November Real Estate - 11/02/09 02:33 PM
November and December are traditionally the slowest time for sales on Long Island.  If the $8,000 tax credit is NOT renewed I think sales are going to fall off a cliff.  My area is primarily 1st time buyers anyway, and they have certainly taken advantage of the great choice of homes available, the low interest rates and the $8,000 tax credit.  I know we saw a big difference in the number of buyers and sales this summer and fall due to the credit.  People are surprised when we say the summer is the second slowest time of year for sales here.  … (5 comments)

 

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