Queens Real Estate Market Report SEPTEMBER 2017

Queens Real Estate Market Report SEPTEMBER 2017, by George Herrera, Realtor and Listing Specialist with the Queens Home Team at Keller Williams Realty. September 2017 Market Update Home sales and home prices both rose again in August. This is the third month in a row with double digit year over year price increases. It seems […]

Queens Real Estate Market JULY 2017

“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 Report: MAY 2017

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

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 […]

This Month in Queens Real Estate: FEB 2017

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 […]

Queens Real Estate Market: 2016 Year in Review + 2017 Market Outlook

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: DEC 2016

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 […]

This Month in Queens Real Estate: NOV 2016

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 […]

This Month in Queens Real Estate: OCT 2016

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 […]

This Month in Queens Real Estate: SEP 2016

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 […]