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2022’s 4th Quarter Sales Leaders
We are proud to share our 2022 4th Quarter sales leaders. These agents have shown their hard work and dedication and have ended the year on top.
According to Vikki Garby, President of Better Homes and Gardens Real Estate Green Team,
“Our agents have endured significant changes this past year. In an effort to strengthen our organization for the benefit of both our clients and our agents, we made management changes and we affiliated with the international lifestyle brand, Better Homes and Gardens Real Estate. While change can be difficult, our agents embraced our new tools with the guidance of our new leadership. Throughout the year, they stayed focused on their clients’ needs which is first and foremost our #1 priority. I’m so proud of each and every one of our agents and look forward to another great year in 2023.”
Congratulations to all these amazing agents!
Carol Buchanan, Kristi Anderson, Cara Dumond, Barbara Matchett, Tammy Scotto, Ted Van Laar, Charles Nagy, Nancy Sardo, Barbara Tesa, Krissy Many, Yvette Saldana, Edward Sattler, Kim Lasalandra, Chris and Megan Kimiciek, Joe Mackey, Michelle Spina, and Tom Folino.
Three GTNYR Realtors among Hudson Valley’s Best Real Estate Agents in 2021
HVMag publishes its list of the Hudson Valley’s Best Real Estate Agents in 2021
The title in Hudson Valley Magazine says it all. Meet the Hudson Valley’s Best Real Estate Agents in 2021. Included in the directory are Associate Brokers Jennifer DiCostanzo, Dean Diltz, and Nancy Sardo. With only seven Warwick real estate agents listed in the directory, this is quite an accomplishment.
Methodology
Last year, Hudson Valley Magazine published its first Real Estate All-Stars directory.
Now in the directory’s second year, Hudson Valley Magazine states:
“We’ve heard it time and time again: Demand is high and inventory is low. Buyers need help finding their dream home and sellers need advice on getting the most for their property. Enter real estate agents. To identify the top real estate agents in the Hudson Valley, we enlisted DataJoe Research, whose research is a robust process that factors in sales volume (Oct 1, 2019–Oct. 1, 2020), peer nomination, consumer nomination, license/discipline status, and other factors. Agents are listed alphabetically by county.”
About Jennifer DiCostanzo
Jennifer DiCostanzo is ranked #13 in Orange County, in the top 1% of real estate sales in the county. She has been the yearly Green Team New York Realty sales leader for the past 5 years. In addition, she was the first sales associate to receive the MVP Circle Award for over $10 Million in sales. In fact, this is her third time receiving this award. Jen has also been a three-time Citizen of the Year award winner. This is Jen’s second year as a Real Estate All-Star. She is an Accredited Buyer’s Representative, as well as Sales Representative Specialist, Pricing Strategy Advisor, and Seniors Real Estate Specialist.
About Dean Diltz
Dean Diltz is a Green Team President’s Club award-winner (sales between $5 and $10 Million) for the third straight year. In 2020, he was one of the Top 3 producing agents at Green Team New York Realty, as well as a Hudson Valley Magazine Real Estate All-Star selection for the second straight year (awarded to the Top 1% of all agents in this 8-county region).
About Nancy Sardo
Nancy Sardo is a two-time Green Team Realty Presidents Club Award Winner. In 2020 she achieved $10.4 Million in sales volume and joined Green Team’s MVP Circle. She is in the top 1.5% of all agents in Orange County for 2020. Nancy is a new construction specialist, as well as Accredited Buyer’s Representative and Seniors Real Estate Specialist.
Are NYC residents moving to the suburbs?
Are people really leaving NYC for the suburbs?
Are NYC residents moving to the suburbs? Statistics show how Covid-19 has devastated New York City. The number of people with COVID-19 and the number of deaths is staggering. Social distancing is difficult. There is no doubt that crowded streets, elevators, and often apartments are not conducive to sheltering-in-place. So, are people really leaving NYC for the suburbs?
According to both local and national news sources, the answer is a resounding “YES!” The headlines tell the story.
National Media
USA Today‘s headline screams, “Get me out of here! Americans flee crowded cities amid Covid-19, consider permanent moves.” According to that article, nearly one-third of Americans are considering moving to less densely populated areas because of Covid-19. On May 8 the New York Times described this phenomenon in “Coronavirus Escape: To the Suburbs.” Then, on May 16 they published “Where New Yorkers Moved to Escape Coronavirus.” According to CNBC, Wealthy New Yorkers flee Manhattan for suburbs and beyond.
Local Media
Locally, radio station 101.5 WPDH posted two blogs on this subject. The first, “NYC Residents Expected to Move to Hudson Valley in Droves.” And “Sellers market driving Hudson Valley Home Prices Way Up.” Additionally, Straus News just published the following story in all its local papers for Orange County NY, and Sussex County NJ: “Pandemic-driven house frenzy hits local towns.”
