Agency News and Awards • February 13, 2019

Tom Folino – This former teacher is getting straight A’s from his clients

by Nicole McCormick

Upon retirement, this well-respected teacher and coach decided to turn his attention to a new career – real estate. When Tom joined the Green Team, Geoff Green said, “There might not be a better person to get into Real Estate in the Warwick market than Tom Folino. A true example of someone who has a huge network, is extremely likable, and always acts with integrity. What people might not know about him is that he is extremely diligent in his follow up and a very smart guy to boot. We are extremely blessed that Tom has decided to join our company.”

Geoff’s predictions are coming true. In his first year as a sales associate with Green Team New York Realty, Tom received an Honorable Mention Award for 2018, for achieving $1.5 to $3 Million in sales volume. And, while awards are good, the true reward for Tom is knowing that he has gone above and beyond for his clients. It’s now the former teacher who is being “graded,” and by the looks of it, he’s getting straight A’s!

A Special Transaction

A very special transaction was with Claire and Nick Previdi. Claire was a former student of Tom’s at Kings Elementary School. They purchased their first home in Chester, NY. Tom was also the listing agent for this home! This property was listed on December 4, 2018, and closed on January 18, 2019.

Client Testimonials

Barbara and Rob Lattimer – Warwick, NY 10990 — May 2020

Thomas Folino: Realtor Extraordinaire We recently purchased a condo in Warwick long distance. Tom guided us through the process with patience, professionalism and so much more. The Home Inspection needed to be done. We were 1200 miles away. Tom oversaw that. Major repairs were needed for the heating and a/c system. He supervised that work. Since we have taken ownership we have received texts from Tom letting us know all is well. It is obvious Tom loves his job and genuinely cares for those he serves. Thank you, Tom Folino!

Don Denmead – Warwick, NY — March 2020

Tom did an outstanding job in guiding me through the sale of my rental property. He was able to uncover multiple buyers even though the property had not been officially listed. Additionally, he explained the process and helped with the paperwork which optimized the time it took to complete the sale. I would recommend him to a friend and plan to use him again when I decide to downsize in the future.

Greg Maher – Warwick, NY — March 2020

I have known Tom Folino for roughly 20 years as he was my former elementary school physical education teacher. When I learned Tom was doing real estate I knew he would be the right person to guide me through my first home purchase. I wasn’t wrong. Tom was knowledgeable, compassionate, and understanding of all the questions I had. He regularly called to make sure I had everything I needed. I’m pleased with my new home and glad we could close in nearly 4 weeks. Job well done !!!

Evelyn Rosado – Greenwood Lake, NY — December 2019

Thomas is responsible, dedicated, respectful. He’s someone you feel comfortable working with. I’m very grateful I was able to count on him. I would definitely highly recommend his services.

Troy Edwards & Dashika Stewart– Monroe, NY — October 2019

Working with Thomas Folino was the best choice my fiancé and I could’ve ever made in choosing a real estate agent. We were both first time home buyers looking to relocate out of NYC. Thomas was so kind and patient each step of the way and assured us that everything would be fine within the process. He even went out of his way to connect us with a local mortgage broker who did a phenomenal job. We ended up closing on a three-bed condo in Monroe that we absolutely love. I would totally recommend Thomas to anyone and will for sure use him again. If he ever retired I would ask him to be my agent again one last time. 2019

Patricia and Thomas Lorgan – Warwick, NY — July 2019

We’ve known Ton Folino for over 40 years and both had the pleasure of teaching him. We were able to see his growth into an outstanding young man. Tom also became a teacher, and once again, we saw his growth as both a teacher and coach. He was our son’s basketball coach, and he was our other son’s supervisor as a swimming instructor. Tom was a wonderful and caring role model for not only our sons, but for all those who were fortunate enough to come in contact with him.

As a realtor, Tom continues to be just as outstanding. He worked tirelessly for us as we sold our home. Living in the same house for over 50 years and raising our 2 sons there meant we had some long-lasting memories, which were not easy to give up. Tom guided us through all those emotional times, and he made the transaction of going from homeowner to home seller as smooth and caring as possible. We had complete trust in Tom, and as always, never disappointed us. Whatever the highest rank possible for a realtor, Tom Folino is a deserving candidate. I wish all those who decide to sell their loving home to be as fortunate as we were to have Tom guide them on their emotional journey. Simply put, Tom Folino is the BEST !!!!

