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Housing Market News July Housing Market Update The July Housing Market Update was held live on Facebook on Tuesday, July 10, at 9 a.m.  If you missed the live webinar, you can view it at your convenience by clicking here. Meet the Panel Geoff Green moderated the webinar and also presented relevant statistics in a historical context.  Keren Gonen of Green Team […]
Agency News and Awards Nancy Sardo, First and Second Quarter Sales Leader Award Winner Nancy Sardo does it again… The Green Team is pleased to announce that Nancy Sardo is the Sales Leader Award Winner for both the First and Second Quarters of 2018.   Nancy is not a stranger to this achievement. In 2017 she was the winner for the Second and Third Quarters.  And some things just don’t […]
Housing Market News Housing Market Update for June 2018 & Impact of Federal Tax Reform on Housing Market Orange & Sussex Counties – Housing Market Update for June 2018 and Impact of Federal Tax Reform on the Housing Market The Green Team went live on Facebook Tuesday, June 12 with its monthly housing market update. Geoff Green, President of the Green Team, moderated the event. Panelists included sales associates Vikki Garby and Kim […]
Housing Market News Cost Across Time [INFOGRAPHIC]   Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant! […]
Housing Market News Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is difficult for […]
Housing Market News Did Tax Reform Kill the Luxury Market? NOT SO FAR! The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a negative impact on the luxury housing market. […]
Housing Market News UPDATE: The Cost of Renting vs. Buying [INFOGRAPHIC] Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if […]
Agency News and Awards The Green Team Welcomes James House, Chris and Megan Kimiecik and Kristine Many The Green Team welcomes James House,  Megan Kimiecek and Kristine Many to the company.  Each brings unique skills and experience to the Green Team family. James House James House became interested in pursuing a career in real estate while helping a family member sell his home and finding that he enjoyed the whole process.  He […]
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Agency News and Awards Excitement is building at Green Team New Jersey Realty Excitement is building at Green Team New Jersey Realty, which launched in September of 2016.  In less than two years it has become one of the top 20 real estate agencies in all of Sussex County.  Furthermore, it is now one of the top 5  agencies in Vernon.  Its formula for success is simple.  Follow […]
Housing Market News Moving Up to Your Dream Home? Don’t Wait! Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been […]
Housing Market News Renters Under 50 Want to Buy a Home! Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the survey was: Assuming you had the financial resources […]
Housing Market News Is Your First Home Within Your Grasp Now? Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more ‘old millennials’ (25-36) are realizing that homeownership is within their grasp now! Contact one of Our Agents today! See […]
Housing Market News Don’t Wait to Sell Your House! Buyers Are Out Now Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see how […]
Housing Market News How Current Interest Rates Can Have a High Impact on Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is […]
Housing Market News Orange County Real Estate Market Report for May 2018 Green Team Business Review – May 2018 The numbers tell a story all their own.  Despite the lack of inventory on the market, despite the specter of rising interest rates, loss of deductions due to new tax laws, etc., the Green Team is doing something very right and finding people buyers for their homes and […]
Housing Market News Sussex County Real Estate Market Report for May 2018 Green Team Business Review – May 2018 The numbers tell a story all their own.  Despite the lack of inventory on the market, despite the specter of rising interest rates, loss of deductions due to new tax laws, etc., the Green Team is doing something very right and finding people buyers for their homes and […]
Housing Market News How Much Has Your Home Increased in Value Over the Last Year? Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price. The […]
Housing Market News What If I Wait Until Next Year to Buy a Home? What If I Wait Until Next Year to Buy a Home? We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values […]
Housing Market News 5 Ways Tax Reform Has Impacted the 2018 Housing Market 5 Ways Tax Reform Has Impacted the 2018 Housing Market Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted […]
Selling a Home Balancing Emotions When Selling Your Home… [et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Balancing emotions when selling your home… without losing your mind! The day has come. You’ve decided to list and sell your home and embrace a new beginning.  Now comes the emotional roller coaster ride that everyone goes through. You are not alone. Understanding the phases involved will help […]

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