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Filed Under Buyers, Foreclosures, Sellers, Sellers & Buyers | Sellers Beware! Buyers Beware! According to www.LIRealEstateReport.com , Suffolk County saw a dramatic increase of foreclosure filings, as did Nassau County. Nearly $870,000,000 of real estate inventory in Suffolk County is facing fore...

As we progress through this challenging market, one of the glaring differences between successful selling agents and unsuccessful listing agents is how they are advising homeowners. There are plenty of real estate agents doing business like it was 2004 all over again. They are the agents who are ...

Long Island Real Estate Market: Foreclosure Update, August 2008 This is an update for the foreclosures that are pending in Suffolk County. I decided to include some towns in Nassau County and Queens as well. Suffolk County West Islip = 27 Homes Pending Foreclosure (10% decline)Deer Park = 61 Home...

Long Island Real Estate Market: Quit Your Whining! Filed Under Buyers, Sellers | Attention Readers: This is a vent session. I'm going to share with you my personal insights about the general feelings I sense from others impacted by the current Long Island real estate market. During a "vent sessio...

Deer Park Real Estate: Market Update August, 2008 Filed Under Sellers | I'm going to compare June 2008 data with July 2008 data. I never liked math in school and I especially disliked statistics. However, like Mr. Alberding said in my 11th grade Math II Regents class (which I repeated from 10th g...

There's two sides to the real estate business. There's the emotional side where the person is buying [or selling] and then there's the business side, the non-emotional, logical and rational side. The emotional side is made up of the excitement, frustration, euphoria, fear, etc. that the buyer fee...

This is just a good resource for your first-time home buyer.  Home Buyer's Checklist Covers alot but well worth it.  I used it to give myself some insight as to what it's like to be a first time home buyer...again.  You're in the business 24/7 - you can forget what it's like to be on the other si...

For Sellers:"Home prices may fall 25 percent to 30 percent from their peak in 2006 and not hit bottom until 2010, with greater drops still in subprime mortgage debt markets." - Peter Acciavatti, credit analyst and managing director at JP Morgan Securities Inc Source: Reuters 6/11/08 "Home prices,...

Bush Offers Plan to Save Fannie, Freddie Read this very carefully. I want you to think about this one question. Why are tax payers bearing the cost of bailing out a company or an industry? Think about this for a second. Is it necessary for the tax payers of this country, or any country, to make s...

I am starting a monthly article about the Deer Park, New York area, featuring the real estate market. I will be posting it monthly and each month will feature an update on the housing market in Deer Park, New York. According to the Multiple Listing Service of Long Island as of July 8, 2008: 1. 21...