Lindenhurst (Lindenhurst, NY)
By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Home Values for June 2014  The Real State of the Lindenhurst Real Estate Market Monthly Market Snapshot for Single Family Homes - June 2014 In June 2014, the Lindenhurst NY real estate market median sales price was $265,000 and during the same time last year it was $307,000. The highest recent sale for is $370,000 for a 3 bedroom, 8 room Colonial on North 6th Street. 31 homes went under contract during June 2014 which is down 25.8% from this time last year. This is due to decreasing available homes on the market and buyers are experiencing tight negotiating. There are less distressed properties on the market with 33 short sales available in Lindenhurst. The Lindenhurst NY housing market has been in a seller’s market for over six months so expect to pay close to or at aski...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Did Every Home in Lindenhurst NY Flood from Sandy? There is this perception with buyers and homeowners that every home in Lindenhurst NY south of Montauk Highway flooded. That is not true. There are even homes on the water that didn't flood. It is about the elevation of the land and the home that determines if the home is in a flood zone. There are homes in Lindenhurst NY where the back of the house is in a flood zone but the rest of the house is in flood zone x which is not a flood zone. I have a listing in the Venice are of Lindenhurst NY that half the homes in the back are in flood zone AE but the front of the homes and the street are in flood zone x. It is certainly a quandry. Homeowners in Lindenhurst NY that want to sell have to get an elevation certificate from a licensed Land Su...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
The Real State of the Lindenhurst NY Real Estate MarketMonthly Market Snapshot for Single Family Homes - March 2014by Jackie Connelly-Fornuff with Century 21 AA Realty of Lindenhurst NY In March 2014, the Lindenhurst NY real estate market median sales price was $268,000 up 9.38% from March 2013. The highest recent sale for 2014 is $469,000 for a 4 bedroom, 11 room new construction Colonial on Idaho Street. 16 homes went under contract during March 2014 which is down 15.8% from this time last year. This is due to decreasing available homes on the market and buyers are experiencing tight negotiating and a colder than normal winter has also played a factor in the decrease of inventory. The Lindenhurst NY housing market has been in a seller’s market for over six months so expect to pay clos...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Easter Egg Hunts on Long Island 2014 Nothing says Spring like Easter egg hunts! Below are some great egg hunts in Nassau and Suffolk Counties: Merrick Easter Egg HuntWhen: Saturday, April 12th 2014 Where: Fraser Park on Fraser Avenue, Merrick NYTime: 11 a.m. sharpThere will also be the Matzos Beach Ball Toss and don't forget to bring your baskets! White Post Farms Spring SpectacularWhen: Saturday, April 5th 2014 and throughout AprilWhere: 250 Old Country Road Melville NYTime: 10 a.m. to 5 p.m.Admission: $15.00 per personAdmission includes a photo with the Easter Bunny with your own camera, Easter egg hunts throughout the day, visiting with the animals on the farm. If the weather permits, the bounce houses will be available and is included in the admission price. You can print coupons he...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
People Only Know What They See When sellers and buyers are searching for homes online they see how many are available and think that is the norm. Across Long Island the amount of available homes compared to last year is down considerably. Unless people have been searching for a home for a year or more will know that inventory is down now. Let's take Lindenhurst NY as an example. Last year consistently there were 236 homes available. As of this morning there are 155 homes on the market. That is a considerable decline. 39 of these homes are on busy streets and roads. Buyers that have been searching for a house since last year know this to be a fact and now wish they bought a house in 2013 or 2012. Buyers that have started their search a few months ago are thinking that a flood of homes wi...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Cash Offer. And? An agent was telling me that her buyer wanted to make a really low offer on a house because they are paying cash. Then comes another offer and the buyer is getting a mortgage. The offer is $25,000 above the cash buyer. The cash buyer didn't believe their agent because this buyer thinks it's a buyer's market and that cash is king and there is no way another offer came in. Think again. A homeowner isn't going to take $25,000 less just because an offer is cash. They will go with the highest and best offer as well as the best terms. A homeowner will wait 30-90 days to close on their home. Would you forego $25,000 just to close sooner? No you wouldn't. If you say yes, I want your head examined and I say that with love :) Long Island is experiencing low inventory across both ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Can My Real Estate Agent Keep My House Active Without My Signature? Not in New York and not on your life! When a home expires from the market it is off the market, period. If you want your house back on the market whether with your agent or another, you have to sign all the listing paperwork again. When a home is due to expire from the market, your agent can give you a form called the MLS Report of Change Form. It is on this form what date you want to extend the listing expiration date to. You, being the homeowner, have to sign this form and your agent signs. If your home has been extended on the MLS without your written permission, your agent is not doing the right thing.
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Lindenhurst, NY Real Estate Professionals