Siddhartha Lama - The Lama of Real Estate

08/27/2026

Don't miss the chance to tour this fantastic property August 29th at 5pm! Show someone who should attend this open house! 😮

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Siddhartha Lama
Licensed Associate Real Estate Broker
Prime America Real Estate, Inc.
"Clearing Obstacles From Your Path To Your Home"

Delivered fully vacant, this classic semi-detached 2-family home offers immediate flexibility, strong investment potential, and development upside on a 20' x 85' lot at the heart of Woodside and Jackson Heights. Currently Two residential units plus a full finished basement, the property features a f

08/27/2026

This listing won't last! Take a look before it's gone. 📱! Open house: August 29th 2pm to 4pm!

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Siddhartha Lama
Licensed Associate Real Estate Broker
Prime America Real Estate, Inc.
"Clearing Obstacles From Your Path To Your Home"

Welcome to 61-49 62nd Avenue - a classic two-story One-Family home in the heart of Middle Village, Queens, where timeless charm meets thoughtful modern updates. Built in 1920 and lovingly maintained, this home strikes the perfect balance between original character and contemporary comfort. From the

08/19/2026

Higher Rates Could Actually Help Housing Supply – Here’s How.

The number of homes for sale is growing slowly but surely, and that means more options for your move. Want to see what’s available in our area? Reach out, and let's take a look together.



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379

You may have heard the number of homes for sale isn’t growing like it was. And maybe that has you worried you won’t find a home you love when it’s time to make your move.

08/19/2026

One of the biggest stories in the housing market these past few years has been how much the supply of homes for sale has grown. It’s the #1 bright spot for buyers in this market.

But you may have heard that growth has been slowing down.

It’s true it went from +31% a year ago to just +2% now. But that’s no reason to worry about your move.

Because nationally, inventory has been up year-over-year for 33 straight months. And the latest data shows the slowdown may have already hit its floor.

Plus, since rates aren't expected to come down much anytime soon, inventory growth may be about to pick back up.

The bottom line? Inventory is still better than it was last year – and that gives you options. And even more choices may be coming soon.

Wondering what this means for your plans? Send me a DM and let's talk through what’s...



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379

08/12/2026

Here’s Why Mortgage Rates Are What They Are Right Now

That’s the trade-off with a narrowing spread. Rates may not be where you want them, but they're better than they could've been. If you want help figuring out what that means for your monthly payment, reach out to a local lender



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379

If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.

08/12/2026

Mortgage rates aren’t random. They’re affected by 2 numbers.

The 10-year treasury yield and something called "the spread." That's the gap between the 10-year treasury yield and mortgage rates, and it usually sits around 1.76 percentage points.

Back in 2023, the gap in the spread ballooned up to 3.19 in response to economic uncertainty. If it were still that wide today, rates would be pushing almost 8%.

But the good news is the gap has narrowed to 2.01 (a lot closer to the long-term norm). And that’s a big positive for rates. It’s why today’s mortgage rate is in the upper 6s instead of touching 8%.

Here's the part a lot of people miss. Where rates are right now are already pretty close to what a totally normal spread would produce – a mortgage rate around 6.5%.

In other words, the fact that the spread has narrowed in...



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379

08/05/2026

Think big investors are snapping up all the homes? The data says otherwise.

The largest institutional investors are now selling more homes than they're buying – and the gap is growing every quarter.

That means those homes are going back on the market for regular buyers. And since big investors tend to own lower-priced homes, a lot of them are right in the range first-time buyers want.

Less competition. More options for you.

DM me and I'll show you what's hitting the market in our area.



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379

08/05/2026

Big Investors Are Backing Off and That’s Your Opening

Big investors are stepping back, and they're adding homes to the market as they go. If you've been waiting for a better shot at buying, this could be it. Let’s connect so you can see what's popping up in our area. You may have more options than you think.



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379

For years, a lot of would-be homebuyers have worried about the same thing. How do you compete with big investors who can swoop in, pay cash, and snap up the houses you want?

07/31/2026

📍 Reduced Price 📍 This recently reduced home at 6149 62nd Avenue in Middle Village won't last long, so, don't wait to set up a showing! Reach out here or at (929) 424-8950 for more information!

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Siddhartha Lama
Licensed Associate Real Estate Broker
Prime America Real Estate, Inc.
"Clearing Obstacles From Your Path To Your Home"

Welcome to 61-49 62nd Avenue - a classic two-story One-Family home in the heart of Middle Village, Queens, where timeless charm meets thoughtful modern updates. Built in 1920 and lovingly maintained, this home strikes the perfect balance between original character and contemporary comfort. From t...

07/29/2026

Did home prices just hit a turning point?

Even though all the headlines out there make it sound like prices are crashing, here’s what the data really says.

Yes, price growth cooled from around 7% in mid-2024 to closer to 3% today. But that’s not a crash. It’s just a slowdown.

And if you look at the right side of this graph, it seems like price growth may have hit its low point and started to turn.

Now, two months of data doesn’t necessarily make a trend. But a few things back this up.

Compared to earlier this year, fewer markets are seeing price declines right now. And, forecasts call for price growth to pick up a bit before end of year.

Whether you’re buying or selling, I want you to have breaking info like this as soon as I have it – especially when it looks like something is changing.

DM me "PRICES" and I'll show you...



Learn More at Prime America Real Estate
www.PrimeAmericaNY.com
347-725-3142
6123 Fresh Pond Rd, Middle Village, NY 11379