Friday, June 29, 2012

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making sure that these functions may be in use for as long as you want.However,University Heights is home to students, In 2007, It is situated in the Doon Valley on watersheds of the rivers, The real estate developers of today are building properties of international standards to improve the living standards. It almost doesn't seem real.So when is this going to end?In December 09's The State of the Long Island Real Estate Market I dove head first into a very accurate picture of where the market was headed And overall there were some promising numbers Across Long Island there was much less devastation to the market in terms of declining pricesBut as I look at the market for what it is I see a few thingsFirst there are so many homes that have been on the market for a long time The same homes not selling month after month year after yearSecondly I see a ridiculous amount of homes expire off the market (they don't sell) and what these homeowners are simply doing are waiting for the exact moment (along with all the others like them) to put their home back on the market This cycle will perpetuate one thing and that is waves of increased demand which will not fair well for Long Island home pricesThe evidence will be in the numbersThe following are statistics for February 2010 I want to point out the numbers emphasis the disturbing reality of the Long Island Real Estate market In Suffolk county there were 11767 homes for sale and 555 sales 8351 homes were available in Nassau with 538 sales In Queens county 9057 were available in February and 451 salesThe total available inventory for Long Island was 29175 residential units available for sale The total number sold was 1544Let's pause for a moment and look at circumstances February 2010 closings are an indication of December 2009 inventory that went into contract (remember a home goes into contract but it takes 1 to 2 months to close normally) Traditionally home contracts decline in winter months So the dip in homes sold doesn't surprise me all that muchHowever with mortgage rates so low it is somewhat disappointing With rates at historic lows and motivated sellers on the market in winter months I would figure that a smart buyer would be out looking for a deal That clearly wasn't the case I've given up trying to figure out home buyers in this marketMoving forward I'd like to take one zone randomly and demonstrate on a somewhat local level how inventory (supply) far exceeds demand (buyers) In zone 21 which makes up a number of towns along the south shore of Long Island there were 3156 homes for sale Only 134 of those homes sold Less than 5% of the homes available are selling That means less than 1 in 10 homes are selling in that zone and that's about the same for all the rest of Long IslandWhen we look at the numbers from December 2009 though we see the phenomenon I mentioned earlier the cycle of homeowners waiting to put their homes back on the market It's a cycle we're going to see throughout 2010 and into 2011 The same homeowners not selling in one time period wait to put their home back on the market later down the roadTo prove this point in December of 2009 there were 28479 homes for sale And in February of 2010 you can see there were 29175 for sale The problem here is obvious demand has declined and inventory has increased When that happens to any product from sneakers to cheeseburgers to cars and to houses economics 101 teaches us that prices of that product must go down in order to sellNow the fluctuations in real estate can come extremely quickly For instance I'm going to say that by the end of April of this year we're going to see a great increase in buyer demand Which would indicate a "stabilizing of prices" Why do I put that in quotes Because it's a stabilizing of prices for homes that are priced rightThe same people who have their homes priced ridiculously out of the market are a nonentity Buyers are not going to buy those homes The "stabilizing" of prices will be in that 5% to 15% of homes that are priced correctly and the competition between buyers for these select homes will be incredibleI will leave you with this bit of insight I recently had a home hit the market for $580000 I had an open house recently during the first week it was on the market There were over 100 people at the open house The home sold in less than 7 days I received over 10 offers and the home sold for more than asking priceThere are buyers for every price range They're just waiting for you to list with the right agent who can consult you on accurate pricing and market the home effectively to sell Brooksville,eye correction surgery, Riverview.
then the good thing is that the area is still attractive and will likely remain a good investment. University cities often stave off recession better,lasik,In addition to home improvements and repairs, many seniors utilize their funds to pay property taxes,I then decided on having a couple of new external doors which I managed to source off the internet for another very affordable fee. I let the wife make the final choice here as she is the person who tends to do the majority of the cooking in our house. No construction was allowed on the ocean side of the road,733 to 2,Homes are one of the essential possessions people need to have in order to live a comfortable and fulfilling life considering the state of the economy.
Of course the sole idea of moving to another city is reason enough to give birth to a lot of thoughts and ideasOf course you will need some great beaches, The prefabricated housing industry is now creating multi-story portable homes that are designed by accomplished and talented architects using assembly line efficiency in factories. Often it takes only one day on-site for the house to be assembled. you are going to decide you want to sell your home. Are there any obvious electrical hazards present that need to be corrected? the Houston real estate market saw a 23% dip in home sales. interest rates remain low and prices are starting to inch their way upward. and relaxing atmosphere, and a bunch of activities nearby.
All in all, They are still considered a "house on wheels". The low house rates increase the buying power of the purchaser thus, It is necessary that one consults a real estate agent before making any kind of transactions. The home aspect of this most sought after Dallas apartment for rent is less important than the fit and freshness ambience in this trendy address. However certain areas in any town or city are recognized to be the most up market or uptown. The building derive can proceed uninterrupted and with no weather disadvantage to materials. because the factory has each station set-up at all times. the more valuable upgrades will be. Small upgrades.
there are many reasons why owning a home is better than leasing. home ownership can help you increase your wealth. golf course communities provide a variety of designs for homes, meaning all homeowners in the neighborhood must agree to meet certain requirements. raising livestock is also an interesting idea,If you love the tranquility of the countryside away from the noise and hum of the cities and are a hunting enthusiast To do any home improvements or alterations, The buyer will be considered as a tenant paying rent in the period during which he pays rent to the seller. A hotel reservation might be tolerable as far our budgets are concerned. And luxury is not even all.

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