Neglia Appraisals, Inc. Launches www.NYrealestatetrends.com, First Website To Offer Accurate Information On Real Estate Trends in New York City

Apr 17, 2001, 01:00 ET from Neglia Appraisals, Inc.

    NEW YORK, April 17 /PRNewswire/ -- Neglia Appraisals, Inc. announced the
 launch of http://www.NYrealestatetrends.com.  The website is an indispensable
 tool to determine how much any residential neighborhood has appreciated in the
 recent upward spiral of real estate values throughout New York.  The site is
 appropriate for anyone buying or marketing a house or condo in the five
 boroughs of New York City, as well as for industry professionals, including
 lenders, brokers, attorneys, and appraisers.
     This is the only site where value trends are based on actual total
 property sales in each borough, and the only reference guide in any media
 format (including printed material) which makes this information available.
 The user can search by borough, property type, zip code, and year.  The site
 not only gives percent increase in values for all neighborhoods, it also shows
 average and median sale prices, as well as the highest and lowest sale price
 in any zip code in any year since 1995.  It also shows overall average and
 median sale prices, total percent change, and total sales volume (in number of
 sales and dollar amount) in each of the five boroughs as well as for all of
 New York City.
     Other companies publish information based on a sampling of sales data, or
 from MLS statistics, which are limited to the sales from MLS listings. (Many
 neighborhoods in New York City don't even have an MLS system.)  On
 http://www.NYrealestatetrends.com information on sale prices and sale dates is
 based on all sales in public record.  Thus, accurate information on how much
 neighborhoods have increased (or decreased) in value is available for the
 first time based on actual sales in each neighborhood.
     In addition to percent change and high and low values, there is a useful
 and practical glossary, geared toward both the real estate professional and
 novice; it includes accurate and easy-to-understand definitions of the most
 common terms used in a real estate transaction.  First time buyers will be
 thrilled with this feature.
 
     All information was compiled and analyzed by Domenick Neglia, CEO of
 Neglia Appraisals, Inc. a residential and commercial real estate appraisal
 company based in Brooklyn, New York.  This service is provided free of charge
 to anyone interested in the residential real estate market in New York City.
 
     CONTACT:  Domenick Neglia of Neglia Appraisals, Inc., 718-680-3111, or
               appraisals@neglia.com
 
     This release was issued through DigitalWork.com -- Your Business Workshop.
 For more information visit: http://www.digitalwork.com .
 
 

SOURCE Neglia Appraisals, Inc.
    NEW YORK, April 17 /PRNewswire/ -- Neglia Appraisals, Inc. announced the
 launch of http://www.NYrealestatetrends.com.  The website is an indispensable
 tool to determine how much any residential neighborhood has appreciated in the
 recent upward spiral of real estate values throughout New York.  The site is
 appropriate for anyone buying or marketing a house or condo in the five
 boroughs of New York City, as well as for industry professionals, including
 lenders, brokers, attorneys, and appraisers.
     This is the only site where value trends are based on actual total
 property sales in each borough, and the only reference guide in any media
 format (including printed material) which makes this information available.
 The user can search by borough, property type, zip code, and year.  The site
 not only gives percent increase in values for all neighborhoods, it also shows
 average and median sale prices, as well as the highest and lowest sale price
 in any zip code in any year since 1995.  It also shows overall average and
 median sale prices, total percent change, and total sales volume (in number of
 sales and dollar amount) in each of the five boroughs as well as for all of
 New York City.
     Other companies publish information based on a sampling of sales data, or
 from MLS statistics, which are limited to the sales from MLS listings. (Many
 neighborhoods in New York City don't even have an MLS system.)  On
 http://www.NYrealestatetrends.com information on sale prices and sale dates is
 based on all sales in public record.  Thus, accurate information on how much
 neighborhoods have increased (or decreased) in value is available for the
 first time based on actual sales in each neighborhood.
     In addition to percent change and high and low values, there is a useful
 and practical glossary, geared toward both the real estate professional and
 novice; it includes accurate and easy-to-understand definitions of the most
 common terms used in a real estate transaction.  First time buyers will be
 thrilled with this feature.
 
     All information was compiled and analyzed by Domenick Neglia, CEO of
 Neglia Appraisals, Inc. a residential and commercial real estate appraisal
 company based in Brooklyn, New York.  This service is provided free of charge
 to anyone interested in the residential real estate market in New York City.
 
     CONTACT:  Domenick Neglia of Neglia Appraisals, Inc., 718-680-3111, or
               appraisals@neglia.com
 
     This release was issued through DigitalWork.com -- Your Business Workshop.
 For more information visit: http://www.digitalwork.com .
 
 SOURCE  Neglia Appraisals, Inc.