA loans and USDA loans with no down payment requirements for qualified applicants. There are also many down payment assistance programs that may be able to help you with your down payment.

First-Time and repeat buyers are often eligible for down payment assistance.

According to Down Payment Resource, there are thousands of programs available for homebuyers—and 75 percent of these are down payment assistance programs. First-time buyers are not the only ones eligible for down payment assistance either. No matter where you are in your homebuying journey, there could be an option available for you.

Your local real estate professional is the best person to begin searching for more information about down payment assistance programs that you may be eligible for. They’ll be able to share more information about available programs, including additional programs for specific professions or communities.

OneKeyMLS.com makes finding down payment assistance easy.

When searching listings on

OneKeyMLS.com, as of Dec. 2023, 74 percent of all OneKey MLS listings are eligible for at least one type of down payment assistance program.

Additional Resources

Here are a few down payment assist ance programs that are helping many of today’s buyers achieve their dream of homeownership:

• Teacher Next Door is designed to help teachers, first responders, health providers, government employees, active-duty military personnel and veterans reach their down payment goals.

• Fannie Mae provides down payment assistance to eligible first-time homebuyers living in majority-Latino communities.

• Freddie Mac also has options designed specifically for homebuyers with modest credit scores and limited funds for a down payment.

• The 3By30 program lays out actionable strategies to add three million new Black homeowners by 2030. These programs offer valuable resources for potential buyers, making it easier for them to secure down payments and realize their dream of homeownership.

• For Native Americans, Down Payment Resource highlights 42 U.S. homebuyer assistance programs across 14 states that ease the path to homeownership by providing support with down payments and other associated costs.

Achieving the dream of homeownership may be more within reach than you think, especially when you know where to find the right support. Direct your questions to a local real estate expert who can guide you through the search process as you learn what you may be eligible for.

—Courtesy of OneKeyMLS, adapted from Keeping Current Matters

Photo Getty Images

Heigh-Ho, Heigh-Ho, It’s Home From Work We Go Buying a home and your commute

BY ANTON MEDIA STAFF specialsections@antonmediagroup.com

When house hunting, it’s easy to get caught up in the aesthetics of a potential new home—the layout, the yard, the neighborhood. However, one critical factor that can signi cantly impact your daily life is often overlooked until after the keys are handed over: the commute.

e daily journey to and from work can a ect your quality of life, your nancial situation, and even your physical and mental health. Here are several considerations to weigh regarding your commute when purchasing a home.

The Length of the Commute

Research has consistently shown that longer commutes are associated with higher levels of stress, lower satisfaction with life, and even poorer health. Before making an offer on a house, simulate the commute during rush hour, not just on a relaxed weekend day. Understand what you’re committing to on a daily basis. Is the extra bedroom worth an additional 30 minutes on the road? Only you can decide, but be aware of the trade-off.

Mode of Transportation

Consider how you’ll be getting to work. If you’re driving, assess the traffic patterns and parking availability. For public transit users, identify the nearest stations or bus stops, the frequency of service, and the total travel time including transfers. If you’re considering cycling or walking, check the safety and availability of bike lanes or sidewalks. Each mode of transportation has its own set of costs, benefits, and considerations.

Commuting Costs

The expenses associated with commuting can add up quickly. For car owners, factor in fuel, parking, tolls, and increased maintenance costs. Public transit users should account for fares and possibly the cost of getting to and from the station. If you’re moving further out to get more home for your money, ensure that the commuting costs don’t eat into those savings. Remember, these expenses will recur monthly, affecting your overall budget.

Work Flexibility

With the rise of remote work, consider how often you’ll actually need to commute. If you have the flexibility to work from home part or most of the time, a longer commute might be more tolerable. However, it’s also important to consider the possibility of future changes in work policy or even job changes

that might require a return to the office full-time.

