Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
The Effects of the Financial and Economic Crisis on Cambria Heights NY Real Estate
Cambria Heights NY Real Estate Trends Third Quarter 2006-2012
Cambria Heights NY Homes for Sale
Cambria Heights NY Real Estate
The Cambria Heights NY Real Estate market has experienced a series of challenges over the period 2006-2012. Located in southeast Queens, this relatively small and vibrant community has felt the effects cased by the United States Financial and Economic Crisis.
A Federal Reserve Bank of New York timeline of the lead up to and government responses to the crisis is provided here . Another excellent timeline is provided by the Federal Reserve Bank of St. Louishere.
The following is an analysis of Cambria Heights NY Real Estate for the third quarter periods 2006-2012. It will take a look at changes in residential homes sold, median sales price and days on market over the seven year period. Particular attention is paid to the twists and turns caused by Cambria Heights NY Foreclosures and Cambria Heights NY short sales.
For the years indicated the periods covered are as follows
Cambria Heights, New York Real Estate Number of Homes Sold
The total number of Cambria Heights, New York Real Estate homes sold for the seven year period ended September 30, 2012 decreased from 115 in 2006 to 57 in 2012, a decrease of 50.4 %.The volume of Cambria Heights New York RealEstate sales realized its biggest year to year decrease from 2006 when it was 115, to 2007 when it was 89, a decrease of 22.6 %. The lowest number of Cambria Heights NY homes sold was 52 in 2011. 2010 sales were spurred by the ending of the First Time Homebuyer Credit .
A closer look at the type of sales over the seven year period reveals an increase in the number of Cambria Heights, NY Real Estate foreclosures and increase in Cambria Heights, NY Real Estate short sales. The number of Cambria Heights, NY foreclosures increased from 1 in 2006 to a high of 19 in 2010. Foreclosures showed a consistent decline in following years. The number of Cambria Heights, NY short sales increased from 0 in 2006 to a high of 8 in 2009. There has been a consistent decline in the following years.
The effect of the financial crisis on Cambria Heights, NY Real Estate is manifested in the number of foreclosures and short sales as a percentage of total sales for the period 2006 to 2012.
For the purpose of the calculation the number of foreclodures and short sales are being added together into a distressed sale figure..
Distressed sale is being defined as " the sale of real property creating urgency on the part of the seller such as an impending foreclosure or short sale" .
The impact of distressed properties on the Cambria Heights NY Real Estate market has increased from 1% of total sales in 2006 to a high of 34 % in 2009. Foreclosure and short sales remained a signicant sold type in 2012 with a percentage of 16%.
Cambria Heights, New York Real Estate Median Sales Price Overview
The median sales price of Cambria Heights, New York Homes over the 7 year period ended September 30, 2012 decreased from $430,000 in 2006 to $350,000 in 2012. This represented an overall decrease of 18.6 %. Cambria HeightsNY median sales price reached its lowest value in 2009 at $345,000.
The decrease in median sales price of conventional, foreclosure and short sales and the Financial and Economic Crisis are primary elements in decreasing overall median sales prices. The median sales price of Cambria Heights, New York Real Estate foreclosuresdecreased from $361,101 in 2006 to $210,000 in 2012. The Cambria Heights, New York Real Estate short sale median sales price decreased from $307,250 in 2009 to $260,500 in 2012.
Cambria Heights, New York Real Estate Days on Market Overview
The Cambria Heights, New York Real Estate days on market increased from 49 days in 2006 to 93 days in 2012.
Data Source: Multiple Listing Service of Long Island
Information deemed Relable but not Guaranteed.
All photos and written content were produced by Patrick White. All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written permission of Patrick White, REALTOR®, Home Driven Realty, Inc., Baldwin, New York.
Patrick White, IMSD, e-Pro, RSPS, SFR, SRES, Realtor Licensed Real Estate Broker
I have been working with buyers and sellers in Brooklyn, Queens and Long Island metropolitan areas, in general, and the Baldwin, Freeport and Uniondale aeas of Long Island in particular for over 24 years as a Realtor. I provide superior customer service to families by
•Working honestly, with integrity and a broad knowledge base
•Discussing short-term and long-term Housing and Lifestyle goals
•Helping with financing, managing capital gains, tax implicaions of owning, selling or exchanging real estate, housing options and the changing needs of families
•Assisting in forming the "A Team" of real estate professionals which include a real estate attorney, accountant, financial planner, home inspector/engineer, mortgage consultants
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.