Brian Cisek – Warwick, NY — Mar 2019

Tom was very professional and easy to work with. He found me a great place in the location I wanted.

Miriam Stanford-Cusack– Greenwood Lake, NY — Mar 2019

We happened on Tom while wandering beautiful Warwick and knew from that moment he would be amazing! He is so patient and genuine. Tom found us exactly what we were looking for and was personable and informed. The whole process was practically stress-free and I love the place we found. I would recommend him!!

Mary Cusack– Greenwood Lake, NY — Mar 2019

Tom was knowledgeable, honest, always good-natured, and very hard working. He never stopped looking for possible places that might meet our needs and he did accomplish it. Tom found a beautiful place that exceeded our expectations. He negotiated a great price for us as well. Tom was always available when we had questions or requests. We had had previous experiences with realtors and Tom was a breath of fresh air!!! We’d recommend Tom without hesitation to anyone in the future!!!

Claire and Nick Previdi – Monroe, NY — Jan 2019

We are so pleased with our experience working with Tom to purchase our first home! He guided us through the entire process and was always available to answer any questions we had while responding quickly to calls and texts. I couldn’t believe how fast we closed on our house! Tom worked hard for us and always made sure we felt comfortable and understood what was happening at every step along the way. He immediately put us at ease as first-time homebuyers with his kind and personable nature. We highly recommend Tom for anyone looking to buy a house!

Joe LaBarca – Greenwood Lake, NY — Jan 2019

I met Tom Folino from Green Team Realtors when I decided to sell my home. Tom was very personable and upbeat about the process. Our home went up for sale in July and closed in Nov. He worked hard on selling our home and his marketing skills and negotiations were the best. We had lots of conversations about selling the house. He listens to all that is said to him He is fantastic. BIG Thank You, Tom. With his help, we are also in our new home 2500 miles away in Nov. also and I highly recommend Tom if you are buying or selling a house

Nicholas Mazzella – Warwick, NY — Dec 2018

I am so thankful to Mr. Folino, he really helped me find and get a place that I absolutely love, answering all questions, and putting in the time needed to help me. He was always in my corner from start to finish keeping me up to date and informed about any available homes and getting showings. Tom’s a hell of a real estate agent and will give you nothing but the best in service and work his tail off to get you what you’re looking for. Truly a pleasure to work with.

Kathleen Cisek – Warwick, NY — Dec 2018

I’ve never worked with a real estate agent as skilled and kind as Thomas Folino. He didn’t waste my time with rentals that weren’t for me, and found me the perfect house for rent based on the guidelines I gave him from price, number of rooms, to the bright kitchen. Tom knew exactly what I needed without my embellishing. As a woman, sometimes agents take advantage & waste time, but I’m happy to say Tom is not one of them! I was very happy with my experience. Tom was very thorough and helpful with any questions I had regarding paperwork, state regulations, rental procedures, the house, landlord & neighborhood. He helped me put in a strong application and the landlord chose me. With this competitive market, when I buy a house in the future I will definitely contact him. Thank you, Tom!

Joanne Haberlin and William Schwartz – West Milford, NJ — Dec 2018

Mr. Folino is the epitome of professionalism. He had a great knowledge of this area and several others. Tom also had the patience of a saint with my husband and I being so unsure of what exactly we really wanted. He stuck with us found us exactly what we needed and when this lease is up we will be using him again hopefully to purchase versus rent this time. I would highly recommend using him to anyone renting or purchasing!

Alberto Mata – Suffern, NY — Dec 2018

Mr. Folino is a great human being. Always ready to help in any way he can. I will highly recommend him as your realtor. He will always go above and beyond to satisfy your needs.

Scott and Victoria Cable – Washingtonville, NY — Nov 2018

Tom did a great job of helping us purchase our first house. He is a great negotiator and does a great job of communicating with the listing agent to expedite the whole entire process. He was very knowledgeable and informative which was fantastic since this was our first home. Tom is always there for us, responding to text or calls quickly no matter the time or the day! We went through other realtors before Tom and once we met Tom it was night and day in quality of service. I will recommend Tom a thousand times over!