Time Investment

Time is a finite resource, and hours spent commuting are hours not spent elsewhere—be it with family, hobbies, exercising, or relaxing. Consider the impact of the commute on your work-life balance. Are you okay with leaving earlier in the morning and getting home later in the evening? The answer might change depending on your life stage and priorities.

Stress and Well-being

The stress of a long or difficult commute can take a toll on your well-being. Traffic congestion, unreliable public transportation, or unsafe cycling conditions can start or end your workday on a sour note. Consider the stress level associated with the commute and its potential impact on your mental health.

Environmental Impact

For those concerned with their environmental footprint, the mode and length of your commute matter. Living further out often means relying more on personal vehicles, which typically contribute to greater carbon emissions. On the other hand, using public transportation, carpooling, biking, or walking can lessen your environmental impact.

Future Commute Changes

Consider potential changes to your commute in the future. Are there planned infrastructure projects that might improve or worsen commuting conditions? Could your workplace relocate? While you can’t predict every possibility, being aware of planned developments in the area can help you make a more informed decision.

Impact on Property Value

Finally, the ease of commute from a particular location can influence property values. Areas with shorter commutes or better access to public transportation often have higher property values and may retain their value better over time. This can be an important consideration for your investment in the long run.

When buying a home, the commute is a crucial factor that warrants careful consideration. It’s not just about the distance but the quality of life, the cost, the time, and the impact on your well-being. A home that fits your needs is important, but so is ensuring that the journey to and from that home doesn’t detract from your overall happiness and satisfaction. By thoroughly evaluating the commute before making a purchase, you can make a more informed decision that aligns with your lifestyle and long-term satisfaction.

Photo Getty Images

BONNIE’S WATERFRONT LISTINGS

Sands Point, NY – “Serenity by the Sound”

Stunning, sophisticated, richly detailed, this magni cent contemporary residence sits on over 2 acres, with 300 ft. of sandy beach on Long Island Sound. The home itself is a mid-century marvel with oor-to-ceiling glass walls that provide dazzling water views no matter where you are in the house. The spacious patio o ers an impeccable entertainment space, and a private outdoor shower marries function with luxury for this waterfront oasis. A charming pergola replete with outdoor seating is ideal for enjoying the gorgeous panorama. The mid-century modern lines, elegant curves, and expansive windows make this home a true architectural treasure and the epitome of an idyllic retreat. A Masterpiece Collection Listing.

MLS# 3397349 | $8,800,000

Sands Point, NY – “The Lindens”

Exceptional opportunity to rent this spectacular unfurnished waterfront estate. Experience timeless elegance at The Lindens, a gracious estate nestled on 5.86 acres of meticulously landscaped Long Island Sound waterfront. With 187 feet of sandy beachfront and breathtaking water vistas, this distinguished residence is beautifully and practically designed. O ering a light lled kitchen with custom cabinetry, and top of the line appliances. Enjoy leisurely days by the sparkling swimming pool or on the all-weather tennis court, seamlessly integrated into the enchanting gardens.

MLS# 3531590 | $38,000/month

TAKING THE HELM

THROUGH THE REAL ESTATE MARKET

My treasure throughout the past 50 years is BECAUSE OF YOU. I am grateful for the special relationships we’ve shared along the way.

Bonnie Doran Associate Real Estate Broker Gold Circle of Excellence

Port Washington O ce 516.883.2900, c.516.729.5663 bonniedoran@danielgale.com

From Farmhouse To Cottage

Here are the most Instagrammable kitchen styles

Modern kitchens have been named the most Instagrammable kitchen style, according to a new study.

The experts at CabinetSelect analyzed the biggest kitchen styles on Instagram to reveal which design proved most popular on the platform. Variations of hashtags related to each style were identified and posts totaled to reveal the most Instagrammable kitchen style.

The number one kitchen trend on Instagram is modern, accumulating 1,340,692 posts on the platform. Renowned for sleek flat surfaces, angular designs, and clean lines, modern kitchens are the calm centerpiece of many homes due to their open space and simple color palettes.