Green Team Realty Sales Associates: Are they seeing NYC residents moving to the suburbs?
Current real estate market conditions and economic trends were major points of discussion during Green Team Realty’s monthly Housing Market Update. We asked several sales associates if they are seeing NYC residents moving to the suburbs as a result of COVID-19.
Green Team New York Realty – Warwick and Orange County, New York
Angela Murphy, Real Estate Salesperson, and Business Development Associate,
I have seen a rise of new buyers coming from all 5 boroughs of the city. Most of my clients want municipals verses septic, well or oil tanks, which has opened up many areas to view in Orange County. The pandemic has definitely pushed them to head north quicker than they might have, otherwise.
Nancy Sardo, Associate Real Estate Broker
I am seeing an influx of highly qualified tenants as well as an above-average amount of new buyers ready to move quicker than before. We are seeing many more cash buyers, many more full-price offers with less negotiation from a smart buyer. Experienced buyers to the area are more willing to do some elbow grease in order not to hiccup on the deal. Otherwise, they risk the seller moving onto the backup offer. Buyers and people, in general, are serious about the betterment of their surroundings. And, with what we are currently going through, they are now more apt to pay for it. We are in a seller’s market and here in Warwick NY and Orange County on a whole, there is an exaggerated upswing of interest in our beautiful Hudson Valley.
Jennifer DiCostanzo, Associate Broker
Interest is trending with buyers looking for a home that meets their needs both for lifestyle and working from home. They like the idea of self-sufficient living. Being just 60 miles from NYC makes the lower Hudson Valley, with its pricepoint, very attractive for primary and secondary homes. Everyone is coming to a realization that home has to meet both work and leisure needs. Also desired are adaptable living spaces. Living through this pandemic has redefined the concept of home for many people. Outdoor space has become a luxury, particularly for City dwellers. However, it’s not just City dwellers who are redefining what “home” means. There are local buyers who are also looking for that change in lifestyle, space and function.
Green Team New Jersey Realty – Vernon and Sussex County, New Jersey
Kristi Anderson, Realtor
I think that many buyers are coming to the Sussex area because we have had much fewer cases of COVID-19 up here. Most of my clients are buying second homes.
Keren Gonen, Real Estate Salesperson
I am seeing a LOT of NYC buyers. They are CASH mostly and looking to run away. Some are buying a second home, but plenty are moving in this direction to get away from the City completely and realizing the advantages of living in “The Country.” Those buyers have a much larger budget than our “usual” buyers and are looking for updated houses mostly. They are ready, willing, able and QUALIFIED buyers. They are all mesmerized by our charm here in Sussex county.
After months of sheltering in place, many people are reexamining their concept of the ideal home. This pandemic has shown us that we can’t take for granted life as usual. New York City has undergone a drastic transformation. That ideal City life is on pause. Broadway shows, restaurants, boutiques, department stores, museums, vibrant nightlife, closed, Families living in cramped apartments, worried about catching the virus, long for privacy, more room, areas to work, and space for the kids. Furthermore, they’re looking for outdoor living space. And approximately 60 miles away is the beautiful countryside of Orange and Sussex Counties.
NYC residents are looking for homes that provide lots of room for their family’s needs, including work from home space. Covid-19 has shown us the possibilities that exist in telecommuting. People and businesses are realizing that it may not be necessary for people to go to the office every day. As noted above, there are also people looking for second homes, so that they have someplace to “escape” to, should another shelter-in-place be required. Even in a seller’s market, they know they can get more house for their money here. Finally, there are unique hamlets, villages, and towns that offer lifestyles and qualities that people have decided are just what they need in this day and age.
May 2020 Housing Market Update
Geoff Green, President of Green Team Realty, welcomed everyone to the May 2020 Housing Market Update. The webinar was held on Tuesday, May 19 at 2 p.m. And, according to Green, “These are interesting times we live in,” to say the least. Geoff shares both national and local stats. Furthermore, he checks in with those who have “boots on the ground.” Sales Associates from Green Team New York Realty and Green Team New Jersey Realty share what’s happening in their respective states and communities. There are different regulations for the real estate industry in New York and New Jersey. Thus, there are differing impacts on what is happening in each state.
If you missed the webinar or would like to view it again, it’s available here:
Meet the Panel
The May 2020 Housing Market Update panel shared their observations, experiences, and expertise in this Covid-19 market. Keren Gonen and Kristi Anderson with Green Team New Jersey Realty talked about Vernon and the Sussex County NJ market. Nancy Sardo and Angela Murphy, with Green Team New York Realty, discussed Warwick and the Orange County NY market. Summer Mangels, Home Loan Consultant with Valley National Bank, shared her experiences with financing and refinancing in a Covid-19 market. Watch the above video to hear what the experts had to say.
Something everyone is talking about is:
When is the economy going to fully recover?
