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Anthony Stokes-Pereira

Remember To Send Easter Greetings

Easter.jpgThe Easter bunny is hopping down the bunny trail. Have you sent your favorite people and clients an Easter eCard, post card, email or agereral mail. Easter time fills us with hope, joy, warmth. It is a time for celebrations, for coming together with friends, family and reveling in the warmth of Spring time. On this season of new beginnings, renew your ties with friends and family.

Celebrate St. Patrick's Day on March 17

St Patricks Day.jpgRemember to Celebrate St. Patrick's Day the luck of the Irish with all of your clients by sending them a St. Patrick's Day eCards, post card, email, direct mail or a phone call.

Just like many other holidays in the United States, St. Patrick's Day has its origins in ancient times. A young boy named Patrick lived in the British Isles, a land that had been invaded and conquered first by the Romans and then by Germanic tribes. Patrick was captured and taken as a slave from the British Isles to what is now Ireland. He lived there for several years herding sheep. He was a religious boy and he prayed that he would someday return to his homeland.

Legend has it that one night while he was praying, a voice told him to escape from the farm, and find a ship that was waiting for him two hundred miles away. Patrick got to the ship, sailed to Europe, and disembarked in what is now probably France. He led several of the ship's crew through a dangerous forest, praying all the time. Neither Patrick nor any member of his crew was captured. When some of the men were about to die of starvation, wild animals appeared for them to eat. Events such as these appeared to be miracles and gave rise to later legends surrounding Patrick.

St. Patrick died on March 17 and the Irish people set aside the day to mourn. He became the patron saint of Ireland. Mourning turned to commemorating him and celebrating his life. Americans have inherited this custom. On St. Patrick's Day in the United States, millions of people celebrate whether they are Irish or not!

Thinking Of Buying A Home

Thinking of buying a home and if you can afford it, NOW is a great time to buy. Mortgage interest rates remain very low. In many areas, buyers have a lot of inventory from which to choose and long-term homeownership continues to be one of the best ways for the typical American to build wealth. Don't let all of the negative media attention about the "mortgage meltdown" keep you from pursuing your homeownership dream. Mortgage industry woes are primarily limited to subprime loans and other types of creative and comparatively risky financing products.

While the mortgage industry stalled briefly to reconsider its more exotic loans, there is plenty of conventional financing available for qualified homebuyers. Interest rates remain at historically low levels - still less than 7% for the typical, 30-year fixed-rate mortgage. Indeed, the market has changed. It's gone from a frenzied seller's market to calmer buyer's market. In fact, buyers haven't seen a market this strong in years. When the national median home price dropped for the first time on record, the decline made huge albeit misleading headlines. For starters, there is no such thing as a national real estate market.

All real estate markets are local and driven by local factors that include the local economy, housing supply and demand factors and other attributes like geography. The slight decline followed years of unprecedented steep home price appreciation and the reality is that only a handful of markets experienced price declines. Corrections in markets that experienced exorbitant home price appreciation were expected and signal good news for buyers. According to 2007 third-quarter National Association of REALTORS® (NAR) statistics, the vast majority of the nation's metropolitan areas showed rising or stable home prices with most areas experiencing modest gains.

Right now there are many homes from which to choose and in most areas buyers don't have to deal with the harried and hurried competition of multiple bids. The changing market has also changed the inventory landscape to include fewer speculative sellers and a larger share of serious and motivated sellers.

Prospective homebuyers have some time to shop inventory and thoroughly compare home types and prices, amenities, neighborhoods, commutes and other important real estate-related features. And buyers have stronger price negotiation power as sellers compete for their attention by offering concessions or other incentives. While all real estate markets have ups and downs, Americans continue to consistently build wealth through homeownership. According to the NAR:

  1. On average, the value of a home doubles every 10 years. During the past three decades, home values have increased an average of 6.6% per year.
  2. The average homeowner today has 36 times the wealth of the average renter. Homeowners are essentially paying themselves when they pay their mortgages and this means they're building equity. Homeowners also benefit from some real estate-related tax write-offs like mortgage interest.
  3. Sixty percent of the average homeowner's wealth is their home's equity. For homeowners who're in their homes for the long-term, home equity typically is their single largest source of wealth.

Because every market is different, it's a good idea for potential homebuyers to contact me (Anthony Stokes-Pereira) your local real estate specialist to learn more about what's happening in his or her community and real estate market. The bottom line in real estate doesn't change - if you're ready to buy and can afford to make a long-term homeownership commitment, it's always a good time to buy!


Anthony Stokes-Pereira
Prudential Rand Realty
Direct: (845) 770-2188
Office: (845) 624-8100 Ext: 188
Fax: (845) 624-7137

Prudential Rand Agent - I am proud to be part of the Prudential Rand team of real estate professionals

In 1984, Marsha Rand established her first real estate office in a small house on Main Street in New City, NY, dedicated to building a company one customer at a time. From that small office, Prudential Rand Realty has grown to become the premier real estate broker in the Greater Hudson Valley, with 21 offices and over 700 agents covering Westchester, Rockland and Orange Counties. As the company has grown, so has Marsha's family, with her three sons now running the day-to-day operations of what is one of the largest and most successful family-run real estate brokers on the east coast.

The Prudential Rand family of managers, agents, and partners is committed to the families of the Hudson Valley, dedicated to Marsha's original vision of a real estate company fully devoted the communities it serves. Prudential Rand has been an industry innovator in marketing and selling area homes, from its groundbreaking multi-media strategy combining inventive newspaper advertising campaigns and cable television shows to being the first local broker to put searchable real estate listings on the internet. We are now committed to offering the best combination of high tech and high touch service, inventing new ways to make the process of selling and buying real estate as efficient and exciting as possible, always with our specialized human touch.

We hope that you will continue to visit PrudentialRand.com, our state of the art website that features every available home listed for sale in Westchester, Rockland, and Orange counties, with daily updates. Each month, thousands of unique visitors conduct hundreds of thousands of searches on our site, and we are committed to continuing to develop the best website possible for empowering clients to educate themselves about the local inventory in that area.
Prudential Rand - Nanuet
95 South Middletown Road
Nanuet, NY 10954
Ph: (845) 624-0700 EXT: 188
Fx: (845) 624-7137

About Our Nanuet Office</>

Anthony Stokes-Pereira
NY State Licensed Real Estate Salesperson
Direct: (845) 770-2188
Office: (845) 624-8100 Ext: 188
Email: mailto:anthony.stokespereira@prudential.com.com

Understanding Today's Market Value

Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale.

The existing pool of prospective buyers determines a property's value, based on:

  • Location, design, amenities and condition.

  • Availability of comparable (competing) properties.

  • Economic conditions that affect real property transactions.

Factors that have little or no influence on the market value of a house include:

  • The price the seller originally paid for the property.

  • The seller's expected net proceeds.

  • The amount spent on improvements.

The impact of accurate pricing:

  • Properties priced within market range generate more showings and offers, and sell in a shorter period of time.

  • Properties priced too high have a difficult time selling.

Call me today and tell me a bit about your house, and your particular needs, and I will get back to you quickly...

Anthony Stokes-Pereira
NY State Licensed Real Estate Associate, REALTOR-ASSOCIATE®
Direct: (845) 770-2188
Office: (845) 624-8100 Ext: 188
Email: mailto:anthony.stokespereira@prudential.com.com