West Babylon, NY Real Estate News

By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Fisherman's Wharf West Babylon Real Estate Market Report For The 1st Quarter 2010 Newly Listed Co-Ops - 3Average Listing Price $204,897 Under Contract - 5Average Listing Price $190,020Original Listing Price $194,760Average Days On The Market - 172 Sold Units - 3Average Listing Price $176,333Sold Price $166,667% Difference 5.5Average Days On The Market - 129 Sold Units For 1st Quarter 2009 - 3Average Listing Price $171,633Average Sold Price $157,333% Difference 8.33Average Days On The Market - 123 Compared to 2009, sold prices at Fisherman's Wharf have gone up. Why? Co-ops are very affordable compared to condos and single family homes. They are perfect for the first time home buyer who cannot afford a single family home or a higher priced condo. Fisherman's Wharf Requirements: In order ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Relocating To Long Island New York? A Great Place To Live, Work And Play! Long Island, New York is home to many wonderful communities within Suffolk and Nassau Counties. There is always something to do and great places to see which means you will never be bored here on Long Island! The Babylon area of Long Island, New York has towns that are still affordable to live in like West Babylon and Lindenhurst. Both towns are located on the South Shore of Long Island. The average home price in West Babylon for 2009 was $303,103 with average taxes of $8,246 and this is for a 3 bedroom, 2 bathroom home. The average home price in Lindenhurst for 2009 was $309,792 with average taxes of $7,989 and this is for a 3 bedroom, 2 bathroom home. The  most popular style home in West Babylon and Lindenhurst...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Sears Scratch & Dent Appliance Center West Babylon NY Located in the K-Mart shopping center on Montauk Highway and across the street from the Great South Bay Shopping Center. The appliance center is also known as the "scratch & dent" place. Most of the appliances do not have a single dent or even have scratches on them. I can attest to this since I bought a washing machine from them last year and it doesn't have one single scratch or dent. It must have been a floor model. It did come with a 90 day warranty and I haven't had any problems with it. Sears Appliance Outlet Center has every appliance you can think of. They even have high-end treadmills at very low prices. Stainless steel appliances are 50% off. You can't beat that! Keep in mind that if you find an appliance like a refrigerato...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Fisherman's Wharf West Babylon Real Estate Market Report For February 2010 There were no newly listed co-ops and also no closed co-op units in Fisherman's Wharf for February. Only Under Contract. In order to live at Fisherman's Wharf, you have to be approved by the Board. That is the last step before going to closing. Fisherman's Wharf Requirements: Maximum 3 to 1 Debt-To-Income Ratio (33%)15% down minimum (used to be 20%)Income Requirement: Taking a mortgage - $53,950.00 No Mortgage - $44,141.00   Under Contract 4 Average Listing Price $191,850 Original Price $194,350 Average Maintenance Fee $700 Average Days On The Market 165
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
West Babylon Real Estate Market Report For February 2010 This real estate market report for West Babylon does not include short sale and foreclosure homes. When you look at the Days On The Market for homes that sold, that is a long time. Homeowners, if you price your home at market value, your home will sell in under 90 days. Newly Listed Homes 16 Average Listing Price $357,667 Average Taxes $8,613 Under Contract 9 Average Listing Price $283,443 Original Price $302,887 Average Taxes $7,756 Days On The Market 117     Homes That Sold 2 Average Listing Price $273,750 Original Price $278,750 Sold Price $276,000 % Difference -0.8% Average Taxes 7,374 Days On The Market 212    
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
West Babylon NY Coops - What Are They? Co-ops are apartments in small or large complexes. You do not own the land or the unit itself, you own shares and you are also a shareholder. You are responsible for the walls in. There are a group of shareholders called the Board. Shareholders vote for these Board members so that there is some control over what goes on in the development and to make sure the By-Laws are upheld. Then you have the property management company. This company is hired by the Board to take care of the grounds maintenance and they oversee the Maintenance Manager who usually lives on the property rent-free. Every Board in a co-op development is different. All rules are different. The Board sets the down payment amount with buyers, your debt-to-income ratio, salary requirem...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
West Babylon Real Estate Market Report Sold Homes For January 2010 This real estate market report for West Babylon, New York is being compared to 2008 & 2009: There were 8 homes that sold in January of 2008 and 11 homes sold in January of 2009 This month, there are 15 homes that sold in West Babylon, New York. Almost double compared to January 2008. These numbers will continue to increase in the next few months since spring selling season is now. The Average Listing Price for January 2010: $306,105The Average Sold Price for January 2010:    $282,540% Difference: 6.57%Average Days On The Market: 71 Average Taxes: $9,151.00The percentage difference would be less when a home is priced at market value to begin with. Higher than market value, then you end up getting less for your home then i...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
