Queens Real Estate Tax Guide

by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. Selling Queens real estate can be a very complicated process—just as complicated as purchasing real estate in Queens—particularly from the perspective of taxes and exemptions. So, the following is a list of various potential queens real estate taxes and exemptions […]

Queens Real Estate Market Update: December 2015

  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 […]

Basics of a 1031 Exchange: What is it and How does it Work?

  by George Herrera, Realtor & Co-Owner of the Queens Home Team at Keller Williams Realty. If you’re a Queens real estate investor, or if you’ve bought & sold properties here in the past, then you’re probably already familiar with the concept of a 1031 exchange. If you’re just starting out on Queens real estate […]

How Much is your Queens Home Really Worth?

by George Herrera, Realtor and Co-Owner of the Queens Home Team at Keller Williams Realty. Every house has value, regardless of it’s condition. The question is, how much value? There are several factors that affect the value of 1-4 Family Homes here in Queens, and it’s important to note that Appraised Value is different than […]

Queens Real Estate Market Update: NOV 2015

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 2016

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: SEP 2015

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

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 […]

You’re being Taxed as a Two Family, but is your House a Legal 2 Family?

Many times we meet with homeowners who claim their property is a two family home because they are being taxed as a two family, however, legal use is determined by the NYC Department of Buildings, not the Department of Finance. Therefore, you may be getting taxed as a two family, but in reality, your property […]