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 […]
September 2016 Market Update The housing market spiked in August as demand remains at high levels in many neighborhoods, particularly in the 1-3 Family and Condo categories. Affordability does appear to be impacting prospective buyers though, despite near record-low mortgage rates. After five consecutive months of year over year sales decreases, queens home sales increased […]
by George Herrera, Realtor & Listing Specialist with the Queens Home Team at Keller Williams Realty. August 2016 Market Update Home sales in July dropped again for the fifth consecutive month. Despite the drop in transactions, home price increases have 2016 on track to be the best year for home prices since the recession. Near […]
by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. July 2016 Queens Real Estate Market Update Queens home sales in June decelerated for the fourth consecutive month. Strong demand and sustained ultra-low mortgage rates continue to overpower constrained inventory levels and a rising median sales price. Prior to March, […]
by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. June 2016 Market Update Queens home sales were off to a solid start during the first two months of 2016 which reflected year over year increases. However, for the last three months, we have seen year over year decreases in home sales […]
May 2016 Market Update Queens Home sales took a dip in April, which continued from March’s slight decline and also failed to outpace last year’s sales. Buyers are definitely out in full force, despite a mixed market in terms of both price growth and inventory levels, but it seems that we are seeing the same […]
by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. My wife & I recently closed on the our very first home and boy was it an experience, especially considering the fact that we are both Realtors ourselves. Even though we’ve sold over 150 homes in our career, the entire […]
by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Queens Real Estate Market Update: February 2016 Home sales dropped in January which is somewhat typical considering the fact that there’s usually a big rush to close by end of year. Sales in January were down from December, but very […]
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 […]
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