Amanda Calabrese – Warwick, NY — Jul 2018

I just wanted to reach out with some positive feedback regarding one of your agents, Tom Folino. I’m not sure if this is the best forum to send this to you, but wanted to start somewhere. My husband and I have been working with Tom since April and he has shown us nothing but dedication, hard work, positivity, and communication. Tom made himself available to us even on his own personal time and followed up with every question in a very timely manner. I have had a few experiences with other realtors and Tom, by far, has exceeded all of these other experiences. Although we haven’t bought a home yet with Tom I would not hesitate to use him in the future and would highly recommend him to everyone looking for an agent in Warwick, New York. Please let me know that you received this email and would love to put this in a more formal letter if that would be helpful. Thank you for your time, Amanda Calabrese

This post has been updated 6/16/2020

Agency News and Awards • February 12, 2019

Tammy Scotto receives Commercial and Investment Real Estate Certification

by Nicole McCormick

Green Team New York Realty is pleased to announce that Tammy Scotto has just received her Commercial and Investment Real Estate Certification. The CIREC covers a variety of topics that are important to handling Commercial and Investment transactions.

About Tammy

Tammy was born and raised in the Town of Warwick. She brings 20 years of Real Estate experience as both a Buyers agent as well as a Selling Agent. Tammy also brings with her extensive knowledge of the local market. She joined the Green Team in 2014 and there’s been no stopping her. In 2017 Tammy was in the Green Team’s Captain’s Club, selling between $3-5 million in Real Estate. In addition, she was chosen by Geoffrey Green for that year’s Momentum Builder Award, for creating positive and consistent momentum in both her professional and personal life. This past year, Tammy soared to the newly formed “President’s Club,” after selling between $5-10 Million in 2018.

Tammy has a vast knowledge of the Real Estate Market. She has skills in negotiating and closing deals. And now she is excited to venture into another area of Real Estate.

How to Get a Better Perspective on Affordability

by Nicole McCormick

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 flooded with distressed properties (foreclosures and short sales) selling at 10-50% discounts. There were so many that this lowered the prices of non-distressed homes in the same neighborhoods. As a result, mortgage rates were kept low to help the economy.

Prices have since recovered. Mortgage rates have increased as the economy has gained strength. This has impacted housing affordability. However, it’s necessary to give historical context to the subject of affordability.

Two weeks ago, CoreLogic reported on what they call the “typical mortgage payment”. As they explain:

“One way to measure the impact of inflation, mortgage rates and home prices on affordability over time is to use what we call the ‘typical mortgage payment.’ It’s a mortgage-rate-adjusted monthly payment based on each month’s U.S. median home sale price. It is calculated using Freddie Mac’s average rate on a 30-year fixed-rate mortgage with a 20 percent down payment…

The typical mortgage payment is a good proxy for affordability because it shows the monthly amount that a borrower would have to qualify for to get a mortgage to buy the median-priced U.S. home…

When adjusted for inflation, the typical mortgage payment puts homebuyers’ current costs in the proper historical context.”

Here is a graph showing the results of CoreLogic’s research:

As the graph indicates, the most recent calculation remained 28% below the all-time peak of $1,275 in June 2006. That’s because the average mortgage rate at that time was 6.68%. As seen in the graph, both today’s typical payment and CoreLogic’s projection for the end of the year are less than it was in January 2000.

Bottom Line

Even though home prices are appreciating at a slower rate, home affordability will likely continue to slide. However, this does not mean that buying a house is an unattainable goal in most markets. It is still less expensive today than it was prior to the housing bubble and crash.

Get local housing market updates – sign up to receive the Green Team’s Housing Market Update Report.

Agency News and Awards • February 9, 2019

Green Team New Jersey Realty is #1 in Vernon

by Nicole McCormick

Green Team New Jersey Realty is the #1 real estate office in Vernon* and they couldn’t be prouder.

Some of Green Team New Jersey Realty Partners share their thoughts

According to Equity Partner Charles Nagy, “2018 was an exciting year for Green Team New Jersey Realty on a number of fronts. First and foremost, it was a year of great accomplishments for the team. Not only did we bring on some new and experienced talent, but we also bought our own office building. And, as a result of the team effort, we ended the year as the #1 real estate office in sales volume and transactions in all of Vernon, NJ after only our second year in business. It is exciting to see what we accomplished as a team for the entire year.”

Kim Lasalandra, Managing Broker, described how she felt. “I’m ecstatic! To be the #1 office in terms of sales volume within two years of opening our doors is truly remarkable. And it’s a tribute to the incredible work ethic and determination of our sales associates.”

