Carollo's Blog on Real Estate- Featuring Queens and Nassau County Real Estate Information

Anthony Carollo in Queens Tribune Article

This past week Anthony Carollo was quoted in the Queens Tribune Article Queens Housing On The Skids

“There was an over-supply before all of this even started,” Anthony Carollo, president of Queens-base Carollo Realty, said. “We were just getting through that supply and now the credit market slumps, creating another problem. "

Anthony Carollo in Daily News Article

On Monday October 27,2008 Anthony Carollo was quoted in the Daily News Article:

Trendy neighborhoods can't escape New York City's housing slump as sales drop

Heres a small part of the article

"Broker Anthony Carollo of Carollo Real Estate recounted how a recent buyer wanted to move his wife and four children out of their cramped Forest Hills home into a four-bedroom single-family in College Point.

The deal was moving forward when the buyer learned Fannie Mae was requiring some borrowers to cough up a 30% down payment - not the 20% previously required. "

Anthony Carollo in NY Post Real Estate Section

Anthony Carollo contributed to an article found in Today's NYPOST Real Estate Section (6/12/08).  The article Danger Zone discusses forclosures throughout the Five Boroughs.

Here is a piece of the article:

"I have a listing in St. Albans, [Queens]," says Anthony Carollo of Carollo Real Estate. "Their asking price was $399,000 [seven months ago], and they couldn't sell it. We got it in April, and we started at $369,000."

That house was a well maintained, three-bedroom frame Colonial that had not been foreclosed on - but several other houses nearby had been. And the banks were trying to get those properties off their hands as quickly as possible.

"We've been going up against homes that banks were willing to sell for $75,000 less," says Carollo. "The bank doesn't want to own the property. They don't want to spend the money maintaining it or the legal fees."

As for the listing in St. Albans: "We just dropped the price again, to $339,000."

Anthony Carollo Mentioned in NY Magazine Article

Check out the NY Magazine Article What If You Had $100,000 to spend in 1998.

The article is very interesting.  For example if you bought 3298 Shares of Apple Stock in 1998 for $30.32/share it would now be worth $1,997,797 !

What's A Home Seller to Do?

Anthony Carollo is featured in Today's Newsday Real Estate Section in the Article What's A Home Seller to Do

The article discusses how sellers are dealing with the current market in regards to selling their home.

Anthony Carollo featured in NYPost Article Crunch Time

Anthony Carollo was featured in the NYPost Article Crunch Time by Max Gross.  The article discusses the mortgage industry and the how difficult it has become to borrow money in today's market.

Anthony Carollo in AM New York's Article City Living: New York

Anthony Carollo was recently interviewed for the AM New York Article City Living: Whitestone.  The article features information on everything in Whitestone from the Real Estate, to the shopping, to the places to eat.

Read the entire article City Living: Whitestone

Newsday Article Long Island Realtors eye New York City Market

Anthony Carollo was quoted in the July 16th Newsday Article Long Island Realtors eye New York City Market.  The article discusses how real estate brokerages expanding to New York City Markets.  Below is an excerpt from the article.

"With real estate offices in Nassau and Queens, Anthony Carollo has one direction in mind for expansion plans: Westward ho!

He wants to open his fourth office in western Queens or perhaps Brooklyn in the next year or so because his on-the-ground experiences tell him it's the way to go. Five years ago, about 2 percent of his Long Island clients wanted city housing; now it's at least 12 percent.

"It stands out in your mind when someone says, 'I live in Valley Stream," or, "I live in Merrick, and I want to come back into Bayside,'" said the owner of Carollo Real Estate. "It was never like this. It's like a complete reversal."

He's not alone in eyeing the five boroughs."

Anthony Carollo in a Recent Real Deal Article

Read The Real Deal Article Willets Point: Home, Sweet Home Plate which discusses the Willets Point Plan-the development goals slated for the area in Queens near the new New York Mets stadium CitiField Stadium.  The article features a quote from Anthony Carollo

Residential Sales Around the Region

In this past weeks NYTimes Carollo Real Estate's recent sale in Beechhurst was listed.  To view the NYTimes Residential Sales from around the region click here.

For Full Property Information on the Home in Beechhurst visit CarolloRealEstate.com