West Babylon Real Estate Market Report New Homes Listed For January 2010 This real estate market report for West Babylon, New York is being compared to 2008 & 2009: There were 20 homes newly listed in January of 2008 and 22 homes newly listed in January of 2009 This month, there are 48 newly listed homes in West Babylon, New York. That is just over 50% compared to 2008 & 2009. The Average Listing Price for January 2010: $331,995Average Taxes: $7,985.00 Homeowners that can sell now are taking advantage of the massive amounts of buyers that are out there NOW that want the $8,000.00 tax credit being offered. The spring selling season is now, not in March because of the home buyer tax credit. Not sure what the market value of your home is? Pricing at market value is key. You may contact me ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Condos Townhouses In West Babylon NY - Maple Court Development I live in the Maple Court/Petersen Court condo development. There are 12 units and they were built in 1995. Only 4 units have full basements. They are all 2 bedrooms with an Eat In Kitchen, Diningroom, and a spacious livingroom. Upstairs you will have a master bedroom and a 2nd bedroom and a large master bathroom. Now, the units that do not have basements have a larger master bedroom and have 2 full bathrooms. All units have attic storage. The closets are more than spacious. My son's closet is large enough to put another bed in there and still have plenty of room for storage. His dresser is in his closet! One unit recently sold for $315,000.00 and has a full, finished basement and in December of 2008 one unit sold for $294,0...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Fishermans Wharf West Babylon NY Coops - Sold Prices 2009 Number of Units Closed in 2009: 15 Average Listing Price: 186,325.00Sold Price: 175,014.00Average Days On Market: 127 Low Listing Price: $165,000.00Sold Price: $152,000.00Days On Market: 13High Listing Price: $220,000.00Sold Price: $213,500.00Days On Market: 457 99% of these units were 1 bedroom. Fisherman's Wharf is a desirable co-op development to live in. I lived there for 7 years. This development has a large pool and 2 tennis courts. The landscaping is beautiful. Your maintenance fee is deductible up to 60% and always consult your tax professional regarding this. If you want to see any of the available units, contact me and I will show you as many as you want so you can make an informed decision.
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Bagel & Deli Creations in West Babylon, New York This deli is my favorite place for bagels. They are more than just a deli however. They also do catering. My favorite bagel is their french toast bagel with cream cheese. Not low fat cream cheese, the real stuff! That bagel is smothered in cinnamon sugar and syrup. It's like a desert its so delicious! All of their bagels and other breads are always fresh and soft, never hard and stale. They have breakfast creations including egg white omeletts and breakfast wraps. Oh, and let's not forget pancakes! No other deli around the area makes pancakes. They have a choice of buttermilk, blueberry, chocolate chip (another favorite of mine) and good 'ol french toast! For lunch you can get burgers, salads and panini's. All grill items are served with ...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
West Babylon Real Estate Market ReportNewly Listed Homes If you would like to receive monthly and quarterly market reports for your area, email me and I will sign you up! I hope everyone has a Happy New Year! Newly Listed HomesAverage Listing Price: $373,389Average Low Listing Price: $177,900Average High Listing Price: $599,000 Homes Under ContractAverage Listing Price: $314,912Days On Market: 13 Average Low Listing Price: $153,900Days On Market: 10 Average High Listing Price: $699,000Days On Market: 62 Homes That ClosedAverage Sold Price: $274,667 Days On Market: 35 Average Low Sold Price: $155,000 Days On Market: 16 Average High Sold Price: $375,000 Days On Market: 67
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Bed Bath And Beyond West Babylon New York Located at the Great South Bay Shopping Center in West Babylon This store is my favorite place to shop! Do you get those large 20% off coupons in the mail like I do? I have about 20 of them. What do you do with yours once they are expired? Throw them out? I hope not! Did you know Bed Bath and Beyond will take those expired coupons? Did you know you can use more than one? My Mom told me months ago that she was using the expired coupons and they happily take them. She also told me if she has 5 items, she can use 5 coupons. I told her it's because she's a Senior Citizen. She told me it's not because of that. She was right. You can use the expired coupons. If you have 5 items, you can use 5 coupons. Amazing isn't it? So, stop throwing out the expire...
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
44 E. Neck Court - West Babylon off of Muncy Avenue from 1:00 to 3:00
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