# 2313153 Split For Sale In N. Massapequa Century 21 Prevete - 09/28/10 10:31 AM
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#2308803 Colonial For Sale In N. Bellmore Century 21 Prevete - 09/28/10 10:29 AM
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#2301685 Co-Op For Sale In Middle Island Century 21 Prevete - 09/28/10 10:29 AM
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#2326143 Exp Cape For Sale In Merrick Century 21 Prevete - 09/28/10 10:28 AM
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#2281377 Colonial For Sale In Merrick Century 21 Prevete - 09/28/10 10:27 AM
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#2307079 Ranch For Sale In Massapequa Century 21 Prevete - 09/28/10 10:25 AM
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#2272255 Co-Op For Sale In Long Beach Century 21 Prevete - 09/28/10 10:24 AM
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#2065041 Exp Ranch For Sale In Levittown Century 21 Prevete - 09/28/10 10:23 AM
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#2254807 Exp. Ranch For Sale In Levittown Century 21 Prevete - 09/28/10 10:22 AM
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#2311491 Duplex For Sale In Island Park Century 21 Prevete - 09/28/10 10:21 AM
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#2292813 Colonial For Sale In Hicksville Century 21 Prevete - 09/28/10 10:20 AM
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#2255449 Ranch For Sale In Hicksville Century 21 Prevete - 09/26/10 11:46 AM
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#2307883 Cape For Sale In Hicksville Century 21 Prevete - 09/21/10 08:58 AM
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#2300920 Colonial For Sale In Hempstead Century 21 Prevete - 09/21/10 08:57 AM
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#2306800 Co-Op For Sale In Farmingdale Century 21 Prevete - 09/21/10 08:55 AM
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#2074939 Cape For Sale In Elmont Century 21 Prevete - 09/21/10 08:54 AM
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#2323526 Cape For Sale In Elmont Century 21 Prevete - 09/21/10 08:53 AM
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#2200188 Split For Sale In East Meadow Century 21 Prevete - 09/21/10 08:51 AM
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#2291842 Cape For Sale in East Meadow Century 21 Prevete - 09/21/10 08:50 AM
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#2320660 2 Story For Sale In Bellmore Century 21 Prevete - 09/21/10 08:48 AM
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# 2296312 2 Story For Sale In Amityville Century 21 Prevete - 09/21/10 08:47 AM
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#10808178 Colonial For Sale In Roosevelt Century 21 Prevete - 09/21/10 08:44 AM
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#2320660 2 Story For Sale In Bellmore Century 21 Prevete - 09/21/10 08:43 AM
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#2320335 Ranch For Sale In Seaford Century 21 Prevete - 09/20/10 04:42 PM
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Foreclosure Defaults Are Dropping So Why Are Repossessions Rising? - 09/18/10 02:54 PM
Foreclosure Defaults Are Dropping So Why Are Repossessions Rising?
RealtyTrac Inc reported that lenders repossessed more homes in August than they have since the beginning of the housing crisis even as the number of properties entering the foreclosure process declined for the seventh month in a row.
RealtyTrac estimates that banks have increased foreclosures to clear out their inventories of bad loans, but despite repossessing 95,364 homes last month, they still have thousands to go.Analysts predict that this shadow inventory will prevent home prices from bottoming out, despite a 28 percent decline in prices from 2006.Oliver Chang, Morgan Stanley housing strategist … (0 comments)
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Are Days On Market About To Double? - 09/18/10 10:27 AM
Are Days On Market About To Double?
CoreLogic analysts said Thursday that the majority of the 3.3 million delinquent mortgages will end in foreclosure and that will drive down prices before year-end.CoreLogic also predicted that the additional inventory of foreclosed homes could double the time to sell from the current 11-month average.The analysts also said the "Given that the tax credit simply pulled demand forward, the distressed share is expected to rise ... during the fall, when non-distressed seasonal sales begin to decline."
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Shadow Inventory Will Lead To Low Or No Appreciation In Home Prices - 09/18/10 10:09 AM
Shadow Inventory Will Lead To Low Or No Appreciation In Home Prices
In a recent paper by Alan Mallach, a senior fellow the Brookings Institution, predicts, that a steady flow of foreclosures over a long timeframe will prevent another crash in home prices, but will probably lead to low or no appreciation in home prices.Here's what's happening with the shadow inventory right now:
· Some delinquencies have been resolved through loan modifications or people working out the problems on their own.
· Banks are getting better at managing short sales.
· Investors are aggressively buying up properties, sometimes in bulk, directly from … (0 comments)
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Was the HomeBuyer Tax Credit Worth The $23.5 BILLION Spent? - 09/10/10 08:43 AM
Was the HomeBuyer Tax Credit Worth The $23.5 BILLION Spent?
Having read the article by Jacob Gaffney below my response is a resonding NO!!!
What has the $23.5 Billion gottens us?
