Buying a home How To Navigate a Market Where Multiple Offers Is the New Normal If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast and get multiple offers. Realtor.com has this to say: […]
Buying a home Key Factors That Impact Affordability Today   You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home […]
Buying a home How Global Uncertainty Is Impacting Mortgage Rates   If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb […]
Housing Market News March 2022 Housing Market Update Welcome to the March 2022 Housing Market Update. Geoff Green, President of Green Team Realty and Co-Founder and CEO of NuOp, is the host of the March 15 webinar. If you missed it, the video of the webinar is available below.   Price appreciation         As shown here, there is an acceleration […]
Housing Market News Why It’s Critical To Price Your House Right   When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors (NAR) shows 46% of homes are selling above […]
Buying a home An Expert Advisor Will Give You the Best Advice in Today’s Market Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential. Today’s housing market is full of extremes. Experts project mortgage rates will […]
Buying a home Are Home Prices Continuing To Rise?   Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% S&P […]
Buying a home Down Payment Assistance Programs Can Help You Achieve Homeownership   For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For first-time […]
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Buying a home What’s Driving Today’s High Buyer Demand? Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying […]
Buying a home How Supply and Demand Can Impact Your Buying and Selling Goals In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that drives […]
Agency News and Awards Celebrating Five Years with Green Team Like any family, Green Team likes to celebrate special occasions. And, celebrating five years with Green Team is indeed an important anniversary! Congratulations to: Jaime Dalton Jaime Dalton joined Green Team New Jersey Realty in January 2017. Raised in Vernon, NJ, Jaime graduated from Vernon Township High School in 1996. Jaime’s love of Sussex County […]
Agency News and Awards Meet Michelle Spina Michelle Spina is bringing her marketing expertise to Green Team New York Realty. Michelle attended college at SUNY New Paltz where she earned her bachelor’s degree in Marketing. She spent the last 6 years working as a TV Media Buyer where she serviced a large variety of clients, some of which include movie studios, grocery […]
Agency News and Awards Brian Cisek Earns PSA designation Green Team New York Realty’s Brian Cisek earns his PSA designation! Whether you are buying or selling, working with an agent who is a Pricing Strategy Advisor can help ensure you are getting the best deal for your home. One of the most confusing parts of a real estate deal is the pricing. However, a […]
Selling a Home More People Are Planning To Buy a Home Soon While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as […]
Buying a home Real Estate Voted the Best Investment Eight Years in a Row In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a home this year, this […]
Housing Market News February 2022 Housing Market Update Geoff Green, President of Green Team Realty and Co-Founder and CEO of NuOp welcomed viewers to the February 2022 Housing Market Update. If you haven’t yet seen the webinar or would like to see it again, it’s available below. Inflation – and its impact on homeownership It seems that the “I”s (inventory, interest rates and […]
Agency News and Awards Welcome Michelle Spina to Green Team New York Realty! [et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.18.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] The Green Team is proud to announce that Michelle Spina has decided to join our Warwick, NY office. We’re excited to have her on our team and look forward to helping her grow!  Please join us in Welcoming Michelle to Green Team New York Realty! […]
Selling a Home What Every Seller Needs to Know About Renovating This Year [et_pb_section fb_built=”1″ _builder_version=”3.18.2″][et_pb_row _builder_version=”3.18.2″][et_pb_column type=”4_4″ _builder_version=”3.18.2″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.18.2″ text_font=”||||||||”] If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your […]
Agency News and Awards GTNYR – Achieving Personal Best COVID-19 created both challenges and opportunities For those in the real estate industry, COVID-19 has presented many unique challenges. However, it has also presented many opportunities.  And, for many sales associates of GTNYR, it meant achieving their personal best.  Despite the shutdowns and ever-changing regulations, the pandemic created a housing market with a life of […]
Agency News and Awards Agent Spotlight on Kristi Anderson The Green Team Agent Spotlight is on Kristi Anderson.    About Kristi… Kristi joined Green Team New Jersey Realty in 2019, bringing with her over 18 years of experience. That year, she became a Captains Club award winner with $3-$5 Million in sales. In 2020, with $10.8 Million in sales, she was in the top 1.7% […]