Author: barthorowitz

Staten Island Realtors Continue Tradition of Bringing Holiday Cheer to Local Seniors

SIBOR volunteers hand-deliver gifts to nursing home residents STATEN ISLAND, N.Y. –  Volunteers from the Staten Island Board of Realtors (SIBOR) continued their organization’s annual Adopt-a-Senior initiative for the 17th straight year with visits to nursing home residents across the borough. The program provides personally requested holiday  gifts to Staten Island senior citizens who are alone, mainly without family, friends or loved ones to be with them. Adopt-a-Senior is among the many ways SIBOR makes personal commitments to the same community where its member Realtors reside and work. “This tradition is a winning experience for all involved, said Greg...

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How the Latest Housing Trends are Impacting First-Time Home Buyers

The National Association of REALTORS®’ 2017 Profile of Home Buyers and Sellers shows current consumer housing trends that affect first-time buyers, including mounting student debt balances and smaller down payments. Here are some of the findings: Characteristics of first-time buyers The median age of first-time buyers was 32 years old, and first-time buyers saw their household income grow from $72,000 a year ago to $75,000 in 2017. First-time buyers purchased a slightly smaller home (1,640 square feet compared to 1,650 square feet in 2016) that was also more expensive ($190,000 versus $182,500 in 2016). Fewer first-time buyers purchased a home...

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Top 5 Financial Reasons for Owning a Home

The American Dream of homeownership is alive and well on Staten Island, with home prices continuing to gain traction. The Median Sales Price in October increased 8.3 percent to $532,500, and the Days on Market was down 18.8 percent to 69 days. Recent reports show that the U.S. homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we are highlighting the TOP 5 FINANCIAL REASONS  you should own your own home.  1) Homeownership is a form of forced savings Paying your mortgage each...

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Staten Island Board of Realtors Determines Leaders for 2018

STATEN ISLAND, N.Y. – Next year’s leaders of Staten Island’s largest professional organization have been determined. Elections held in October completed the selection of directors of the Staten Island Board of Realtors (SIBOR) for 2018. Officers elected at an earlier time include: Michael Blasi, president, Joseph Tirone, president-elect, and Laird Klein, secretary/treasurer. The elections, which took place in the Excelsior Grand, New Dorp, resulted in the following individuals being named, or reaffirmed, to SIBOR’s Board of Directors for 2018: Sandy Krueger, CEO; Greg A. Sokol, immediate past president; Dawn M. Carpenter; Michael Dukhovny; Erica A. Orlando; Angelo R. Pappalardo;...

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SIBOR Honors Outstanding Members, Community-Service Role Model

STATEN ISLAND, N.Y. – Real estate professionals and others making a positive mark in Richmond County were recently lauded by the Staten Island Board of Realtors (SIBOR). The honor ceremony took place Oct. 19 during SIBOR’s Annual Membership, Elections and Awards Meeting at the Excelsior Grand, New Dorp. “Each year, SIBOR’s annual award presentations shine a light on some of the best, most caring people among us, and this year’s honorees uphold that tradition,” said Greg A. Sokol, president of SIBOR. Kept under wraps until the gathering, were SIBOR’s 2017 Realtor of the Year and Realtor Associate of the Year...

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