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Housing Market News July 2020 Housing Market Update Geoff Green, President of Green Team Realty, welcomed everyone to the July 2020 Housing Market Update. The webinar, which was held on Tuesday, July 24 at 2 p.m., examined the housing market on national and local levels, in light of the impact of various economic factors resulting from the Covid-19 pandemic. If you missed the […]
Agency News and Awards Welcome Sandra Medina   The Green Team is proud to announce that Sandra Medina has decided to join our Warwick, NY team. We’re excited to have her on our team and look forward to helping her grow!  Please join us in Welcoming Sandra to The Green Team New York Realty! To learn more about Sandra Medina and her business visit […]
Mortgage and Home Loans Two Reasons We Won’t See a Rush of Foreclosures This Fall The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a […]
Selling a Home Home Sales Hit a Record-Setting Rebound With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. According to NAR, home sales […]
Agency News and Awards Green Team Realty’s 2nd Quarter 2020 Sales Leaders Congratulations from Geoff Green, President of Green Team Realty, to our 2nd Quarter Sales Leaders. Geoff Green, President of Green Team Realty, was proud to announce the 2nd Quarter 2020 Sales Leaders. They are Chris Kimiecik of Green Team New York Realty in Warwick NY, In addition, Carol Buchanan was second and Terry Gavan, third.  Keren Gonen is […]
Agency News and Awards Welcome James (Jimmy) Colgan The Green Team is proud to announce that James (Jimmy) Colgan has decided to join our Warwick, NY team. James has been a resident of Warwick for 15 years and is in the process of owning a townhome in New Jersey. James spent 2 years doing Real Estate in New York City but has decided […]
Housing Market News A Historic Rebound for the Housing Market [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=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so […]
Selling a Home Best Time to Sell? When Competition Is at an All-Time Low [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” custom_padding=”17.5781px|0px|17px|0px|false|false”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]   In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable […]
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Buying a home Taking Advantage of Homebuying Affordability in Today’s Market Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase. […]
Buying a home Is the Health Crisis Driving Buyers Out of Urban Areas? The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open […]
Selling a Home Think You Should For Sale By Owner? Think Again [INFOGRAPHIC] Some Highlights  For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 35% of homeowners who decided to FSBO last year did so to avoid paying a commission or fee. But, homes […]
Agency News and Awards Heidi Hyland has always gone above and beyond. [et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row custom_padding=”32px|0px|31px|0px|false|false” _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”] Geoffrey Green, President of Green Team Realty received this letter from Naveen Sharma, a client of Heidi Hyland, Broker/Sales Associate of Green Team New Jersey Realty. [/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.18.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” locked=”off”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text admin_label=”Quote” _builder_version=”3.18.2″ background_size=”initial” background_position=”top_left” […]
Housing Market News What Are the Experts Saying About Future Home Prices? A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the future price of any item: calculate the supply of […]
Housing Market News Should We Be Looking at Unemployment Numbers Differently? The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed Kolko, is a well-respected economist who is currently the Chief Economist at Indeed, the world’s largest online jobs site. Previously, he was Chief Economist and VP […]
Housing Market News June 2020 Housing Market Update Green Team Realty’s June 2020 Housing Market Update addresses the economic impact of COVID-19 on the real estate market. However, we know that many individuals, families, and businesses have been personally impacted by the pandemic. To all those diagnosed with COVID-19, or who have loved ones with the virus, we wish you a fast, full […]
Housing Market News Is the Economic Recovery Already Underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of the coronavirus pandemic.” Clearly, the […]
Buying a home Three Reasons Homebuyers Are Ready to Purchase This Year A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph below): Let’s break down why these […]
Housing Market News Real Estate Tops Best Investment Poll for 7th Year Running   Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains the most favored investment to […]
Housing Market News Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC]   Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Connect with one of our Sales Agents to determine the best way to position yourself for […]
Housing Market News Real Estate Will Lead the Economic Recovery   With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the […]

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