1. Did more buyers buy because of the credit? NO. All the credit did was move up the pool of available buyers into April. There was an increase of homes going into contract before the April 30 deadline - BUT - what has happend since then? An abyssmal drop in homes sales. Average that out for the whole year and you will find that when December 31, 2010 rolls around you … (1 comments)
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Homes For Sale In Woodbury, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 12:05 PM
Homes For Sale In Woodbury, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Woodbury - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Woodbury - 2006 - 2010 From January To August have increased by 38 market days.
This represents a 54% increase in the Average Days On Market of Homes For Sale In Woodbury - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Wantagh, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 12:02 PM
Homes For Sale In Wantagh, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Wantagh - 2006 - 2010 From January To August has been increasing for several years with decrease over the past 2 years.
The Average Days On Market of Homes For Sale In Wantagh - 2006 - 2010 From January To August have increased by 3 market days.
This represents a 4% increase in the Average Days On Market of Homes For Sale In Wantagh - 2006 - 2010 From January To August.
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Homes For Sale In Seaford, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 11:46 AM
Homes For Sale In Seaford, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Seaford - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Seaford - 2006 - 2010 From January To August have increased by 5 market days.
This represents a 6% increase in the Average Days On Market of Homes For Sale In Seaford - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Plainview, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 11:18 AM
Homes For Sale In Plainview, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Plainview - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Plainview - 2006 - 2010 From January To August have increased by 13 market days.
This represents a 18% increase in the Average Days On Market of Homes For Sale In Plainview - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Merrick, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 10:58 AM
Homes For Sale In Merrick, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Merrick - 2006 - 2010 From January To August has been increasing for several years with a decrese this year.
The Average Days On Market of Homes For Sale In Merrick - 2006 - 2010 From January To August have increased by 15 market days.
This represents a 19% increase in the Average Days On Market of Homes For Sale In Merrick - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Massapequa, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 10:53 AM
Homes For Sale In Massapequa, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Massapequa - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Massapequa - 2006 - 2010 From January To August have increased by 10 market days.
This represents a 13% increase in the Average Days On Market of Homes For Sale In Massapequa - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Levittown, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 10:46 AM
Homes For Sale In Levittown, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Levittown - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Levittown - 2006 - 2010 From January To August have increased by 5 market days.
This represents a 7% increase in the Average Days On Market of Homes For Sale In Levittown - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Hicksville, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 10:32 AM
Homes For Sale In Hicksville, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Hicksville - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Hicksville - 2006 - 2010 From January To August have increased by 21 market days.
This represents a 32% increase in the Average Days On Market of Homes For Sale In Hicksville - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In Farmingdale, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 10:18 AM
Homes For Sale In Farmingdale, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Farmingdale - 2006 - 2010 From January To August has been increasing for several years.
The Average Days On Market of Homes For Sale In Farmingdale - 2006 - 2010 From January To August have increased by 16 market days.
This represents a 18% increase in the Average Days On Market of Homes For Sale In Farmingdale - 2006 - 2010 From January To August.
The number of Closed Sales of … (0 comments)
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Homes For Sale In Elmont, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 10:16 AM
Homes For Sale In Elmont, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Elmont - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Elmont - 2006 - 2010 From January To August have increased by 30 market days.
This represents a 35% increase in the Average Days On Market of Homes For Sale In Elmont - 2006 - 2010 From January To August.
The … (0 comments)
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Homes For Sale In East Meadow, New York – 2006 - 2010 From January to August Market Statistics - 09/07/10 10:06 AM
Homes For Sale In East Meadow, New York - 2006 - 2010 From January to August Market Statistics
The Average Days On Market of the Homes For Sale In East Meadow - 2006 - 2010 From January to August has been increasing for several years witha decrease this year.
The Average Days On Market of Homes For Sale In East Meadow - 2006 - 2010 From January to August have increased by 15 market days.
This represents a 21% increase in the Average Days On Market of Homes For Sale In East Meadow - 2006 - 2010 From January to … (0 comments)
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Homes For Sale In Bethpage, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 09:55 AM
Homes For Sale In Bethpage, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Bethpage - 2006 - 2010 From January To August has been increasing for several years with a decrease this year.
The Average Days On Market of Homes For Sale In Bethpage - 2006 - 2010 From January To August have increased by 24 market days.
This represents a 31% increase in the Average Days On Market of Homes For Sale In Bethpage - 2006 - 2010 From January To August.
The number of Closed … (0 comments)
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Homes For Sale In Bellmore, New York – 2006 - 2010 From January To August Market Statistics - 09/07/10 09:42 AM
Homes For Sale In Bellmore, New York - 2006 - 2010 From January To August Market Statistics
The Average Days On Market of the Homes For Sale In Bellmore - 2006 - 2010 From January To August has been increasing for several years witrh a decrease this year.
The Average Days On Market of Homes For Sale In Bellmore - 2006 - 2010 From January To August have increased by 19 market days.
This represents a 24% increase in the Average Days On Market of Homes For Sale In Bellmore - 2006 - 2010 From January To August.
The … (0 comments)
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