Ted Gounelas Associate Real Estate Broker

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Ted Gounelas Associate Real Estate Broker Bringing you the best local real estate services in Long Island, New York. Where I dedicate and put your needs first!

Whether it's buying, selling or leasing a home - I've got what you need for all your real estate needs.

Newly built homes now cost less than existing ones in about a third of major markets.And nationally, the gap is pretty b...
10/21/2026

Newly built homes now cost less than existing ones in about a third of major markets.

And nationally, the gap is pretty big. A newly built home typically sells for about $35,000 less than an existing one.

Prices can look very different from one area to the next, though. So, what neighborhoods do you have your eye on? Let’s tour a new home and an existing one, and see how they compare.

Will interest rates ever go back down? Yes, of course they will! But there are some key myths we need to address so that...
10/20/2026

Will interest rates ever go back down? Yes, of course they will! But there are some key myths we need to address so that you can buy (or sell) with confidence.

10/20/2026

New Homes Cost Less in 1 in 3 Major Markets

Newly built homes now cost less than existing ones in about 1 in 3 major markets. How much less, exactly? Nationally, a newly built home typically sells for about $35,000 less. So, brand-new could be more budget-friendly than you think. Want to see how newly built and existing homes compare where you’re looking? Let’s tour one of each.

Want to move but don’t want to give up your current low rate? This is for you. Data shows homeowners with a mortgage hav...
10/19/2026

Want to move but don’t want to give up your current low rate? This is for you.
Data shows homeowners with a mortgage have an average of $310K in equity right now.

And that means if you've been putting off a move because you don't want to give up the mortgage rate you locked in a few years ago, your equity could help.

You could use it toward a bigger down payment and borrow less at today's rates.

Or, if you're downsizing, you might even be able to buy your next home in cash. No mortgage. No worrying about today’s rates.

Want to know how much equity you have and what it makes possible for you? DM me, and I'll help you find out.

The Biggest Credit Hurdle for Renters Who Want To BuyThe credit landscape is changing, but action is required on your pa...
10/16/2026

The Biggest Credit Hurdle for Renters Who Want To Buy

The credit landscape is changing, but action is required on your part. You have to take credit for what you do. And the sooner you get started, the better.

Ready to see where you stand? A quick conversation with a loan officer costs you nothing and could show you you're closer to owning a home than you think.

What's the biggest payment you make every month? If you’re a renter, it's probably your rent.

Same time of year. 2 very different stories. And mortgage rates are a big reason why.Last fall, mortgage rates came down...
10/15/2026

Same time of year. 2 very different stories. And mortgage rates are a big reason why.

Last fall, mortgage rates came down and the number of homes for sale barely budged. This fall, rates have climbed above 7%. Some buyers have pulled back, homes are taking longer to sell, and instead of coming off the market, more listings are sticking around.

Since August, the number of homes for sale has grown by about 25,000. So, what does that mean for you?

Buying? You’ve got more homes to choose from and potentially more room to negotiate on price, repairs, or closing costs.
Selling? Buyers have more options, so you’ve got to give them a reason to choose your house. That means getting the price right from day one and making sure your house stands out from the competition.

Want to know what this shift looks like where you live? Drop a comment or send me a DM, and let’s look at the local numbers together.

11 weeks until 2027. 🏡Long Island prices aren’t dropping, but your down payment fund can keep growing. Here’s what savin...
10/14/2026

11 weeks until 2027. 🏡

Long Island prices aren’t dropping, but your down payment fund can keep growing. Here’s what saving from now through the end of 2027 (about 63 weeks) adds up to:

$50/week → $3,150
$100/week → $6,300
$250/week → $15,750
$400/week → $25,200
$540/week → $34,020

$34K is 5% down on a $680K home, right around the Suffolk County median.

The exact number matters less than the habit. Pick an amount that still works in a tight month, automate it, and let the weeks add up.

Start now. Stay steady. 💪

Why There are More Homes for Sale Right Now (and What It Means for You)In many places right now, inventory is growing an...
10/14/2026

Why There are More Homes for Sale Right Now (and What It Means for You)

In many places right now, inventory is growing and homes are taking a bit longer to sell. And that’s information that should shape the strategy you use going in.

Whether you're buying or selling, let's look at how long homes are taking to sell in your neighborhood, so your offer, or your price, fits today's market.

Mortgage rates being back above 7% isn't exactly the news most people wanted. But it’s changing the market in ways that matter whether you’re buying or selling.

10/13/2026

Do You Know How Much Equity You Have?

The low mortgage rate you locked in a few years ago might make moving feel off the table. But your equity could put it back on.Homeowners with a mortgage have an average of $310K in equity right now. That could go toward a bigger down payment, so you borrow less at today's rates. Or, you may be able to buy your next place in cash – without needing a mortgage at all. So, don’t write off a move just yet. Let's find out how much equity you have and what it could do for you.

Why Most People Are Still Glad They Bought a HomeDon’t let today’s uncertainty make you lose sight of what homeownership...
10/12/2026

Why Most People Are Still Glad They Bought a Home

Don’t let today’s uncertainty make you lose sight of what homeownership can do over time. Most homeowners say they’d make the same choice again. And decades of home-price growth help explain why.
If you’re wondering whether buying makes sense for you right now, let’s look at the numbers together – and what owning a home could mean for you in the years ahead.

With everything going on, it’s understandable if you’re wondering if you’d regret buying right now.

Address

66 Medford Avenue
Patchogue, NY
11772

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