In my opinion prices will remain level. Much of the reported "prices falling" is the result of many sellers who were over priced finally seeing reality and lowering their prices to what the market will bear. This is still a buyers market and it will remain so for quite some time. The average appreciation of real estate has been about 5% per year....but in this economy it is more like 1-2%
With all the uncertainties on the economic and political horizon it is very difficult to predict what will happen. If I can be of help..call me:
Cary Zimbler
Exclusive Agents Realty
Forest Hills
917-652-5150... more
Its a tricky question. Jackson Heights is a big neighborhood, some areas are little far from subways, stores etc and some are pretty close. Some areas are noisy and some areas are pretty quiet. You need to meet a realtor who has local knowledge and guide you through the neighborhood and explain you. Personally, I like the Historic part of Jackson heights, it has its own charm. Lots of greens, bike path, farmers market just to name a few.
I would be happy to help if you need any. Otherwise, Good Luck :)... more
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