by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty Queens Real Estate Market 2015 Year in Review Welcome to our first edition of the “Queens Real Estate Market: Year in Review”. Rather than comparing one month to the previous month and the same month of the previous […]
by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. December 2015 Queens Real Estate Market Update Home sales slowed again in November as inventory remained tight and prices continued their steady increase. As the end of the year approaches, consensus among economists was that the Federal Reserve […]
by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. November 2015 Queens Real Estate Market Update The pace of existing home sales dipped in October, both month over month and year over year. As chatter about the eventual rise in interest rates becomes more pervasive in the media, a […]
Queens Real Estate Market Report: October 2015 The pace of existing home sales rose in September, but remains slightly below the pace from the same month last year. Demand for existing homes appears to remain high even after rebounding to post-recession highs this summer. Prices have not begun their usual seasonal decline for the latter part of […]
Queens Real Estate Market Update Existing home sales hit a high for the year in August, however, year-over-year sales were still down. Inventory remains tight on a county level as the increased demand for homes continues to outpace the number of homes coming onto the market. The pace of year-over-year price increases slowed somewhat in August, and […]
Queens Real Estate Market Update: AUG 2015 The pace of home sales continued to slow in July according to the Long Island Board of Realtors. July marked the highest year over year decrease in home sales this year at 11%. In other words, last July there were 736 home sales in Queens, while only 655 […]
June 2015 Queens Real Estate Market Update The pace of home sales rose in June, but were still below the pace of sales last June. The combination of buyers looking to take advantage of low interest rates before they increase further coupled with less homes being on the market than the same time last year has […]
JUNE 2015 QUEENS REAL ESTATE MARKET UPDATE The pace of existing home sales increased slightly from April to May according to the latest report released by the Long island Board of Realtors. This is likely related to slow growth in inventory that has failed to keep pace with this year’s pickup in demand. This has […]
May 2015 Queens Real Estate Market Update Right now the Queens’ real estate market is feeling pretty tight to say the least. If you or someone you know has been searching for a home, they can tell you all about it. Inventory is much lower than 2014 levels so we’re experiencing a lot of multiple offers, […]
Buying a Home, Coop, or Condo in Queens is much different than buying a house in other parts of the country. One thing in particular that you will find a lot of in Queens, are multi-family properties, specifically 1, 2, and 3 family homes. Multi family homes can be a great financial investment because of […]
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