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Massapequa, NY Real Estate News

By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
Check out SNAPS Fitness in Massapequa Long Island NY As a New York Feng Shui Consultant AND a Roving Reporter, I was thrilled to catch the Grand Opening of SNAPS Fitness located in Massapequa Long Island NY.  Recently we went back to find out what makes SNAPS so special... A New York Feng Shui Consultant AND a Roving Reporter! What makes SNAPS so different from other fitness centers?  They have the most up to date equipment I've seen, personal trainers are available, and best of all....it never closes.  With your SNAPS membership you get an access card so the time YOU decide to workout is the time you can do. When they say 24/7, they mean it!  I think that's a unique idea.  Too often local gyms are closed when you'd like to go....late at night and holidays you can't work out if you'd li...
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By Scott Donnellan
(RE/MAX Innovations)
Although the Real Estate picture throughout the country seems to be all gloom and doom, our local Long Island Market, and our Massapequa market in particular are still seeing homes sell for close to asking price.  As buyers are searching for homes everybody seems to be looking for "deals",  the problem with this deal hunting is that many buyers feel that they can steal someone's house from them!  This is not the case.  While there are still bargains to be had in the pre- foreclosure motivated seller market who has positive equity in their home, the majority of homes are being sold at market value.  It is also still possible to see homes that go for over ask. With that said as a buyer if you can afford to buy a home for $400000 do not waste time seeing houses that are listed at $475,000....
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By Scott Donnellan
(RE/MAX Innovations)
I keep getting calls from buyers who want foreclosures,  and my answer is always the same.  NO YOU DONT!  Don't get me wrong there are some deals to be had in the foreclosure market,  but they are not for everybody.  First off the prices aren't much lower than other homes,  and usually they are in serious disrpepair.  Lets take a recent foreclosure in Massapequa that was sold for a decent price in Nassau Shores.  The home had extensive water damage, mold issues, no copper wire left in the house,  broken cabinets, and a broken heating system.  The sales price on its own was a good deal, but when you factor in all the work that was needed to move into the house the home sale price and the improvements needed puts its total price at over comparable market price.  Now I have seen some decen...
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By Kin Tsui
(EMC Long Island Realty)
  The shopping center is located on the south side of Sunrise Highway, across the Westfield Sunrise Mall. There are less than 15 stores but all are big stores such as McDonald's, Dollar Tree, Staples, Toysrus, Burlington Coat Factory, Waldbaum's etc. Circuit City closed the store already, next to previous Circuit City location is Linens n Things which filed bankruptcy too. I hope the next wave of commercial mortgage default will not come. I am afraid that will push the economy into depression.
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By Scott Donnellan
(RE/MAX Innovations)
What a great time to buy a house.  Between mortgage rates at 5 percent and below, the choice of houses and the willingness to negotiate it is a great market for first time buyers.  Most people agree that first time buyers are in great shape but there is also a group of buyers that also can make out.  These trade up buyers who are forced to sell for less,  have an excellent opportunity to buy for less as well.  Take a trade up buyer in Massapequa Park to move down to Harbor Green.  The Park buyer will be forced to to take 5% less ( 450000 asking price take 22,000 off).  They then can buy a home in South Massapequa listed at 650000 and if they get it for 5% off asking price takes 32,000 off.  However even more important is that as you go up the price range teh market gets softer so potent...
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By Joanne Mills
(Exit Realty Premier)
I know this is a thought many of us have. How will our industry change after the change of our President? How do you think a Democratic regime will change our business, or are people like Steve Harney from Keeping Current Matters and Dean Hartman from Continental Home Loans right, when they say it is up to us the agents. That we must educate our sellers to price there homes to sell today and to educate the buyers past their wait and see attitudes and buy today! I believe we are somewhere in the middle. We must, as professional in the Real Estate Industry do our part, by education and promotion on what the opportunities for our clients really are at this time. We must be stronger on pricing and placing only marketable homes on the market, or walk away. Also, we must make our voices heard...
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By Joanne Mills
(Exit Realty Premier)
By ordering a Home Inspection for the home you are selling or purchasing, you might save time and more money than you thought. When selling you can identify and complete necessary repairs before the final inspection. Many times this avoids a loss of sale due to unidentified repairs at the final walk through. When purchasing a Home Inspection can identify high cost issues, insure the safety of your family and allow you to understand the general condition of the home. It also helps to understand the maintenance needed to  keep the home in good condition. If you are purchasing a new home, identifying construction errors, structural concerns and getting an objective opinion on quality issues are more reasons than not to go this route. You will especially want the inspection if and when the ...
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Despite the national real estate picture and the state of the economy this is a great market becuase it presents opportunity for first time buyers and trade up buyers.  Look at this opportunity for first time buyers.  The mortgage rates are still historically low, and prices have come down from where they were a few years ago.  In addition if you have a good credit score you can buy a home with an FHA loan meaning you can by a home with 3% down and the confoming loan limits have been raised significantly higher that the 417,000 they were at last year.  This is a big difference from the reports you hear on the  news that says that people are having a hard time getting loans.  This cannot be further from the truth.  If you are a trade up buyer again opportunity knocks.  Yes you will get l...
