Would the go up, remain unchanged or decline, and by how much
2006-08-22 04:44:21 · 4 answers · asked by amit k 1 in Business & Finance ➔ Renting & Real Estate
Over the last 20yrs Long Islands largest trend was for residential growth. Even though areas like Astoria have always been residential, zoning changes and the Queens West development of the East River waterfront have spearheaded the condo conversion hype. Astoria is growing rapidly and real estate agents are even expanding its boundries. Sunnyside still has a lot of catching up to do with areas such as Astoria and Hunters point.
If you're looking to move for appreciation sake, I would opt for Sunnyside.
2006-08-22 05:12:59 · answer #1 · answered by Du Hast mich? 3 · 0⤊ 0⤋
One word: DOWN. How Much: Anywhere from 10 to 20 percent in less than 12 months.
2006-08-22 11:55:05 · answer #2 · answered by Anonymous · 1⤊ 0⤋
There will be a slump in the market all across the states. History!
2006-08-22 12:03:55 · answer #3 · answered by want2know 2 · 1⤊ 0⤋
I would say slight downward trend.
In NYC, it may retain a little longer.
2006-08-22 18:00:20 · answer #4 · answered by aisdean 3 · 1⤊ 0⤋