Farmhouse ranked as the second most popular kitchen trend on Instagram with 1,109,765 posts. This classic look has blown up on social media over the last few years, with homeowners choosing to bring the natural, cozy look of a farmhouse into the kitchen with quality hardwood counter tops, wooden tables, paneling, beams and various extra accessories.

Country is the third most Instagrammable kitchen style. Users on the platform have shared 471,611 posts related to the style, more than almost every other trend. Much like farmhouse, country-style kitchens embrace natural materials and bright neutral colors. Whether you want a modern country kitchen with white cabinets or a classically designed kitchen featuring wooden fixtures, this trend can be styled to your preference.

More and more people are opting for a rustic kitchen, with the trend placing fourth among the most popular kitchen styles on Instagram. Posts related to rustic kitchens totaled 178,603, with users on the platform showcasing inspiration for beautifully designed, vintage spaces. Rustic embraces classic design choices like open shelving, and authentic, aged wooden counter tops alongside earthy tones and colors to make your kitchen feel warm and welcoming.

Shaker-style kitchens are the fifth most popular kitchen style on Instagram with 178,017 posts. The trend gets its name from the type of kitchen cabinet which is found in spaces styled with this simple design. Shaker cabinets are designed to make your kitchen a more functional space without comprising on your decor. Featuring symmetrical cabinets with a flat center panel and square edges, shaker style kitchens are minimal in design with very little decoration.

Cottage is the sixth most Instagrammable kitchen style, accumulating 163,180 posts on the platform. Creating a cozy, warm cottage-style kitchen is a popular choice among decor enthusiasts.

The style has become synonymous with floral patterns, rustic finishes, warm wood, wicker baskets, kitchen islands, and more. Decorators use natural colors and decorative accessories to bring the cozy cottage feel to your kitchen.

With approximately 131,338 posts on Instagram, contemporary is the seventh most popular kitchen style on the platform. Contemporary kitchens adopt the sleek flat surfaces associated with the modern style. But rather than using these types of fixtures to create a simple, clean environment, contemporary kitchens often feature more homely elements along with contrasting counter and cabinet colors to make the space that little bit more distinctive.

Industrial is the eighth most popular kitchen style, according to Instagram. Users have shared 92,599 posts with hashtags related to industrial kitchens. Focusing on form and functionality, industrial style kitchens normally feature minimal decor and open floors to capture the practical appeal of commercial spaces. When styling an industrial kitchen, people tend to avoid traditional decorative elements for a clean, efficient kitchen area.

Despite new and exciting trends catching the eye of homeowners, traditional still remains one of the most popular kitchen styles. Ranking ninth on the study with 84,934 posts on Instagram, traditional kitchens incorporate many of the classic designs to create timeless spaces. From beautifully painted cabinets to granite counter tops, hardwood floors, muted color palettes, and more, traditional kitchens ooze warmth and elegance.

French is the final trend to feature among the 10 most popular kitchen styles on Instagram with 74,322 total posts. French-style kitchens are heralded for combining rustic and chic decor, using neutral colors and natural materials to bring a timeless kitchen space to life. These spaces typically have the aura of a farmhouse kitchen with an extra level of sophistication inspired by the styles and designs of Paris.

Chris Alexakis, Co-Founder of CabinetSelect, commented on the study: “While modern-style kitchens were named the most popular on Instagram, six of the 10 most popular styles embrace natural decor.

“Despite kitchens mainly serving as a functional cooking space, an increasing number of homeowners are opting for more homely, classic designs that combine coziness with functionality. It will be interesting to see if modern, minimal designs surge in popularity over the coming years or whether warm, cozy kitchens remain ever popular among social media users.”

—CabinetSelect (cabinetselect.com) with sources from Instagram

Photos from Getty Images

Property Investing

New research reveals the states most interested expanding their investment portfolios

Is it any surprise that New York tops the list for state where the most people are interested in real estate investing?

