nassau county: Top Short Sale Processes - Navigating NY's Short Sales - 04/24/16 10:15 AM

 
Any dedicated bargain hunter who scours the Long Island listings is not surprised to find among the most deeply discounted entries one of two notations: foreclosure or short sale.
Everyone knows what the “foreclosure” designation means—it’s been repossessed by the bank. It’s an REO (real estate owned). By discounting the asking price, the lending entity invites buyers to take the property off its books. It is here that the economists’ favorite acronym, “TANSTAAFL” (There Ain’t No Such Thing As A Free Lunch), comes into play. Foreclosed properties have frequently been neglected by their previous owners, who are not happy campers. So the cost of rehabilitation must be … (0 comments)

nassau county: Recent Developments Impact Long Island, NY’s Real Estate Scene - 04/24/16 09:53 AM

 
A couple of recent developments made the news recently that promised to impact Long Island, NY’s real estate scene either now or in the future. The one that got most of the attention last Wednesday came from a familiar source: Federal Reserve Chair Janet Yellen. Her news conference’s less-than-stirring pronouncement (“Caution is appropriate”) made headlines nonetheless because of the accompanying action (actually, inaction): no increase in interest rates.
Nassau and Suffolk County real estate watchers will remember that when the Fed increased their Fed Funds target rate by a quarter of a point last December, they nudged it upward from zero to … (0 comments)

nassau county: Predicting Long Island Home Sales: More Quandary Than Certainty - 04/24/16 09:44 AM

Even the least vigilant of Long Island’s market-watchers had their antennae out this April, the traditional time of month when real estate statistics are released from the most authoritative sources. National trends in home sales frequently provide clues to the direction the Nassau and Suffolk County markets are likely to take—and with the 2016 spring selling season already under way, this is the time of year when movements can be more volatile than usual.
The April 4th, 2016 data was less exciting than has been the case in recent years—and what movement there was seemed to leave opinion-makers perplexed. The Associated Press … (0 comments)

nassau county: Do Long Island House Hunters Prefer New Homes? Yes and No... - 04/24/16 09:05 AM

Several different surveys confirm that if you ask American consumers which they prefer, close to twice as many say they would choose to move into a brand new home rather than an existing one. But—and there are several important ‘buts’—when it comes to today’s typical Nassau and Suffolk County house hunter, that answer can be a little misleading.
For one thing, house hunters who don’t even check out Long Island’s pre-owned house listings are few and far between. In actuality, when someone begins to think seriously about buying their next home, it’s highly unlikely they will be able to resist taking at … (0 comments)

nassau county: Suffolk County Buyers and Sellers Differ…Except in This - 04/02/16 06:39 AM

Right now, just a few days into spring, we are right at the start of Bellmore’s peak real estate selling season. I’ve always found it odd that you don’t hear much about it—but that also makes it the beginning of the buying season, too!
As a licensed New York Realtor®, throughout the course of the year I am privileged to act as the agent for both buyers and sellers in many different transactions. The details I’m called upon to manage do vary somewhat depending on which side I am representing in any given sale—but there is one very significant goal that I … (1 comments)

nassau county: Officials Unworried by DTI Outbreak among Long Island Homeowners - 04/02/16 06:32 AM

It might sound shocking, but Huntington’s homeowners—present and future—have DTIs!
Although the press has been largely silent, it’s important that the public be fully educated on the subject. But before anyone calls an emergency meeting to see what can be done…
The good news is that, despite how dire it may sound, having DTIs isn’t a health menace (even though it is true that Long Island homeowners have both front-end and back-end DTIs). In fact, they’re not only not a problem, the truth is that without DTIs, it’s doubtful any of us could qualify for even the simplest Huntington, NY home loan.
You needn’t … (0 comments)

nassau county: The Long Island, NY Spring Selling Season Couldn’t Wait… - 03/16/16 11:00 AM
Long Island’s spring selling season is underway!
Okay—it’s understandable if that seems like a somewhat premature announcement, but it is verifiable from any number of sources. Never mind that this year, spring doesn’t officially arrive in New York until March 20…but that’s only what astronomers say (and they can’t even decide whether Pluto is a planet). Meteorologists take issue with them, anyway. It’s always March 1 as far as meteorologists are concerned. But this year’s Godzilla El Niño has made everything they say subject to revision. And anyway, we’re talking about real estate—and when it comes to real estate, spring is here … (0 comments)

 
Core Real Estate Advisors, Inc., Principal Broker: Commercial / Residential (Core Real Estate Advisors, Inc.)

Core Real Estate Advisors, Inc.

Principal Broker: Commercial / Residential

Huntington, NY

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Core Real Estate Advisors, Inc.

Address: 1732 1st Ave #28611, New York, New York, 10128

Office: (844) 211-5053

Mobile: (917) 525-3516

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