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
"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."
In Today's NYPostthe highs and lows of the real estate market in 2006 were discussed as well as the predictions for 2007. Read The Big Picture by Max Gross to see his take on the market in 2006 and what is to come in 2007
In today's NYPost Real Estate section one of our listings was as a House of the Week. The house is in Beechhurst and sits on an 80x100 LOT! The price has been dropped from the one seen in the paper to $1,098,000! To see the article for yourself click here.