Real Talk with QHT - Life, Business, and everything related to the NYC Real Estate Market

Need Help? Contact us at: 718-968-5538 or [email protected] Our Listings:      ⁠https://search.queenshometeam.com/idx/featured⁠        Sign up to Receive our NYC Homeowner Newsletter:    ⁠https://www.queenshometeam.com/nychomeownerconnect⁠     Sign up to Receive our NYC Homebuyer Newsletter:    ⁠https://www.queenshometeam.com/nychomebuyerconnect⁠     Free Home Valuation:          ⁠http://www.queenshometeam.com/freehomevaluation⁠               Connect with us online:    ⁠http://www.instagram.com/queenshometeam⁠    ⁠http://www.facebook.com/queenshometeam⁠                         Subscribe to our Podcast:           ⁠https://podcasters.spotify.com/pod/show/nyhometeams⁠       Read our Latest Market Report:          ⁠https://www.queenshometeam.com/queens-real-estate-market-2024/⁠ 

Need Help? Contact us at: 718-968-5538 or [email protected] Our Listings:      ⁠https://search.queenshometeam.com/idx/featured⁠        Sign up to Receive our NYC Homeowner Newsletter:    ⁠https://www.queenshometeam.com/nychomeownerconnect⁠     Sign up to Receive our NYC Homebuyer Newsletter:    ⁠https://www.queenshometeam.com/nychomebuyerconnect⁠     Free Home Valuation:          ⁠http://www.queenshometeam.com/freehomevaluation⁠               Connect with us online:    ⁠http://www.instagram.com/queenshometeam⁠    ⁠http://www.facebook.com/queenshometeam⁠                         Subscribe to our Podcast:           ⁠https://podcasters.spotify.com/pod/show/nyhometeams⁠       Read our Latest Market Report:          ⁠https://www.queenshometeam.com/queens-real-estate-market-2024/⁠ 

Need Help? Contact us at: 718-968-5538 or [email protected] Our Listings:      https://search.queenshometeam.com/idx/featured        Sign up to Receive our NYC Homeowner Newsletter:    https://www.queenshometeam.com/nychomeownerconnect     Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect     Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation               Connect with us online:    http://www.instagram.com/queenshometeam    http://www.facebook.com/queenshometeam                         Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/nyhometeams       Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-2024/ 

Need Help? Contact us at: 718-968-5538, [email protected], or https://www.queenshometeam.com/help      Queens Real Estate Market Report: Q3 2024 https://www.queenshometeam.com/blog/queens-real-estate-market-report-q4-2023/ Our Listings:      https://search.queenshometeam.com/idx/featured        Sign up to Receive our NYC Homeowner Newsletter:    https://www.queenshometeam.com/nychomeownerconnect     Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect     Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation               Connect with us online:    http://www.instagram.com/queenshometeam    http://www.facebook.com/queenshometeam                         Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam            Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need Help? Contact us at: 718-968-5538, [email protected], or https://www.queenshometeam.com/help      Our Listings:      https://search.queenshometeam.com/idx/featured        Sign up to Receive our NYC Homeowner Newsletter:    https://www.queenshometeam.com/nychomeownerconnect     Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect     Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation               Connect with us online:    http://www.instagram.com/queenshometeam    http://www.facebook.com/queenshometeam                         Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam            Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need Help? Contact us at: 718-968-5538 or https://www.queenshometeam.com/help      Contact Geraldine at: 929-732-8507 or [email protected] Contact Chris at: 347-489-4994 or [email protected] Our Listings:      https://search.queenshometeam.com/idx/featured        Sign up to Receive our NYC Homeowner Newsletter:    https://www.queenshometeam.com/nychomeownerconnect     Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect     Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation               Connect with us online:    http://www.instagram.com/queenshometeam    http://www.facebook.com/queenshometeam                         Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam            Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need Help? Contact us at: 718-968-5538, [email protected], or https://www.queenshometeam.com/help      Our Listings:      https://search.queenshometeam.com/idx/featured        Sign up to Receive our NYC Homeowner Newsletter:    https://www.queenshometeam.com/nychomeownerconnect     Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect     Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation               Connect with us online:    http://www.instagram.com/queenshometeam    http://www.facebook.com/queenshometeam                         Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam            Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need Help? Contact us at: 718-968-5538, [email protected], or https://www.queenshometeam.com/help      Our Listings:      https://search.queenshometeam.com/idx/featured        Sign up to Receive our NYC Homeowner Newsletter:    https://www.queenshometeam.com/nychomeownerconnect     Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect     Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation               Connect with us online:    http://www.instagram.com/queenshometeam    http://www.facebook.com/queenshometeam                         Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam            Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need Help? Contact us at: 718-968-5538, [email protected], or https://www.queenshometeam.com/help     Our Listings:      https://search.queenshometeam.com/idx/featured       Sign up to Receive our NYC Homeowner Newsletter:   https://www.queenshometeam.com/nychomeownerconnect    Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect    Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation              Connect with us online:    http://www.instagram.com/queenshometeam   http://www.facebook.com/queenshometeam                        Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam           Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need Help? Contact us at: 718-968-5538, [email protected], or https://www.queenshometeam.com/help     Our Listings:      https://search.queenshometeam.com/idx/featured       Sign up to Receive our NYC Homeowner Newsletter:   https://www.queenshometeam.com/nychomeownerconnect    Sign up to Receive our NYC Homebuyer Newsletter:    https://www.queenshometeam.com/nychomebuyerconnect    Free Home Valuation:          http://www.queenshometeam.com/freehomevaluation              Connect with us online:    http://www.instagram.com/queenshometeam   http://www.facebook.com/queenshometeam                        Subscribe to our Podcast:           https://podcasters.spotify.com/pod/show/queenshometeam           Read our Latest Market Report:          https://www.queenshometeam.com/queens-real-estate-market-report-2023 

