West Islip Real Estate Market Report For Period: 11/1/09 To 11/30/09Homes New On The Market15 Single Family HomesAverage Listing Price: $494,690Low Listing Price: $299,900High Listing Price: $729,990The High Listing Price reflects Luxury Homes Homes Currently Under Contract15 Single Family HomesAverage Listing Price: $435,797Original Listing Price: $448,984The difference between the Average and Original numbers are because the original listing price was lowered due to the fact the price wasn't at Market Value to begin with. When this happens, it keeps getting lowered to attract offers. You run into the danger of getting it below Market Value and that you do not want. When you price it right the first time, then you will get offers close to your asking price or at asking price. Homes Tha... 12/04/2009

Henry Blodget has an interesting interview with Yale Professor Robert Shiller on the housing crisis. Watch the video here. Highlights are below: From Yahoo! Finance: Home price declines are already approaching those in the Great Depression, when they plunged 30% during the 1930s. With prices already down almost 20%, it's not a stretch to think we might exceed that drop this time around. There are about 10 million homeowners whose debt is higher than their home value, which has broad implications for how Americans feel about their wealth and spending habits (read: more pressure on consumer spending). The current hopeful consensus-that house prices will bottom soon and then begin to recover-is most likely a dream. Housing markets don't usually have "V-shaped" recoveries. And even if house... 09/06/2008

  Coldwell Banker is always trying to think of new ways for our company to stay ahead and promote listing, giving them the most exposure. See the latest from an article taken off the coldwellbanker web site...   Coldwell Banker Takes Homes for Sale on the Road Beginning May 15th, 2008, Coldwell Banker Real Estate LLC, the 2007 Inman News' Innovator of the Year winner in the brokerage/franchise category, became the first national full-service real estate company to distribute its listings to a GPS device.  Coldwell Banker worked with Dash Navigation Inc., the first GPS provider to have an Internet connected GPS device and deliver Web-based content directly to the GPS.Just as Coldwell Banker now feeds listings to such Web sites as Google, Yahoo, Trulia and others, brand listings from arou... 06/23/2008