We are proud to announce the Grand Opening of our 3rd location! 62-12 Myrtle Ave, Glendale NY 11385 (718)366-6636 will open on November 1, 2015. So please come down, See you there! Visit us on Facebook or our Website
11357, 80x100, carollo, carollo real estate, queens for sale, queens land, queens ny, queens vacant lot, r3x zoning, subdivided, whitestone for sale, whitestone land, whitestone ny, whitestone vacant lot
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."
America's Worst-Selling Housing Markets, forbes, forbes magazine, forbes.com, housing markets, national real estate article information, national real estate articles, national real estate market news, real estate articles, real estate information, real estate market news, real estate news, worst selling housing markets
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.
even renters aren't safe, national real estate market news, new york city rental market, new york city rentals, new york rentals, new york times, ny housing market, ny rentals, nyc housing market, nyc rentals, nytimes.com, property management, real estate market information, real estate market news, real estate rental market news, rental market news, subprime mortgages, us housing market, us rental market
According to the real estate feature Best Places To Get Ahead on Forbes.com, the best areas for income and housing growth are not located in the areas most would think, like New York City, San Fransciso or even Los Angelos. Not to say that these areas don't offer the potential to succeed, however, these areas are the most competitive throughout the country and don't boast the best employment opportunities for the average American. Furthermore, Forbes has comprised a list of the areas where the median income data had risen since 2000 and local economies have boomed. For example, "The places that experienced prolonged income and job booms since 2000 are often satellite economies of larger cities. Within a metropolitan area, the central city is typically the driving force of the economy. But as suburban counties develop, they often turn into secondary economic centers with their own industry and jobs. "
According to the real estate article Best Cities For Bargain House-Hunters featured on Forbes.com those looking to advantage of the housing slump the nation has endured for the past couple of years are researching the market for prices to bottom out and buy. According to the article, the best market for these buyers is a market in which job growth is strong, housing foreclosures are low and housing inventory is high. These factors allow for buyers to predominately negotiate and dictate housing prices while not exposing themselves to economic and lending risk that has plummeted most of the real estate market.
best cities for bargain house-hunters, carollo real estate, forbes, forbes magazine, forbes.com, housing market, real estate articles of interest, real estate market information, real estate market news
According to the article America's Free-Falling Housing Markets featured on Forbes.com homeowners near foreclosure stand to benefit from the Bush administration's initiative. According to Project Lifeline, assembeled by six of the nation's largest financial institutions, the program allows qualified homeowners to delay proceedings for 30 days while providing them with rewriting and refinancing assistance. The nation's six largest financial institutions are JPMorgan Chase, Bank of America, Countrywide Financial, Citigrop and Washington Mutual. All of these lenders have agreed to contact homeowners whom are 90 days or more overdue on their mortgage payments and work with them on making their mortgage more affordable.
america's free-falling house markets, bank of america, carollorealestate.com, citigroup, countrywide financial, forbes magazine, forbes.com, foreclosure news, jpmorgan chase, national real estate market news, real estate articles of interest, real estate foreclosures, real estate market information, real estate market news, real estate mortgages, washington mutual
According to a recent article Home Prices Start to Dip, Recalling ’90s Slump on NYTimes.com all the talk of the housing slump and downward real estate market seemed foreign to most homeowners, considering that the value of real estate has increased exponentially in value in recent years. For example, the prices of real estate in Manhattan make homeownership unattainable for most. Although, the Manhattan real estate market has remained strong throughout this alleged slump, more cracks have begun to show in the housing market. Furthermore, some analysts have gone as far to label the present market comparable with "severe downturn in the region during the recession that followed the boom years of the late 1980s." According to the article, the strongest tell tale sign of trouble is the weakness of Manhattan.
90's housing slump, 90's real estate market, housing slump, manhattan coops/condos, manhattan ny, manhattan real estate, manhattan real estate information, national real estate market news, new york times, nytimes, nytimes.com, real estate market information, real estate market news
According to the real estate article Most Middle Class Still Can't Buy a House on CNNMoney.com most middle income wage earners still do not earn enough money to purchase a median priced home in their hometowns [Center for Housing Policy]. The Center for Housing Policy came to this conclusion on the basis of calculating and comparing 201 metro areas median wages and median house value. These figures were based on major vocations such as police officers, firemen and educators. Nonetheless, home prices have fallen in a majority of the 201 metro areas, but home costs were still considered too high for typical working people in those markets.
cnnmoney, cnnmoney.com, housing affordability, middle class, middle class income, most middle class still can't buy a house, national real estate market news, real estate articles of interest, real estate market news