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By Scott Donnellan
(RE/MAX Innovations)
 AS we begin the new year it seems as if the year 2008 will be better than the last.  It is a great time to buy a home,  and to be honest with you becuase of this it is also a great time to sell a home.  In teh first 4 weeks of teh new year I have noticed one key thing the buyers are out.  Why is this all of sudden?  Mortgage rates are very low.  Just the other day I recieved a rate sheet for 30 year fixed rates in the 5.25 range.  Sellers are getting more realistic with prices,  and buyers realize that now is as good a time as any to buy a home.  With rates where they are buyers can afford more,  and don't have to wait for prices to come down any further!  What does this all mean for the Massapequa market?  Locally If you are looking to get into the neighborhood it is a great time to b...
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By Scott Donnellan
(RE/MAX Innovations)
Despite the national gloom and doom,  Nassau County Real Estate is still doing well.  This current market adjustment was a much needed one;  Did you really think we were going to be able to sustain 10% appreciation rates every year? While it was nice as a homeowner; where would our kids be able to live if this continued?  What we had over the past year was a much needed correction. If you are a potential home-buyer you can get some good deals in this market, depending on a seller's motivation but guess what, you still cannot steal someone's house.  For those of you who might be waiting until the "bottom falls out" on the local market- its not going to happen. I focus my business on the South Shore of Nassau County primarily Massapequa Real Estate, Massapequa Park Real Estate, Seaford Re...
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By "Tommy" Decebal, Adamescu Long Island NY MASTER Home Inspector
(HomeSpector Inc. 516-851-5833)
www.HomeSpectorInc.comPreventive Maintenance is the Best Cure... Is the home safe for you and your family to live in it? Are all systems and components of the home in good functioning condition now? Is there any probability of repairs or replacements of costly components in the near future and approximately what kind of life expectancy do they have? Very few people have the comprehensive education and training to make an adequate evaluation of all major systems and components of a home. Prices: An average 1500 - 2000 sq. ft., about 50-70 yrs. old home inspection regular price is $450 (including termite inspection and free extras) Limited time ONLY $350 when you mention code 008 Please read special internet promotions below or call for additional information. Call for special pricing reg...
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
I'm not quite sure if I found her or she found me; no matter.  We're Activerainers and one thing we have in common is that we BOTH love our local fairs.  If you haven't guessed by now, I'm speaking of Lisa Heindel and here's a link to her latest adventure:  2007 Gretna Heritage Festival a Big Success This fair isn't one I usually go to but it is the ONLY fair my son goes to.  Having my daughter home from college for the weekend (and already tired from the previous fair that same day) we decided to go meet up with my son for a few hours.  This fair is held in Massapequa, Long Island, New York and is apparently a great one that I've been missing!  For one thing, it's even larger than many of the others and we came across some interesting sights but that wasn't what touched a nerve with me...
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By Dan Adams, Real Estate Expert Advisor
(Real Living Innovations)
Massapequa NY Real Estate Market ConditionsNow that the 4th of July is over, school is over... the market will pick up for the month of July.  Besides going to the beach and enjoying the weather, July is the second best month of the year to buy or sell a house.  If you find a house this month, timeframe will be perfect for right before school closing.  The market is moving along, in spite of the huge inventory available.  Buyers have their choice in homes, causing them to take more time in making a decision, but we are also noticing that if the house is priced well, standing out in some way from the rest, interest is high and sometimes multiple offers are placed.   We here at the Dan Adams Home Team continuously monitor local real estate statistics to keep our clients informed and ahead...
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By Dan Adams, Real Estate Expert Advisor
(Real Living Innovations)
Massapequa NY Real Estate Market ConditionsWe are well into a nice summertime sales flow.  Massapequa always picks up around this time and especially the waterfront community.  Everyone is gearing up for the 4th of July FireWorks Show at Jones Beach!The market is moving along, in spite of the huge inventory available.  Buyers have their choice in homes, causing them to take more time in making a decision, but we are also noticing that if the house is priced well, standing out in some way from the rest, interest is high and sometimes multiple offers are placed.   We here at the Dan Adams Home Team continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Massapequa real estate statistic for the 4th week of May...
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By Dan Adams, Real Estate Expert Advisor
(Real Living Innovations)
We here at the Dan Adams Home Team continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Massapequa real estate statistic for the 4th week of MayNew homes on the market: 24Number of homes entering escrow: 8Number of homes closing escrow (sold): 5Number of homes expiring: 9Avg Days on Market: 87For a FREE quick Over-the-Net Home Evaluation visit: http://www.lihomepricing.com/If you would like a free list of homes for sale in this area/neighborhood, with photos visit: http://www.lifreemls.com/ Buy any home from us and you will receive our: "Buyers Satisfaction Guarantee" If your not completely satisfied with your home, we will buy it back, or sell it for FREE. http://www.dansbuyback.com/ Or if you would lik...
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By Susan Starkie
(Prudential Douglas Elliman RE)
STAR Agent, KEY Results A Fine Homes and Waterfront Specialist Susan Starkie is a Lic. Associate Broker with Prudential Douglas Elliman Real Estate of Massapequa.  A native Long Islander specializing in Fine Homes, Waterfronts, Estate and Relocation sales.   A Top Producer Awards winner and full time Agent for over 18 years. MY MISSION to to help Sellers and Buyers with a positive, stress-free and good experience with the whole real estate process.  A caring professional, successfully helping others in the Buying and Selling process of real estate.  I enjoy what I do, and I enjoy helping others fulfill their dreams.  Let me help you too. I serve Massapequa, Massapequa Park, Seaford, Wantagh, Bellmore, Amityville and surrounding communities of Nassau and Suffolk County.  With Knowledge, ...
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