Geoffrey Green, the founder of Green Team New York Realty and a partner in Green Team New Jersey Realty, shared his thoughts. “I’m very proud of everyone at Green Team New Jersey Realty for taking Green Team Realty’s model, bringing it to Vernon, growing it, and achieving #1 status. I just can’t wait to see what 2019 brings!”

Green Team Realty’s dedicated approach…

Green Team Realty’s dedicated approach has proven that the results are impressive when you provide productive, dedicated agents with continual training and support, a culture that values clients through excellent service and an appreciation program, and an array of competitive advantages. Furthermore, Green Team Realty’s commitment to local community and charities is another aspect that attracts like-minded real estate professionals.

Green Team New Jersey Realty’s new office is located at 293 Route 94, Vernon, NJ. To learn more, visit GreenTeamHQ.com or call 973-814-7344.

*As compared to all GSMLS Offices located in Vernon Township by closed sales volume for the time period of 1/1/18-12/31/18.

Housing Market News • February 4, 2019

January 2019 Housing Market Update

by Nicole McCormick

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 of Green Team Realty, moderates the monthly webinars. He also presents national statistics, together with local updates for Orange County, NY and Sussex County, NJ. This month he is joined by Carol Buchanan of Green Team New York Realty, Keren Gonen of Green Team New Jersey Realty and Patrick “PJ” Keelin of Family First Funding.

The National Outlook

The above charts are raw numbers – the number of homes that were sold from 2014-2018. It appears that things are softening a bit, but it doesn’t appear that it will be drastic.

The analytic showing inventory levels is important. It has been difficult to find homes for buyers over the last few years. However, it appears that inventory levels may be coming back a bit. Lower demand should yield more inventory, but hopefully what some inventory may do is bring some people back into the game who may have been been frustrated previously.

This survey of experts, market analysts, etc. addressed the question, “What Will Home Prices Do in 2019?” 100 people were surveyed and 94% projected that housing prices on a national basis will continue to appreciate. Geoff aligns himself with that 94%. He believes that in 2019 prices will come up again in spite of the fact that activity went down. Price always lags activity.

According to Geoff, this quote from Goldman Sachs is a good one. “Despite the headwinds facing the housing market going into 2019, we expect U.S. house prices to generally achieve a soft landing. We expect national average price appreciation to remain positive.” If this comes true, it’s music to Geoff’s ears. He lived and worked through the last downturn, where 50% of the number of homes that sold went away within a 2-year period of time once the market starting declining. It was a difficult time

The percentage of Americans who believe homeownership is a good investment continues to increase. The market is at a peak and confidence continues to increase. However, Geoff finds that people tend to buy high and sell low. They should be buying low and selling high. The bottom of the market, 2011, 2012, and 2013 would have been a good time for investment.

However, people are confident that it’s a good time to buy now. And one thing that will never change is that homeownership is a good thing.

January 2019 Local Housing Market Update for Orange and Sussex Counties

Units Sold

Five year look back. The thick green line is 2018 and while it’s been a mixed bag throughout the year, we ended up just a tad bit lower than the past two years.

In Sussex County, Units Sold was also a mixed bag, with one of the lowest totals in almost 4 years.

Average Price

In Orange County, prices were up substantially for a good part of the year. However, there was a cooling-off period towards the end of the year.

Sussex County never saw as much of an appreciation as Orange County did. However, 2018 was still a leading year over the past 5 years.

Asking to Sold Ratio

What price do homes on average sell for versus the last asking price? The higher towards 100% the hotter the market. The numbers have been strong for Orange County throughout the year.

Sussex County was strong in this category throughout the year. However, it hit its highest point in December 2018 with a ratio of 98.50%.

Panel Discussion

Geoff asked Carol Buchanan and Keren Gonen what they think of the market, as it appears a softening is underway. Carol stated that inventory is still low, and January and February are common months for the market to slow down. Carol does believe that 2019 is going to be a very good year. People seem undaunted by higher interest rates. Still a lot of buyers; just not enough homes.

Keren also agrees that 2019 will be a very good year. She thinks that people will start listing homes for sale within the next few months. Right now buyers are looking but there is still not enough inventory. She feels there are sellers sitting on the fence, not sure what to do and just holding out for a few more weeks or months. Geoff commented that the bread and butter of the season is March through August. So it’s natural for many homeowners to wait until March to list their homes.