Need help? Contact us at 718-968-5538 or [email protected] New Listings: https://search.queenshometeam.com/idx/featured?per=100&srt=newest?ob=open-bridge/events&sp=1-100&srt=newest Free Home Valuation: https://www.queenshometeam.com/freehomevaluation/ Free Consultation: https://www.queenshometeam.com/freeconsultation/ Mortgage Rates: https://www.mortgagenewsdaily.com/mortgage-rates

Need help? Contact us at 718-968-5538 or [email protected] Our Listings: https://search.queenshometeam.com/idx/featured Free Home Valuation: https://www.queenshometeam.com/freehomevaluation/ Connect with Us: https://www.instagram.com/queenshometeam/ https://www.youtube.com/queenshometeam

Need Help? Contact us at 718-968-5538 or [email protected] https://www.queenshometeam.com/ More on Capital Gains Taxes: https://www.investopedia.com/ask/answers/06/capitalgainhomesale.asp Our Listings: https://search.queenshometeam.com/idx/featured Contact Us: https://www.queenshometeam.com/help/

Need Help? Contact us at 718-968-5538 or [email protected]  Our Listings:  https://search.queenshometeam.com/idx/featured  Free Home Valuation:  https://www.queenshometeam.com/freehomevaluation/ 

Need help? Contact us at 718-968-5538 or http://www.queenshometeam.com/help  SONYMA Mortgage Info:  https://hcr.ny.gov/sonyma-programs  SONYMA Regional Income Limits:  https://hcr.ny.gov/system/files/documents/2022/07/20220725_income_pp_limits_atd.pdf  Our Listings:  https://search.queenshometeam.com/idx/featured

Selecting the right list price to get your Manhattan or Brooklyn property sold is an art more than a science, and it involves a lot more than just looking at recent sales or current listings! Learn what we do with each and every seller to help them select the right list price for their Manhattan or Brooklyn apartment to help them sell and get the most the market will bear.

Need help? Contact us at 718-968-5538 or [email protected]  How to read Queens Addresses:  https://www.queenshometeam.com/blog/read-addresses-queens-new-york/  Today's rates:  https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370 

Daniel goes over the 4th quarter results for the Manhattan real estate market and what the 2023 market might hold for us. Make sure to download the full report for all the data at https://www.queenshometeam.com/blog/manhattan-real-estate-market-report-q4-2022/ Make sure to visit www.queenshometeam.com for all our blog posts!

