Radar Logic

Our Slice of the National Nightmare: Queens Home Sales Plummet

Queens home sales dropped 27.2 percent from the fourth quarter of 2006 to the fourth quarter of 2007, according to a new report from brokerage Prudential Douglas Elliman and research firm Radar Logic. Sales also dropped from the third quarter 28 percent, suggesting that the largely suburban borough is mimicing much of the nation rather than its fellow boroughs to the west and south, Manhattan and Brooklyn.  read more »