Talking with Keren regarding foreclosure activity, Geoff asked if she see a decline? Banks are fixing up houses and putting them up at market prices. If the quality of work was good, that would be fine. However banks are bidding jobs out and the resulting work is not necessarily good work. Buyers expect to see good quality and are disappointed with what they’re finding. They often would prefer to pay more for a house that is in good shape. Therefore, many of these homes being sold by the banks are just sitting on the market. Banks are now competing with flippers who, generally speaking, do a better job at fixing up homes than the contractors. Buyers most often prefer paying full price for a home that was “flipped” well than on an REO that was not done well.

Geoff mentioned that this was not the trend in the past. Banks would not fix up their properties and try to sell them for more money. They’d just try to unload them at lower prices and buyers could get a good deal. Over the course of time we’ll see if banks decide to go back to the way they used to handle foreclosures.

Regarding the financing environment, Geoff asked Patrick “PJ” Keelin what we’re looking at for 2019. As Geoff put it, at the end of the day we’re really in the land of the banks, dependent on what they’re willing to do. And how many times the Federal government is willing to let banks leverage their money. PJ indicated that on a global scale, at the end of the year there was talk of the Feds raising the interest rate. That usually indicates a stronger economy; stronger aspects coming from the financing angle and mortgage-backed securities, etc. Unfortunately, at the end of the year there was a huge difference and the Dow dropped significantly. The drop in the Dow affected reports of things they were coming out with. So trends and thoughts of increased interest rates by the end of the year through that New Year boom fizzled out. There are reports that there is potentially going to be a decrease in interest rate for the year 2019. PJ believes that is something being put out there for a little bit of hope.

However, the biggest thing we’re competing with is the lack of inventory and what people will be able to purchase. Looking at an average household income of $60,000 to $70,000, that probably puts a person on average of what they can afford in terms of a property at $1,500 to $1,600 range. That gives them a certain price point that they have to stay in, and with increases in interest rates that is going to affect their eligibility to be able to purchase properties within a certain price range.

Geoff stated that all signs point to Fed raising interest rates. He asked PJ if he thinks that won’t be the case in 2019. PJ replied that there will be a lot less than they were expecting in 2018. They may skip the first interest rate rise. Hopes on the industry side are that there will be a potential interest rate drop. That may push that boom for people who are still sitting on the edge. He sees a stronger trend with the amount of people who are actually motivated in purchasing. They may finally be believing the reports that interest rates are not going to stay historically low and will go up. So many reports are going in different directions that it’s unsure what to make of it. Industry leaders are saying the market is staying relatively steady, but be prepared. There could be a drastic change.

Right the now trend is slow and steady. PJ commented that Geoff is proactive in all that he does; communicating with his sales associates and with the lenders they work with. Because ultimately these transactions need to happen quickly in order for them happen. When they remain open, bigger changes are coming.

Geoff wrapped up, saying that at the end of the day, interest rates are impacted by bond markets. As long as there is no major economic collapse, the housing market should be fine. He predicts a good 2019. PJ agrees, that it will be a good, strong year. People are getting more motivated.

Join us for the next Market Update

The next Housing Market Update will be held on Tuesday, February 12 at 2 p.m., when the Green Team will again be going live on Facebook. Sign up for updates at Greenteamhq.com/hmu.

Agency News and Awards • January 30, 2019

Green Team 2018 Awards Ceremony celebrates another year of growth and success

by Nicole McCormick

Agents and staff of Green Team Realty gathered together on January 18 at the Warwick Country Club to celebrate a year that was momentous in many ways. Geoff Green welcomed everyone and outlined some of the year’s milestones.

Among them, a new home for Green Team New Jersey Realty and a beautiful renovation of the Warwick Office. Add to that the many new sales associates that have joined Green Team New York Realty and Green Team New Jersey Realty.

Growth was an important topic. Through dedication, hard work, support, creative marketing and consistent training programs, many Green Team sales associates saw their businesses grow. And both offices saw sales volume increase. In fact, Green Team New Jersey Realty became #1 in Vernon (based on a comparison to all GSMLS offices in the township by closed sales volume for the period of 1/1/18-12/31/18). This achievement is made even more impressive considering GTNJR first opened its doors in 2016.