Need help? Contact us at 718-968-5538 / [email protected] / https://queenshometeam.com/help  Zero Lot Line Building Info:  https://fontanarchitecture.com/detached-semi-detached-attached-buildings/  To request our Final Walkthrough and Post Close Checklist contact us at 718-968-5538  Mortgage Apps up 28% in one Week:  https://www.cnbc.com/2023/01/18/mortgage-demand-jumps-interest-rates-drop.html

We talk a lot about real estate on this channel, but we don't talk very much about ourselves. We thought it might be interesting for everyone to hear our personal stories: where we're from, other things we've done in our lives, our passions, hobbies, aspirations, and how we came to be agents on the team. In this series, Listing Specialist and podcast co-host Daniel Akerman interviews each team member and discusses all these things and more so you can get to know us as people. The human touch is foundational to our team's whole approach to service and business, and we want to share that with everyone.  For part 1 of this special series, it was only natural to start at the beginning with the team founders, husband and wife George and Abigail Herrera. Daniel talks with them about how they met, their background as prominent figures in the break-dancing scene, and their journey to getting into real estate and eventually founding the Queens Home Team and growing it into one of the most successful teams in the area! We hope you'll listen and learn about who we are.

Need help? Contact us at 718-968-5538 or [email protected]  For all your real estate needs, visit http://www.queenshometeam.com  What is an Executor?  https://www.investopedia.com/terms/e/executor.asp  Buyer Closing Costs in NYC:  https://www.brickunderground.com/blog/2015/03/closing_costs Stocks rally after December Jobs Report:  https://finance.yahoo.com/news/stock-market-news-live-updates-january-6-2023-125139275.html 

Need Help? Contact Us at 718-968-5538 or http://www.queenshometeam.com/help  9 Benefits of Homeownership:  https://www.realtrends.com/articles/agents-educate-your-customers-on-these-nine-tax-benefits-of-homeownership/ What is an ARM Loan:  https://www.investopedia.com/terms/a/arm.asp Active Listings:  https://search.queenshometeam.com/idx/featured Today's Rates:  https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370

Need help? Send us a message: https://anchor.fm/queenshometeam/message  Rules & Regulations for Airbnb in NYC:  https://news.yahoo.com/nyc-could-lose-10-000-235503460.html  What is a 3-2-1 Buydown Mortgage?  https://www.investopedia.com/terms/1/3-2-1_buydown.asp Today's Rates:  https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370

Often, in the process of a sale, buyers might request to gain access to a property for various reasons. They may want to take measurements for furniture, or get estimates for repairs, or even start making repairs. In very rare instances they may request to actually occupy the property prior to the actual closing date for various reasons. In this episode, we look at some of the reasons buyer might request access to a property during the contract-to-close process, the risks involved for sellers, the obstacles for buyers, and how to navigate these requests for both the buyer and seller.

The best kept secret in NYC real estate also happens to be a way for both the buyer AND the seller to save on closing costs at no expense to the other party. In this episode, QHT listing specialist Daniel Akerman gives a primer on the NYC Purchase CEMA. You'll learn what it is, how it works, who can use it, and how it can save both the buyer and seller thousands of dollars in closing costs.

What is a Letter of No Objection?  https://www1.nyc.gov/site/buildings/property-or-business-owner/letter-of-no-objection-or-completion.page  Request a Letter of No Objection:  https://www1.nyc.gov/assets/buildings/pdf/lno_lov_form.pdf  New Listings:  https://search.queenshometeam.com/idx/featured?per=100&srt=newest  Need Help? Contact us at:  www.queenshometeam.com/help

Need Help? Contact us at 718-968-5538 / [email protected] / www.queenshometeam.com/help  American Water Resources:  https://www.awrusa.com/nyc/  New Listing (33-39 88th St):  https://search.queenshometeam.com/idx/details/listing/b056/3431968/33-39-88th-Street-Jackson-Heights-NY-11372 

Need Help? Contact us at 718-968-5538 or [email protected] New Listings:  https://search.queenshometeam.com/idx/featured?per=100&srt=newest  Free Consultation: www.queenshometeam.com/freeconsultation 

Need Help? Contact us at 718-968-5538 / [email protected] / http://www.queenshometeam.com/help  How Does a Mortgage Contingency Work? https://www.rocketmortgage.com/learn/mortgage-contingency#:~:text=A%20mortgage%20contingency%20is%20a,their%20earnest%20money%20deposit%20returned.  What is a Rate Buy Down?  https://www.lendingtree.com/home/mortgage/buydown/#:~:text=A%20mortgage%20rate%20buydown%2C%20which,rate%20and%20the%20lowered%20rate. New Listings:  https://search.queenshometeam.com/idx/featured?per=100&srt=newest  Today's Rates:  https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370  Housing Affordability nears All Time Low:  https://www.prnewswire.com/news-releases/black-knight-as-home-affordability-nears-all-time-low-amid-spiking-interest-rates-and-still-rising-prices-borrower-behavior-and-preferred-products-changing-301537005.html One Up on Wall Street:  https://www.amazon.com/One-Up-Wall-Street-Already/dp/0743200403/ref=sr_1_1?keywords=one+up+on+wall+street&qid=1654701633&sprefix=one+up+on+%2Caps%2C187&sr=8-1

