Housing Market News

Housing Market News APRIL COME SHE WILL Paul Simon’s beautiful ode to the changing of the seasons seems like the appropriate theme song for this post. April has arrived, and with her come blooming trees and flowers and lush, green lawns. We’re greeted with the songs of birds in the morning, and the chirping of crickets after dark. And we are more […]
Housing Market News 2019 Will Be a Great Year for Buyers AND Sellers Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed that: […]
Housing Market News February 2019 Housing Market Update Green Team Realty’s February 2019 Housing Market Update went live on Facebook February 12 at 2 p.m.  If you were unable to view the webinar live, you can watch it at your convenience by clicking here.  Sign up for future updates here. Meet this month’s panelists…             Moderating the Market […]
Housing Market News How to Get a Better Perspective on Affordability Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate. Understandably, buying a home is more expensive now than immediately following one of the worst housing crashes in American history. Over the past decade, the market was […]
Housing Market News January 2019 Housing Market Update The Green Team’s January 2019 Housing Market Update was held on Facebook Live Tuesday, January 15 at 2 p.m.  If were unable to view the webinar live, you can watch it at your convenience here. You can also sign up for future updates at GreenTeamHQ.com/hmu. This month’s panelists…            Geoffrey Green, President/Broker […]
Housing Market News Why It Makes No Sense to Wait for Spring to Sell The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. The supply of homes for sale dramatically increases every spring, according to the National Association of […]
Housing Market News How Does the Supply of Homes for Sale Impact Buyer Demand? How Does the Supply of Homes for Sale Impact Buyer Demand? The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest […]
Housing Market News The Best Time to List Your House? TODAY! You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe shortage of listing inventory […]
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Housing Market News December 2018 Housing Market Update The Green Team’s December 2018 Housing Market Update was held on Facebook  Live Tuesday, December 11 at 2 p.m.  If you were unable to view the webinar live, you can watch it at your convenience here.  You can also sign up for future updates at GreenTeamHQ.com/hmu. This month’s panelists…      Geoffrey Green is the […]
Housing Market News November 2018 HOUSING MARKET UPDATE The Green Team’s November 2018 Housing Market Update was held live on Facebook Tuesday, November 13 at 2 p.m.  If you missed the live webinar, you can view it at your convenience by clicking here. You can also sign up for future updates at GreenTeamHQ.com/hmu.   Meet this month’s Panelists… Geoffrey Green , President/Broker of […]
Housing Market News October 2018 Housing Market Update The Green Team’s October 2018 Housing Market Update was held live on Facebook Tuesday, October 16 at 2 p.m.  If you missed the live webinar, you can view it at your convenience by clicking here. You can also sign up for future updates at GreenTeamHQ.com/hmu Meet this month’s Panelists from Green Team New Jersey Realty […]
Housing Market News September Housing Market Update The September Housing Market Update was held live on Facebook Tuesday, September 18 at 2 p.m.  If you missed the live webinar,  you can view it at your convenience by clicking here. You can sign up for updates at GreenTeamHQ.com/HMU. Meet the Panel               Geoffrey Green, President/Broker of  Green Team […]
Housing Market News How Much Has Your Home Increased in Value? 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 6.2% 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 Home Prices Have Appreciated 6.9% in 2018 Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and […]
Housing Market News Are Homebuyers Starting to Hit the ‘Pause’ Button? For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012. With this being said, three of the four major reports used to measure buyer activity has revealed that purchasing […]
Housing Market News August Housing Market Update The August Housing Market Update was held live on Facebook on Tuesday, August 14, at 9 a.m.  If you missed the live webinar, you can view it at your convenience by clicking here. Next month, the Housing Market Update webinar will take place on Tuesday, September 18 at 2 p.m.  You can sign up for […]
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 […]
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 […]