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Lindenhurst, NY Real Estate News

By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Friendly's Long Island Free Fribble Day - June 23rd 2012 Nothing says Summer like a free Friendly's Fribble! On June 23rd, 2012 Friendly's Ice Cream is giving their customers a free 12oz Fribble from 11 a.m. to 4 p.m. That is five hours of Fribble pleasure! One Fribble per customer. Map of Friendly's Ice Cream store locations across Long Island: View Larger Map
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Another Oakdale NY Short Sale Sold! This Oakdale NY short sale successfully closed today. It had 3 banks on this home and all 3 banks cooperated. Went under contract on February 22nd, 2012 and we had approval in six weeks. This Oakdale NY home is in the Idle Hour Elementary School District. This High Ranch Oakdale NY home has five bedrooms, eight rooms, two full baths and a 1 car garage. It is also in the Connetquot School District and can be a two family by permit if the new homeowner chooses to do so. No matter what, short sales are always bittersweet. Although homeowners have lost their home to a short sale, they know it is better on their credit than a foreclosure and at the same time, are happy to have a "monkey" off their backs as they put it. And, the buyers feel bad for the home...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
How Do I Know If I am In A Flood Zone in Suffolk County NY? When you are paying $1,500.00 a year in flood insurance, that's how. In all seriousness, if your home is located south of Montauk Highway, then you are in a flood zone according to the FEMA flood maps and the Suffolk County Shelter & Storm Surge Zone Mapping Tool. The frustrating part is, homeowners that are selling their Lindenhurst NY home and are south of Montauk Highway, it can be difficult to get those homes sold in a short amount of time. Not all homes in Lindenhurst NY that are south of Montauk Highway will flood. I have seen homes sell that are right on a canal and have dry basements. Yes, I said basement. But, the next block over can have flooding issues. It does depend upon how the street is graded and the property an...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Housing Market Report 2012 | Under Contract Homes Lindenhurst NY May continued to be strong for the Lindenhurst NY real estate market. With the exception of January, February through April surpassed the 2011 numbers for pending sales. May 2012 remained the same compared to May of 2011. In the beginning of 2012, there were almost 300 homes on the market in Lindenhurst NY. Now there are 254 homes for sale. 27 single family homes closed in May 2012 with a median sold price of $249,000. In May 2011, 19 homes sold with a median sold price of $270,000. More short sales are closing faster than ever now and with the low sold prices of those short sales, the median sold price for May 2012 is low and not surprising. For 2012 thus far, 83 homes have sold with a median sold price of ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Real Estate Housing Market Update - May 2012 Lindenhurst NY homes are selling faster than ever before. This time last year buyers had choices in most price points. You could have bought an updated, nice home for $275,000. Now, in order to buy that same home, you have to climb to near $300,000. The Lindenhurst NY real estate market is slowly changing. During April 2012, we saw 54 homes that sold in Lindenhurst. That number has increased to 83 homes sold in May 2012. The median sold price for April and May has remained fairly steady along with days on the market.  The Lindenhurst NY housing market is starting to recover and before you know it, supply and demand will bring us a seller's market which we have not seen in 10 years. I know during the market boom was a seller's m...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Why I Can't Tell You if the Long Island NY Home Is Overpriced or Not When I am working with a buyer and showing them homes listed with brokerages other than my own brokerage, I am a Broker's Agent. Therefore, I am representing the seller. (Read about agency relationships here.) With that said, when you ask me if the home you are interested in is overpriced, I won't and can't tell you. By giving you that information while representing the seller, I am breaking agency disclosure law. Don't ask me to do that because it won't happen. I will never risk my license for anyone. I also will not check off Buyer's Agent on the New York Disclosure form without a Buyer Brokerage Agreement signed by the buyers and myself. Why? Some area brokerages are not offering compensation to a buyer's agent so w...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Long Island Attorney Review - Peter Zuckerman Uniondale NY Peter Zuckerman in Uniondale NY is the best! I have had my short sale sellers hire him as their attorney for their short sale transactions because I know they will be in great hands! Whenever I needed documents for the bank from Peter I would get them the same day. He is one attorney that doesn't sit behind his desk all day. He goes to court on behalf of his clients. There have been times where I would send him an email requesting something and he would text back letting me know he is in court and will get me what I need as soon as he can. He always delivers. I don't know how he does it. I think he cloned himself because he deals with short sales and foreclosures and both are very time consuming and he makes time to return calls...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Another Lindenhurst NY Short Sale Sold! I listed this Lindenhurst NY short sale on 12/31/11 and got a buyer a few days later. We closed on May 25th, 2012. It's always a relief for the homeowners and the buyer. For the sellers, they feel like a heavy weight has been lifted off their shoulders. For the buyer, they are relieved the bank accepted their offer and now they have a new home for the first time. For me, the pressure is off and it feels great knowing my sellers can move on to a new chapter in their lives. Call me today (631) 703-0201 to discuss selling your home as a short sale. Our conversation will be kept confidential regardless of your decision.
