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Daniel Karatzas, broker at the Beaudoin Realty Group, has just put out his latest quartlery version of the Jackson Heights Real Estate Report. Not surprisingly, the data is quite bullish, although the overall numbers are small enough that a single data point can really throw off the averages. Here’s a summary from the email he sent us: “The good news is that there is a strong positive trend in both sales and prices. However, the lack of inventory may constrain any increase in unit sales. Larger apartments and houses have far shallower inventories and will sell quickly. Overall, the lack of supply and increasing demand are helping prices rise. Jackson Heights has received some positive press attention of late, further adding to the increase in demand.” To get the full report, you can sign up here.


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