DiscoverReal Talk with QHT - Life, Business, and everything related to the NYC Real Estate Market
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Real Talk with QHT - Life, Business, and everything related to the NYC Real Estate Market
Author: NY Home Teams at Keller Williams Realty
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A look at life and real estate through the eyes of some of the top real estate agents in Queens and NYC. Here we cover a wide range of topics with the intention to educate people so that they can better navigate life, and the complex real estate market in Queens and NYC.
75 Episodes
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Need Help? Contact us at: 718-968-5538, info@queenshometeam.com, 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
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
Need Help? Contact us at: 718-968-5538 or https://www.queenshometeam.com/help
Contact Geraldine at: 929-732-8507 or geraldine@queenshometeam.com
Contact Chris at: 347-489-4994 or chris@queenshometeam.com
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, info@queenshometeam.com, 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, info@queenshometeam.com, 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, info@queenshometeam.com, 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 info@queenshometeam.com
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 info@queenshometeam.com
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 info@queenshometeam.com
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 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
Need help? Contact us at 718-968-5538 or info@queenshometeam.com
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
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
Need Help? Contact us at 718-968-5538 or info@queenshometeam.com
New Listings:
https://search.queenshometeam.com/idx/featured?per=100&srt=newest
Free Consultation:
www.queenshometeam.com/freeconsultation
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 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 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/
Everyone loves to have more money available. Here are 5 quick tips on how to save some dough!
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