agent: Market condition in Jackson Heights 11372
- 10/25/09 03:38 PM
As per data the current inventory level on the 4 catagories are all over 1-year's supply. 2-family is over 4-years' supply. Asking price is too far from median price for 2-family & 1-family.
Inventory as at 10/25/09:
34 units of 2 family - median asking price $799,000 (51 months supply)*
8 units of 1 family - median asking price $583,500 (14 months supply)*
22 units of condo - median asking price $344,000 (12 months supply)*
169 units of co-op - median asking price $229,000 (15 months supply)*
*Based on the closings in the first 9 months in 2009
Units closed in the 9 months period from 1/1/09 to … (0 comments)
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agent: Autumn
- 10/25/09 11:13 AM
"There is a harmony in autumn, and a lustre in its sky, Which through the summer is not heard or seen,
As if it could not be, as if it had not been!" -- Percy Bysshe Shelley
"There comes a time when autumn asks, "What have you been doing all summer?"" -- Unknown
"October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, Junce, December, August and February." -- Mark Twain.
"No matter it is October or March, Autumn or Spring, booming or recession; there is … (1 comments)
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agent: For Sale - 1 Bedroom in Southridge Co-op, Jackson Heights
- 10/18/09 05:12 AM
This unit is located at 3324 Junction Blvd, Jackson Heights, NY 11372.
The building is on Junction blvd between Northern Blvd & 34 Ave. It is a six stories building built in 1959.
The maintenance is $541 which includes electricity, gas, water, heat and real estate tax.
The unit is about 650 square feet.
The location is just few blocks to 37 Ave & Roosevelt Ave for subway & shopping.
Asking price is $129,000.
For Virtual Tour, click here or visit our web site www.KinRealEstate.com
… (1 comments)
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agent: National Wholesale Liquidators Grand Re-Opening
- 10/14/09 08:30 AM
The store located at 7101 Kissena Blvd was re-opened on Oct 13, 2009.
The location is at zip code 11367 which is Kew Garden Hills, also known as Kew Gardens Hills or Flushing.
This is one of my favorite stores. They sell all kind of stuff even laptop this time. Their price is very competitive. It is too bad they had to file bankruptcy last November and their stores all closed down.
There were many people in the store yesterday, the parking lot was full.
… (1 comments)
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agent: Market condition in Queens, Nassau & Suffolk
- 10/14/09 04:38 AM
From the chart above it is obvious that the prices are still in a downward trend.
The chart below showed the volume picking up, hit the peak last year in Queens & Nassau, surpassed the peak in Suffolk.
But price drop with higher volume is showing more pressure on sellers. Also there are so-called "shadow inventory", which banks own but didn't put on the market yet and also includes homes that owners want to sell but are waiting for a better price, which will hit the market eventually.
The end of First-time homebuyers credit which will end in Nov 30, 2009 … (0 comments)
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agent: Median Prices still falling
- 10/10/09 06:02 AM
The units in contract was improving comparing to last month and last year. But the median price was still falling in Queens, Nassau & Suffolk.
....................... Inventory ............*........... Units in contract ......................*....... Months Supply(1)
................. Sept 09 ...... Sept 08 ......*..... Sept 09 ..... Aug 09 ..... Sept 08
Queens ...... 9800 ........ 11377 ........*...... 864 ......... 758 .......... 690 .......*........ 11.3
Nassau ....... 9516 ........ 10259 ........*..... 1005 ........ 952 ......... 828 .......*........ 9.5
Suffolk ..... 12822 ........ 14413 ........*.... 1112 ........ 1090 ......... 912 .......*....... 11.5
Median Price on closed properties:
................ Sept 2009 .... Sept 2008
Queens .... $341,500 ... $400,000 (-14.63%)
Nassau ..... $405,000 ... $446,000 (-9.19%)
Suffolk ..... … (1 comments)
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agent: Sold - 2 bedrooms in Southridge Co-op
- 10/08/09 04:26 AM
The unit is located at 33-45 94 St, Apt 3A, Jackson Heights, NY 11372 - 2 bedrooms 1.5 bath about 1000 square feet. It was sold for $184,000 in October, 2009.
