Market Report: June 18, 2013​

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Mortgage less than 6.8%? Than buying is better than renting

Based on the latest renting prices from March, April and May 2013 vs. the core costs of home ownership with a 30-year fixed-rate loan—maintenance,insurance, taxes, closing costs, down payment, salesproceeds and monthly mortgage payments—and as long as your rates are below 6.8%, buying just makes sense. Read more……

Check Out…Mamaroneck!

Mamaroneck has it all, from an attractive waterfront and walkable downtown to highly accessible trains, top-tier schools and premier recreational activities and more. Encompassing Larchmont and the Village of Mamaroneck, it pulls unique attributes and local flavor from these two diverse communities.

SJ’s Home of the Week!

Newly renovated and with a fresh, open feel, this spectacular California-style home in Mamaroneck has everything and anything you’ve been looking for: stunning kitchen/family room, private backyard, pool, play area and more, all at the end of a closed street. Click here and check it out now before it’s gone!

Scarsdale, NY

Be One with Nature:The Greenburgh Nature Center holds outdoor yoga three times each week, at 6:30pm on Mondays and 9:00am on Fridays and Saturdays. Classes are just $20 or purchase a multi-class pack and save on these fun, refreshing classes for participants of all levels. The outdoor sessions run through September 30. Click here for more.

Dumont, NJ

Farmers Market Fun! The Dumont Farmers Market continues, starting at 10:00am this Saturday at Sorosis Park. Seasonal favorites including sustainable, organic fruits and veggies, farm fresh eggs, local meats, cheeses, homemade ravioli, crab cakes, stuffed clams and gourmet breads will all be on sale. Learn more here.

Tarrytown, NY

Happy Friday! This Friday, June 21st is the third Friday of the month…and it’s time for some great family fun in downtown Tarrytown! From 5:00pm – 9:00pm explore the wonders of the fun, family-friendly hotspot, with late night shopping, restaurant specials, art openings and free live music, perfect for residents and friends of all age. Click here for more!for more!

Think we’re awesome?

Nominate The Suburban Jungle Realty Group for a 2013 Red Tricycle “Totally Awesome Award” for being a totally awesome local business! We’re building momentum in the “Venues & Services” category within “Mom-Run Businesses”—so help keep it going! Nominations are open now through June 22nd, so be sure to visit Red Tricycle today and tell them Suburban Jungle deserves a spot on the ballot. Click here to nominate us now!

Rent or Buy:

The Numbers!

Check out the Rent vs. Buy analysis used to calculate the 6.8% mortgage rate tipping point for the greater NYC Metro Area. Despite rising home prices, buying still averages about 44% less expensive than renting in the U.S.! …