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Welcome to your new home in Queensview! Perched on the 14th floor at 21-25 34th Avenue, discover apartment #14C, a spacious three-bedroom sanctuary boasting breathtaking vistas of Astoria and Long Island City. Revel in the beauty of northeastern-facing sunrises that greet you each morning as you step onto the wood-floored haven, complete with one and a half baths for added convenience. With sweeping panoramas from every room, immerse yourself in the charm of this expansive unit that promises a lifestyle of comfort and delight. Queensview, a residential cooperative housing complex spanning the border of Astoria and Long Island City, offers more than just a home; it presents a community-oriented haven spread across 10 acres of lush greenery. Embrace the ease of on-site laundry facilities in each of the 14 buildings, alongside the option for outdoor parking and the added amenities of a playground and basketball court, perfect for leisurely afternoons or energetic play. Convenience meets culture with Queensview's prime location, mere moments from Astoria's eclectic array of bars, restaurants, and boutiques. Commuting into Manhattan is a breeze with the nearby Broadway Station (N & W trains), while seamless access to major thoroughfares including the Triboro Bridge, 59th Street Bridge, midtown tunnel, and LIE ensures effortless travel throughout the city and beyond. Please note that while the refrigerator and dishwasher seen in the images have been recently removed at the request of management and are not included in the sale, the allure of Queensview's cat-friendly environment beckons you to make this space your own. All showings and Open Houses are available by Appointment only, ensuring a personalized experience tailored to your needs. For further information or to schedule a viewing, contact Colin O'Leary at 646-300-2012 and embark on your journey to Queensview living today.
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 There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer them – so you can make a confident decision. 1. Should I Wait To Sell? Even though the supply of homes for sale has increased in 2022, inventory is still low overall. That means it’s still a sellers’ market. The graph below helps put the inventory growth into perspective. Using data from the National Association of Realtors (NAR), it shows just how far off we are from flipping to a buyers’ market:  While buyers have regained some negotiation power as inventory has grown, you haven’t missed your window to sell. Your house could still stand out since inventory is low, especially if you list now while other sellers hold off until after the holiday rush and the start of the new year. 2. Are Buyers Still Out There? If you’re thinking of selling your house but are hesitant because you're worried buyer demand has disappeared in the face of higher mortgage rates, know that isn’t the case for everyone. While demand has eased this year, millennials are still looking for homes. As an article in Forbes explains: “At about 80 million strong, millennials currently make up the largest share of homebuyers (43%) in the U.S., according to a recent National Association of Realtors (NAR) report. Simply due to their numbers and eagerness to become homeowners, this cohort is quite literally shaping the next frontier of the homebuying process. Once known as the ‘rent generation,’ millennials have proven to be savvy buyers who are quite nimble in their quest to own real estate. In fact, I don’t think it’s a stretch to say they are the key to the overall health and stability of the current housing industry.” While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. If you’re wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. 3. Can I Afford To Buy My Next Home? If current market conditions have you worried about how you’ll afford your next move, consider this: you may have more equity in your current home than you realize. Homeowners have gained significant equity over the past few years and that equity can make a big difference in the affordability equation, especially with mortgage rates higher now than they were last year. According to Mark Fleming, Chief Economist at First American: “. . . homeowners, in aggregate, have historically high levels of home equity. For some of those equity-rich homeowners, that means moving and taking on a higher mortgage rate isn’t a huge deal—especially if they are moving to a more affordable city.” Bottom Line If you’re thinking about selling your house this season, let’s connect so you have the expert insights you need to make the best possible move today.   For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits.
Here are some things you should know about VA loans before you start the homebuying process. What Are VA Loans? VA home loans provide a pathway to homeownership for those who have served our nation. The U.S. Department of Veterans Affairs describes the program like this: “VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.” Top Benefits of the VA Home Loan Program In addition to helping eligible buyers achieve their homeownership dreams, VA loans have several other great benefits for buyers who qualify. According to the Department of Veteran Affairs:
A recent article from Veterans United sums up just how impactful this loan option can be: “For the vast majority of military borrowers, VA loans represent the most powerful lending program on the market. These flexible, $0-down payment mortgages have helped more than 24 million service members become homeowners since 1944.” John Bell, Acting Executive Director of the Department of Veterans Affairs Loan Guaranty Service, also explains why this program is so powerful: “It provides early ownership for many people that would not have that opportunity to begin with. Since there’s no down payment, it allows people to hold their wealth and it gives them the ability to have long term financial security by being able to own a house and let that equity grow.” Bottom Line Homeownership is the American Dream. Our veterans sacrifice so much in service of our nation, and one way we can honor and thank them is to ensure they have the best information about the benefits of VA home loans. Thank you for your service. |
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October 2024
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