For Sellers

We can value, market, and sell your home in the shortest time possible.


For Buyers

We have access to properties not syndicated on Zillow, Streeteasy, etc..


Probate/Estate

We can value, market, and sell your home in the shortest time possible.


Relocation

We are experts at making every step of your move run smoothly and stress-free.

 

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The Faruqi Team

Salim Faruqi - queens real estate

Salim Faruqi

Team Leader

Salim has 25-years of real estate experience in both small- and large-scale residential and commercial sales. He is well-versed in just about every aspect of real estate…

Amber-Faruqi queens real estate

Amber Faruqi

Team Leader

Amber has 9 years of residential and 2 years of commercial real estate experience, including extensive short sale negotiating and contract processing.

Sticky

The housing market continues to grow this year. Low mortgage rates, job, and wage growth are driving demand and enticing new players to get into the market. In fact, a large part of the new entries into the market are Millennials and first-time home buyers.   However, sometimes the road to homeownership can be complicated and being financially prepared is key. We interviewed KB Home Chief Operating Officer Matt Mandino, who shared tips on how millennials (and all first-time homebuyers) can prepare for buying and looking for a new home. First-time homebuyers made up more than 55 percent of the quarter two 2019 business forRead More →

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.” With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you haveRead More →

Homebuyers received yet another shock this week as mortgage interest rates shot up suddenly. Rates blew well past 6% in a blow to buyers struggling with record-high and ever-increasing home prices. The increases were in anticipation of the U.S. Federal Reserve raising its own short-term interest rates in its quest to tame inflation. The Fed hiked its own rates by 75 basis points (three-quarters of a percentage point) on Wednesday, the highest increase since 1994. While mortgage rates are distinct from the Fed’s short-term interest rates, they typically follow the same trajectory. So when the Fed’s rates jump, so do mortgage rates. So how much canRead More →

Buy a home withe The Faruqi Team

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer. According to the latest data from realtor.com, the number of homes being listed for sale, known as new listings, has increased consistently this year (see graph below): While this news has clear benefits for buyers who are craving more options for their home search, what does that mean for current homeowners like you? ItRead More →

Prices are up almost everywhere – from food, to gas, to home prices. In February 2012, the nationwide median sale price of a house in the U.S. was $160,000. More than ten years later, that number is up to a record $423,000. Homes in markets like Seattle, WA, regularly face bidding wars, while nationwide, nearly 6,000 have sold for $100,000 or more above asking price this year. Home prices have been steadily rising for years, but they have dramatically increased in recent months. Why?  There are three major reasons why housing is currently so expensive: limited supply, high demand, and historic inflation rates. The housing market is closely tied to theRead More →

If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much economic activity a home sale generates.The chart below shows how the sale of both a newly built home and an existing home impact the economy: As the visual shows, a single home sale can have a significant effect on the overall economy. You may be wondering: how can a single home sale have such a major effect onRead More →