Queens Real Estate Market Report: Q1 2023

Queens Real Estate Market Report: Q1 2023, courtesy of the Queens Home Team at Keller Williams Realty Landmark II. Need Help? Contact Us Data Source: https://www.queenshometeam.com/wp-content/uploads/2023/05/Queens-Real-Estate-Market-Report_Q1-2023.pdf Market Snapshot Happy Spring from QHT! The first quarter of the year is in the books and we have some interesting data to dive into. If you live in […]

NYC Homebuyer Insights: MAR 2023

Is Now a Good Time to Buy or Sell a Home? + Mortgage Insurance Premiums on FHA Loans reduced by 30 Basis Points + Guide for First Time Homebuyers in NY Is Now a Good Time to Buy or Sell a Home?  If you’ve been thinking about whether or not you should buy a property […]

Sellers Concessions in Queens Real Estate: How They Work and What You Need to Know

When you’re buying or selling a home in Queens, you might come across the term “seller concession.” What does it mean, and how can it impact your mortgage payment? If you’re selling, how can impact your sale and/or net profit? In this blog post, we’ll explore what sellers concessions are, how they work, and the […]

Bank Troubles, What happened this Week and How it affects the Real Estate Market

Courtesy of: Rafael Reyes, Originating Branch Manager at Cross Country Mortgage. Troubles in the banking sector in the US and Europe completely overwhelmed the economic reports in driving financial markets this week. Investors shifted to safer assets, and mortgage rates moved lower. The impacts of the largest bank failure in the US since the financial […]

2023 Conforming Loan Limits for Queens NY

It’s that time of year again – the time when the Federal Housing Finance Agency (FHFA) announces the new loan limits for conforming mortgages. This year, the FHFA has announced that the maximum loan limits for conforming mortgages will increase in 2023, due to rising home prices across the country. For those who may not […]

Queens Real Estate Market Report: Q4 2022

Last Updated on January 24, 2023 Queens Real Estate Market Report: Q4 2022, courtesy of the Queens Home Team at Keller Williams Realty Landmark II. Need Help? Contact Us Data Source: https://www.queenshometeam.com/wp-content/uploads/2023/01/Queens-Real-Estate-Market-Report_Q4-2022.pdf Market Snapshot Happy New Year from QHT! Hope you’ve been enjoying your start to the year. Fortunately here in NYC the weather hasn’t […]

Common Real Estate Documents in Queens NY

If you’re in the market to buy or sell in Queens, then you may be wondering what documents you will need to fill out throughout the process, and what each document is actually used for. Below is a quick summary of common real estate documents in Queens and although it doesn’t cover every single document […]

Understanding Co-Op Flip Tax in NYC

By Daniel Akerman, Listing Specialist with Keller Williams Realty Landmark II. One of the many closing costs that sellers and buyers may come across in the sale or purchase of a New York City co-op apartment is something called the “flip tax.” In this article we’ll take a quick look at what the co-op flip […]

Mortgage Market Update: 12/2/22

Courtesy of Rafael Reyes, Originating Branch Manager with Cross Country Mortgage, LLC Mixed News It was a packed week for major economic events. The comments from Fed officials and the inflation data were favorable for mortgage markets, while the labor market report was not, and mortgage rates ended the week a little lower. In a […]