The Chairman of the Federal Reserve recently said that recovery is going to take longer than most people expect. However, several major financial institutions are calling for recovery in the second half of 2020. They include Goldman Sachs, JP Morgan, Morgan Stanley, and Wells Fargo. And, although unemployment numbers are historically high, they are trending down in terms of the number of new filings. As the country starts to reopen, we will hopefully see unemployment numbers go down.
The US Bureau of Labor Statistics provides data on the professions and categories most impacted by unemployment. In our April 2020 Housing Market Update we discussed those categories making up the largest majority of unemployed. Service and Bartending were the biggest category then. That number has come down a little as of May 8. Hopefully, as more and more businesses are able to reopen, people in these industries will be able to return to work.
Impact of Covid-19 to Real Estate Showings in North America
Data from ShowingTime provides analytics on the impact of Covid-19 on real estate showings. In March, showings plummeted. However, in mid-April, they started to shoot back up. When thrust into shut-down mode, there was panic and uncertainty. But as time has gone by, we’re learning how to more comfortably deal with the challenges with safety in mind. The reality is people still need homes. People still need to find homes when relocating. Life goes on. And we’re adapting to the rules and regulations as they change.
Homeowner Equity
Another important factor is the percentage of homeowner equity. If you have no mortgage, you will probably be calmer about current financial challenges and uncertainty and be more willing to spend. However, if you have a high debt to equity ratio, things will be tighter and you’ll probably have to hold back on spending. 42% of homeowners in the United States have no mortgage. 58% of all homes in America have at least 60% equity. And the average equity of mortgaged homes is $177,000. These stats show that homeownership offers many Americans some financial stability.
Years for the unemployment rate to return to the pre-crisis level
National and Local Stats on Units Sold & Average Sales Price
On the national level, the chart shows existing home sales for March (pre-COVID). At that point, home sales were a little lower than the previous few years. Prices were on an upward trend pre-COVID. The months’ supply of inventory is showing a seller’s market, with the lack of inventory available.
What is especially interesting is what is going on in Orange County, NY versus Sussex County, NJ. These are bordering counties in different states, with different COVID regulations. In New York, realtors cannot physically show homes to buyers. In New Jersey, they can. Sales in Orange County have plummeted. April numbers were substantially lower than in previous years. However, average sales price was not impacted. In Sussex, April was a good month. They held firm as far as units sold. And prices are continuing to rise.
“Housekeeping” Details:
To reach any of the May 2020 Housing Market Update panelists,
Green Team Realty 4th Quarter 2019 Sales Leaders
Congratulations from Geoff Green, President of Green Team Realty, to our 4th Quarter 2019 Sales Leaders
I am thrilled to see that Nancy Sardo of Green Team New York Realty has won the 2019 Q4 Sales Leader Award. This is no small accomplishment as there are many top producers in our Warwick Office. Nancy is an exceptional Realtor, a great businesswoman and a good friend to myself and many others in our community.
And we are very excited to announce Kristi Anderson for her first Quarterly Sales Leader award with Green Team New Jersey Realty. Kristi has been an outstanding Realtor and citizen in Sussex County for many years, and we are just thrilled to see her rising to the top of the production ranks. This will be the first of many for Kristi.
Nancy Sardo, Green Team New York Realty
Nancy Sardo has been listing and selling homes in Orange County, New York since 2005. Her experience and eye for detail allow her to see potential in resales. And her knowledge as a new construction broker offers building as another option for the buyer who has exhausted the limited resale market.
Nancy has earned her Associate Broker’s License, Seniors Real Estate Specialist (SRES) designation. She is also an Accredited Buyer’s Representative (ABR).
I am grateful for achieving 4th Quarter Sales Leader at Green Team New York Realty. It’s a great group of professionals to work with, even in an independent, competitive industry.We’re in a business that changes day to day. However, “setting goals is the first step in turning the invisible into the visible.” This small but valuable quote from Tony Robbins goes a long way. I had a great year and most of all thank my family, friends, and the clients who are now friends, I have a “dream team” of colleagues to work with. Your referrals are the heart and soul of my business. I promise integrity, commitment, communications and trust.
Kristi Anderson, Green Team New Jersey Realty
When Kristi Anderson joined Green Team New Jersey Realty she brought with her over 18 years of experience. The Broker-Realtor® is an Accredited Buyer’s Representative (ABR) and has Short Sale and Foreclosure Resource Certification.
In addition, as a Vernon resident of 15 years she has a thorough knowledge of the area and local market. This busy mom of four still finds time to volunteer with the Vernon Township School District’s SCA. And she is also a dedicated and hardworking volunteer board member of the Vernon Chamber of Commerce. But perhaps most importantly, she brings a desire to help people make their real estate dreams come true.
I am so happy to be part of a team with the passion, energy and commitment to client service that I have. I do whatever it takes to get the home SOLD! Thank you to all of my clients. You are the reason I love my job!