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Long Island NY Buyers - Why Are You Doing Your Agent's Job? When you hire a Long Island NY agent to help you find a home, they are supposed to help you, not have you do their job. I received a call from a very nice buyer on one of my listings. I asked who their agent is. Their agent is a family member. The buyer had said "I feel bad for my agent because they live 45 minutes away". And? When you sign the Buyer Brokerage Agreement, your agent has to call my office or myself to make the appointment. You pay your agent to search for homes, make appointments, submit and negotiate offers, accompany you to the home inspection, troubleshoot any problems along the way and finally, go with you to the closing. I explained these points to the buyer. I also won't put myself in a situation with a rep...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Buyer Profiles 2011 - Conventional Mortgage FHA & Cash As you can see from the chart more buyers are qualified for conventional mortgages compared to FHA. 234 homes sold in Linenhurst NY during 2011. 166 homes sold in Lindenhurst NY during 2010. So, if you were wondering where the buyers are, there are more buyers now and banks are lending money for mortgages. 38 Lindenhurst NY buyers bought with cash in 201123 Lindenhurst NY buyers bought with cash in 201017 Lindenhurst NY buyers have bought with cash so far in 2012The amount of cash buyers has increased between 2010 & 2011. That is very good. These cash buyers are helping to get Lindenhurst NY short sales and REO properties off the market either by flipping these homes or fixing them up for whole house rentals. Are you ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Open House Lindenhurst NY | 105 W. Lake Drive Lindenhurst NY Join me on Sunday, May 20th, 2012 from 1 p.m. to 4 p.m. and see this 3 bedroom Ranch home where the property taxes are affordable! Clean inside and out. Hardwood floors that gleam. Plenty of attic storage. The only thing this house needs is you! Situated south of Montauk Highway where you have the beach breezes without being on the water. Awesome circular driveway with extra parking to the right and there is plenty of on the street parking. Very close to shopping, schools, restaurants and the Long Island Railroad. See you Sunday, May 20th!            View Lindenhurst NY Houses for Sale 105 W. Lake Drive Lindenhurst NY in a larger map
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Town of Babylon Summer Concert Series 20122012 Summer Concert SeriesThe popular Town of Babylon Summer Concert Series is back for 2012! They are all free and below is the line-up for this year:Big Shot - The Music of Billy Joel Friday, June 29th at 7:30 p.m.Where: Overlook BeachFull House Wednesday, July 4th at 7:00 p.m.Where: Tanner ParkSatisfaction - Rolling Stones TributeFriday, July 6th at 7:30 p.m.Where: Tanner ParkStrawberry Fields - Beatles TributeWednesday, July 11th at 7:00 p.m.Where: Tanner ParkLet's Hang On - Tribute to Frankie Valli and The Four SeasonsFriday, July 13 at 7:30 p.m.Where: Tanner ParkARRIVAL from Sweden - The Music of AbbaWednesday, July 18th at 7:00 p.m.Where: Tanner ParkDavid CassidyFriday, July 20th at 7:30 p.m.Where: Tanner ParkPhil VassarWednesday, July 25...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Jones Beach Airshow 2012 - Got the Need for Speed?The line-up for this year's Jones Beach Memorial Day weekend Airshow is spectacular. I will be there and cannot wait! I will have videos and photos from the event the same day or next day. U.S. Navy Blue AngelsU.S. Army Golden KnightsF-18 Super HornetCanadian Forces SnowbirdsNY Air National Guard Search & RescueU.S. Air Force F-22 RaptorSean D. TuckerDavid WindmillerGEICO SkytypersMatt ChapmanJohn Klatt Airshows American Airpower Museum WarbirdsLieutenant Colonel Ed Hamill & Start Your Deam AirshowJones Beach Airshow 2012 InformationWhen: Saturday May 26th & Sunday May 27th 2012Time: 10 a.m. to 3 p.m. both daysWhere: Jones Beach, Wantagh NY - Click here for directionsBring a beach chair, sit, relax and enjoy the show!Jones Beach Airshow ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Houses Under Contract | Pending Home Sales Lindenhurst NY | Lindenhurst NY Real Estate Market - Changes are Happening! 30 homes in Lindenhurst went pending in April 2012. The last time we saw that many homes go under contract was April 2010. That was the time of the $8,000 home buyer tax credit and real estate professionals agreed that those numbers were padded because of the tax credit. No padding here now! April 2012 pending sales was almost double compared to April 2011. The Lindenhurst NY real estate market is changing little by little. Low mortgage rates are helping for sure. I'm also starting to see homes sell for 3% below list price and not more. Homes on busy streets are selling quickly as well. Although few, I'm seeing some bidding wars where some homes are selli...