The research, conducted by Premier DSCR Lender Visio Lending, analyzed Google search data to determine which states are most interested in investing in property. The study combined 11 common search terms related to property and real estate to reveal the average monthly search volume in each state. The states were then ranked from ‘most interested’ to ‘least interested’ based on searches per 100,000 of their population.

With an average of 123 searches per 100,000 people each month, New York is the state most interested in investing in property. The Empire State averaged over 24,000 (24,313) monthly searches over the past year, with 7,475 of those being for the term ‘real estate investment trusts’.

“The study found that the

national monthly search volume for terms related to property and real estate averaged more than 268,000 over the past year, which suggests that thousands of people are interested in investing in property,” said Jeff Ball, CEO of Visio Lending. “The results allow us to visualize where large proportions of those searches are coming from, which is both fascinating as well as important for anyone connected to the industry.”

the state averaged just over 7,500 average monthly searches over the past year, there were 108 searches per 100,000 population.

Like New York, ‘real estate investment trusts’ was the phrase most searched for (2,442).

New Jersey ranked in third.

investment’.

California ranked in fourth for states most interested in investing in property. The Golden State had the highest average monthly search volume of any of the states in the top 10 but fell just short of 100 (99) searches per 100,000 people.

Massachusetts ranked in second for the states most interested in investing in property. Although

The Garden State was the only other state to average 100 or more searches per 100,000 people. 1,250 of the 9,258 average monthly searches in New Jersey were for the term ‘real estate

With 98 average monthly searches per 100,000 people, Maryland ranked in fifth. More than 1,800 (1,803) of the 6,035 average monthly searches in the entire state were for the term ‘real estate investment trusts.’

One less search per 100,000 people (97) meant that Georgia ranked in sixth for the states most interested in investing in property. 1,525 of the 10,580 average monthly searches in the state were for the

phrase ‘real estate investment’. Meanwhile, Hawaii ranked in seventh with an average of 94 searches per 100,000 people.

Similarly to Hawaii, Virginia and Colorado also averaged 94 searches per 100,000 people. Like most of the top 10, the most searched-for for term in both states was ‘real estate investment trusts.’

With an average of 90 searches per 100,000 people, Washington rounded off the 10 states most interested in investing in property.

On the opposite end of the scale, West Virginia is the state least interested in investing in property with an average of 31 searches per 100,000 people. It is also the only state to average fewer than 40 searches per 100,000 people.

Mississippi (42), South Dakota (44), Kentucky (44) and Iowa (45) all averaged 45 or less searches per 100,000 people.

—Visio Lending, sourced from Google Keyword Planner

Photo Getty Images

Home Maintenance Checklist

Following an annual maintenance routine helps homeowners avoid costly repairs, property damage, and keeps home a happy, healthy, and safe place for family and visitors alike.

In New York, some March days are perfect for outdoor adventures, while other March days practically demand cozy indoor activities. Take advantage of the unpredictable weather we can always rely on to tackle home maintenance tasks both indoors and out to ensure your home stays in top shape as we spring forward this month.

Make the most of the variations in weather patterns to complete the transition from winter to spring. You may have completed some of these tasks in February—so feel free to check them off your list now.

Inside Tasks

❏ Inspect and Service HVAC Systems: Regular maintenance of heating, ventilation, and air conditioning units and systems ensures they’re operating efficiently and helps prevent costly breakdowns or interruptions in service. This is also the time to clean or change out air and water filters.

❏ Check and Replace Batteries: Change smoke detector and carbon monoxide detector batteries to ensure they’re functioning properly to alert you to potential dangers. This is crucial for home safety. A good rule of thumb is to check the batteries when you change your clocks 2x yearly.

❏ Windows: Inspect windows and window screens. Patch any holes and reattach loose mesh. Check that the frames are undamaged and securely attached and that the hardware is tightened appropriately.

