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Donna Cox
Better Homes and Gardens Rand Realty
Nyack, NY 10960
845-641-8613
Contact Me

See What My Clients Have To Say...

I can’t imagine working with a better agent - EVER. I know you do what's right for your clients and in these times of craziness it's nice to feel so comfortable working with you. I know you're our agent but we really feel like you looked out for us like a friend. I only hope we're friends after all the dust settles because you're a good person and such people are few and far between. (E. & S. W. - West Nyack)
Best. Greatest. Knowledge above all. Pleasant. Interested. Caring. Professional. Never met a lady like Donna Cox. Donna kept us updated all the time. She was lovely to work with and really was concerned about us and selling our home. She marketed our home professionally and kept our needs as her priority. I have sold many properties but have never met a real estate agent like Donna. I wish I had more homes to sell because I will miss working with her. As a disclosure we have no family relationship with Donna, we just love her. Hire her. (B. & N. K. – Montebello, NY)
You said at the outset that you wanted to change our minds about your profession, seeing as we'd been burned previously. I can't say you succeeded in convincing us about everyone, but you did change our minds about you. We just know that all agents aren't like you and don't necessarily have your ethic. Which is good for you and good for us. On behalf of our whole family I want to thank you so much for everything. (S.F., Upper Nyack)
As the saying goes "the proof is in the pudding". My Nyack condo sold for full price in less than 2 months. The handling of my account from listing right through to closing was executed with extreme professionalism and courtesy. Donna Cox exemplifies the term "Realtor". Donna picks up on phrases that you mention regarding the property and incorporates them into the description of the property. The care and detail of the photography contributes greatly to how the property is presented to the market. She could give a course on marketing techniques. (A.C. – Upper Nyack)
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Real Estate with Donna Cox

58% of Homeowners See a Drop in Home Values Coming

58% of Homeowners See a Drop in Home Values Coming | Simplifying The Market

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years.

After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very little in common with what happened last decade.

The two major causes of the housing crash were:

  1. A vast oversupply of housing inventory caused by home builders building at a pace that far exceeded historical norms.
  2. Lending standards that were so relaxed that unqualified buyers could easily obtain financing thus enabling them to purchase a home.

Today, housing inventory is at a 20-year low with new construction starts well below historic norms and financing a home is anything but simple in the current mortgage environment. The elements that precipitated the housing crash a decade ago do not exist in today’s real estate market.

The current increase in home prices is the result of a standard economic equation: when demand is high and supply is low, prices rise.

If you are one of the 58% of homeowners who are concerned about home values depreciating over the next two years and are hesitant to move up to the home of your dreams, take comfort in the latest Home Price Expectation Survey.

Once a quarter, a nationwide panel of over one hundred economists, real estate experts and investment & market strategists are surveyed and asked to project home values over the next five years. The experts predicted that houses would continue to appreciate through the balance of this year and in 2018, 2019, 2020 and 2021. They do expect lower levels of appreciation during these years than we have experienced over the last five years but do not call for a decrease in values (depreciation) in any of the years mentioned.

Bottom Line

If you currently own a home and are thinking of moving-up to the home your family dreams about, don’t let the fear of another housing bubble get in the way as this housing market in no way resembles the market of a decade ago.

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Sellers: Your Home is an Oasis in an Inventory Desert

Sellers: Your Home is an Oasis in an Inventory Desert | Simplifying The Market

First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand!

According to the National Association of Realtors (NAR), the inventory of homes for sale dropped 7.1% year-over-year to a 4.3-month supply and is down for the 25th consecutive month.

Some homeowners may be hesitant to list their homes for sale because they are worried that they will also have a problem finding a home to buy and move in to. This is a legitimate concern; no one wants to sell their home quickly and not have anywhere to live.

But there is good news! If you are thinking of moving up to a luxury or premium home, there is more inventory available in these markets and you may even get a great deal on a home that has been on the market for a while.

If you are the owner of a starter home and you are looking to move into a trade-up home, or if you are just looking to relocate to a new area in a home of the same size, there is still hope!

In many markets, homeowners are building contingency plans into their contracts. This means that the homeowner builds in extra time before they close in order to find their dream home and they are upfront about the contingency with any buyers who come to see the house.

Your home is an oasis to buyers who are searching for homes in today’s market. The right buyers will sympathize and wait for you and your family to find your next home.

Bottom Line

Don’t let the fear of not finding a home to move in to stop you from moving on with your life. Let’s get together to discuss ways to set expectations with potential buyers from the start.

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Homes Are Selling Quickly Nationwide

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in June. This is a slight increase from the 27 days reported in May, but down from 34 days reported a year ago.

54% of homes across the country were on the market for less than a month in June!

Among the 27 states with homes selling in 30 days or less are Washington, Utah, California, and Colorado. The map below was created using results from NAR’s Monthly Realtors Confidence Index Survey.

Homes Are Selling Quickly Nationwide | Simplifying The Market

Bottom Line

Buyer demand is increasing as the inventory of homes available for sale remains low. If you are thinking about listing your home for sale this year, let’s meet up so I can help you take advantage of current market conditions!

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Donna Cox | 845-641-8613 (Cell) | Contact Me
46 South Broadway - Nyack, NY 10960

845-358-7171 (Office)
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