“Queens Real Estate Market JULY 2017”, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Market Update Month’s supply climbed up to 6 months in June. This is the highest month’s supply we’ve seen since October of 2015. Month’s supply is the number we look at to gauge whether […]
Queens real estate market June 2017, by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Queens Market Update May and June have been much more active then the previous months in 2017. In both May and June we had a lot more calls from homeowners looking to sell their […]
May 2017 Market Update As we mentioned last month, the market is changing a little, but listings are still moving and selling for high prices in general. Interest rates came down again so that spurred some new activity in the market. Right now we’re noticing that different neighborhoods are getting different reactions depending on their […]
Queens real estate market report: April 2017 April 2017 Market Update The first quarter of 2017 has definitely been interesting. It’s the first time in a while that we’re actually seeing a shift in demand, and while that can be a little unsettling, it also signifies a change that can lead to opportunities in the […]
Queens Real Estate Market update, by George Herrera, Realtor & Co-Owner of Queens Home Team at Keller Williams Realty. March 2017 Market Update Home sales dropped dramatically in Feb, the largest year over year decrease seen in over 12 months. As for home prices, the median home price in Queens has actually become very stagnant, hovering […]
Queens Real Estate Market: February 2017 The Queens real estate market picked up quite a bit in February. This is a change from the month prior. For example, our January was pretty slow in terms of new seller clients, and based on our conversations with other listing agents in the office, January seemed to be […]
By George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Year in Review When it comes to the Queens real estate market, 2016 was an interesting year to say the least. Interest rates remained very low for most of the year, home sales were consistently below 2015 levels, home prices […]
Queens Real Estate Market Update Home sales in the US increased significantly, and they actually reached their highest levels in nearly a decade. In Queens however, home sales actually dropped and have continued to decline over the last 4 months and for most of this year. This stark difference is a clear sign that what […]
by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. November 2016 Market Update The Queens housing market continued on the same path in October with sales declining and prices on a steady rise. Sales have been down (year-over-year) in 7 of the last 10 months signifying that there is […]
October 2016 Queens Real Estate Market Update A cooling trend in the Queens housing market continued in September with diminished inventory levels being the primary driving force behind the decline. Despite near rock-bottom mortgage rates and healthy job growth, Queens home sales eased after reaching record-setting levels in August. Affordability concerns have delayed some first-time […]
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