Home Buying in 11692>Question Details

Nasire, Home Buyer in Brooklyn, NY

anyone knows the reason for so many houses for sale in arverne, ny ? it scares me to buy home in area where everyone else seems to be getting out ...

Asked by Nasire, Brooklyn, NY Tue Nov 23, 2010

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There are several thousands new homes, both condos and single family, being built in Arverne by the Sea as part of revitalization program of NYC. This community is beautifully planned and includes a Stop and Shop supermarket, YMCA, new charter school and transit plaza to NYC by A train. Of course it is an oceanside community and it has breathtaking views of the water and a 7 mile boardwalk. Beautiful! If you can afford it you have to buy it.
0 votes Thank Flag Link Thu Dec 16, 2010
Aren't some of these homes for sale new construction? I know there were some new developments going up there, such as the one calle Arverne by the Sea. It is possible that the homes that are being sold in the area are the new ones, so resales may not be selling.
0 votes Thank Flag Link Thu Nov 25, 2010
Check to see what the main industry/ business is in that region and if there was a downturn in the business.
0 votes Thank Flag Link Thu Nov 25, 2010
Keep in mind people often move for many different reasons, such as job relocation, upsizing, downsizing, closer to family, personal finances, etc.; if you are not familiar with the area, visit the area more than once and at different times of day, drive around, chat with locals/neighbors if possible, etc., and then make your determination--to buy, or not.
0 votes Thank Flag Link Tue Nov 23, 2010
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