❏ Seal windows and doors: Check for drafts around windows and doors. Seal any gaps or cracks to improve the efficiency of cooling and heating systems.

❏ FCI Outlets: Test and reset the GFCI outlets to ensure they’re operating properly. GFCI outlets are typically installed in close proximity to water sources to protect against electric shock hazards. They’re designed to shut off power to the outlet if they detect that electricity is flowing along an unintended path and

potentially creating a dangerous environment. These outlets contain a reset button which must be manually engaged once the safety mechanism is engaged.

❏ Ceiling Fans: Inspect and clean ceiling fans from dust build-up over the wintertime. Clean and replace the bulbs as needed. Switch the direction of the blades to improve air quality and circulate warm air up and away from living spaces.

Outside Tasks

❏ Gutters: Inspect and repair any damage that’s occurred to the rain gutters over the winter. Clean out any debris that has fallen or clogged up the water channel to ensure that water is draining properly away from the foundation of the home.

❏ Trees and Shrubs: Trim back any tree branches or shrub overgrowth that could cause roof, siding or foundation damage before the spring thaw. It’s healthy for most, not all, trees and shrubs to be pruned back now prior to the warmer weather when they begin to store nutrients in their branches and leaves again. Do your homework to ensure you’re pruning safely. Note any tree roots that have begun to disrupt walkways and any plants that have been uprooted in the inclement weather.

❏ Lawn Care: Remove debris,

aerate and overseed the lawn now to prepare for healthy spring growth. For professional lawn care, this is the time to schedule your first seasonal appointment to plan out your yardscape for the coming months.

❏ Lighting: Check outdoor lighting fixtures for damage, including the bulbs, wirings, and casings. Replace burnt-out bulbs and add fixtures where necessary. Solar-powered outdoor lighting has evolved greatly in the last few years, which allows lighting to be added to fences, landscape, and other parts of property, where battery-operated lights may have been unreliable and where exterior electric lines weren’t feasible.

❏ Wooden Structures: Inspect all wooden surfaces for signs of rot and weathering. Replace the boards as needed. Apply a fresh coat of sealant or paint to protect against further damage.

Final Thoughts

Sump pump maintenance often gets overlooked, but it is a critical task which homeowners must be vigilant about completing. Sump pumps remove excess water that accumulates due to inclement weather or through regular sewage removal. If a sump pump fails or malfunctions, the basement may flood, the home’s foundation may lose structural integrity due to moisture damage, and the air quality of the home can suffer due to mold growth and bacterial infiltration. Ensure the sump pump turns on— pour water down the drain and listen for the activation and the removal of water. It’s usually very apparent when a sump pump is working properly. Clean the sump pit and remove any debris that could interfere with the pump’s operation. Inspect the pump and replace any parts that may have worn down over time.

Call a professional to conduct a thorough inspection and complete maintenance annually. Like many other home maintenance tasks, you will save money by investing in maintenance regularly instead of waiting for disaster to strike.

—Courtesy of OneKeyMLS (onekeymls.com)

Photo Getty Images

Fair Housing Campaign Focuses On Disabilities

Long Island Board of REALTORS (LIBOR) launched the next phase of its Home For All Of Us fair housing initiative, with a new focus on ensuring fair housing access for people with disabilities. LIBOR released a suite of resources to help its members and others in the real estate sector understand and follow relevant laws and regulations so they can best serve people with disabilities.

According to the 2023 National Fair Housing Trends Report, disability discrimination was the most reported form of housing discrimination in the country, by a wide margin. This is a trend LIBOR and its REALTOR members are working hard to reverse.

“REALTORS, property owners, real estate brokers and property managers are central to delivering fair access to housing for people with disabilities,” said Doreen

Chris Heller, a real estate expert, has identified the interior decor choices likely to put off prospective homebuyers—with pastel colors named the biggest offender. The findings, compiled by real estate experts Agent Advice, follow an analysis of decor-related Google searches made nationwide and across each state last year to identify the most and least popular home features and design elements.