Award Presentations

Geoff Green believes in acknowledging and rewarding both growth and achievement. And what makes the award presentations so special is the support and pride that the whole Green Team family shows to the recipients.

Yearly Sales Leaders & 4th Quarter Sales Leaders

For the third year in a row, Jennifer DiCostanzo has earned the Yearly Sales Leader Award. And she also received the 4th Quarter Sales Leader Award for 2018. (photo left)

In the New Jersey office, the team of Charles Nagy and Ted VanLaar also received both the Yearly Sales Leader and 4th Quarter Sales Leaders awards. Charles ad Ted were also the 2nd Quarter Sales Leaders in 2018. (photo right)

President’s Club

As several sales associates achieved between $5 and $10 Million in Sales Volume, a new award category became necessary. Meet the charter members of the President’s Club.

From Left to Right: Jennifer DiCostanzo, Ted VanLaar, Joyce Rogers, Charles Nagy, Pip Klein, Tammy Scotto, Nancy Sardo and Dean Diltz.

Captain’s Club

This established award is given to those who do $3 to $5 Million in Sales Volume.

From Left to Right: Keren Gonen, Barbara Tesa, Vikki Garby, Lucyann Tinnirello, Linda VanDeWeert, Chris Kimiecik and Kim Lesley.

Honorable Mention

This new category was created to acknowledge those Sales Associates who had $1.5 to $3 Million in Sales Volume.

From Left to Right: Kimberly Lasalandra, Janine Blandino, Angela Murphy, Jacque Kraszewski, Mary Lynch, Terry Gavan, Toni Vogel, Tom Folino, Alison Miller, Ann Nussberger.

Not shown: Julianna Green, Toni Kreusch, Connie Marines, Denise Schmidt.

The Momentum Builder Award

Each year Geoff selects a sales associate who has demonstrated hard work and determination while overcoming obstacles. Someone who has come through a tough spot in life and turned challenges into great success; not just in real estate but in life. A person who shows no signs of going backward. Because it’s all about building momentum towards a brighter future. This year’s Momentum Builder is Joyce Rogers of Green Team New Jersey Realty. She is a single mom with an amazing work ethic. Her hard work earned her a place in the President’s Club. It also enabled her to achieve her goal of buying a house, exactly where she wanted to. She’s no longer in commuting distance from the office. However, that isn’t stopping Joyce from being part of the Green Team family. She’s now in a long distance “relationship” with the office. Something made possible by Geoff’s advancement of a tech-based office that allows people the freedom to work from wherever they choose.

The People’s Choice Awards

The winners of these awards are selected by their peers.

Citizen of the Year

Recipients of this award are nominated by their co-workers. Both have made outstanding contributions to our local communities. This is the third year in a row that Jen DiCostanzo has been named Citizen of the year by the Warwick Office. Jen originated Light up the Holidays for the Green Team, to raise funds for local charities. The program has evolved into Team Up for Hope. This is an initiative to raise funds and awareness of the local affiliates of NAMI (National Alliance on Mental Illness) and bring attention to mental illness in our communities. She is also the organizer of the holiday gift baskets for a family sponsored by the Green Team through the local food bank. And Keren Gonen has been named Citizen of the Year by her peers in Vernon for the second year. Keren has been instrumental in raising funds for the local charities. She is also extremely active in the Team up for Hope program. These women truly believe in giving back to the community and put in the time, effort and commitment to make things happen

Team Player Award

Recipients of this award were deemed the most reliable, positive and dependable. Furthermore, they work well with others and have great problem solving skills. It’s no coincidence that the award went to the Agent Service Managers of each office. Donna Roberts was voted Team Player by her peers in Warwick. And Lora Chandra received this recognition from her co-workers in Vernon.

And a special thank you goes to…

The 2018 Awards Ceremony was sponsored by Amy Green, Vice President of Mortgage Lending, Joe Moschella, Regional Manager, and Mark Slepian, Home Renovation specialist, all from Guaranteed Rate.

In addition, we had another special treat… The Kim Lesley Band had us dancing the night away. The genuine affection that members of the Green Team share is part of what makes Green Team Realty so special. Most importantly, people support and help each other and celebrate each other’s successes. And this wonderful event was the perfect way to launch into 2019!

Housing Market News • January 30, 2019

Why It Makes No Sense to Wait for Spring to Sell

by Nicole McCormick

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 Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:

Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.