Queens real estate down, Rockaway (condos and coops) real estate UP!!!
October 31st, 2008 | 
Andrew T. BermanArticles like this certainly has help regain confidence in the Rockaways:
...The Rockaways were the only part of the borough in which the average home price increased in the third quarter of this year compared with the same period last year. It rose 4%, from $458,219 to $477,322....
Queens home prices down - but condos rise - Rockaway doing GREAT (relative to the rest of the real estate market).
Not sure why in the middle of the winter people want to buy in the Rockaways, but our agents have been VERY busy. Moreover, we just had 3 Rockaway closings over the last month.
