46 episodes

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.

Real Talk with QHT - Life, Business, and anything related to the Queens / NYC Real Estate Market Queens Home Team

    • News
    • 5.0 • 13 Ratings

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.

    When to Offer No Mortgage Contingency + New Strategy for Attracting Buyers or Getting a Lower Mortgage Rate + Cooling Down of Queens Housing Market

    When to Offer No Mortgage Contingency + New Strategy for Attracting Buyers or Getting a Lower Mortgage Rate + Cooling Down of Queens Housing Market

    Need Help? Contact us at 718-968-5538 / info@queenshometeam.com / 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


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    • 23 min
    Ep. 45 -- Functional Obsolescense + Flood zones and Co-ops + New Listings + Book and Show recommendations

    Ep. 45 -- Functional Obsolescense + Flood zones and Co-ops + New Listings + Book and Show recommendations

    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!


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    • 32 min
    Ep. 44 -- Q1 2022 Review | Market is shifting | Mortgage Rates/Interest Rates

    Ep. 44 -- Q1 2022 Review | Market is shifting | Mortgage Rates/Interest Rates

    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.


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    • 30 min
    Ep. 43 -- External Obsolescence + How tight DTI ratios can Price buyers out of the Market + Home Affordability nears All Time Low

    Ep. 43 -- External Obsolescence + How tight DTI ratios can Price buyers out of the Market + Home Affordability nears All Time Low

    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/

     


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    • 16 min
    Ep. 42 -- What happens if you do your Inspection after Contract Signing? + How to Find out if a Property is in a Flood Zone + Mortgage Rates break 5%

    Ep. 42 -- What happens if you do your Inspection after Contract Signing? + How to Find out if a Property is in a Flood Zone + Mortgage Rates break 5%

    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 

     


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    • 16 min
    Ep. 41 -- What happens if you can't find your Stock Certificate? + How to Handle Multiple Offers + 10 Yr Treasury breaks 2.5%

    Ep. 41 -- What happens if you can't find your Stock Certificate? + How to Handle Multiple Offers + 10 Yr Treasury breaks 2.5%

    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 


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    • 17 min

Customer Reviews

5.0 out of 5
13 Ratings

13 Ratings

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