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 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 […]
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 […]
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 […]
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