Comments on: How is the Real Estate Market in Jackson Heights? http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/ Mon, 02 Aug 2010 06:52:27 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Michele http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/comment-page-1/#comment-151 Michele Tue, 01 Jan 2008 17:01:59 +0000 http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/#comment-151 Thanks Chris for you comments on the RE market in NYC. The Wall Street Journal also did not mention NYC as one of the cities that has fallen. I agree that we are more of an international city than others in the USA. Happy New Year! Thanks Chris for you comments on the RE market in NYC. The Wall Street Journal also did not mention NYC as one of the cities that has fallen. I agree that we are more of an international city than others in the USA. Happy New Year!

]]> By: Chris http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/comment-page-1/#comment-150 Chris Mon, 31 Dec 2007 18:43:24 +0000 http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/#comment-150 I agree with the last poster. There's no way there will be an NYC real estate downturn! This city will rise above the ashes and remain the last standing vestige of prosperity. It's totally different from all other American cities, and will remain so! I agree with the last poster. There’s no way there will be an NYC real estate downturn!

This city will rise above the ashes and remain the last standing vestige of prosperity. It’s totally different from all other American cities, and will remain so!

]]> By: Michele http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/comment-page-1/#comment-83 Michele Fri, 07 Dec 2007 20:16:03 +0000 http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/#comment-83 Comment on YOGURBERRY NO ONE IS TALKING! by Claire Yeah, Boone, cool it! You are only hyping the negative side. As Michele said, Jackson Heights is only becoming more popular (in part, due to the growing draw from Park Slope folks), so it will probably hold most of its value, even in a downturn, if there even is one. I think in spite of what the naysayers are saying, this time IS different, and New York City will remain the lone pillar of housing markets, even stronger than other hot cities, like Seattle and San Fran. I don't think there is any need to fear at all. We will hold steady through the storm, and probably even go up! Comment on YOGURBERRY NO ONE IS TALKING! by Claire
Yeah, Boone, cool it! You are only hyping the negative side. As Michele said, Jackson Heights is only becoming more popular (in part, due to the growing draw from Park Slope folks), so it will probably hold most of its value, even in a downturn, if there even is one.

I think in spite of what the naysayers are saying, this time IS different, and New York City will remain the lone pillar of housing markets, even stronger than other hot cities, like Seattle and San Fran.

I don’t think there is any need to fear at all. We will hold steady through the storm, and probably even go up!

]]> By: Jackson Heights Blog http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/comment-page-1/#comment-77 Jackson Heights Blog Thu, 06 Dec 2007 20:08:48 +0000 http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/#comment-77 I understand that there are homeowners and mortgage lenders who are in big trouble. Please look at the bottom of my post for a link to the President's speech about what the government is doing to help the people. http://video.msn.com/?mkt=en-US&brand=msnbc&vid=d229e8ba-b8f2-4d22-a252-715931131f12 Buyers who bought houses or property they could not afford to purchase. Along with Lenders who gave loans to unqualified purchasers and investors, who they knew could not afford to purchase. We have not seen the end of this down turn. Real Estate since I have been selling has not gone down in value. It has just balanced itself out. There are Realtors and Lenders who inflate and show irrational excuberance. No loyalty or care for the purchaser. Just their commission. These are not professionals but licensees. There are a lot of licensed sales people who are out of business for the last 6 months. Why because they only have one aim to to make money. Our firm is here to sell housing and help the neighborhood grow with people who can afford to buy and stay. Longevity is the name of the game. I understand that there are homeowners and mortgage lenders who are in big trouble. Please look at the bottom of my post for a link to the President’s speech about what the government is doing to help the people. http://video.msn.com/?mkt=en-US&brand=msnbc&vid=d229e8ba-b8f2-4d22-a252-715931131f12

Buyers who bought houses or property they could not afford to purchase. Along with Lenders who gave loans to unqualified purchasers and investors, who they knew could not afford to purchase.

We have not seen the end of this down turn. Real Estate since I have been selling has not gone down in value. It has just balanced itself out. There are Realtors and Lenders who inflate and show irrational excuberance. No loyalty or care for the purchaser. Just their commission. These are not professionals but licensees. There are a lot of licensed sales people who are out of business for the last 6 months. Why because they only have one aim to to make money.

Our firm is here to sell housing and help the neighborhood grow with people who can afford to buy and stay. Longevity is the name of the game.

]]> By: S Wanne http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/comment-page-1/#comment-76 S Wanne Thu, 06 Dec 2007 15:29:59 +0000 http://jacksonheightsblog.com/2007/12/03/how-is-the-real-estate-market-in-jackson-heights/#comment-76 I think brokers are way to confident about the state and future state of the market. Of course it's in their interest to keep hyping New York City neighborhoods as impenetrable to a downturn. Me? I definitely don't depend on what people like you say, but rather on the calmer and more reasonable (as well as less self-interested) analysis of economists who are predicting at least a 15 - 30% drop, even in New York City. I will definitely wait before I decide to spend my money on an apartment, whether it be in Jackson Heights, Forest Hills, or perhaps even Brooklyn. If I were to jump in now, I would be making a big mistake, I am sure. I think brokers are way to confident about the state and future state of the market. Of course it’s in their interest to keep hyping New York City neighborhoods as impenetrable to a downturn.

Me? I definitely don’t depend on what people like you say, but rather on the calmer and more reasonable (as well as less self-interested) analysis of economists who are predicting at least a 15 – 30% drop, even in New York City.

I will definitely wait before I decide to spend my money on an apartment, whether it be in Jackson Heights, Forest Hills, or perhaps even Brooklyn. If I were to jump in now, I would be making a big mistake, I am sure.

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