The building is a 6-stories building which was built in 1959.
It is located on 94 St between Northern Blvd & 34 Ave, just few blocks to 37 Ave & Roosevelt Ave for subway & shopping.
The monthly maintenance fee is $666 which includes electric, gas, water, heat & real tax. The Co-op is managed by Wentworth Management.
… (0 comments)
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agent: Market condition in Flushing/Kew Garden Hills 11367
- 10/01/09 02:37 AM
Inventory as at 9/30/09:
16 units of 2 family - median asking price $760,000 (21 months supply)*
25 units of 1 family - median asking price $549,000 (6 months supply)*
21 units of condo - median asking price $299,000 (14 months supply)*
151 units of co-op - median asking price $189,000 (24 months supply)*
*Based on the closings in the first 8 months in 2009
Units closed in the 8 months period from 1/1/09 to 8/31/09:
6 units of 2 family - median selling price $519,000 (volume increased by 50% year over year)
31 units of 1 family - median selling price $485,000 (volume decreased by 26% year … (0 comments)
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agent: Market condition in Flushing 11355
- 10/01/09 02:12 AM
Inventory as at 9/30/09:
33 units of 2 family - median asking price $879,000 (10 months supply)*
24 units of 1 family - median asking price $653,500 (8 months supply)*
50 units of condo - median asking price $461,000 (21 months supply)*
93 units of co-op - median asking price $249,000 (16 months supply)*
*Based on the closings in the first 8 months in 2009.
Units closed in the 8 months period from 1/1/09 to 8/31/09:
25 units of 2 family - median selling price $790,000 (volume decreased by 21% year over year)
23 units of 1 family - median selling price $582,000 (volume decreased … (0 comments)
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agent: Market condition in Flushing 11354
- 10/01/09 01:33 AM
Inventory as at 9/30/09:
10 units of 2 family - median asking price $899,000 (20 months supply)*
36 units of 1 family - median asking price $745,500 (14 months supply)*
82 units of condo - median asking price $406,000 (59 months supply)*
122 units of co-op - median asking price $210,500 (21 months supply)*
*Based on the closings in first 8 months 2009
Units closed in the 8 months period from 1/1/09 to 8/31/09:
4 units of 2 family - median selling price $900,000 (volume decreased by 76% year over year)
20 units of 1 family - median selling price $648,750 (volume decreased by 31% year over … (0 comments)
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agent: Sold - 2 bedrooms in Mitchell Garden Co-op
- 10/01/09 12:48 AM
The unit is located at 26-26 141 St, Apt 4C, Flushing, NY 11354 - 2 bedroom 1 bath about 900 square feet. It was sold for $195,000 in September, 2009.
The building is a 6-stories building which was built in 1952.
The unit sold is located on 141 St between Whitestone Expressway & 28 Ave, just 2 blocks from Union St for buses. The area is quiet, finding parking space on street is easy.
The monthly maintenance fee is $707 which includes electric, gas, water, heat & real tax. The Co-op is managed by Metro Management.
… (0 comments)
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agent: Just Listed - 2 bedrooms 1.5 Bath in Southridge Co-op
- 09/24/09 03:38 PM
This Building is located at 3326 92 St, Jackson Heights, NY 11372.
Southridge Co-op is on 92 St between Northern Blvd & 34 Ave. It is a six stories building built in 1958, managed by Wentworth Property Management.
The maintenance $570 includes electricity, gas, water, heat and real estate tax. The unit is about 900 square feet.
The location is just off Northern Blvd & just 3 blocks to Roosevelt Ave.
Asking price is $189,000.
For Virtual Tour, click here or visit our web site www.KinRealEstate.com
… (1 comments)
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agent: Just Listed - 2 bedrooms in Mitchell Garden Co-op
- 09/20/09 11:03 AM
This unit in Mitchell Garden Co-op is located at 139-15 28 Rd. It is 1 block off Whitestone Expressway where parking is easy. It is a six stories building built in 52. Maintenance is $691 includes electric, gas, water, heat & real estate tax. Buses, supermarkets and schools are within walking distance.