“When listing your home for sale, those that are decorated well are more visually appealing and therefore more likely to stick in buyers’ minds,” Heller, co-founder of Agent Advice said. “Many buyers will even be willing to pay more for an aesthetically pleasing property as it requires less immediate renovation or redecoration.”

Anyone looking to list their property for sale may want to consider making simple changes to better suit buyers’ preferences over the next few months, as spring (March through May) is generally considered the best time to sell your home.

“This gives you an advantage in the competitive real estate market, particularly during peak periods like March, April, and May,” Heller said. “Staging your rooms in a way that feels inviting and comfortable makes it easier for buyers to imagine themselves living in the property, whether viewing it in person or online. Hence, the

Spagnuolo, LIBOR Interim CEO. “We take this responsibility seriously and are committed to playing our part to ensure Long Island REALTORS understand how best to serve all members of our community.”

The new LIBOR resources, which are available to homebuyers and renters, as well as the general public, cover critical topics such as reasonable modifications and accommodations; service and support animals; and real estate office and websites accessibility. These resources build on the first set released earlier this year, which focused on source of income.

“By ensuring that everyone can choose where they live, those of us who call Long Island home have an opportunity to build stronger communities, support more stable neighborhoods and create a more attractive environment for businesses to relocate and grow here,” continued Spagnuolo. “This is our message to our fair housing partners, public officials and anyone with a stake in making Long Island home for all of us.”

—Long Island Board of REALTORS, Inc. (LIBOR)

Following as the third most offputting choice is antique farmhouse decor, which includes things like wall paneling, hardwood flooring, and rustic brass hardware.

Similarly, the fourth least popular decor decision is upcycled furniture, with many fans of a farmhouse aesthetic thrifting and repurposing vintage pieces for their home.

decor is really key.”

No Deal Interior design choices that are keeping you from selling your home

And it turns out that sellers who incorporated pastel colors into their decor after they rose in popularity early last year may want to redecorate, as they’re the least appealing color palette to prospective buyers right now.

Pastel colors—especially pink, baby blue, and lilac—dominated social media over the last year due to things like the

Barbie film release and an appreciation for retro hues, but their popularity has clearly waned as we head into the peak 2024 season.

The second design choice that’s likely to turn buyers off your home came out as scalloped furniture, which also saw a rise in demand last year, especially among homeowners who favor a vintage, doll-like or ‘mermaid-core’ aesthetic.

Revamping old furniture proved especially popular on social media in the last year, as creators share their passion projects, but it seems many buyers may struggle to see the appeal—especially if they prefer a modern or sleek aesthetic.

Rounding out the five design choices that sellers should rectify is incorporating industrial elements, the middle point between modern and farmhouse aesthetics.

However, the use of exposed metal, minimalist features, and bare bricks inspired by industrial spaces like factories may prove offputting to some who see it as ‘cold.’

Also among the least desirable decor choices are Scandinavian elements—characterized by a minimalist approach and blend of textures—followed by botanical wallpaper, vintage decor, gold cabinet hardware, and geometric wallpaper.

—Submitted by Agent Advice (agentadvice.com); data gathered from Google Keyword Planner.

Photo Getty Images

Step into this impressive and stately brick 6 bedroom colonial in the sought-after Village of Flower Hill, and you will immediately appreciate the finest craftsmanship and custom finishes throughout its over 7,100 square feet of luxury living. With grand, formal rooms perfect for entertaining and casual spaces to cozy up by the fire, play a game of pool, host a movie night, work, exercise, and relax, this fine residence offers a retreat for the entire family. Special highlights include a modern eat-in kitchen with a large center island, adjoining family room with fireplace, a custom billiard room and finished lower level with recreation room, home cinema and guest suite. The second floor features a serene primary suite, 2 additional large bedrooms each with a new en-suite bathroom, and an additional 2 bedrooms that share a spacious bathroom. Set on an acre of landscaped property with complete privacy at the end of a cul-de-sac, yet minutes from train, town and schools. Munsey Park Elementary School. For a private showing, contact Ann Hance at 516.660.1680

