Buying a home What’s Happening with Home Prices? Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According to the […]
Agency News and Awards Congrats to Kimberly Lasalandra For Reaching the Cap! Congratulations From Geoffrey Green, President Of Green Team Realty, To Kimberly Lasalandra for reaching the commission cap for Company Dollar Contribution in 2021! “Kim’s story is that of the tortoise and the hare.  We all know how that one ends don’t we?  Slow and steady wins the race.  I truly admire Kim’s desire to do things […]
Agency News and Awards Congrats to Tammy Scotto For Reaching the Cap! Congratulations From Geoffrey Green, President Of Green Team Realty, To Tammy Scotto for reaching the commission cap for Company Dollar Contribution in 2021!   “Although Tammy is a perennial top producing Realtor in our market place 2021 might just be her finest performance. This year was riddled with personal challenges for Tammy. But she was able […]
Buying a home How Sellers Win When Housing Inventory Is Low In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more buyers in the market than […]
Buying a home Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates above 3% really mean? Today’s Average Mortgage Rate […]
Selling a Home Numbers Don’t Lie – It’s Still a Great Time To Sell Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your […]
Housing Market News Why a Wave of Foreclosures Is Not on the Way With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost […]
Buying a home Experts Project Mortgage Rates Will Continue To Rise in 2022 Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over the past […]
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Selling a Home Sellers Have Incredible Leverage in Today’s Market With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further […]
Buying a home Renters Missed Out on $51,500 This Past Year Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January to September averaged just 3.4 […]
Buying a home The Mortgage Process Doesn’t Have To Be Scary Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home […]
Selling a Home Does Your House Have What Buyers Want? The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured […]
Buying a home Housing Challenge or Housing Opportunity? It Depends. The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see […]
Agency News and Awards Congrats to “Pip” Julie Klein For Reaching the Cap! Congratulations From Geoffrey Green, President Of Green Team Realty, To “Pip” Julie Klein for reaching the commission cap for Company Dollar Contribution in 2021! Geoff’s thought on hitting the cap: “Pip is an excellent example of someone who always keeps her work life in balance with her personal life.  She loves to travel and does so […]
Buying a home There Are More Homes Available Now than There Were This Spring There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in […]
Housing Market News October 2021 Housing Market Update The October 2021 Housing Market Update was held on October 19 at 12 p.m. If you missed the live webinar or would like to watch it again, it is available below. Home Price Appreciation Geoff Green, the host of the event, jumped right into the stats. First, there has been an amazing amount of appreciation taking place […]
Buying a home Knowledge Is Power When It Comes to Appraisals and Inspections Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is […]
Agency News and Awards 3rd Quarter 2021 Sales Leaders Green Team Realty has announced its 3rd Quarter Sales Leaders. Jennifer DiCostanzo is the 3rd Quarter 2021 sales leader for Green Team New York Realty. Kim Lasalandra was in second place, followed by Nikki Grzegorzewski.  Keren Gonen is the 3rd Quarter Sales Leader for Green Team New Jersey Realty. Kristi Anderson was in second place, followed by […]
Buying a home Your Home Equity Is Growing Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell? Let’s connect to talk about how you […]
Buying a home Important Distinction: Homes Are Less Affordable, Not Unaffordable It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable than […]