Between laughs and silliness, George, Abi and Dan discuss the tip of the week (Functional Obsolescence), FEMA flood zones and how they relate to co-op purchases, new listings for the team, and share their book and show recommendations. Have a listen, share a couple of laughs, and learn a couple of nuggets about real estate in NYC!

In this episode, George, Dan and Abi get together and review the key stats for the 1st Quarter of 2022 and discuss the rising interest and mortgage rates, how the market is shifting moving into the 2nd Quarter, and what those things might mean for buyers, sellers and agents.

In this week's episode, George explains the definition of External Obsolescence and how it can affect the value of a property. He then talks about a recent aha regarding debt to income ratios and how they are currently affecting loans given the sharp rise in mortgage rates. George then talks about some new listings hitting the market this week, mortgage rates, the stock market, and a recent report showing that home affordability is nearing all time lows. Take a listen and feel free to reach out if you have any questions :)  External Obsolescence Definition:  https://www.realtown.com/blog/External-Obsolescence  Front End DTI vs Back End DTI:  https://www.investopedia.com/terms/f/front-end-debt-to-income-ratio.asp New Listings:  https://search.queenshometeam.com/idx/featured?per=100&srt=newest Black Knight: As Home Affordability Nears All-Time Low Amid Spiking Interest Rates and Still-Rising Prices, Borrower Behavior and Preferred Products Changing https://www.prnewswire.com/news-releases/black-knight-as-home-affordability-nears-all-time-low-amid-spiking-interest-rates-and-still-rising-prices-borrower-behavior-and-preferred-products-changing-301537005.html  Today's Rates:  https://www.bankrate.com/mortgages/mortgage-rates/  

In this week's episode, George Herrera discusses the pros and cons of waiving your inspection in NYC. He then discusses properties in flood zones and how you can check the flood zone for any given property. Then George goes over our new listings on the market this week. He then discusses mortgage rates, the economy, the stock market, etc. And lastly, he gives a new recommendation to feed your mind :) If you have any questions, feel free to reach out anytime. Thanks for listening!  FEMA Flood Maps:  https://msc.fema.gov/portal/home New QHT Listings:  https://search.queenshometeam.com/idx/featured?per=100&srt=newest  Today's Mortgage Rates:  https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370   

In this week's episode, George answers a recent question from a coop shareholder who never received their stock certificate. What do you do in this situation? Find out here... Then George gives some tips on how to handle multiple offer situations. Whether you're an agent or a seller, this is a proven strategy that has worked for the Queens Home Team time and time again... Then George speaks about a new listing hitting the market this week. And lastly, he talks about the fact that the 10 year treasury broke 2.5% and mortgage rates are closing in on 5%. A lot of interesting stuff happening this week!  As always, if you have any questions or ideas for future episodes, feel free to contact us at http://www.queenshometeam.com/askqht  What is a Coop Stock Certificate?:  https://www.hauseit.com/co-op-shares-nyc-real-estate/#:~:text=Co%20op%20shares%20are%20similar,own%20and%20other%20miscellaneous%20information. 10 year Treasury rises to 2 Year High of 2.5%:  https://www.cnbc.com/2022/03/25/us-bonds-treasury-yields-flat-friday.html 

In this week's episode, George talks about a recent situation in which a Queens homeowner had their party driveway blocked by a neighbor who put up an iron gate preventing him from using it. What do you do in this situation? Find out in this episode... George then discusses one of the most important things you should have when buying a property in NYC. In short, he talks about the important of working with an agent who is a member of multiple MLS's since here in NYC ever borough has their own MLS and agents in each one list properties in other boroughs. George then talks about two upcoming listings, current mortgage news, some comments from Lawrence Yun (Chief Economist for NAR), the 10 year treasury, and the Stock Market. As always if you have any questions, feel free to contact us at http://www.queenshometeam.com/askqht  File a Complaint for something Blocking your Driveway:  https://portal.311.nyc.gov/article/?kanumber=KA-01980  OneKey MLS:  https://www.onekeymls.com/ OLR:  https://www.olr.com/ REBNY:  https://www.rlsny.com/ Brooklyn MLS:  https://www.brooklynmls.com/  Mortgage Rates soar past 4%:  https://finance.yahoo.com/news/mortgage-rates-soar-past-4-percent-143733545.html?_pxl=djoxLGM6MTZiYTAxMzEzMjYxMzksYTox

