nassau: Now is the Time to Buy Short Sales on Long Island!
- 01/20/09 04:00 AM
Why is now the time to buy a short sale on Long Island? From all the research I have done, you should see two trends happening in the housing market for 2009: prices falling by at least another 10 percent due to discounted sales, such as foreclosures, and sales are going to increase dramatically. In December 2008, the overall median closing price for Long Island and Queens went down by more than 10 percent from the same time a year earlier, dropping from $425,000 to $381,800, according to the Long Island MLS, which also covers Queens. If you are a first … (2 comments)
Why is now the time to buy a short sale on Long Island? From all the research I have done, you should see two trends happening in the housing market for 2009: prices falling by at least another 10 percent due to discounted sales, such as foreclosures, and sales are going to increase dramatically.;)
;)