Asking price is $228,000. For Virtual Tour, click here or visit our web site KinRealEstate.com
… (0 comments)
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agent: Just Listed - 2 bedrooms in Murray Hill Co-op
- 09/16/09 10:09 AM
This co-op is located at 38-15 149 St, just off Roosevelt Ave & 2 blocks from Northern Blvd.
It is a six stories building built in 1955, managed by John Lovett & Associates .
The maintenance $7300 includes electricity, gas, water, heat and real estate tax.
Long Island Railroad, buses, subway & supermarkets are within walking distance.
Asking price is $219,000.
For Virtual Tour, click here or visit our web site KinRealEstate.com
… (0 comments)
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agent: Sold - 2-family house in Flushing
- 09/13/09 04:10 AM
The house is at 43-15 165 Street, Flushing, NY 11358. It was sold in August 2009 for $862,000.
It is a semi-attached brick house built in 1955 with 2-car garage, private driveway, a deck at back, brick patio and a finished basement which has seperate entry. The lot is 29x100. Real tax is $5,068.
The location is just 2 blocks from Northern Blvd. Long Island Railroad, buses and supermarkets are nearby.
… (0 comments)
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agent: Sold - 1 bedroom in Southridge Co-op
- 09/12/09 05:01 AM
It is located at 3-04 91 St - 1 bedroom 1 bath about 770 square feet. Sold for $130,000 in September, 2009.
There are six 6-stories buildings in the complex which was built in 1927. The unit sold is located on 91 St between Northern Blvd & 34 Ave, just 2 blocks from 37 Ave & 3 blocks from Roosevelt Ave for shopping and subway. The monthly maintenance fee is $500 which includes electric, gas, water, heat & real tax. The building is managed by Wentworth Management.
… (1 comments)
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agent: Sold - 1 bedroom in Centre Court Condo
- 09/11/09 03:13 AM
It is located at 35-64 89 St - 1 bedroom 1 bath about 621 square feet. Sold for $220,000 in Aug, 2009. Centre Court Condo is a 6-stories building built in 1927. The building is located on 89 St between 35 Ave & 37 Ave, just 1 block from Roosevelt Ave. The monthly common charge is350 includes water & heat. Real tax is $1895 a year. The building is managed by Pride Property Management in Englewood Cliffs, NJ.
… (0 comments)
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agent: Insider Information
- 09/10/09 01:42 AM
Many people hope they would have Insider Information so they can make money in stock. Although some information is limted to certain people, but you many get some insight by observation, no matter of your position or not even working.
A cashier will know whether the business is good, an inventory clerk will know whether the inventory is moving, a housewife can see whether there are more or less people in supermarket. These all are information that we can use to make money.
If you see no traffic on the Long Island Expressway on a regular day, it may indicate trouble - people … (1 comments)
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agent: Seasonal down trend began
- 09/09/09 04:55 PM
Bad news is there was less units sold in August than July, but the good news is the sales was better than last year. Inventory built up a little bit. Median price on closed sales was still dropping .
The sales in the past few months might be boosted by the First Time Home Buyer Credit. Some buyers might be lured to buy sooner. I am afriad the demand may be decelerated in the coming months.
While the stock market bounced almost 50% since March, I think it is time to be fearful when others are greedy.
....................... Inventory ............*........... Units in contract … (1 comments)
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agent: Sold - 2 bedrooms in Linden Towers Co-op
- 08/23/09 05:20 AM
It is located at 138-20 31st Rd - 2 bedrooms 1 bath about 1000 square feet.
Sold for $182,000 in Aug, 2009.
Linden Towers Co-op #1 is a 6-stories building built in 1953.
The building is located on 31 Road between 138 Street & 140 Street.
The monthly maintenance Fee $840 includes electric, gas, water, heat and real estate tax.
It is managed by Delkap Management in Howard Beach.
… (1 comments)
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As per data the current inventory level on the 4 catagories are all over 1-year's supply. 2-family is over 4-years' supply. Asking price is too far from median price for 2-family & 1-family.
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