In this week's episode, George answers a question from a home buyer who saw a 2 family house which had 5 kitchens and 5 electric meters. The question is, wouldn't that make it a legal 5 family? Find out in this episode. George then talks about escalation clauses and how they can be used in the Queens/NYC market when going for a competitive property. Then he talks about the new QHT listings on the market this week, and lastly he talks about the stock market, economy, mortgage rates, etc. Enjoy :) Information on Certificate of Occupancies:  https://www1.nyc.gov/site/buildings/property-or-business-owner/certificate-of-occupancy.page   More information on Escalation Clauses:  https://myhome.freddiemac.com/blog/homeownership/20210707-offer-escalation-clause New Listings:  Studio Coop in Kew Gardens - https://search.queenshometeam.com/idx/details/listing/b056/3379937/125-05-84th-Avenue-5H-Kew-Gardens-NY-11415 2 BR/2 BTH Coop in Harlem - https://search.queenshometeam.com/idx/details/listing/b056/3380292/102-Bradhurst-Avenue-710-New-York-NY-10039 2 BR/2 BTH House in Woodside - https://search.queenshometeam.com/idx/details/listing/b056/3381834/47-04-69th-Street-Woodside-NY-11377 3 Level 1 Family in Jackson Heights North - https://search.queenshometeam.com/idx/details/listing/b056/3381782/25-01-86th-Street-E-Elmhurst-NY-11369 Today's Rates: https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370 

In this episode, Daniel, George, and Abigail talk about the pros and cons of doing a pre home inspection, then they go over open permits and how to handle them, and lastly they discuss the current career opportunities with QHT. Below is a link to our preferred home inspector for pre-inspections as well a link to the department of buildings building information system (BIS), and a link to contact us if you are interested in joining our team :)  Home Inspector for Pre-Inspections:  http://www.touchstoneinspection.com/ NYC Department of Buildings Building Information System (BIS): https://a810-bisweb.nyc.gov/bisweb/bispi00.jsp Join the Team:  https://www.queenshometeam.com/join/

In this episode, George addresses a question received from a potential home buyer who is curious what the minimum down payment is if he is a first time buyer, but his wife is already a co-signor on another property. George then talks about a recent Aha in which he learned the actual steps that must be taken in order to challenge your NYC property tax assessment. George then talks about 2 new listings that just hit the market this week (1 bedroom junior 4 condo in Forest Hills and a 2 bedroom coop in Jackson Heights) and lastly discusses what's going on in the stock market and economy.  Step by Step Guide to Challenging your Tax Assessment:  https://www.queenshometeam.com/blog/step-by-step-guide-on-how-to-challenge-your-nyc-property-tax-assessment/ New Listing in Forest Hills (1 BR Junior 4 Condo):  https://search.queenshometeam.com/idx/details/listing/b056/3376539/119-49-Union-Turnpike-12A-Forest-Hills-NY-11375 New Listing in Jackson Heights (2 BR Coop):  https://search.queenshometeam.com/idx/details/listing/b056/3378190/34-40-78th-Street-2H-Jackson-Heights-NY-11372  Mortgage Rates drop to Pre-Pandemic Levels:  https://fortune.com/2022/02/23/mortgage-applications-plunge-pre-pandemic-levels/ 

In this episode, George answers the question, "is now the right time to buy a property in Queens?" and "is now the right time to sell a property in Queens?". He then dives into the topic of NYC Bedroom Codes, talks about a new 1 bedroom coop listing in Kew Gardens, and then talks about the market and economy. Take a listen and drop us a line if you have any questions :)  NYC Bedroom Code info:  https://fontanarchitecture.com/bedroom-codes-nyc-habitable-space/  New Listing Details:  https://search.queenshometeam.com/idx/details/listing/b056/3376398/118-60-Metropolitan-Avenue-5L-Kew-Garden-Hills-NY-11415 Today's Rates:  https://www.bankrate.com/mortgages/mortgage-rates/?type=newmortgage&market=2&propertyvalue=500000&loan=400000&perc=5&prods=1&fico=740&points=All&cs=0&zip=11370 Need Help? Contact Us https://www.queenshometeam.com/help/  

Daniel Akerman goes over all the major stats for the Brooklyn real estate market in 2021, and specifically the 4th Quarter. He talks about the major real estate headlines for Brooklyn, what went on in the Brooklyn market, how it compared to 2020 and 2019, and provides thoughts on where the Brooklyn real estate market might be headed in 2022.