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Yard Sales Suffolk County May 2012 | Suffolk County Garage Sales May 2012 | Calling All Treasure Seekers! Lindenhurst NY Yard Sales 753 S. Pecan Street - Friday May 11th 9 a.m. to 1 p.m. & Saturday May 12th 9 a.m. to 2 p.m.428 N. Erie Avenue - May 12th 9 a.m. to 4 p.m.52 Merritt Street - May 11th & 12th 9 a.m. to 4 p.m. both days.West Babylon Yard Sales33 Muncie Road - May 11th (no time indicated)636 Peconic Avenue - May 11th 9:30 a.m. to 4 p.m.200 Farmingdale Road - May 11th 9 a.m. to 3 p.m. & May 12th 9 a.m. to 3 p.m.471 17th Street - May 12th 9 a.m. to 5 p.m.~~Happy treasure hunting!~~
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Housing Market 2012 | Sold Homes for Lindenhurst NY 2012 | Lindenhurst NY Real Estate Market In 2011 we saw 312 Lindenhurst homes listed and 234 of them sold with the average days on the market at 127. Having that many homes sell compared to how many were listed is awesome! When homes are priced right, they will sell. In 2011 there were 136 homes that were withdrawn and expired in Lindenhurst. There are many reasons why this happens. Not all of these homes weren't priced right. So far for 2012 the Lindenhurst NY housing market is doing well. 247 Lindenhurst homes are on the market and 54 have sold with the average days on the market at 124. Again, not bad at all. Lindenhurst homeowners are realizing that if their home is not priced right, it will sit and never sell. Chasi...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Short Sales | Lindenhurst NY Short Sale Homes | Lindenhurst NY Housing Market Currently, there are 250 homes for sale in Lindenhurst. 62 of of them are short sales. So far in 2012, 27 homes have been listed as short sales and 13 of them have sold. That is almost half and a very good sign because this shows banks are starting to move faster than they have in the last five years. Lindenhurst NY Short Sale Sold Statistics:13 Lindenhurst Short Sales Sold for 2012Average Listing Price 2012: $263,158Average Listing Price 2011: $299,875Median Sold Price 2012: $259,500Median Sold Price 2011: $250,000List Price to Sold Price Ratio 2012: 4.66%List Price to Sold Price Ratio 2011: 6.36%Average Days on the Market 2012: 204Average Days of the Market 2011: 179 Before buying a Lindenhurs...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Lindenhurst NY Sold Homes 4/23/2012 - Lindenhurst NY Housing Market - Lindehurst NY Short Sales Three homes sold/closed last week in Lindenhurst NY: 381 Centre Avenue Lindenhurst - This REO home has two bedrooms, five rooms with a 1.5 detached garage and a crawl basement. It was on the market for 40 days. 23 E. Kissimee Road Lindenhurst - Listed for $249,990 and sold for $235,000. Three bedrooms, seven rooms, no basement and no garage. 104 days on the market. Not a short sale or REO property. 51 Winchester Drive Lindenhurst - This short sale home was listed for $289,000 and sold for $280,000. On the market for 38 days. It has 7 bedrooms, 14 rooms and 4.5 bathrooms. Yes, this house is huge! The buyer really got a great deal too. Currently, there are 248 homes for sale in Lindenhurst. 62 ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Garage Sales Suffolk County - Treasure Seekers Haven!For you die-hard treasure seekers, there are many great garage sales this weekend: Amityville NY Multi-Family Garage SaleFriday April 27th & Saturday April 28th - 8 a.m. to 2 p.m both daysBay Shore NY Indoor/Outdoor Garage SaleFriday April 27th to Sunday April 29th 9 a.m. to 4 p.m. all three daysCommack NY Fundraiser Garage SaleSunday April 29th 9 a.m. to 2 p.m.East Islip NY Moving Tag SaleSaturday April 28th & Sunday April 29th from 9:30 a.m. to 5 p.m. both daysHauppauge NY Garage SaleFriday April 27th 10 a.m. to 3 p.m. & Saturday April 28th 10 a.m. to 4 p.m.Isip Terrace NY Estate SalesFriday April 27th & Saturday April 28th 9 a.m to 4 p.m.Final Estate Sale - Saturday April 28th 9 a.m. to 2 p.m.Lindenhurst NY Garage SaleSaturday Apri...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Shame on You Not that long ago, a potential buyer called me and asked if I could help them buy a home. I said yes. :) During our conversation, they were upfront and told me they were working with other agents. Whoa, hold on! I politely said that I do not run around hoping you will buy a home from me. It's not a "she who sells the home first gets the commission contest". I work in the red until you buy a home and we go to closing. This buyer understood that and apologized and told me something interesting. They were told that in order for an agent to show them homes, the buyer would have to sign the Buyer Brokerage Agreement. . I was stunned. No one has t...
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