Kin's Blog: Kin Tsui (Kin Real Estate)

I cannot believe that those "boring clicking" Facebook games become so popular and addictive.

If you are an active player, then you will know you need more "neighbors", "allies", "clan" to be more sucessful in the games.

My facebook user name is Kin Tsui, you are welcome to Add me. No purchase is neccessory :-)

Here are some games I am playing:

Cafe World - level 69

Castle Age - level 46

Farmville - level 62

Fishville - level

Mafia Wars - level 284

Ninja Warz - level 37

Petville - level 19

Restaurant City - level 40

Texas HoldEm Poker - $1.9M chips

Vampire Wars - level 55

Facebook founded in February 2004, is a social utility that helps people communicate more efficiently with their friends, family and coworkers. The company develops technologies that facilitate the sharing of information through the social graph, the digital mapping of people's real-world social connections.

See the amazing Statistics Figures:

More than 400 million active users

50% of active users log on to Facebook in any given day

More than 35 million users update their status each day

More than 60 million status updates posted each day

More than 3 billion photos uploaded to the site each month

More than 5 billion pieces of content (web links, news stories, blog posts, notes, photo albums, etc.) shared each week

More than 20 million people become fans of Pages each day

Pages have created more than 5.3 billion fans

Pages have created more than 5.3 billion fans

Average user spends more than 55 minutes per day on Facebook

There are more than 100 million active users currently accessing Facebook through their mobile devices.

People that use Facebook on their mobile devices are twice more active on Facebook than non-mobile users.

Source: Facebook

Microsoft unveils two KIN phones - KIN ONE and KIN TWO.

KIN ONE come with a 5 megapixel camera, 4Gb memory, KIN TWO includes an 8 megapixels camera and 8 Gb memory.

Their target seems to be users of Facebook, Twitter, Windows Live and MySpace.

It will be launched on Verizon Wireless next month in the United States.

See the details on Kin.com

The unit is located at 31-50 140 St, Flushing, NY11354 - 1 bedrooms 1 bath about 700 square feet. It was sold for $141,000 in March, 2010.

The building is a 6-stories building which was built in 1957. It is located on 140 St between 31 Rd & 32 Ave. There is laundry room in the building. Subway is on Roosevelt Ave which is within walking distance.

The monthly maintenance fee is $670 which includes electric, gas, water, heat & real estate tax. It is managed by Delkap Management.

The unit is located at 33-44 91 St, #4M, Jackson Heights, NY11372 - 1 bedrooms 1 bath about 770 square feet. It was sold for $128,000 in December, 2009.

The building is a 6-stories building which was built in 1958. It is located on 91 St between Northern Blvd & 34 Ave. There is laundry room, private park in the complex. Subway is on Roosevelt Ave which is just few blocks away.

The monthly maintenance fee is $491 which includes electric, gas, water, heat & real tax.

There were more units under contracts in Dec 09 than Dec 08, but slowed down from Nov 09.

Median price was still in a down trend.

..................... Inventory ..............*........... Units in contract ...................*....... Months Supply(based on contracts in Dec 09)

 ................ Dec 09 ....... Dec 08 ......*..... Dec 09 ..... Nov 09 ..... Dec 08

Queens ...... 9079 ......... 9822 .......*...... 597 ........ 640 ......... 497 .......*........ 15.2 

Nassau ....... 8028 ......... 8592 .......*...... 707 ........ 782 ........ 554 ........*........ 11.4

Suffolk ..... 11372 ....... 12138 .......*...... 768 ........ 802 ......... 661 ........*....... 14.8

 ..................... Units closed ............................... Median Price on closed properties

................ Dec 09 ......... Dec 08 ..... Nov 09 ....... Dec 09 ........ Dec 08 ........ Nov 09

Queens ....... 820 ........... 537 ........ 659 ........ $335,000 .... $390,000 .... $348,000

Nassau ........ 852 ........... 697 ........ 921 ........ $400,000 .... $410,000 .... $407,000

Suffolk ...... 1036 .......... 730 ......... 978 ........ $325,000 .... $350,000 .... $330,000

Source: Long Island Board of Realtors

Disclaimer: Data represented transactions reported to MLS only, it didn't reflect all transactions in the area

Inventory built up again to over 2 years supply.

About 27% of the sales of single & two-family in 2009 was REO and 24% was Short-sale.

Median Selling Price in 2009 declinced over 20% from 2008.

Inventory as at 1/6/10:

136 units of 2 family - median asking price $650,000 (26 months supply)*

27 units of 1 family - median asking price $550,000 (27 months supply)*

45 units of condo - median asking price $329,000 (60 months supply)*

43 units of co-op - median asking price $149,000 (39 months supply)*

*Based on the closings in 2009

Units closed in 2009:

61 units of 2 family - median selling price $470,000 (volume decreased by 9% year over year)

12 units of 1 family - median selling price $302,700 (volume increased by 9% year over year)

9 units of condo - median selling price $235,000 (volume decreased by 30% year over year)

13 units of co-op - median selling price $145,000 (volume decreased by 50% year over year)

Units closed in 2008:

67 units of 2 family - median selling price $620,000

11 units of 1 family - median selling price $430,000

13 units of condo - median selling price $310,000

26 units of co-op - median selling price $150,500

Source: MLS of Long Island

Disclaimer: Data represented transactions reported to MLS only, it didn't reflect all transactions in the area

The unit is located at 141-09 28 Ave, Apt 5D, Flushing, NY 11354 - 2 bedrooms 1 bath about 850 square feet. It was sold for $190,000 in December, 2009.

The building is a 6-stories building which was built in 1952. It is located on Ave between 141 St & Union St. The area is quiet, parking is easy, yet it is within walking distance to downtown Flushing.

The monthly maintenance fee is $670 which included electric, gas, water, heat & real tax.