According to America's Worst-Selling Housing Markets featured on Forbes.com the nation's top ten most sedentary housing markets were complied to a list as a result of dropping housing prices and sluggish sales rates. Price growth and sales rates in the country's 40 largest metropolitan statistical areas also helped to determine this list. Furthermore, according to the article, "By using sales rate, instead of the months remaining of inventory, we wind up with a figure that shows how quickly homes have been leaving the market from its most saturated point, the most straightforward indicator for measuring sedentary vs. active sales."
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Brick Detached Colonial in Malba Features 3 Br, 2.55 Baths, Lr, L-Shaped Dr, Eik, Family Room With Fireplace, Den, Laundry Room, Full Basement, Detached 2 Car Garage, 6 Car Private Driveway, Patio, All On An Oversized 100X120 Lot. This Home Is Located On The Highest Point In Malba Which Delivers Spectacular Views Of The Whitestone Bridge. Visit CarolloRealEstate.com
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Beautiful Completely Renovated Detached Colonial In Beechhurst Features Brand New Kitchen With Granite Countertops, Stainless Appliances, Master Bath With Jacuzzi Tub, Granite & Ceramic Tile. This Home Also Features Brand New Plumbing And Electric, Polished Hardwood Floors Throughout, Full Finished Basement With Laundry Room And Plenty Of Storage Space. Visit CarolloRealEstate.com
This Brick/Frame SD 2 Family Home in Whitestone features a 3 BR 2 Full Bath Apartment with LR, DR, and EIK over a 2 BR Apartment with Full Bath, LR, and Kitchen. This Home also boasts a Full, Unfinished Basement with high ceilings, Private 2 Car Driveway & Attached 1 Car Garage! Visit CarolloRealEstate.com for more information
According to an interesting article Even Renters Aren't Safe featured on the NYTimes.com, though renters believed they were safe and had avoided the subprime mortgage crisis by opting to rent rather than buy it turns out they weren't as unaffected as they thought. Many renters are finding themselves in situations where the building or home they are renting is going into foreclosure. Though it seems unlikely that a rental property producing income would go into foreclosure, many rental properties throughout the United States are. Though analysts predict this problem to be predominately of lower to middle income markets, this problem is rapidly expanding nationwide. Furthermore, the article goes on to iterate the point that the housing crisis has effected New York City quite differently than throughout the country.
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149-12 17th Avenue Whitestone, NY 11357 Asking: $699,000 Selling Price: $645,000 On the Market 2 Weeks
This Detached Legal 2 Family in Whitestone has Great Potential! The first floor features a Spacious 2 Br Apartment with LR, DR and EIK while the second floor features a 2 BR Apartment with LR, DR, EIK and Office! Home also features a Full Finished Basement, Attic, Private Driveway and Detached Garage all on a 33x100 Lot!! Visit CarolloRealEstate.com for more information