A Comprehensive Guide To Obtaining Your Real Estate License: From Aspiration To Achievement

BY ANTON MEDIA STAFF specialsections@antonmediagroup.com

Venturing into the world of real estate can be an exciting and lucrative career path, but the rst critical milestone on this journey is obtaining your real estate license. Navigating the licensing process requires a blend of education, preparation, and adherence to state-speci c requirements. In this comprehensive guide, we will walk you through the essential steps to help you successfully obtain your real estate license and embark on a ful lling career in real estate.

Research State Requirements

Begin by researching the specific requirements outlined by the real estate licensing authority in the state where you plan to practice. State regulations regarding age eligibility, pre-licensing education, and examination criteria can vary significantly.

Visit the official website of the state’s real estate commission or licensing board to access accurate and up-to-date information. Additionally, you can contact these entities directly for clarification on any queries.

Pre-Licensing Education

Most states mandate completion of pre-licensing education as a prerequisite for obtaining a real estate license. These courses cover fundamental aspects of real estate, including legal principles, property valuation, and transaction procedures.

Choose a reputable and state-approved educational provider. Options include

in-person classes, online courses, or a hybrid approach. Ensure that the curriculum aligns with your state’s requirements and provides comprehensive coverage of key topics.

Prepare for the Licensing Exam

The real estate licensing exam is a pivotal step in the process, assessing your knowledge of both national and state-specific real estate concepts.

Utilize study materials, practice exams, and review courses to thoroughly prepare for the exam. Many states provide detailed exam content outlines and study guides to help you focus your preparation on essential areas.

Take and Pass the Licensing Exam

Schedule the licensing exam with a state-approved testing service. The exam typically consists of two parts: a national section covering general real estate principles and a state-specific section focusing

on local regulations.

On the exam day, arrive well-prepared and confident. Upon successful completion, your state’s real estate commission will provide you with your exam results. Aim for a passing score to proceed to the next phase of obtaining your license.

Submit Your License Application

Once you have successfully passed the licensing exam, it’s time to submit your license application to the state’s real estate commission.

Prepare the necessary documentation, including proof of completed education, exam results, and any additional requirements specified by your state. Some states may necessitate background checks and fingerprinting as part of the application process.

Associate with a Real Estate Broker

In most states, newly licensed real estate professionals are required to work under the supervision of a licensed real estate broker. Choosing the right broker is a crucial decision that can profoundly impact your early career experiences.

Research potential brokers, considering factors such as reputation, training programs, commission structures, and the level of support offered to new agents. Aligning yourself with an experienced and supportive broker can accelerate your learning curve and pave the way for success.

Join a Multiple Listing Service (MLS)

Enhance your effectiveness as a real

estate professional by joining a local Multiple Listing Service (MLS). The MLS is a powerful tool providing comprehensive information on available properties, recent sales, and market trends.

Access to an MLS equips you with valuable insights, enabling you to stay informed about property availability, pricing strategies, and market dynamics. This knowledge is instrumental in offering superior service to your clients.

Fulfill Post-Licensing Requirements

Some states impose post-licensing education requirements that must be completed within a specified timeframe after obtaining your license. These courses aim to deepen your understanding of real estate practices and ensure ongoing professional development.

Obtaining your real estate license is a transformative journey that requires dedication, education, and meticulous adherence to state regulations. By meticulously following the steps outlined in this comprehensive guide, you can navigate the licensing process with confidence. Once licensed, you’ll be equipped to embark on a fulfilling career, helping clients navigate the complexities of real estate transactions and contributing to the vibrant and ever-evolving real estate industry. Remember, success in real estate often hinges on continuous learning, client-focused service, and a passion for the intricacies of the property market.

Photo Getty Images