George walks us through all the data for the Queens real estate market at the end of 2021, detailing what happened in the Queens market in Q4 compared to the previous quarter, as well as Q4 of 2020, and he gives his opinions on what 2022 might have in store. As always, George packs this one full of great information, so pull out your notebooks! 

Dan reviews some of the key real estate headlines for New York City in 2021 and gives his thoughts and observations on the 2021 Manhattan real estate market and what 2022 might have in store for the Manhattan market, including stats and data from UrbanDigs.com

Everyone loves to have more money available. Here are 5 quick tips on how to save some dough!

With the flooding that happened in NYC as a result of rainfall from Hurricane Ida, and several deaths mostly in basement apartments, renewed scrutiny has come to the whole issue of basement apartments in NYC. Mayor De Blasio announced a period of no fines to owners of illegal basement apartments. In this episode, George and Dan go over the decision and the ramifications for NYC homeowners.

At the beginning of September, 2021, Hurricane Ida passed over New York City, dropping record amounts of rain and leading to serious flooding. In this episode, George and Dan go over how FEMA assistance works, who is eligible for it, and how to file for the available FEMA assistance. If you had flooding and damage to your property, you need this information! https://www.fema.gov/disaster/hurricane-ida https://www.fema.gov/disaster/4615 https://www.dfs.ny.gov/consumers/help_for_homeowners/disaster_flood/Register_FEMA

Queens Home Team team owners George and Abigail Herrera recently went into contract on an investment property and picked up a couple of nuggets about the lending process and mortgages. In this episode, we look at some tips for shopping around for lenders. We also look at the "rate lock" aspect of mortgages, and different considerations that a buyer might make when deciding on the right strategy to lock their interest rates -- or even whether to lock them at all!

For homeowners, potential sellers and prospective buyers, keeping up to date on the market and getting expert advice is important for many reasons. Although we're well into the 3rd quarter, we wanted to share the market stats for the 2nd quarter and give some insights into what the market is doing, some analysis on what the number mean, and some thoughts on where the market might be headed. Better late than never! 

What is Local Law 152? Dan hadn't even heard of it until George suggested this episode. If you're a multifamily owner in New York City, you NEED to be aware of Local Law 152 and listen to this episode -- or risk getting hit with a $10,000 fine by the city. If you own a NYC property that is a 3-family or larger, learn what it is, what it requires, and how to be in compliance in this short episode.

Selling a home is almost always a stressful process, no matter how smoothly it goes. That stress can often bring underlying family or relationship issues to the surface. Even when relationships are strong, if two or more people have different perspectives or priorities related to a home sale, it can quickly become tense and difficult -- especially in New York City where so much money is involved. In this episode, at Abigail Herrera's suggestion, we talk about different situations and different family relationships that we often encounter in a sale, and how families -- and agents -- can handle these situations to avoid as much tension as possible. We look at estate sales, sibling rivalries, divorces, and all sorts of other situations where potential disagreements and tensions can arise and discuss the simple, key elements to ensuring a smooth and successful sale.

Did you know there are co-ops in NYC where buyers can't get a loan and have to buy all cash? Many don't even realize that in addition to the buyer being approved for a loan, the BUILDING also needs to be approved. In some buildings, that isn't possible for various reasons, and it can have a serious impact on both buyers and sellers! Listen to this episode to learn why this happens, and how "cash-only" co-ops impact you whether you're a hopeful buyer or an owner trying to sell. Make sure to visit us online at www.queenshometeam.com Send in your questions and episode ideas to: [email protected] | [email protected] Facebook: http://www.facebook.com/queenshometeam YouTube: http://www.youtube.com/queenshometeam Instagram: http://www.instagram.com/queenshometeam Our Manhattan specialist: www.AkermanNYC.com